Most cars do not lease well. They do not have the programs (RV, MF and incentives) to be good candidates for lease-hacking, regardless of what dealer discount you can negotiate. This is truer now than it has ever been. Which means you cannot start your search with a particular car or cars in mind, and then find a way to make them lease well.
It will be like pushing a boulder uphill while pulling teeth, and you’ll still probably have a bad deal in the end. You need to start your search by filtering only the vehicles that are leasing well right now and offer good value per dollar.
Check out the “Share a Deal” and “Marketplace” sections of LH forums to decide what’s leasing well and pick a vehicle that is already proven to offer good value.
Remember, there are no magic wands that can save a deal from poor programs (RV, MF, and incentives) and/or poor discounts.
Thanks everyone for the thoughts. Could someone explain to me why this is a bad deal? I’m new to this, and I’m having trouble understanding what makes the numbers good or bad.
A bad lease deal will have one or more of the following: low discount, low residual value, high money factor, low incentives. Looks like this deal has 3 of those 4. CX-30 residual value seems ok this month.
You can improve the deal by trying to increase the discount, making sure you’re getting the buy rate on the money factor, and, if you’re able to do them, multiple security deposits would lower the money factor.
