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Leasing cost speculation
Looking at the Nissan LEaf lease offer right now...
$1999 down, $199 for 36 mo, 16,700 residual.
$7200 36 payments
$25,700 and dealer retains $10k worth of incentives and used to lower lease costs.
So, Seeing that the Smart's MSRP is approx $7k less than this Leaf lease MSRP (approx $32,500), I would have to expect that the payments will be far lower, with a lower or 0 down payment, lower monthly payments and of course, a far 1lower residual. IMO, leasing cost when factoring in CA's and federal rebates of $10k total, should put the lease at closer to $139 a mo, 0 down, and a $12,800 residual or so.
$3,600 36 payments @ $99
Residual of $14k
$18,600 and Dealer retains $10k tax credits in CA. It makes sense to me!
In the end, the residual HAS to make some sense, meanig it will be around $my estimate give or take a grand. If the lease is a rip-off, I WILL buy the car flat out, or finance if there are attractie rates.
Last edited by pointlomadave; 02-02-2013 at 11:24 PM.