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gladiator lease residual values?

ParadiseMo

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Looking at lease fine print details and they have 0.7 residual on MSRP... is that normal? Finance guy said they hold value, but that looks way optimistic.
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Fpolanco

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Following this as our lease is coming due soon....
 

cranbiz

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If your lease states a 70% residual value, that is a good thing for you if you are planning on buying it out.
 

MarkO

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If your lease states a 70% residual value, that is a good thing for you if you are planning on buying it out.
Not really. High residuals are generally because of support for a car/truck by the manufacturer. This means you pay more at lease end. If market values are low, and you buy high, that’s not a good thing.

High residuals only mean lower payments all things equal.
 

Erievon

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Just leased a 23 JTR about a month ago, MSRP was 65 and Residual is coming in at 42, so I'm looking at appx 65%. Hopefully the market outpaces that and I'll have equity at the end like I did on my 20 JTO.
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