Thread: 2013 Peal whit w/sports package lease... offer from dealership
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Old 03-13-2013, 12:38 PM   #9 (permalink)
dP3NGU1N
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The deal is terrible, you've got to negotiate that down...

$671/mo x 48mo = $32,208 + $5k down = $37,208 + $18,563 (buy back) = $55,771 total if you decide to keep your car. What is that like almost $20k over MSRP for sport package in the US? $12k if you factor in your $8k price increase. Seems ridiculous to me.

Now I know lease agreements are sour deals anyway but you do your best not to get the shaft in the end (pardon the pun).

Quote:
Originally Posted by Luciano13 View Post
Leasing is much cheaper. If you don't plan on keeping it for 10 years+ that's a great deal. Financing would be well over $1000 month before they add the interest!! (5 year)
It's offtopic but:
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I don't know what kind of crazy planet you come from but any number of websites will break down for you how financing a car for three years and SELLING it makes a significant difference in the amount of money you spend total when compared to leasing (which is ALWAYS a bad idea for personal vehicles).

Lets say his OTD is 45,000 for a base + sport (This is based on my OTD + the 8k difference OP pointed out). If he puts 5k down like the lease says then (45,000-5000)/60mo (5yrs)= $666.67 monthly payment + whatever your APR is.

No idea where you got $1000. Even if he was at 50K for a base+sport (WHAT!?) it would still be somewhere in the neighborhood of $833/mo.

I hate people that insist that leasing is a good idea because, at best, you're delusional and actually believe the drivel you're spouting and, at worst, you're outright lying.
Last edited by dP3NGU1N; 03-13-2013 at 12:42 PM.
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