How should I negotiate the residual value of a leased car?

Question

I want to lease a car and purchase it at the end of the lease.

Example :
I negotiate the purchase price of a car down from $25,000.00 to $23,000.00 . ($2,000.00 savings)
Now I tell the dealer I want to lease the car.
The dealer wants $2,000.00 down at signing .
Since I negotiated $2,000.00 off of the original price, does this mean that I now do not need to put any money down????
OR
Does this mean that I would still pay the $2,000.00 down, BUT
pay $2,000.00 less when I purchase the car at the end of the lease???
OR
none of the above??

Answer 1

The residual is set by the lease company, and there is no way to negotiate that. The only thing you can negotiate, is the price and money factor. Oh.. and the trade allowance. I hope this helps and good luck.

Answer 2

you would be better off buying instead of leasing.