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I think I have a deal on the Pacifica for $720. We'll see!
Hoping for your success!
Tell us all about it if you feel like it.
Originally Posted by bitkahuna
good info here...
Good golly. Lol
And that is why i've never leased.
I would get hosed so bad and be flying blind. Haha
Originally Posted by AJT123
A couple things today so far:
Ollllld 450SL
Nice find on the Vintage MB.
And btw, your sunglass holder is the perfect example how luxury cars obsess over the smallest of details.
At least, they did in the past but not sure today!
Originally Posted by link13
I must say Steve could make some good money negotiating leases on behalf of others. Of course, it doesn’t seem like he’s a man in need of a side hustle.
He's got his hustle going on now dealing with these dealers, from the looks of it. Lol
Seems like they are really making people work hard to get a normal deal these days!
Oh so and now the MB dealer is telling me I am $9k upside down on the S560...I told him thanks I will just keep it lol
I'm struggling to understand the concept of being upside down on a lease. Either it's worth more than the residual and you have the option of selling/trading it, or it isn't and you turn it in. It could have depreciated down to $100 and you still wouldn't be upside down.
I'm struggling to understand the concept of being upside down on a lease. Either it's worth more than the residual and you have the option of selling/trading it, or it isn't and you turn it in. It could have depreciated down to $100 and you still wouldn't be upside down.
You can't turn it in early. If I went all the way to the end and just turned it in it would be no issue (well I would have to pay any over mileage cost). When trading out if it you have to find the right time to do that, the payoff is the residual plus all the remaining payments. Not a big deal at all, I just need to wait a few months.
You can't turn it in early. If I went all the way to the end and just turned it in it would be no issue (well I would have to pay any over mileage cost). When trading out if it you have to find the right time to do that, the payoff is the residual plus all the remaining payments. Not a big deal at all, I just need to wait a few months.
Gotcha. Thought all of this was in the run up to your lease expiring and just switching over.
You can't turn it in early. If I went all the way to the end and just turned it in it would be no issue (well I would have to pay any over mileage cost). When trading out if it you have to find the right time to do that, the payoff is the residual plus all the remaining payments. Not a big deal at all, I just need to wait a few months.
You know though in a few months it will be different. Your pay off amount will be lower but so is your car value, aka trade in value. The math always works out in their favor. I traded mine quite often but I don't think I made any money. It's has always been upside down, just not much. Sometimes too much to consider. And if you wait to the end, as you say most likely you'll pay for extra miles. This is their business, not ours after all. We can't win them unless during C....
Wow that is a lot of money. Toyota is gonna make so much money off this model as all it is a gussied up GH
What did you think it was going to cost? The smaller RX starts at $50k and a fully loaded plug-in hybrid is $75k. Sounds like you pay a $5k premium for the larger vehicle. On the less-expensive Toyota, you pay $6500 to go from the Highlander to the GH ($36.6k to $43.1k).
I think I have a deal on the Pacifica for $720. We'll see!
Hope it works out for you as well as it has for me (thus far, knock on wood). Some of the Pinnacles are equipped with pretty crappy tires, so that's one thing to watch out for.
Hope it works out for you as well as it has for me (thus far, knock on wood). Some of the Pinnacles are equipped with pretty crappy tires, so that's one thing to watch out for.
Steve is no stranger to replacing the tires on a brand-new car.
You know though in a few months it will be different. Your pay off amount will be lower but so is your car value, aka trade in value. The math always works out in their favor. I traded mine quite often but I don't think I made any money. It's has always been upside down, just not much. Sometimes too much to consider. And if you wait to the end, as you say most likely you'll pay for extra miles. This is their business, not ours after all. We can't win them unless during C....
I never look to make any money, just to break even. The time will present itself where they can give me what the payoff is without any negative equity, always does!
At the Chrysler dealer now. We’ll see if this deal holds up. Guy is pretty clueless.
What did you think it was going to cost? The smaller RX starts at $50k and a fully loaded plug-in hybrid is $75k. Sounds like you pay a $5k premium for the larger vehicle. On the less-expensive Toyota, you pay $6500 to go from the Highlander to the GH ($36.6k to $43.1k).
Yeah nothing new about Toyota pricing. That TX price is "inline" with the rest. IMO Toyota/Lexus are expensive. It makes the other brand so cheap. Top of the line SUV starts at 79.
Pretty much the worst car buying experience ever. Threw the salesman out of the finance office after repeated attempts to bait and switch me, and his manager finally did what he agreed to do at 10:30 this morning.
Will post a full thing about it later. Should be on the road shortly.