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About To Lease A Coupe. Good Deal?

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Old Nov 26, 2005 | 04:01 PM
  #1  
Evangelo2's Avatar
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About To Lease A Coupe. Good Deal?

06 - 6mt - DG - Charcoal Leather
Nav, Premium, Aero, Rear Active Stear, Sirius Radio

2995 Up Front
527 a month for 42 months

These prices include taxes and all fees. Good deal guys? I though so after going through the numbers...

-Evangelo2
 
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Old Nov 26, 2005 | 04:15 PM
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need more details,...like residual $

JMHO...on a lease, it should be $0 down
 
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Old Nov 26, 2005 | 04:21 PM
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Thanks inTgr8r.
Residual is 57%.
MSRP is 40680.

This is New York so tax is 8.75%.
DMV fees are about 65 dollars total.
This also includes sec deposit, 1st month and all else...

-Evangelo2
 
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Old Nov 26, 2005 | 04:31 PM
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Not bad for a fully loaded 06 i say go for it.
 
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Old Nov 26, 2005 | 09:22 PM
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It looks like you are getting the car at MSRP...the sale price is 40680 and residual of 57% which is 23187, and around 2200 toward to cap. reduction adn Money factor of 0.00195(4.68%) that will get you to 527/mos for 42 mos...unless you have below avg. credit, then it is not such "great" deal, cus you are getting the car at MSRP!...Wait, maybe not ., cus there might be other fees involed, like acquisition fee which could be anyhwere from 350 to 750 and tires fee and some other paper work fees...so depend on what are all the "fees" involed, those will be your discounts from MSRP.
 

Last edited by limeg35; Nov 26, 2005 at 09:40 PM.
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Old Nov 27, 2005 | 01:04 AM
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Originally Posted by limeg35
It looks like you are getting the car at MSRP...the sale price is 40680 and residual of 57% which is 23187, and around 2200 toward to cap. reduction adn Money factor of 0.00195(4.68%) that will get you to 527/mos for 42 mos...unless you have below avg. credit, then it is not such "great" deal, cus you are getting the car at MSRP!...Wait, maybe not ., cus there might be other fees involed, like acquisition fee which could be anyhwere from 350 to 750 and tires fee and some other paper work fees...so depend on what are all the "fees" involed, those will be your discounts from MSRP.
Hey limeg35,
Yeah, the other cost are what my discount from MSRP is which is my taxes, first payment, DMV fees, Sec deposit, Acquisition fee. Credit is pretty good

-Evangelo2
 
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