I spent few days in this and other forums, I know that Ford mustangs are bad for leasing and financing, and if I want one better to go with GT, BUT I drove The Ecoboost model, and that fits my needs.
I came up with some numbers, so I need your help to understand, which one is better
Car MSRP is $33,500
Selling Price is $29,485
LEASE: My monthly payment is $450 with $1000 drive off, so in 3 years I would have spent $17,200
FINANCE: If I do 5 years with 2.9APR, my monthly payment is around $540, and after 3 years I would have spent $19,440.
If I want to buy out the car for both scenarios.
LEASE - The Residual is 49%, so buying out would cost me $16,415.
FINANCE - I will have to pay the rest of 2 years, which will be $12,960.
So which option do you guys think I should go with?
Yeah really… Maybe Chevy is figuring out a way to at least on paper be competitive in the segment now. It might bite them in the rear later when they get returned, but when has that stopped any auto maker?
I drove an ecoboost with the performance package, 330 horse with a manual. I know they’re quicker on paper, but it didn’t feel any better than my 2.0 accord. I can’t remember what I was calculating for a lease on one of those, certainly more than the LT1.
Well, I drove the regular one, it was alot more quicker than my Camry 2.5L, (didn’t drive accord).
Anyway, I enjoyed the mustang the most out of WRX, Camaro, and Golf GTI.
I mean I can add 50$ and lease a Tesla lol, but I want the muscle
