Hello, question about lease on GS 350 F-Sport
#16
Instructor
Just got a 24 month lease on the F-Sport...msrp was $58,617 (or thereabouts)...my deal was no money down, zero drive off...ended up at 23 payments of $595 (tax included), including the 5K 10K 15K and 20K services. Southern California, but this deal was matched by a few dealers. 12,000 miles per year, btw.
What is your cash price?
What is the money factor?
What is the residual %?
What is the lease acquisition fee?
#17
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I don't see money factor on the agreement, but recall that it was 0.0005 (1.2%)
Residual value was $40,445....I'm not sure if the % is based on the msrp or the Gross Capitalized Cost?
Acquisition fee was $700
Until the end of the month (at least), there is $2500 in lease cash available to the dealers.
#18
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Keyes (Van Nuys)...but was offered same in Woodland Hills and Santa Monica...Keyes had the color combination I wanted...Don't know what will happen on May 1st, but right now the lease cash, residual and money factors are incredible...I doubt it will get better next month.
#20
update on my situation,
got a dealership to give it to me 1500 down, 530 a month out the door. 12k miles i can pick either 24 or 36 month lease. And selling price the manager said 1500 below any car i pick.
I think this is the best deal i can get. They said the 2500 lease incentive will last till end of the month only.
From what i saw online they dont think the incentives will be much better next month.
got a dealership to give it to me 1500 down, 530 a month out the door. 12k miles i can pick either 24 or 36 month lease. And selling price the manager said 1500 below any car i pick.
I think this is the best deal i can get. They said the 2500 lease incentive will last till end of the month only.
From what i saw online they dont think the incentives will be much better next month.
#23
Instructor
Adj. cap cost $52,432.11
I don't see money factor on the agreement, but recall that it was 0.0005 (1.2%)
Residual value was $40,445....I'm not sure if the % is based on the msrp or the Gross Capitalized Cost?
Acquisition fee was $700
Until the end of the month (at least), there is $2500 in lease cash available to the dealers.
I don't see money factor on the agreement, but recall that it was 0.0005 (1.2%)
Residual value was $40,445....I'm not sure if the % is based on the msrp or the Gross Capitalized Cost?
Acquisition fee was $700
Until the end of the month (at least), there is $2500 in lease cash available to the dealers.
Residual is based upon MSRP and at 69% after 2 yrs, it's also good.
Acquisition fee is steep but fair.
What was the cash price?
#24
Instructor
update on my situation,
got a dealership to give it to me 1500 down, 530 a month out the door. 12k miles i can pick either 24 or 36 month lease. And selling price the manager said 1500 below any car i pick.
I think this is the best deal i can get. They said the 2500 lease incentive will last till end of the month only.
From what i saw online they dont think the incentives will be much better next month.
got a dealership to give it to me 1500 down, 530 a month out the door. 12k miles i can pick either 24 or 36 month lease. And selling price the manager said 1500 below any car i pick.
I think this is the best deal i can get. They said the 2500 lease incentive will last till end of the month only.
From what i saw online they dont think the incentives will be much better next month.
Would you put $1500 down on an apartment to reduce your monthly rent?
#25
#26
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I would recommend that you not do any drive off of any sort...it makes it way easier to compare leases (and I have always done it that way...for my deal I simply tried to see how low I could get the 23 payments...since the first month is "covered" by the zero drive off). $595 for 23 months (tax included) was the best deal that I could get for the F-Sport. When a few dealers start balking at your offer, you know that you are pretty close to the dealer's bottom line. Start negotiating from $595...tomorrow is the last day of the month...congrats if you can beat my deal!!
#27
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The "Agreed upon Value of the Vehicle" was $52,957.84....to this is added the acquisition cost of $700, minus the capitalized cost reduction of around $1225 to come up with the adjusted capitalized cost.
#28
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I would recommend that you not do any drive off of any sort...it makes it way easier to compare leases (and I have always done it that way...for my deal I simply tried to see how low I could get the 23 payments...since the first month is "covered" by the zero drive off). $595 for 23 months (tax included) was the best deal that I could get for the F-Sport. When a few dealers start balking at your offer, you know that you are pretty close to the dealer's bottom line. Start negotiating from $595...tomorrow is the last day of the month...congrats if you can beat my deal!!
#30
Instructor