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Feel free to look at the database of signed deals and prove it wrong. Anything at about 7.5/8 and higher falls within this framework. To the average car buyer most leases are fleeced. With my years of leasing I have not signed any of them. How many deals do I say a sign a drive lease only inceptions and they show me a cap cost lease. Or a marked up bank fee. I insist rolling just about everything in the payment to get that Effectively number.Its a quick way for me to know where things stand. Ill five specific examples. You cant seatch the database by score so Ill pull up random ones.
2023 Volvo C40 MSRP 59K Lease 464.00 (10.6) This is my perfect example of a car that makes clear sense to lease vs buy. These are the kind of leases I had been getting, in this range
2023 Nissan Frontier 48K 348/M 11.6
2023 Honda Accord 28K 417/M (2K down? 5.7 (I call this a fleece)
2022 BMW 7 Series 123K/ 1048.00 9.8
Feel free to pull up something that shows otherwise. There may have been some unusual situations in the pandemic but I still got sharp deals in 2020 with some patrience. Lease scores 5-6 are bad deals as are those with plenty of cash down that are in those score ranges. Maybe some of the snarky people, feel free to show me leases in that database that score well with numbers like 40K cars and 600-700 payments.
I for one am here to challenge you and say this rule of thumb is utter nonsense! 1% deals are made up by the big biking industry that want to see dealerships and auto manufacturers go bankrupt so that they increase bike profits. Any true Leasehackr knows that only 3% deals on vehicles like Kia Seltos and Chrysler Pacificas are what to shoot for
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So this is basically a 0.85% monthly rule rather than 1% rule
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Every time I hear ârule of thumbâ
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Perfect examples of cases where your 10% rule fails and someone following it would be overpaying
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Youâre missing the point. How many threads have you read where the forum was in favor of those deals?
The point is your rule of thumb can leave a lot of money on the table. In other words youâd pay $1,000 per month for a $120,000 EQS450 and fantasize about not getting fleeced, when in fact you did get fleeced.
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Leasing: End of the line for a lot of us my friend, regardless of manufacturer.
We can all flaunt âour bestâ lease deals from the last 10 years but it doesnât matter as the market has shifted considerably. E.g. no one can replicate my $523/mo $77K MSRP 550i or my $699/mo $88K MSRP '18 X5 50i deals today⌠Adds no credibility to this ârule of thumbâ.
Also, I would imagine that most people here actually care about what they drive as opposed to a low payment that fits whatever box you came up with⌠I would pay a little extra to not drive a S90 or a f&%$ing Pacifica.
I promise you that when I lease a 60k car in Virginia and have to pay 4.15% on the sale amount I am not getting fleeced compared to a similar deal in Florida, unless you believe that states can be the ones doing the fleecing (in which case you might actually be onto something)
Spin zone: is Virginia fleecing ME? 
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To really consider the quality of a lease you need to remove taxes since they are outside our control. Otherwise the exact same car with th same purchase price/rebates/MF could be a good deal in one place and a bad deal in another.
It also makes no sense to include taxes when evaluating a deal since some taxes are built in and others are not. In California the local tax is built into lease payment. In places like Virginia, Missouri or Mississippi that local take is collected annually after the fact and is not included in a lease payment.
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Stop it with all your facts and nuance. This man just wants to fantasize about never overpaying. Let him J/O in peace!
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I think the point is that what you are saying, 10%, 1% or .85% isnât really ground breaking and that even with that general guideline, there is much more to consider and that should really be âthe rule of thumbâ⌠know the numbers.
My rule of thumb is âtarget the paymentâ but I already got a lot flack about that (even though I still stand by it because I back it up with the numbers and history).
So really⌠there is no thumb⌠just do you.
Iâm surprised you guys are giving a long time LHer so much gruff⌠I guess baptisms need to renewed once in a while? 
We donât discriminate. We evaluate the quality of the content, regardless of the poster. In this case, itâs lacking.
I understand lol, Iâm just saying people use these rules inclusive of taxes, which makes them objectively wrong right out of the gate.
No because even with that 4% the deal itself will stand on its own merits. That 4% on 60K =$2400/36 is 65 approx a month. That wont make a 42,000 car 750-800/m.Because that deal is bad already.
I guess Iâm more surprised that a long time LHer posted this thread.
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Sorry, if it wasnât clear I was trying to agree with you 
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