I'm leaning towards buying. I don't like that I don't get to own the car in the end with a lease. I would consider it just to keep my options open, but I've always thought that buying makes more sense.
you can still buy the car back at the end of the lease term for the residual if you really wanted to. It does help to keep your car costs down over time. Regardless the question is challenging as we're still without pricing!!!
I am negotiating a lease with a dealer in California for a RC 350 F Sport. They offered the following: 36 months, 10k/year, 65% residual, .002 MF.
I am concerned that the MF is way too high. My score is almost at 700. Is this a normal rate for Tier 2 credit?
Does anyone know the current money factor offered by Lexus USA? My thought is that .002 MF is inflated a bit to pad the dealer's margins. That said, a high MF out of the gate is common on new vehicles.