[NefCanuck]

OAC_Sparky,Feb 9 2008, 12:30 PM Wrote:

NefCanuck,Feb 8 2008, 10:55 PM Wrote:I'll admit to being lease stupid here so bare with me when I ask what may seem a dumb question:  If the residual on the Edge is 52% and it stickers new for even $40K wouldn't that put the buyout value at just over $20k? :huh:

In a few years I may be able to eat that and not get any indigestion at all :P

NefCanuck
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Yes, as long as you realize that be getting a 3 year old vehicle and financing at 6-8%. And keep in mind that's the buyout price, not the price on the lot. The salesman will want a commision too.
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Still, that would likely mean an on the lot of $27K, which you can I think have a reasonable chance of browbeating down to $25K, no? :huh:

NefCanuck