Rate my lease
Lexus Test Driver
Joined: Jul 2009
Posts: 1,193
Likes: 24
From: CA
No, I've just leased 4 cars from the dealer. The sales and service guys/guys treat me great. They have always given me great service and I'm willing to pay for that. I just ask they they make a little bit of money, a bunch of times. I don't get into invoices and stuff. I just ask that they show me a fair discount and treat me good after the sale. It sure make care buying/servicing a whole lot more fun. Good luck bottom feeding.
With the attitude you have, I'm not sure you are going to enjoy this forum and the people who participate in it.
Best of luck to you.
Driver School Candidate
Joined: Jun 2015
Posts: 27
Likes: 0
From: NH
Bad deal. Here's why.
Without your down payment, your payment should be $437/month with MF of .0006 ($403+$34interest)
With your down payment, $271/month ($237+$34interest)
How?
So w/o dp, your depreciation of 36months is $43,664adjustedprice-$29,145residual= $14518 then /36= $403+34interest= $437
W/ dp, it would be $14518-$6000= $8518/36= $237+$34interest=$271
In my view, they're pretty much ripping you off big time and taking all your 6k. Because first, with your credit score and putting down a total of 9 MSDs, you will bring your MF to .00001 which means you pretty much will pay less than $1 of interest. That's what I did. If you do this, then your payment should be $403 with no money down, just MSDs, which you will get all back. Don't put money down, use your money for MSD, as people have said. I would try to get a payment below $400, so negotiate the selling price better.
Also, tell them to cover the transport fee with the rebates, they should, cause my dealer covered all fees + first payment. Let me know if you have any questions. Good luck.
Without your down payment, your payment should be $437/month with MF of .0006 ($403+$34interest)
With your down payment, $271/month ($237+$34interest)
How?
So w/o dp, your depreciation of 36months is $43,664adjustedprice-$29,145residual= $14518 then /36= $403+34interest= $437
W/ dp, it would be $14518-$6000= $8518/36= $237+$34interest=$271
In my view, they're pretty much ripping you off big time and taking all your 6k. Because first, with your credit score and putting down a total of 9 MSDs, you will bring your MF to .00001 which means you pretty much will pay less than $1 of interest. That's what I did. If you do this, then your payment should be $403 with no money down, just MSDs, which you will get all back. Don't put money down, use your money for MSD, as people have said. I would try to get a payment below $400, so negotiate the selling price better.
Also, tell them to cover the transport fee with the rebates, they should, cause my dealer covered all fees + first payment. Let me know if you have any questions. Good luck.
Last edited by okatkiki; Jul 30, 2015 at 11:13 PM.
Lead Lap
Joined: Mar 2008
Posts: 598
Likes: 0
From: CA
Bad deal. Here's why.
Without your down payment, your payment should be $437/month with MF of .0006 ($403+$34interest)
With your down payment, $271/month ($237+$34interest)
How?
So w/o dp, your depreciation of 36months is $43,664adjustedprice-$29,145residual= $14518 then /36= $403+34interest= $437
W/ dp, it would be $14518-$6000= $8518/36= $237+$34interest=$271
In my view, they're pretty much ripping you off big time and taking all your 6k. Because first, with your credit score and putting down a total of 9 MSDs, you will bring your MF to .00001 which means you pretty much will pay less than $1 of interest. That's what I did. If you do this, then your payment should be $403 with no money down, just MSDs, which you will get all back. Don't put money down, use your money for MSD, as people have said. I would try to get a payment below $400, so negotiate the selling price better.
Also, tell them to cover the transport fee with the rebates, they should, cause my dealer covered all fees + first payment. Let me know if you have any questions. Good luck.
Without your down payment, your payment should be $437/month with MF of .0006 ($403+$34interest)
With your down payment, $271/month ($237+$34interest)
How?
So w/o dp, your depreciation of 36months is $43,664adjustedprice-$29,145residual= $14518 then /36= $403+34interest= $437
W/ dp, it would be $14518-$6000= $8518/36= $237+$34interest=$271
In my view, they're pretty much ripping you off big time and taking all your 6k. Because first, with your credit score and putting down a total of 9 MSDs, you will bring your MF to .00001 which means you pretty much will pay less than $1 of interest. That's what I did. If you do this, then your payment should be $403 with no money down, just MSDs, which you will get all back. Don't put money down, use your money for MSD, as people have said. I would try to get a payment below $400, so negotiate the selling price better.
Also, tell them to cover the transport fee with the rebates, they should, cause my dealer covered all fees + first payment. Let me know if you have any questions. Good luck.
Bad deal. Here's why.
Without your down payment, your payment should be $437/month with MF of .0006 ($403+$34interest)
With your down payment, $271/month ($237+$34interest)
How?
So w/o dp, your depreciation of 36months is $43,664adjustedprice-$29,145residual= $14518 then /36= $403+34interest= $437
W/ dp, it would be $14518-$6000= $8518/36= $237+$34interest=$271
In my view, they're pretty much ripping you off big time and taking all your 6k. Because first, with your credit score and putting down a total of 9 MSDs, you will bring your MF to .00001 which means you pretty much will pay less than $1 of interest. That's what I did. If you do this, then your payment should be $403 with no money down, just MSDs, which you will get all back. Don't put money down, use your money for MSD, as people have said. I would try to get a payment below $400, so negotiate the selling price better.
Also, tell them to cover the transport fee with the rebates, they should, cause my dealer covered all fees + first payment. Let me know if you have any questions. Good luck.
Without your down payment, your payment should be $437/month with MF of .0006 ($403+$34interest)
With your down payment, $271/month ($237+$34interest)
How?
So w/o dp, your depreciation of 36months is $43,664adjustedprice-$29,145residual= $14518 then /36= $403+34interest= $437
W/ dp, it would be $14518-$6000= $8518/36= $237+$34interest=$271
In my view, they're pretty much ripping you off big time and taking all your 6k. Because first, with your credit score and putting down a total of 9 MSDs, you will bring your MF to .00001 which means you pretty much will pay less than $1 of interest. That's what I did. If you do this, then your payment should be $403 with no money down, just MSDs, which you will get all back. Don't put money down, use your money for MSD, as people have said. I would try to get a payment below $400, so negotiate the selling price better.
Also, tell them to cover the transport fee with the rebates, they should, cause my dealer covered all fees + first payment. Let me know if you have any questions. Good luck.
Driver School Candidate
Joined: Nov 2015
Posts: 3
Likes: 0
From: California
If so, how would one go about negotiating this?
Currently looking for a 2015 IS 350 F Sport White ext with red int. trying to get the absolute BEST deal possible with putting as little down as possible..
Or if there's a link somewhere, please link me to anything worth reading. Thanks!
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