Is it True That the Selling Price is Not Important in a Used Car Lease?
No. The selling price of a car is important since it helps determine how much you will pay for your lease. The lower the cost of the car the lower the payments. Used car lease payments are determined by the difference between the selling price of the car and the car’s expected residual value at the end of the lease. You should negotiate the selling price for a used car lease just as you would if you were purchasing a used car.
