24 months
61.5%
- Residual value
- $38,991
- Depreciation
- $24,409
- Miles included
- 24,000
Highest residual, highest payment.
4108 Burnet Road, Suite 120, Austin, TX 78756
Seven seats, and a 39 month term that shaves the payment

A three row electric SUV with a third row adults can genuinely sit in for the run out to Fredericksburg. We write this one on 39 months rather than 36 on purpose: the residual only drops a point and a half over those three extra months while the depreciation spreads further, so the payment lands lower than the same car on a 36. The 102 kWh pack is the largest we lease and it is the only car here that will do Austin to Big Bend with one stop.
Best for: Six or seven people, car seats in the second row, and long Texas distances
Depreciation is the adjusted cap minus the residual, divided by 39. Rent charge is the adjusted cap plus the residual, multiplied by the money factor. All figures are samples. Offer expires October 31, 2026.
Every 2,500 miles you add to the allowance takes residual points off the forecast, which raises the payment. This is the same vehicle, the same 39 month term and the same money factor at all four.
| Miles a year | Residual | Sample monthly | Miles over the term | Who it suits |
|---|---|---|---|---|
| 7,500 | 57% | $613 | 24,375 | Second car, short commute, mostly in town |
| 10,000 | 55.5% | $636 | 32,500 | The default band, around 27 miles a day |
| 12,000This offer | 54% | $659 | 39,000 | A daily commute over 15 miles each way |
| 15,000 | 52% | $689 | 48,750 | Long commute, regular trips to Houston or Dallas |
Scroll the table sideways to see every column.

With all seven seats up there is 17.2 cubic feet behind the third row. That is two cabin bags, not a family's luggage, so a roof box changes the plan and costs about 8 percent of range.
The residual is the lessor's forecast of what this Ridge will be worth when you hand it back, set as a percentage of its $63,400 MSRP. Depreciation is the part you actually pay for.
61.5%
Highest residual, highest payment.
55.5%
The benchmark term.
54%
Usually the lowest payment.
48.5%
Runs past the 4 year bumper warranty.
If a question you have is not here, call and ask for a lease advisor. Nobody will read you a script.
$5,489 as a sample figure: a $4,500 capitalised cost reduction, the first monthly payment of $659, the $225 documentary fee and $105 of Texas title, registration and inspection. The $1,095 acquisition fee and $3,863 of Texas motor vehicle tax are capitalised into the payment rather than collected on the day.
Excess miles are charged at $0.25 each at turn in. This car is written on the 12,000 mile band, which gives you 39,000 miles over 39 months. Finishing 3,000 miles over would cost $750. Buying miles up front instead costs $0.16 each, but unused prepaid miles are not refunded.
At 34 kWh per 100 miles and the Austin Energy EV plan overnight rate of $0.1175 per kWh, this car costs about $0.040 a mile in electricity, or roughly $479 a year at 12,000 miles. On public DC fast charging at $0.44 per kWh the same driving costs about $1,795 a year.
Yes. The purchase option is the residual value, $34,236 on this contract, plus a purchase option fee and tax. If the market value at that point is higher than the residual, that difference is equity and it belongs to you. We check every customer's payoff against market value at around month 30 and call if there is anything in it.
With all seven seats up there is 17.2 cubic feet behind the third row. That is two cabin bags, not a family's luggage, so a roof box changes the plan and costs about 8 percent of range.
We value your privacy
We use cookies to run this site, remember your preferences and understand how it is used.Cookie policy