2017 Maserati Ghibli $544 per month $0 down (incomplete)

First and foremost I’d like to apologize for the mess I am about to post. To be clear I am not sharing a deal- I am sharing tips.

An acquaintance of mine scored the following deal in which I believe is quite a fair deal.

Warning- the deal is slightly complicated so if you’re not desperate enough for a penny squeeze please click that back button

2017 Maserati Ghibli Base Model

Current lease on her MB remaining was $420 with 8 months left (Maserati bought this out)
$3,000 down @$620 per month with 4 Payments covered.

Given the above information I can safely say her incentives were $5,760

$5,760 Incentives
$3,000 down
=$2,760 in incentives divide by 36 months which equals to $76.67 incentive per month

Her monthly is $620 - $76.67 per month = $544 per month rounded up.

This happened at the Maserati at Anaheim Hills which most LH members probably familiar with Kevin Kress over there.

There’s a love hate relationship with Kevin I’ll be honest - my conversation went something like this:

Kevin "I can honor the deal for you @Alex "

Alex: "Great! I’m not in the market for a Ghibli right now can I send over one of our LH members:

Kevin “no”

Alex: “What if she’s an Instagram Model?”

Kevin “no”

But at the end of the day I sent this IG over there and she was nice enough to give me the numbers posted above- however- she didn’t and will probably not send over the paperwork for me see the actuals. I would recommend not advertising yourself as a LH member over there (nor should you really at any dealership unless that salesperson is willing to work with us and ready to push out some cars like @chevysalesgirl over here).

I hope I did my part you guys and as always- HAPPY HACK’in and Holidays!

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I agree about not advertising as LH members. Dealers hate informed buyers. Just stick to basics without pointing all our tricks of our trade. :slight_smile:

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Act stupid when you walk into a dealership.
Once things get serious start spitting some knowledge. #Leasing101 #Hacker

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An instagram model? @Ursus why didn’t you tell us???

Is there a box to check off for “Instagram Model” on the Maserati credit app? Will she be posting photos in the trophy garage? Of the car of course…

Yes, that is under huge income potential. :slight_smile:

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Hmm… Tell you what?

About your side job :rofl:

Now you lost me completely. Am I an Instagram model?

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Anybody know a good dealer on the east coast?

Huge? Or YUGE? I’d think that finance companies would be a little leery on a car like that especially, but they might as well ride the bubble as long as they can I suppose.

I cannot seem to make sense out of the numbers in your post. I know your information is incomplete, but still I have trouble following.

Anaheim Hills’ advertised price for a base Ghibli is $467 + $4,888 down for 36/10k, or about $605 per month with zero down, and Maserati has a “Pull Ahead” program where they will pay up to 3 months of a competing lease. And this is without any negotiating and without being an Instagram model.

Are you subtracting the entire buy-out of her Mercedes lease from the cost of her Maserati lease? I guess that would make sense so long as she was able to keep the Mercedes and was capable of taking advantage of both cars at once.

What bubble? People will pay their car note before their mortgage. Has been proven time and time again. I said dow 23000 here before. I think we might see 30000 in 18 months.

Eh… The fraud and default numbers are up. There’s a lot of parallels to the mortgage crisis. Banks didn’t learn their lessons, or just don’t care because they know what the end result will be, you and me paying for them bundling crap loans, pumping residual values on these leases, giving out horrid subprime loans when they come off lease. Lather, rinse, repeat. The entire market is slightly down year over year and they are relying on incentives to move this stuff. Good for someone looking to take advantage, but possibly a mess in the somewhat near future if it does hit the fan. People pay for the car first because the repo man doesn’t need to go through foreclosure, I’ll give you that. But this bubble combined with the student loan bomb that’s approaching could be very bad.

Agree. Problems is the new ways of structuring things will cause dislocation on the market. Hope the extent is not significant or we all becoming instagram models then.

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Forget what dealerships are advertising. I’ve never exercised a pull ahead program before but it looks like you can negotiate programs as well as incentives. They aren’t limited to what the ad says.

Yes. In May, I convinced Maserati (or the dealer, not sure which) to accept a Make of car that was not listed as competitive in their pull ahead program.