I was talking to a dealership in Maryland for a 2019 Corvette Stingray 1LT for leasing 36 months/10K miles.
MSRP: $60,105
Sale Price: $51,089
Month lease $689 a month, drive off of $689.
Money Factor of .00143 and residual of 58%.
I did want an Jaguar F-Type but those sweet deals a lot of users got seem to be all gone.
Seems like a good deal. I’m due for a new lease at the end of the year. The Corvette is such an amazing car for this price tag. Please keep us updated on what you decide to do and where you end up!!
And as far as them losing that much on the car. No, I don’t believe that at all. They’ve been discounting these quite heavily off MSRP the past couple years.
Thanks, I will post the update on what type of deal I accept. Yea I noticed the corvette being discounted heavily so I decided to go for it as oppose to the F type.
Here is the offer sheet I got. Paying just the first month’s payment only makes it $661 a month. The cash down includes the first month’s pay so $1000 pays first months pay of $651.47 and the rest is cash down.