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      03-31-2008, 09:33 AM   #2214
blarney
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Drives: 4 wheels
Join Date: Mar 2008
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Quote:
Originally Posted by runutzzzzz View Post
Nothing wrong with leasing this car. Just because he stole it doesn't mean that the leasing company makes out. Just a lower payment for him.
Residual stays the same it's based off of MSRP NOT purchase price.
That's what I'm getting at, he basically gave that deal to a leasing company so now they get to buy it for below MSRP, they will rent that car to him for a few years and at the end they get to sell that car to him or someone else based on it's depreciation over MSRP. Which means they are the ones who reap the benefit of this deal.
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