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Can I get a lower residual value for business purposes or for a low end of lease purchase option?

April 26, 2017Business lease low lower option purchase purposes residual value

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Can I get a lower residual value for business purposes or for a low end of lease purchase option?

1 Answer

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Yes, residuals can be as low as 2% of the MSRP (new cars) or Current Retail Value (used cars). It will vary by lender.