antGTO

Dealer got a '11 6MT, Graphite Shadow for me while it was in production. On track to come in on 22 April (trying to pick it up that Saturday). It's got a trunk mat, and the black grille. He says the MSRP is 44,300 IIRC.

I'm going to lease. I want to put 3-4k down (39/36 mo. lease, 10k mi/year). What would be ballpark numbers for a:

a)great deal
b)average deal
c)ripoff


Thanks for any advice folks. I'm really excited but don't want to get shafted.

kchu221

iTrader: (4)

that msrp is a rip off... yo can get the car for atleast 500 to 1000 under invoice for a 2011 6mt coupe, but it depends where youre located too

antGTO

I was thinking that. Im hoping to at LEAST get the lease on the invoice price. Hell, I'll email my salesman with all these threads of people getting steals. Not asking for much, just something CLOSE to what some of these folks get.

I'm in southern Mississippi (for now)

bluedevils95

iTrader: (2)

44k+!!! Your getting ripped off! If you want to least it i think there is no money down! I am not sure about that. But that 44k is too much. No deal!!!

P Casey

iTrader: (13)

I dunno, that trunk mat really sounds good.

breftayka

iTrader: (13)

^Lol.
Good job on researching before buying! Sticker price is indeed 44k, but Truecar.com says your target should be 41500. Less than $40k is possible and would be a great deal. Average price paid nationwide is around 40500. That is for the 11 6mt.

antGTO

Thanks, this helps.

I can apply the same logic of buying to leasing (as far as arguing price) correct? In the end, the lease is based on what the agreed to price of the car is. (and percentage rate, mileage, residual, etc) Am I wrong?

drshamski

You really have to figure out the numbers for yourself... Take the Invoice price of the car... Are you going to put down fees or roll them in. With this car I would factor 595 IFS bank fee, 200-300 doc fee (negotiable and varies by part of country you are in, 250 DMV (3 year registration up front in nj). some tire tax for 7.50 and a few other dollars. If you roll all those in then you take your invoice price (hoping the dealer sells you the car at that price) and add up the other fees to come up with your CAP Cost. Multiply MSRP(not selling price) by residual percentage to come up with your residual.

(Cap Cost - Residual) / term of lease = depreciation part of payment

(Cap Cost + Residual) x Money Factor (publised by IFS) = Interest part of payment


Depreciation part of payment + Interest Part = Monthly payment

Multiply Monthly payment x tax for your your state to get your final payment



All this is spelled out on multiple lease sites and this site too under the stickies I think.. Just thought I would try and help by posting it to your reply cause i am unsure you did your research..

antGTO

^^^Granted, the calculations are out there, and I had a decent idea of how the lease final number is computed. Thanks for summarizing it though...

However, I'm interested in what would be a reasonable monthly payment assuming say, 3000-4000 out the door on the day of delivery. I'm hoping I can be under 400.

Anyone can run numbers, but what people are paying in real life is what matters to me.

Doggy

iTrader: (12)

I wouldn't pay more than 427 a month

drshamski

Thats what ppl are paying is invoice at most... many are even below that...

antGTO

dealer says 474 mo (with tax) with 3500 out the door (inc first payment etc). Curiously, he says the money factor is .00199, which is NOT what the ridewithg.com number is of .00149.

I told him I'm trying to be at 400/mo with tax.

Any input?