Thanks.Everything is a best guess at this point but the below link has some estimated data.
Rough estimate ~$20k buy out for your lease.
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Ford Maverick Has Better Residual Value Than Hyundai Santa Cruz
The battle between compact pickups has begun in the US with the Maverick and Santa Cruz. An analysis shows that the Hyundai lifestyle truck has a disadvantage.www.google.com
I’m just curious where you pulled that 50 percent number from.Ford is expecting 50 or so percent depreciation so somewhere in the 15 to 20k region, maybe slightly more. It's a best guess at this point.
Thanks, I was looking at the 3 year lease and didn’t expect the Maverick to be estimated to depreciate nearly that quicklyI saw it on an article a few weeks ago. Ford is expecting depreciation after 5 years at 55% if I recall correctly.
It was over on Reddit, comparison to Hyundai. I don't recall a primary reference but at this point it's all guessing. The market should soften some if supply chains ever catch up.
That depends on your needs and if you like to change the car. If you buy every few years and don't drive a ton, you're a good candidate for a lease. If you like to add parts, drive alot, or just don't want to answer to anyone buying it is the only way.so, say someone figured that they wanted to trade it back in in a few years, because there would probably be a plug-hybrid with fog lights by then.
Would they do better to:
1. lease it at this $338 a month, and kiss the monthly payments and $3,000 down good bye in three years
2. buy it on payments and pay $600 something a month (think 60 month note) for three years, then trade it in (could be upside down)
3. Write a check for the whole price, trade it in three years.
On the one hand, if you lease you have nothing to trade in. But on the other hand, you are keeping more of the cash on hand for those three years than you would if you wrote the check.
I honestly don't know but wanted to hear some opinions.