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Residual Value my dealer gave seems high any idea? (archive)

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Posted by Steve on March 02, 1999 at 15:30:29:

I've been going back and forth with the buy/lease decision and have a question for you, My dealer is telling me the residual for a 3 y 12k lease is like 67% and a at 15k a yr it's 65% does that seem right to you guys? I thought so but then came across a car report at via the washington post saying the residuals at a good 10% lower at the same figures. Anyone leased and if so what kinda of term/resid did you get?

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