The 1 percent rule in leasing. | FerrariChat

The 1 percent rule in leasing.

Discussion in 'General Automotive Discussion' started by MotorMouth, Nov 23, 2019.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. MotorMouth

    MotorMouth Formula 3
    Silver Subscribed

    Jan 6, 2010
    2,375
    MA
    Full Name:
    Dave
    #1 MotorMouth, Nov 23, 2019
    I thought I was really on to something when I realized this simple little equation to identify an exceptional lease deal. Upon googling this curious phenomenon, I discovered the 1 percent rule is already a well known rule of thumb. Well, nobody told me... in case anyone is unfamiliar with this. A really good lease special tends to be a monthly payment of about 1 percent of msrp with 0 down.
    I’m also finding that it is important to also consider the other terms of the deal (the confusing parts that no one understands). So my question is, if you have no intention of buying the car at the end of term, would any of the other terms be of any consequence?
     
  2. JJ

    JJ F1 World Champ

    Jan 6, 2010
    11,357
    PA
    Full Name:
    24601
    #2 JJ, Nov 23, 2019
    The mileage allowance and penalty are kind of important if you're going to give it back (and when judging a lease deal).
     

Share This Page