I don't understand this....
01-17-2008, 02:23 PM
#1
Registered User
Thread Starter
Join Date: Nov 2007
Posts: 144
Likes: 0
Received 0 Likes
on
0 Posts
I don't understand this....
Ok... I'm totally confused and need someones help.
Ok, this is for a journey without sport, but with premium and navi.
Told him the Altima was paid for, and i think he said he'd give me 17500 for it.
Ok, this is for a journey without sport, but with premium and navi.
Here are some lease scenarios:
$631.20 x 24 months 15,000 miles per year and you get a check back for $16,868.80
$568 x 24 months 15,000 miles per year and you get a check back for $15,500
$453 x 24 months 15,000 miles per year and you get a check back for $13,000
$590.60 x 36 months 15,000 miles per year and you get a check back for $16,909.40
$546 x 36 months 15,000 miles per year and you get a check back for $15,500
$469x 36 months 15,000 miles per year and you get a check back for $13,000
$64.62 x 36 months 15,000 miles per year this using the whole trade of $17,500 + the $500 bonus money
Let me know if you want me to run other scenarios.
$631.20 x 24 months 15,000 miles per year and you get a check back for $16,868.80
$568 x 24 months 15,000 miles per year and you get a check back for $15,500
$453 x 24 months 15,000 miles per year and you get a check back for $13,000
$590.60 x 36 months 15,000 miles per year and you get a check back for $16,909.40
$546 x 36 months 15,000 miles per year and you get a check back for $15,500
$469x 36 months 15,000 miles per year and you get a check back for $13,000
$64.62 x 36 months 15,000 miles per year this using the whole trade of $17,500 + the $500 bonus money
Let me know if you want me to run other scenarios.
Told him the Altima was paid for, and i think he said he'd give me 17500 for it.
01-17-2008, 03:38 PM
#5
Its deffinately not the value of the car after the lease.. It would be between $26-34k depending upon miles/term.
Or that could be the total price of the lease, mine was around $15 for 2years 18kmiles/year..
01-17-2008, 03:41 PM
#6
Registered User
Join Date: Dec 2007
Posts: 14
Likes: 0
Received 0 Likes
on
0 Posts
It looks like he's trading in his Altima and using a portion of the sale of that car for the upfront fees/capital cost reduction for each lease scenario. The amount back is what's left over for what the dealer is giving him for the Altima.
01-17-2008, 03:46 PM
#7
Registered User
Join Date: Sep 2007
Location: Portland, Maine
Posts: 783
Likes: 0
Received 0 Likes
on
0 Posts
Yeah. Never combine the trade-in with the lease. Deal with the lease first, then the trade-in value. The trade-in is offsetting your lease cost. Do both separately.
Trending Topics
01-17-2008, 04:51 PM
#8
Registered User
Thread Starter
Join Date: Nov 2007
Posts: 144
Likes: 0
Received 0 Likes
on
0 Posts
heres the buy out!
i would definately be getting ripped either way, and getting ripped on the trade too. they'd be makeing like 15k off of me.
The buyout for 24 months is $28,822.50 & for 36 months is $24,705. Which scenario do you prefer?
i would definately be getting ripped either way, and getting ripped on the trade too. they'd be makeing like 15k off of me.
01-17-2008, 05:07 PM
#9
Registered User
01-17-2008, 05:13 PM
#10
Registered User
Join Date: Dec 2007
Posts: 14
Likes: 0
Received 0 Likes
on
0 Posts
Assuming MSRP of $41,315 (G37 w/ prem, nav, splash guard) he seems to be using about 70% and 60% for the residual. I thought residuals posted for January lease rates were higher than that, but I could be wrong.
Tell the dealer you want to know the following to better evaluate the deal:
sales price
money factor
residual %
Then you can compare that to what others are getting to see if you're getting a good deal.
Tell the dealer you want to know the following to better evaluate the deal:
sales price
money factor
residual %
Then you can compare that to what others are getting to see if you're getting a good deal.
Thread
Thread Starter
Forum
Replies
Last Post
