The best I have so far is
386.36/month including tax.
3 yr 10k miles
MSRP 47,525
Selling Price 40,275
RV 25663.50 (54%)
MF 0.00015
Ran this through the calculator and it gives a leasehackr score of 9.1 yr. I am just trying to see if this deal makes sense for a 2020 model. I am trying to see if I can reduce the down payment. There is a conquest deal which can reduce it by 1500 but I dont have a competing luxury vehicle. Gave up my lexus lease last year.
thoughts? is this pricing good for a 2020 model?
Having current, accurate information for residual value, money factor, and incentives is important in understanding your deal. As such, going directly to a source that has access to that data from the captive banks is your best option. The forums at Edmunds are where we go to get that information, as they have direct access to it from the captive banks. You’ll want to post in the model specific thread for the vehicle you’re interested in and request the most current numbers for your zip code. It is often easiest to find that thread by searching Google for “Edmunds lease” followed by the model of vehicle you’re interested in.
I have been trying to negotiate on the down payment but nobody is willing to budge. The lowest they are willing to do is 1500 but it bumps up the monthly
So that puts you at 8% pre-incentive. Normally I’d say there’s more room there, especially with the 22s out. Who knows with the current state of the market though.
