I thought the new incentives would come out today, but I am still seeing the old ones online. Does anyone know what they are?
There is no new incentive. The rates stayed the same. However, the residuals nosedived, which is no surprise. This time of the year all residuals nosedive.
Yes. The residual on a II dropped from 15288 to 14,582. That's over 700. And, since they may well have the cars back in their hands after three years ... they have the right to set residuals anywhere they want! The other models all dropped on the same ratio, too. About 4% on average across the board. When I calculate leases, the II's payment jumps about $20 and a IV or V with more options/extras jumps almost $30.
