Hi, I wanted to lease a new ev but never leased before. Ive read through everything and feel like I have a good understanding but was wondering how does residual values work? Possibly looking at an ioniq 5.
Say MSRP is 50k but offers a 10k lease cash plus Oregon might have a 7500 ev credit soon that’s taken at point of sale. If the residual value to buy out the car at the end of lease is .60, is it .6 of the MSRP price? or .6 of the final price of 32.5k?
.6 of msrp.
RV is always a % of MSRP
That being said, why is the “final price” in your hypothetical 32.5? Are you not planning to negotiate any discount from the dealer prior to any manufacturers rebates or state incentives?
Ok that makes sense! I figured 50k is around the ball park of the car and there’s 10k lease cash and 7.5k from state ev credits making it 17.5k in credits.
Unless its a usbank lease, where there is a percentage and then they add the ev credit on top
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