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New to the Leasing game, want an '07 coupe

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Old May 28, 2007 | 05:21 PM
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NewtoHtown's Avatar
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Question New to the Leasing game, want an '07 coupe

I'm new to this forum and I just started looking at some of the previous posts and i'm definitely lost.

I'm moving to Houston in the next month and wanted to lease the '07 G35 6MT coupe. I went on Edmunds and did that whole contact dealer to get a quote thing and one dealer actually called me up. He looked up a '07 6MT coupe with premium package, Navi, and aero package and quoted me, with $1,000 down a price of $699 a month for a 12,000 mile lease, 36 month lease. I know that is an crazy price, but I didn't know how to respond to him. I asked him the price for a stock '07 6MT coupe and he said $1,000 down and $550 a month which I thought was still a little high. What kind of things should I have asked/said to him when he gave me those prices? As you can tell, this is my first real crack at this and I need some help and direction so any info will be greatly appreciated.

Thanks.
 
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Old May 28, 2007 | 05:23 PM
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wait till next month i think the coupe lease program will get a lot better. you didn't hear it from me though
 
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Old May 28, 2007 | 05:41 PM
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ask for the cap cost, residual, and money factor for the length of term and mileage you want and then you can calculate how much your monthly payments should be.

the cap cost is the selling price so you should negiotate on that and try to get it as low as possible. The best lease deals are the ones with high residuals and low money factor. shoot for no money down.
 

Last edited by abcdefGGGGGG; May 28, 2007 at 05:45 PM.
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Old May 28, 2007 | 11:26 PM
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Originally Posted by da mayor
wait till next month i think the coupe lease program will get a lot better. you didn't hear it from me though
do you still have that silver 6mt coupe on your lot?
 
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