How does everyone get a cheap lease with not much money down?
11-16-2012, 04:13 PM
#16
My $.02
Never tell a dealer you are interested in leasing.
Start getting internet quotes.
Visit the dealer for test drives
Negotiate price and options and tell them you are paying cash
Only after you get a good price inquire about leasing
I've never leased. Too complicated and costly
Telcoman
Never tell a dealer you are interested in leasing.
Start getting internet quotes.
Visit the dealer for test drives
Negotiate price and options and tell them you are paying cash
Only after you get a good price inquire about leasing
I've never leased. Too complicated and costly
Telcoman
11-16-2012, 04:37 PM
#17
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I just leased a 2012 XS - but had the VPP A Plan, so great deal on the pricing plus rebates.
My $.02 cents on the leasing - I have a 39 month lease on a MSRP $48k vehicle, $0 out of pocket, no maintenance costs (Oil changes, routine maintenance, car washes, dent/ding/windshield repair included), no concern about warranty issues, 52% residual, $425 / month.
That's the peace of mind that I have nothing to worry about in the next three + years but negotiating a buy-out or getting a brand-new lease on the next gen G.
No need for mods because the biggest upgrade to this vehicle is putting me in the drivers seat. I could put $17k into into another car over the next three years, but all I would get is a depreciated piece of junk that I would just trade in anyway.
My $.02 cents on the leasing - I have a 39 month lease on a MSRP $48k vehicle, $0 out of pocket, no maintenance costs (Oil changes, routine maintenance, car washes, dent/ding/windshield repair included), no concern about warranty issues, 52% residual, $425 / month.
That's the peace of mind that I have nothing to worry about in the next three + years but negotiating a buy-out or getting a brand-new lease on the next gen G.
No need for mods because the biggest upgrade to this vehicle is putting me in the drivers seat. I could put $17k into into another car over the next three years, but all I would get is a depreciated piece of junk that I would just trade in anyway.
11-18-2012, 03:00 PM
#18
Registered User
They should be giving these away at this point because the next generation 2014 sedan is right around the corner (spring 2013). Don't take anything less than $6k off MSRP..especially around this time of year.
Very few people actually understand how leasing works so when dealers hear you want to lease, they send you fudged numbers that just padding their profit big time on their end, hoping you won't understand what's going on. Most commonly they jack up the money factor, so you need to research on the internet what the correct MF for the month is so they can't BS you.
In addition, many of the people at the dealership don't understand leasing either (don't talk to a regular sales guy about leasing), so you have to speak with a GM or the finance manager who knows what they're talking about.
Leasing can be a very, very good deal if you negotiate correctly and play your cards right, and walk away if it isn't a good deal. There's always a dealership (out of town or not) that will be willing to play ball.
Very few people actually understand how leasing works so when dealers hear you want to lease, they send you fudged numbers that just padding their profit big time on their end, hoping you won't understand what's going on. Most commonly they jack up the money factor, so you need to research on the internet what the correct MF for the month is so they can't BS you.
In addition, many of the people at the dealership don't understand leasing either (don't talk to a regular sales guy about leasing), so you have to speak with a GM or the finance manager who knows what they're talking about.
Leasing can be a very, very good deal if you negotiate correctly and play your cards right, and walk away if it isn't a good deal. There's always a dealership (out of town or not) that will be willing to play ball.
11-18-2012, 08:25 PM
#19
They should be giving these away at this point because the next generation 2014 sedan is right around the corner (spring 2013). Don't take anything less than $6k off MSRP..especially around this time of year.
Very few people actually understand how leasing works so when dealers hear you want to lease, they send you fudged numbers that just padding their profit big time on their end, hoping you won't understand what's going on. Most commonly they jack up the money factor, so you need to research on the internet what the correct MF for the month is so they can't BS you.
In addition, many of the people at the dealership don't understand leasing either (don't talk to a regular sales guy about leasing), so you have to speak with a GM or the finance manager who knows what they're talking about.
Leasing can be a very, very good deal if you negotiate correctly and play your cards right, and walk away if it isn't a good deal. There's always a dealership (out of town or not) that will be willing to play ball.
Very few people actually understand how leasing works so when dealers hear you want to lease, they send you fudged numbers that just padding their profit big time on their end, hoping you won't understand what's going on. Most commonly they jack up the money factor, so you need to research on the internet what the correct MF for the month is so they can't BS you.
In addition, many of the people at the dealership don't understand leasing either (don't talk to a regular sales guy about leasing), so you have to speak with a GM or the finance manager who knows what they're talking about.
Leasing can be a very, very good deal if you negotiate correctly and play your cards right, and walk away if it isn't a good deal. There's always a dealership (out of town or not) that will be willing to play ball.
11-18-2012, 08:57 PM
#20
Registered User
The employee pricing is a joke..anyone can get that for the most part from a high volume dealer. I got my '11 for $8k off last year. It was end of MY but those deals can still be had depending on the dealer. USAA pricing helped but I'm sure they'll give that to most anyone if they haggle enough. My point was that no one should be buying a '13 G37 at this point with the new one around the corner, the car is aged enough as it is. If you really need a new car right now I'd go for the new 3-series or an ATS.
12-07-2012, 06:13 AM
#22
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When thinking about leasing a car, you want to avoid down payments at all costs. Because leasing a car will help you maximize your cash flow, tying up a lot of money in a lease down payment is certainly not the way to go. So, instead of making a down payment of $3000 or $4000, put that money into a separate bank account and make your higher lease payments out of that account.sell car online
Last edited by roshanill; 12-07-2012 at 06:28 AM.
01-24-2013, 10:20 PM
#23
I recently leased a 2013 G37x
Premium, Nav, Wood, 18" wheels msrp was $ 45,250.
Dealer made my last three payments about $1500.00
39 months since I prefer not doing this again for a while, 12K miles per year.
total out of pocket was about $900.00 which was first months payment and motor vehicle fees.. $471.00 a month includes taxes..
Could I have done a bit better Probably, but my payment went down vs my 09 and I got more car.. And I don't mind my dealer making a fair profit, they treat me well and that's worth a few bucks more a month, at least to me.
Premium, Nav, Wood, 18" wheels msrp was $ 45,250.
Dealer made my last three payments about $1500.00
39 months since I prefer not doing this again for a while, 12K miles per year.
total out of pocket was about $900.00 which was first months payment and motor vehicle fees.. $471.00 a month includes taxes..
Could I have done a bit better Probably, but my payment went down vs my 09 and I got more car.. And I don't mind my dealer making a fair profit, they treat me well and that's worth a few bucks more a month, at least to me.
02-10-2013, 12:58 PM
#24
multiple security deposits is the way to go.
not every dealer does them, but those who do will save you a ton of money.
it is a bit of cash you put down up front, but you get it back at the end of the lease.
not every dealer does them, but those who do will save you a ton of money.
it is a bit of cash you put down up front, but you get it back at the end of the lease.
02-10-2013, 05:43 PM
#25
Registered User
It's really about timing. The best thing to do is to pick the dealership that you either have a serious relationship with (i know my dealer manager's whole family story) and/or one that has serious stock left in their inventory as they may be eager to get rid of the cars.
Either way, play hardball and be ready to walk, and multiple times if need be.
Either way, play hardball and be ready to walk, and multiple times if need be.
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