This is a lease transfer opportunity. I bought this car for my wife (figuring it was a great deal and would enjoy it too) but she did not want it because there were some new recurring expenses and drops in salary that I did not anticipate. Essentially, it puts is into tremendous financial strain.
Year, Make, Model, and Trim: 2017 Maserati Granturismo Sport
MSRP: [$142,950]
Selling Price: [$104,000]
Rebates: [$2000- Maserati credit for old lease, $2000 dealer cash, $2000 down by me for tax title registration first month]
Current payments: $1045 monthly
Additional: Tire and rim protection package included
Months: [38]
Annual Mileage: [7,500]
Current mileage: 130 miles
I am asking someone to assume this lease from Chase bank.
I am going to see if the dealer will buy it back (unlikely).
I ask for $2000 back, I will pay lease transfer app if approved.
I would say given that Chase doesnât allow lease transfers, this post is educational (about the pitfalls of deals on ultra luxury cars [Maybach, NSX etc]) but moot (since there is no transfer).
I have learned my lesson and lease deal or no lease deal, I will be sticking to the 50k MSRP cars
Oh no!
Jon Is right (thank you) and Iâm sorry to waste everyoneâs time.
I just s/w Chase- they said it would only be a lease to loan at a worse rate Iâm sure. Wow, dealer straight lied to me.
Just spoke with the dealer.
They will buyback for $84,000 (sale price for lease was $104,000) requiring me to cut a check for $20,000 (cannot do that) versus keeping the car for 39 months ($40,000).
Is the lease actually through Chase? I looked at Maseratiâs in October and I confirmed that if it was lease through Chase but the servicer is âMaserati Capital USAâ, it DOES allow lease transfers. (https://www.chase.com/personal/auto-loans/maserati).
Iâm located in the DC area and am very interested if we can double check on this. Iâm already approved from Maserati Capital @ $1000/month, but they wouldnât approve me of anything more than that (Not sure whyâŚ800+ credit score, more than enough income). Their reasoning was that I have never had any big recurring expenses except for my current MBFS payments ($1005/month).
If you look now, many dealers have already started their descent in pricing. And ascent in incentives. Miller motor cars in Greenwich, CT and Masersti of the Main Line in Wayne, PA have historically been aggressive.
I highly recommend it! Itâs been a blast (especially once my wife forgave me)
Itâs a wonderful DD!
