First time leasing. Is this good? Would maybe want to buy after lease is done.
Rebates discounts 11063
Audi care 1099
$ factor .0024
Lease term 24 months
Monthly payment 605
Residual 38013 ( is the residual too high ? I would want to buy the car at the end of the deal) after paying $19500 through the 24 month term and only contributing 10k to the balance, doesnt seem like a good deal. is that normal for leases ?
There’s no such thing as normal. Some leases have very high rent charges and therefore a smaller % of the payment actually pays down the balance. Such leases are not good candidates for leasing for the entire term and then buying out at the end.