Originally Posted by DieselNY
Actually the purchase price is extremely important...you do not negotiate the payments..you 1st negotiate the actual sales price then work with the payments off that...if you let a dealer negotiate only payments then you are going to get taken advantage of.
I think I expressed the same opinion in different form.
That's why I wrote "as important" as opposed to say 'not important'.
With leasing, the single most important factor is the total of payments for the variable of time.
For example: if the purchase price for a specific BMW is 500,000 for 36 months but the leasor agrees to repurchase the vehicle for 499,999 at the end of the term, did purchase price matter as much as the residual? I recognize this a ridiculous example but it underscores the point.