It is just a cycle. If rate goes up, a lot of people will not buy new cars and instead buy used cars. The used car market will dry up, inflation will be down because everyone is keeping their money in the bank, feds will lower rate and car manuf will increase residual value and decrease ratr and everyone is happy again leasing new cars.
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Some of the lease rates for new models, not cheap autos, are pretty high as mentioned in multiple threads on LH. Not the best examples in the article but some data from Wantalease pulled from yours truly!
Car deals: How to get a discount on a new car or truck
As someone who is a heavy currency and market trader and an avid watcher of the fed this statement makes me cringe. Were still very much behind the curve in terms of interest hikes FYI. This just in: Automakers no longer trying to be competitive, slash sales numbers with no financial repercussions.
Our topic here is cheap lease deal ending.
We are not talking about why feds raise rates or lower it. Best New Car Deals: Best Green Car Deals: GM Supplier Discount: Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers.
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- Why another rate hike could kill some cheap auto lease deals.
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We analyzed of the latest offers to find the best lease deals in February. Higher interest rates have translated to costlier leases, making it especially important to know where to find the best deals when shopping for a new car, truck or SUV.
To make leases easier to compare, we've calculated the effective monthly cost of every deal based on payment, term and the amount due at signing. In addition to our top picks, we've also compiled a complete list of every lease deal ahead of Presidents' Day. Offers listed here are advertised lease examples, but you may be able to negotiate an even better price. Not seeing deals for your particular area?
Best Lease Deals: February 12222
Leave us a comment with your zip code and preferred vehicle type and we'll do our best to help. The Forte features an updated look this year with a resemblance to the much pricier Kia Stinger. This is a regional offer available in the following states: Huge price cut: Until recently, promos for the Camry were considerably better.
Expect to see very aggressive prices from Honda driven in large part by big dealer cash incentives. This is a national promotion. Interestingly, a superior residual value helps make the EX a much better value when leasing. Apart from a more lively 1. This is a national offer.
Bonus for switching: We're seeing this offer in cities on the East Coast and West Coast. Big discounts help make the Envision an outstanding vehicle to lease. If you're looking for more value, the Envision could be worth a look.