Originally Posted by dce93atl
Question for you leasing pros? How negotiable is the residual or is it a number that cannot be negotiated? I know that the biggest key is to get the purchase price as low as possible but what about the residual?
Non-negotiable. The only way you can change the residual is by changing the lease term (24 versus 36 months) or mileage (10K/year, 12K/year, etc).
The same goes for the Money Factor - also non-negotiable, but can be changed with multiple security deposits.