Would love to hear from others for the latest rates for;
60 month FMV
36 month FMV
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From one company. Manufacturer subsidized.
60 net new .01866
36 net new .02802
60 .01944
36 .02915
From another company.
60 .0196
36 .02907
let's take a look at the difference in the two rates..
A $10K lease using the rate of .0212 - $212.00 per month
This means when the dealer backs out the rate, that $212 per month will fund them $10,816.32 Take the $212 and divide by the .0196 to arrive at the over book.
In some cases the overbook will be more than the commission that is paid to the rep.
Now let's take a look at the first set of rates. Pretty much means the manufacturer is kicking in a few dollars to by down the rate factor.
Would love to see more rates from members