Quote:
Originally Posted by Kmish
Quote:
Originally Posted by Eli550
Lol I don't know much about MF and buy rates. What would monthly payment be with $2k out of pocket on a 36 month term with 10k miles per year assuming I got that discount and money factor / buy rate.
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Plug the residual, mf of 00182, cap cost of $89000 into a lease calculator and you will see your payment.
You can only negotiate mf and selling price/cap cost on the lease.
Residual is fixed. Payment is just the derivative of the mf, residual, lease term (months) and cap cost.
Might be helpful to become knowledgeable about buy rate and lease factor markup so you can negotiate your best lease.
Eyeballing your numbers maybe $1000 month+tax??
What is residual percentage? |
Got a price on a 2019 demo with an msrp of $110,765. The car has 3,000 miles on it (doesn't bother me it's a lease) has all the options I want and is the colors I want.
36 months 10k miles per year
$2,000 out of pocket
$1,080 monthly payment
Good deal? Do I go for this?