good deal? if i want to but
#1
good deal? if i want to buy
$35,550 2006 g35sedan
$299/month
63 month lease
5k down
.0029 money factor
leasy buy out 34% of msrp
is this a good lease?
if i intend to buy at lease end.
is this right,
"Cash Price: $35,550
TOTAL OUTLAY over 63 months (using your figures) if you lease $35,924
If you finance $30k for 60 mo at 6% you are going to pay out $34,794 plus your $5,550 down payment for a total of $40,574! And I doubt you can get a 6% car loan these days. So this lease saves you AT LEAST $4650 over the best case scenario if you purchased it on a regular contrace.+"
$299/month
63 month lease
5k down
.0029 money factor
leasy buy out 34% of msrp
is this a good lease?
if i intend to buy at lease end.
is this right,
"Cash Price: $35,550
TOTAL OUTLAY over 63 months (using your figures) if you lease $35,924
If you finance $30k for 60 mo at 6% you are going to pay out $34,794 plus your $5,550 down payment for a total of $40,574! And I doubt you can get a 6% car loan these days. So this lease saves you AT LEAST $4650 over the best case scenario if you purchased it on a regular contrace.+"
Last edited by Minarets; 06-17-2006 at 09:21 PM.
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#7
Originally Posted by Minarets
$35,550 2006 g35sedan
$299/month
63 month lease
5k down
.0029 money factor
leasy buy out 34% of msrp
is this a good lease?
if i intend to buy at lease end.
is this right,
"Cash Price: $35,550
TOTAL OUTLAY over 63 months (using your figures) if you lease $35,924
If you finance $30k for 60 mo at 6% you are going to pay out $34,794 plus your $5,550 down payment for a total of $40,574! And I doubt you can get a 6% car loan these days. So this lease saves you AT LEAST $4650 over the best case scenario if you purchased it on a regular contrace.+"
$299/month
63 month lease
5k down
.0029 money factor
leasy buy out 34% of msrp
is this a good lease?
if i intend to buy at lease end.
is this right,
"Cash Price: $35,550
TOTAL OUTLAY over 63 months (using your figures) if you lease $35,924
If you finance $30k for 60 mo at 6% you are going to pay out $34,794 plus your $5,550 down payment for a total of $40,574! And I doubt you can get a 6% car loan these days. So this lease saves you AT LEAST $4650 over the best case scenario if you purchased it on a regular contrace.+"
For it to be at 299 with those terms? the selling price would have to be around 28.5~29.5k depends on the sales tax rate.
Last edited by limeg35; 06-17-2006 at 10:01 PM.
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#8
Originally Posted by limeg35
I am sorry but that number is way off...is 35550 an MSRP price or actual "selling" price? there is no way that car with selling price of 35550 with 5k down, 34% residual, 0.0029 M/F equal to 299 per months(asumm it inculdes sales tax), I would double check those numbers again if I were you.
MSRP
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LOL f_ck that get a 05 financed on a 5-6 year loan and your payments will be around 300, then you can sell the car to buy out the loan at some point if you are ready to move on, and it will end up costing you a lot less than the lease. If you want a good credit rate find a credit union like the Portland Teacher's Credit Union they have the best interest rates if you have good credit.
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