Personal Consumer Issues • Car thread: Kia ev9 vs. Toyota grand Highlander hybrid

Any negotiation tips? How do I ensure residual value is in my favor?

(First time leaser)

So the first tip is that the residual is the ONE aspect of the transaction that you have zero control over. It is a hard number, set as a % of MSRP (not the actual sale price) and cannot be negotiated. The percentage may vary slightly from month to month depending on how the Manufacturer’s finance arm wants to handle things, but it is literally impossible to negotiate.

So…negotiate everything else.

Statistics: Posted by Wannaretireearly — Sat Sep 28, 2024 8:41 pm — Replies 26 — Views 1409