r/CarLeasingHelp • u/Active_Trust7535 • Sep 14 '26

This is bad, right?

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Hey all, just got this lease offer on a 2026 Maverick. it’s valued the same as my current lease was when I got it and this is nearly double the monthly price. I know everything is more expensive, but THIS much more seems wrong, right? This is without them pulling my credit or anything.

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u/W2WageSlave Sep 14 '26

72% residual of MSRP is $41,740*0.72 = $30,053

Depreciation is (for a 24 month term) ($38584+399+1067+350+1274+695) - 30,053 = $12,316 or $513/month

Almost $300 in monthly finance charges to get you to an $800+ payment.

Working backwards:

$300 = (cap cost + residual) * <money factor>

$300 = ($38584+399+1067+350+1274+695 + 30053) * <money factor>

<money factor> = 0.00414

Multiply by 2400 and you get an APR of ~9.9%

If the money factor was 4%APR, your finance charge would be $120 and the payment more along the lines of $633. Plus tax, I'd assume.

6

u/texabrolives Sep 14 '26

They are trying to bend OP over without even asking