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To know if a lease is a good deal, use the 1.5% rule: divide the monthly payment by the car’s total MSRP. If the result is 1%, it’s a steal; 1.25% is great; 1.5% is your absolute max. Get at least 5 offers—if they’re all over 1.5%, the car has a bad lease program from the manufacturer. Pick a different vehicle. #leasehacks #carlease #leasing #carbuying #moneyfactor residualvalue negotiation cartips personalfinance savemoney auto carsfromhome budgeting autodeal financialliteracy | Deshone the Aut
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