How you guys doing? Im in Anaheim, CA and Im 24 years old. I wanted to know what you guys think of my move. I ended up leasing a 2006 Ivory Pearl G35 Coupe. It has the premium package, painted splash guards, aero package and trunk mat. Total price $38,140. I ended up taking for $35,500 with 10 miles on it. It is on a 39 month lease, I only put 1k down (Didnt want to put anything at first) and my payments are $535 monthly. I also talked them into giving me 15k miles instead of 12k. My risidual price will be $21,000. I didnt get ripped did I?

Gabriel



-2006 Ivory Pearl G35 Coupe
-1999 Pontiac TransAm Ram Air

 

In case it wasnt known, it is a 6MT

Thanks

Gabriel

 

Hey Gabriel, congrats on picking up your IP G Coupe!! IP is an awesome color choice!! Also, welcome to the board.

 

i got a 06 sedan, i pay $560 and i bought it, in my opinion lease is a waste of money unless u got millions

 

good thing about lease is when your planning to change your car for a certain time...
wow, congrats man, thats a good deal...

 

leasing isnt a waste of money. unless if you dont plan on buying the car out at the end of a lease. When you buy a car doenst mean your not losing money on it also.
As soon as u drive off in it u lost at least 1g

 

Lets see...560 for 60 mos and he lease it for 39 mos at 535, so you would've paid 12750 more to "own" your sedan, as of now most of the 03 sedan for sale on autotrader in my area are asking around 18~20k other 1 1/2~2 more year of depreciations, you'd be lucky to get 13k for you sedan...not to mention we dont know how much you put as down payment, and not knowing what was MSRP on your sedan but probably its lower than 38K? and they offer much better deals on the sedans so how can one compare your monthly payment for a sedan to the coupes and come to conclusion that you got better end of the deal?

As far as, if leasing is waste of money or not? there have been plenty of disscussion on here regarding it, there is no definite yes or no when comes to leasing, it will be up to each one's situation and how one's knowledgeable about leasing.

 

Thanks for the 2 cents. I think all in all I made the decision that best suited me at the moment. Anyhow I got a G35 Coupe out of the deal and im loving it with no regrets! Thanks again.

Gabriel

 

Sounds good. i debated doing the lease of the new car, but decided i wanted to own mine and get the only color i wanted. So i bought my CB instead.

But overall it sounds good you got the car you wanted and the lease doesnt sound too bad

 

congrats..but i think ur payments are a little steep, i'm paying 415 for a an 06 5AT, with everything but navi, for a 12 month lease

 

oh yea, and i only paid taxes, first months payment and other fees up front