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Originally Posted by H2inMD
any body know the residual and money factor for a 24 month 12 mile H3 alpha lease.
thanks
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The residual would depend on what equipment you get with the truck as well as the options and dealer added accessories. Although, with the current cost of gas, and the non-existent history of the Alpha model makes GMAC's estimation unrealistic (too high). That said, the residual on my Alpha is roughly $28,000 for a 24 month 15,000 mi/yr smart buy through GMAC. I believe that you can go with an outside credit company that will undoubtedly have a lower residual - however that fact may raise your monthly payment significantly if GMAC's APR is fairly low.
As for the money factor, I'm not clear as to what you are referring to. However, I was able to get a 4.9% APR through GMAC.
Hope this helps a bit!