Hello all.
I am actively shopping for a good lease deal in this crazy market. Currently am leasing a Chevy Silverado which KBB has me at about +7-8k equity. The goal is to pocket that equity and get into another lease at $0 down. I just received this quote from a Genesis dealer in the area:
MF Appears to be 0.00154; Location: Ft Lauderdale
Thoughts on this deal?
Yes, hence me deleting my post. 
I thought OP was referring to the GV70.
To the OP, can you do a LH calculator? Also, verify RV on Edmunds.
Keep in mind that GM no longer permits 3rd party lease buyouts.
RV and MF verified on edmunds. LH calculator has it comparable. I’m going to ask the dealer if there are any other incentives. Trucar has the discount being more or less in line with what the dealer is offering.
I would turn the car into either the original dealer or another GM dealer in my area. The transaction would be separate.
Edmunds should have that info. If the LH calculator confirms (and you mentioned that it does), I think it seems like a good deal.
TrueCar is the Zillow of auto pricing.
Does that mean I should try for a better deal?
I’m saying it isn’t worth much as reference point.
You can go to Credit Karma and get a credit score, but it isn’t a score anyone actually uses to process a credit application.
So people think they have 700 credit scores because the CK app on their phone said so, and then they go apply for a car loan and the finance company pulls an Auto-Enhanced FICO 9.
And it’s 625.
What good is knowing that Credit Karma thinks you’re a 700? They aren’t going to lend you any money.
Good point. I’ll shoot for more of a discount. We’ll see how it goes.
You should instead focus on finding more useful data to baseline your price so you’re targeting the right number. Might mean a bigger discount, might not.
Exactly.
Post a link to your calculator.
Accounting for new MF .00138 from edmunds forum looks like I should be shooting for $527/month with taxes.
The dealer who gave you a quote with a MF markup is unlikely to suddenly go back to buyrate.
Switch to making offers and see who bites.
Good advice. Much appreciated.
Any update on your search? I’m also in the market for the G70.
Mark ups galore for the 3.3T.
Why not take the original deal you posted about? Seemed pretty reasonable, given the current market.
