Would be great if someone can educate us on leasing last year’s model… Should I expect the residual to stay the same as the new model? money factor? if it changes, when? trying to lease 2018 Explorer but been told that no incentives and dealers will not get aggressive… thoughts?
Lease support ended for 2018 Explorers. It will not come back.
So how do they motivate buyers to lease last year’s model? or buying is the only option?
Buying is the only option.
Got it - Thanks! in general, residual stays the same?
There is no residual. You can’t lease it.
Some manufactures extend their lease programs to the next year if they have a lot of previous model year units left on their hands or if a new body style is replacing it.