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Discussion Starter · #1 ·
Anyone out there know if the lease residuals and/or lease rates have changed since December 2007?

Thanks.
 

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Leased mine in middle of January '08 and residual is 62% for 3 years.
 

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Discussion Starter · #3 ·
Was the 62% residual value based on 3 years/12k miles?

Thanks for the response.
 

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Based on 3 years, 45,000 miles
 

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Discussion Starter · #5 ·
Thank you Laguna Surfer...does you lease contract reflect a 7.25% rate (or .00302 money factor)?
 

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I can't find the lease rate in my papers, but I got a special rate for California. Think it is .0015 based on trying to calculate it from the SmartLease recap.
 

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Different parts of the country get different lease rates. Depending on where you live the rate can vary from 8% - 6.25%. As far as I know, the residuals havent changed since the vehicle was introduced.
 

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Hi,

We are in NJ. Just picked our car up Saturday. 62% residual and 7.25%.
 
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