Lease deal...opinions please?
01-04-15, 01:23 AM
#1
Driver School Candidate
Thread Starter
Lease deal...opinions please?
MSRP: $57,260
FSport
Blind Spot Monitor
Intuitive Park Assist
ML Premium Sound
Trunk Mat, Cargo Net, Wheel Locks, Bump App
Handling
Selling Price: $53,500
Residual: 65%
$0 down payment
$525/mo
36/mo
10,000mi/year
Thoughts please? TIA
FSport
Blind Spot Monitor
Intuitive Park Assist
ML Premium Sound
Trunk Mat, Cargo Net, Wheel Locks, Bump App
Handling
Selling Price: $53,500
Residual: 65%
$0 down payment
$525/mo
36/mo
10,000mi/year
Thoughts please? TIA
Last edited by sandyeggo; 01-04-15 at 07:22 AM.
01-04-15, 07:22 AM
#4
Driver School Candidate
Thread Starter
01-04-15, 09:12 AM
#5
Lexus Champion
$525 + tax or tax included?
Dealers might not be as aggressive now on giving great deals now since it is a start of the new year and December to Remember ends tomorrow.
Dealers might not be as aggressive now on giving great deals now since it is a start of the new year and December to Remember ends tomorrow.
01-04-15, 09:44 AM
#7
Lexus Champion
You could probably get it much lower (below $500), especially since you're only allowed 10K miles/year. Might want to try Internet sales of other local dealers to see if they can beat it, and present it to your current dealer when they do. Put some pressure on them!
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01-04-15, 11:00 AM
#8
Driver
Join Date: Aug 2005
Location: nc
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Looks like a pretty good deal to me.
I don't know what the tax part of the equation is, but even if was zero tax, I calculated the money factor was around .0008, which is about 1.9% APR. Tax will lower this amount. 65% residual is also pretty high.
For all those who don't think this is a good deal, please let us know the money factor, capitalized cost and residual is for your deal.
Don't play the salesperson's game by looking at only monthly payments.
I don't know what the tax part of the equation is, but even if was zero tax, I calculated the money factor was around .0008, which is about 1.9% APR. Tax will lower this amount. 65% residual is also pretty high.
For all those who don't think this is a good deal, please let us know the money factor, capitalized cost and residual is for your deal.
Don't play the salesperson's game by looking at only monthly payments.
01-04-15, 12:44 PM
#9
Lead Lap
Are they waiving your fees and taxes as well ? I personally think i got a awesome deal. This is the deal I got , hopefully it can help. Im in Los Angeles.
2014 GS 350 RWD
MSRP $51,350
$0 down , $0 taxes and license, sign and drive 459 / mo. tax included.
You would be pying $ 65 a month more. 65 x 36= $2340, which brings up close to your MSRP. So If you can get them to waive the license and taxes, I say its a good deal, plus or minus $10, which who cares.
2014 GS 350 RWD
MSRP $51,350
$0 down , $0 taxes and license, sign and drive 459 / mo. tax included.
You would be pying $ 65 a month more. 65 x 36= $2340, which brings up close to your MSRP. So If you can get them to waive the license and taxes, I say its a good deal, plus or minus $10, which who cares.
Last edited by PirelliRC; 01-04-15 at 01:03 PM.
01-06-15, 07:49 AM
#10
Driver School Candidate
Thread Starter
Welp...I pulled the trigger on a different FSport...
No ML, no BSM, no IPA...MSPR was $55,xxx, got it for $50,xxx....
I was legitimately about even (imo) on my trade even at good value BB, but they gave me fair value. So had to kick in $1500 for $500/mo, tax/lic included.
I figured $1,500 for $500/mo was good enough for me...
yay!
No ML, no BSM, no IPA...MSPR was $55,xxx, got it for $50,xxx....
I was legitimately about even (imo) on my trade even at good value BB, but they gave me fair value. So had to kick in $1500 for $500/mo, tax/lic included.
I figured $1,500 for $500/mo was good enough for me...
yay!
01-08-15, 10:32 AM
#13
Thanks for the pic.. and enjoy your GS
Who did you work with? Randy?
