Hi all! I’m new to this site and forum, but wanted your collective wisdom on this deal I was quoted via the online rep (I havent gone in in-person yet). This is a CA deal, so not sure how that impacts things but the breakdown is:
Original MSRP - $53,290
Dealer discount - $10,500
Selling price - $42,790
10K miles per year
36 month lease term
$3,000 cash down payment (confirmed this is total out of pocket, but not sure about breakdown)
$445.83 total monthly payments tax included
This is all the info I have for now. I dont have residual amount or MF. Not sure if it’s necessary to evaluate the deal. I want to know whether it’s a good deal and if not, what an aggressive but realistic deal would be on this car.
One more thing, I still have 4 payments left on my current lease and the dealer rep said it would cut a check for the amount of remaining payments, under their conquest lease pull-ahead program that’s still running. Not sure if that makes any difference here.