Please include monthly payment or selling price in the TITLE.
Year, Make, Model, and Trim: 2024 Lambo Urus S
Location: Nashville, TN
MSRP: $294,528
Monthly payment (pre-tax): $38,000 total for entire lease term of 10 months remaining, I paid $48,000 appx total for 12 months.
Effective monthly payment (if incentive is provided):
Current mileage: 676
Maturity mileage: 2748
Effective miles per month: 207
Maturity date: Nov 12, 2025
MSD due (if any): $0
Cash due (if any): $38,000
Incentive for new lessee (if any):
Financial institution: Lamborghini Financial
Transfer fee: not sure
Out-of-state transfer allowed (yes/no): yes
Vehicle condition (accidents, tire wear, etc.), options, and other details:
Car is like brand new, only modifications after factory are XPEL ceramic coating applied after professional detail and window tint on front windows
So the OP will be out 10K and has driven the car for 628 miles? This $16 per mile is by far the most expensive cost per mile I recall seeing on Leasehackr.
Yeah not many examples of exotic cars on here around $300k MSRP and not really a relative comparison when looking at cost per mile on exotic vs common cars. If you rule out the 3 years of Covid on these type cars, and assume we are back to a normal depreciating market, this is about as cheap of an example you’ll find to own a $300k car new for its first year with little no to no risk.
Yes , agreed
Makes it feasible for someone to drive this more than contracted for and bring the cost per mile down. Hard to drive any $300k for a reasonable cost per mile, regardless of lease or purchase/finance
I currently pay $180 a month for the car with Erie.
I am 48 with 6 cars on the policy with no points, and it’s combined with my home owners policy.
Hope that helps
Damn! I’M MORE IMPRESSED WITH THE INSURANCE PAYMENT THAN THE LEASE DEAL!!
Thats a smoking deal on insurance. I also use Erie. By far cheaper than any insurance companies I’ve ever looked into.
I pay 160 a month 3 cars and home. M3, X5M and A8 41yrs old. I thought I had the best deal going but your 1 car is worth what i paid for all 3 of mine. 0 points until last week unless they dont find out for a speeding ticket from a different state.