Is this a good deal? They will take me out 3 months early and will cover first months payment. 36 months/12k miles a year

F sport with 56,295 msrp

 

Zero down 500 a month.

 

I'll never understand why people put money down on a lease? If you plan on buying it when the lease is up, then yes. Then again, are there any advantages to leasing a car?

Either way, good luck! I'm sure it's beautiful.

 

I think the reason why people put money down on a lease is because they don't like seeing that large monthly payment when they put 0 down. But logically when they put money down if you divide it by the term of the lease comes out to be same thing. IMO.

Also, one of my mates that works at Infiniti Financial told me that people put down most of the time because they are not sure enough if they will get approved for the car lease (Credit/income wise) so they put money down to lower the monthly payment and the bank sees that as a good thing because the risk is low on not being able to pay back or if they dont pay for the car they will lose the down payment + the bank will repo the car. So its a win win situation for the bank if they accept the person leasing vehicle.

 

Just remember ur down payment goes up in flames if ur car gets totaled and u have to sign a new deal.

 

Very true thats the problem with putting down on a lease.

 

No down payment. That is a crazy low monthly price compared to when I got mine even at a little over $500

 

IMO people get confused with putting money down and out of pocket. It's not "ok" to put money down, but it's more than acceptable to pay some money out of pocket for the acquisition fee and such. However I fee like the dealer could manipulate where the funds are actually going?

 

What is the selling price, MF and residual? Also there is 4K dealer cash available for leases.
IN GA, you have to pay taxes up front on the price of the car and I have had quotes of $560 a month with taxes rolled in.
Since you are in FL, you pay taxes on the usage. High 400s would be a good payment

 

You can probably get it lower. Do you know the MF, residual, and selling price? Also there is 4K dealer cash on the GS350s.

 

All the fees should be covered by the incentives and bonus cash. If u still have to pay out of pocket that means u got played. I think u can get one for nothing out of pocket and in the low $500 now.

But bringing negative equity to the table is a different story though, depending on how much u owe u may have to put some money down.

 

Just picked up mine couple of days back. Love the luxury and the power!!

 

i never understand this point, wouldn't it work the same way with financing a car?

 

When ur financing a car, it will be urs at the end but when ur leasing the car goes back to TFS bank. The more down payment u put when financing helps u pay off the car faster, where on leasing u don't get anything after the lease is over and u return the car.

The total lease price is already set before u sign the deal. Any money put down will just play ur monthly payments but the total payment will be the same. Say u put 2K down on a 36 month lease, that will take $50 less on the monthly payment because u already paid it upfront. It's better to keep the money in ur bank and just pay the higher monthly payment, so if something happens mid-lease ur not out $2K right off the bat.

 

What about MSDs? Isn't that money returned at lease end? Seems like that is the best thing to do. Then when they give you money back, just keep rolling that into MSDs... At least I think that is my plan going forward.