Can someone tell me if this is a good deal?
I went throught the Costco program and was told because of the new model design they had incentives bringing it down even more. I did minimal research about leases when I went in and thought it was a good deal, but realized I never was told what the APR would be. After doing some research and figuring it out on my own, the residual value isn’t that high (54%) and MF seems to be about .0042. Can that be right?
MSRP - $27505
Net Cap - $22,762.21
Res Value - $14852.70
36 months
15K miles
.10 per mile over
Due at Signing - $1000
Monthly after CA 9.25% tax - $264.28