Deal or not
07-25-15, 10:45 PM
Pole Position
Thread Starter
Join Date: Sep 2014
Location: CA
Posts: 308
Likes: 0
Deal or not
Non F-Sport
36 mo / 12k mi
MSRP $53,275
Sale $48,600
$0 down
$500/mo inc tax.
Should I sign the dotted line?
07-26-15, 04:15 AM
Driver School Candidate
Join Date: Aug 2009
Location: De
Posts: 10
Likes: 0
Received 0 Likes
on
0 Posts
Quote:
Originally Posted by
metrathon
Non F-Sport
36 mo / 12k mi
MSRP $53,275
Sale $48,600
$0 down
$500/mo inc tax.
Should I sign the dotted line?
Doesn't sound like a deal to me. What's your residual % and money factor?
07-26-15, 08:52 AM
Instructor
Join Date: Apr 2004
Location: California
Posts: 1,079
What is the invoice price?
07-26-15, 09:03 AM
Pole Position
Thread Starter
Join Date: Sep 2014
Location: CA
Posts: 308
Likes: 0
Quote:
Originally Posted by
BlueAc
Doesn't sound like a deal to me. What's your residual % and money factor?
Residual is 60%. MF .00075.
Last edited by metrathon; 07-26-15 at 10:29 AM .
07-26-15, 09:05 AM
Pole Position
Thread Starter
Join Date: Sep 2014
Location: CA
Posts: 308
Likes: 0
Quote:
Originally Posted by
faifai83
What is the invoice price?
I don't know. Why is that important?
07-26-15, 02:22 PM
Driver
Join Date: Jul 2009
Location: NY
Posts: 97
Likes: 0
This dealer is marking up the MF if they are charging .00075
The July program is
.00060 MF and 60% residual for 36mo, 12K/yr. $2300 lease cash. Complimentary 1st payment
07-26-15, 02:38 PM
Pole Position
Thread Starter
Join Date: Sep 2014
Location: CA
Posts: 308
Likes: 0
Quote:
Originally Posted by
LI IS
This dealer is marking up the MF if they are charging .00075
The July program is
.00060 MF and 60% residual for 36mo, 12K/yr. $2300 lease cash. Complimentary 1st payment
The 06 MF is valid for top tier credit right? I don't think I should be worried at 800+.
07-26-15, 05:13 PM
Driver
Join Date: Jul 2009
Location: NY
Posts: 97
Likes: 0
Quote:
Originally Posted by
metrathon
The 06 MF is valid for top tier credit right? I don't think I should be worried at 800+.
Correct Tier 1. which you clearly have.. Call them out on marking up the interest rate,, they are profiting on that
07-26-15, 05:20 PM
Lexus Test Driver
Join Date: Feb 2013
Location: California
Posts: 5,813
07-26-15, 09:56 PM
Trouble Maker
Join Date: Oct 2001
Location: *626*California
Posts: 1,855
for 500-510 a month you can easily lease a $57,685 MSRP GS350 Fsports with $0 down.
Whoever this dealership is, they are raping you!!!! DONT SIGN and shop around somewhere else.
07-26-15, 09:59 PM
Lexus Test Driver
Join Date: Feb 2013
Location: California
Posts: 5,813
Yes that's FSport territory nowadays.
07-26-15, 11:14 PM
Pole Position
Thread Starter
Join Date: Sep 2014
Location: CA
Posts: 308
Likes: 0
Quote:
Originally Posted by
ItzFilyO
Which dealer is this?
Lexus of Carlsbad.
07-26-15, 11:16 PM
Pole Position
Thread Starter
Join Date: Sep 2014
Location: CA
Posts: 308
Likes: 0
Quote:
Originally Posted by
Lexus GS3
for 500-510 a month you can easily lease a $57,685 MSRP GS350 Fsports with $0 down.
Whoever this dealership is, they are raping you!!!! DONT SIGN and shop around somewhere else.
Hahaha, and I thought I'm getting such a great deal lol.
Thanks everyone for the input, I'll be putting this on hold for now. I think I'm gonna wait for the '16 after all.
07-27-15, 12:03 AM
Lexus Test Driver
Join Date: Feb 2013
Location: California
Posts: 5,813
Quote:
Originally Posted by
metrathon
Lexus of Carlsbad.
That dealer is a super, ultra luxury dealer if I'm not mistaken, so they gotta milk their money somehow.
07-27-15, 12:16 AM
Trouble Maker
Join Date: Oct 2001
Location: *626*California
Posts: 1,855
Quote:
Originally Posted by
metrathon
Hahaha, and I thought I'm getting such a great deal lol.
Thanks everyone for the input, I'll be putting this on hold for now. I think I'm gonna wait for the '16 after all.
Don't expect to get any good Deals on the 2016 not at least 3-6 months after it comes out.