For the uninformed - what is the signifcance of the money factor in a lease and....
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Be careful when you evaluate the residual and the money factor. dealers have various options and I have experienced very different residuals and money factors from different dealers. I just leased a new A6 4.2. First dealer quoted 6.9% with a 48% residual. I thought rate sounded high and residual was too low. I called another dealer and was quoted 6.2% rate and a 54% residual. Went back to the first dealer and asked what was up and he said he made a mistake and the "correct" factors were 4.2% rate and 54% residual. Said he was lookiong at an old page. Purchase price was invoice and they were trying to make their dough on the "spread between the first quoted factors and the real ones. Good luck.
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