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I'm bouncing around the idea of trading in my 2014 is250 f sport, 10,900 miles, silver lining, light gray leather interior, with nav and blind spot monitoring and leasing or buying a 2015 is350 f sport.
Lease numbers and trade in offer are provided here -
I'm blown away by the high lease quote. I have a fair credit score (696). After I received the quote, I told the salesman I would buy the vehicle if he knocked 6k off the msrp and give me $33k for trade in. He pretty much laughed at me, came back with $500 additional off msrp and $500 extra on trade in. ($2,321 total off msrp) He claims this is $500 below invoice.
I'm bouncing around the idea of trading in my 2014 is250 f sport, 10,900 miles, silver lining, light gray leather interior, with nav and blind spot monitoring and leasing or buying a 2015 is350 f sport.
Lease numbers and trade in offer are provided here -
I'm blown away by the high lease quote. I have a fair credit score (696). After I received the quote, I told the salesman I would buy the vehicle if he knocked 6k off the msrp and give me $33k for trade in. He pretty much laughed at me, came back with $500 additional off msrp and $500 extra on trade in. ($2,321 total off msrp) He claims this is $500 below invoice.
You are gonna pay heck trying to trade in a one year old vehicle without taking a major financial bath. Your car is probably worth about $2k less than what kbb says is excellent condition trade value. Sorry for the bad news but that's the way it is.
If you are near a Carmax, get them to appraise it - they are usually pretty accurate and might even offer more than the dealer.
Looks like you're putting $4000 cash down to just makeup difference of the car you are trading in so it shouldn't have any effect on lease of newer 2015 model. The quoted payment is high.
MSRP of probably about $48k-$49k. Haggle down by asking for invoice price then say you want it $1k-$2k below invoice. Boom!
You are talking about discounts of $5K or more discount on a new 2015 model. Is it even doable right now since these just hit the lots recently? I know those kind of discounts are available for 2014.
I been lurking this thread a while reading what other people's prices are and what I should be expecting when I feel ready to make the move. However, I wasn't really able to pinpoint a price I should be expecting other than a 10% off MSRP is good? So Here is houston, I've googled three dealers and they all have the 250 F Sport for 41.9k, so what should I realistically expect to pay OTD? Mind you I'm 100% sure I qualify for the 1k cash back for recent college graduate (graduated may 2013). I'm also looking to put 20k down payment if that matters. I been reading the best time to buy cars and everywhere say mid-summer (too late for me) or end of year sale (coming up i'm assuming december). So given this how much OTD can i expect with college grad discount, end of year sale, 20k down and above average credit score around 730-740 intent to buying/financing with steady upper-mid class income. I'm expecting to pay it off 5 years or duration of warranty of the powertrain 72 month. Thanks in advance. I'm only interested in the 250 F Sport, preferably with red interior.
You are talking about discounts of $5K or more discount on a new 2015 model. Is it even doable right now since these just hit the lots recently? I know those kind of discounts are available for 2014.
Ofcourse it is possible. The car won't change in value during that span of time. It's going to go down to who wants your business more, so hit up the dealers (~100 mile radius)!
09-25-14, 11:20 AM
