Hi There,
I received the following 2024 Tonale lease deal and want to know if this seems like a good deal:
MSRP: 51,290
Lease term: 36 months
Miles: 10k / year
Residual: 57%
Residual: 29,235
MF: 0.00322625
Total rebates: 8,500
Additional cap cost reduction (down payment): 2,000
Selling price: 45,699
Lease through: Ally
Location: NY (8.375% tax rate)
Monthly: $481
How did I do? Is this a good deal?
MF? Residual? Selling price?
Enjoy your new car! Post a pic in the Trophy Garage.
Most people won’t be able to give you feedback based on the limited info you’ve posted.
Beyond the questions above, we also don’t know your tax rate or your state’s registration/title fees on this vehicle, or the incentives you received (or were eligible for), or what other fees or charges were involved.
Instinct alone says this is high based on the implication that you decided to move forward based on the payment amount alone, but that’s also obviously an assumption.
If you post complete details (or ideally a calculator link) you will get more useful input.
Is it Ally or Chrysler Capital bank?
Do you have $1k of Conquest or loyalty included?
Is it NY dealer? If Yes, Ddd they include $500 NY clean rebate?
Also based on Marketplace here it is like $50/m cheaper to go with 24 months lease
Details have been updated
Details have been updated – please see above
if you’re in NY look at @aronchi 's Tonale lease options to compare
how much is DAS? $2k plus first payment?
That’s correct – $2,481 DAS
$50/m less. This is what You can get from Aronchi for simialar car for 24 months lease and 10k miles a year.
Let’s compare apples to apples; the cash outflow is $50 less, but the effective cost is $527, while mine is $544, which is a $17 increase. My dealer actually offered me the 24 month for $520, but I didn’t want to deal with having to re-negotiate a new lease only 2 years later.
This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.