Lease Offer Help

vertex · 02-20-2009, 07:46 AM

I'm a little inexperience at the whole leasing terminology, I usually purchase. But I believe the $31,000 is the "final" price so I would think that it has the cap reduction included. Basically, he's basing the lease rate on the $31k price. Also, I had the salesperson translate the money factor into the interest rate equivalent and it was about 5.5%. I'm torn here because i've been reading the prices that other forum members are paying and the deal is looking less and less favorable, this car has no package what so ever so I thought the price was too high which is the reason why I walked away.

Thank you for your help.

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02-20-2009, 07:46 AM	#4 (permalink)
vertex Base Member Join Date: Feb 2009 Location: Florida Posts: 25 Drives: 09 370Z Tour Black Rep Power: 18	I'm a little inexperience at the whole leasing terminology, I usually purchase. But I believe the $31,000 is the "final" price so I would think that it has the cap reduction included. Basically, he's basing the lease rate on the $31k price. Also, I had the salesperson translate the money factor into the interest rate equivalent and it was about 5.5%. I'm torn here because i've been reading the prices that other forum members are paying and the deal is looking less and less favorable, this car has no package what so ever so I thought the price was too high which is the reason why I walked away. Thank you for your help.