Hello,
I’m using the Rate Findr for Mazda CX-90 Phev and see an incentive called Maximum Residualized MSRP of $68,340. I have never seen this before. Am I to understand correctly that I would use the residual of the MRM instead of the MSRP? The MSRP of the Premium Plus trim i’m looking at is $58,325. If that’s not the case, can someone explain it like I’m 5, please?
MRM basically just means anything over that amount can’t be included in the residualized value.
So if you have a car that stickers at 60,000, with an MRM of 58,000, any amount over 58,000 (in this example 2k) is just paid straight up over the course of your lease.
Only when the MSRP of the car you’re looking at exceeds the MRM.
Which seems impossible on the PHEV since it tops out at ~$60k
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