This could impact the lease rates.
The battle for compact pickups in America has begun with the Ford Maverickand Hyundai Santa Cruz. This will ensure that truck-loving Americans have plenty of options. We’ve already shown you how the trucks compare in a specification sheet matchup. Now it is down to which truck offers the best deal at the dealer – through lease, purchase, or financing.
Although it is too early to predict how financing offers will perform for both nameplates at this time, a recent analysis by CarsDirect Based on the recent dealer incentive bulletin, the website suggests that the Santa Cruz might be a more dangerous truck to lease.
The analysis shows that the Santa Cruz SE trim will have a 60% residual value, especially in its entry-level SE trim. This calculation is based upon the $269 36 month lease agreement with 10,000-mile annual allowance. The monthly cost of this lease is $367.
According to CarsDirect, Ford Credit lists a residual worth of 62 per cent on the entry-level Maverick XL based upon 10,500 miles per annum. The XLT trim has 64 percent of the highest residual value.
The residual value alone could make the Maverick a better choice, but there are other factors that could impact the lease rates. As of writing, Ford has not released the Maverick’s lease offer.
We know the Maverick outsells the Santa Cruz in terms of pricing . The Blue Oval may even surpass the South Korean marque when it comes to leasing offers. However, there is a catch. CarsDirect stated that the Maverick XL would be exempted from the promotional lease deals. This could lead to buyers choosing the more expensive variant.
These analyses may change when lease offers for Mavericks become available. You can always shop around to find better deals, as usual.