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Is this a good Lease Deal

Never put any money down on a lease! If you pull drive the car off the lot and it gets totaled you will loose every doller that you put down.

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Old 07-23-2012, 06:16 PM   #1 (permalink)
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Never put any money down on a lease! If you pull drive the car off the lot and it gets totaled you will loose every doller that you put down. I am curently leasing a 2012 base with sport package with 12,000 miles a year for 39 months for $420 a month and I did not put anything down. My buy out is $21,500 so I would bet that yours would be about $25,000 if you put $3000 down. Hope this helps! Ken
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Old 07-23-2012, 07:10 PM   #2 (permalink)
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Just test drove. I see why u guys like it so much. Probably going to sleep on it once they give me the details of the deal.

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Old 07-23-2012, 08:26 PM   #3 (permalink)
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Well, here is the breakdown. I think I can negotiate further but since I wanted to sleep on the deal they were hesitant to deal further tonight.

This is for a touring model with sports package. NO nav.
Vehicle Price 38363.00
Taxes and Other fees 2800.00
Total 41463.00

Residual 23500.00

These are the payments they gave me with the different amounts of money down. Obviously I wont do the 3500 down as that is paying more than the fees in money down.
1500.00 down, 452/mo
2500.00 down, 425/mo
3500.00 down, 397/mo

Let me know what you guys think about those numbers based on the purchases you have made. I would really like to be below 380/mo or so if that is realistic.
I'd also be ok with no money down and a little over 400/mo.

Last edited by ironjoe; 07-23-2012 at 08:39 PM.
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