Hello,
Long time lurker, first time poster here. This forum has convinced me to lease my next vehicle. I am in MD and we have to pay tax on the sales price.
My wife and I test drove a bunch of vehicles and we really preferred the IS300 over the 3 series, Volvo S90, and Infinity Q50.
So, I emailed a dealer who had one I liked. We have high credit scores so I think we’re likely tier 1. Here’s the info they provided me for a 12,000 mile lease:
Selling Price: $45,460
Discount: $2,150
Rebate: $3,750
Adjusted Price: $39,560
Total Purchase Price: $39,560
Admin Fee: $300
Tax: $2,616.60
Tax/License/Fees: $1,146
Net price: $43,622
Edit: They did verbally provide the residual, but would not provide it in writing.
0 down 2,500 down 5,000 down
24 Months , 907 , 794 , 681 per month
36 Months , 696 , 620 , 544 per month
12,000 miles
They wouldn’t provide me with any additional information. This offer is terrible. Do I walk or run away? Can you negotiate with a dealer who starts this high? I could lease a much better car for that price considering the deals I read here.