Hi All -
Have an existing 2021 Q3 S Line Premium lease coming to an end (36/10 and extended 6 months) and trying to negotiate a new lease on a 2024 Q3. Existing lease deal check was done using this forum, so thanks for the help!
I received a +$5k offer vs. the residual ($26k vs. $21.1k) from CarMax and have shopped a few dealers so far with little success getting much of that equity applied.
Attached is the latest deal I was offered for a 36/10 term - lease comes in at $598/month according to the dealership after $2.5k customer cash and $1k from my trade-in. However, I entered the terms with a 60% residual and .00211 MF as I secured from Edmunds and the leasehackr calculator shows $471/month. Am I missing something? Calculator here.
Dealership said they’re using 60% and .00201 so I’d love some help!
Thanks!