Auto lease...scheduled check ups....residual value (vehicle, mileage, buy)

[dfour]

Question about maintenance schedules when you lease the car. We have the oil changed at every 3750 miles.

But, at like 15,000 they do all this "inspecting" on top of the oil change. I'm all for having all the fluids changed at the recommended mileage.

Does not having these other "check ups" affect the residual value at the end of the lease?

[M3 Mitch]

I would take a look at the lease paperwork or ask the lease holder (who is probably the dealer and so is not exactly impartial).

3750 miles is an odd oil change interval.

[getmeoutofhere]

Your residual value is guaranteed in your contract, that's one of the main benefits of leasing is a guaranteed value on the car. Lease holders are banks, not dealerships.

I can almost guarantee your lease contract includes an obligation to maintain the car up to manufacturer's recommended standards, but 3750 is a goofy interval. It should be 3000 or 5000.

What kind of car?

[dfour]

Infinity. Thanks. I'll have to look at the contract, bout time I did.

[getmeoutofhere]

Originally Posted by DFOR

Infinity. Thanks. I'll have to look at the contract, bout time I did.

God forbid you look at a binding legal document before signing it.

[DDevil]

I bought a GM vehicle which has an Engine Oil Life monitor, and the dealer said to just get oil changes whenever it says Oil Life is around 25%, which comes to about 10k miles.
I dont intend to spend any more on this car since the residual is too high and there is no way I am going to pay that much to buy it.