I think at the time I bought, the residual for 15k was 56%. I know since yesterday, 9/6, the lease cash has remained at $2000, but the MF went up to .00100 or 2.4%. You have to assume that the residuals went down unless they change quarterly, therefore they wouldn’t change until the end of September.
61% residual on a 2017 at 15k?
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@BanjiM just needs to lay out all the info at once. It slows down the process so much by just asking for sales price, then asking for breakdown, then asking for more detailed breakdown, then asking to apply max MSDs, then blah blah blah. I thought she needed to close today?
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I’m interested in this Rx 350 deal . I have tier 1 credit, Can do max 9 msd’s , need 36 months 15k per year. I’m in SOCAL. Crown lexus Ontario or Longo will work.
YOU ARE RIGHT, i JUST CONFIRMED THAT
Almost there … What figures did you use? I offered this as final offer. They responded
We seem to be having the same discount , payments should be very close. Can you send me a breakdown of that lease proposition so I can present it to my manager to earn your business here.
I haven’t been able to replicate this.
Well I’m doing what people advised. They say work out the purchase price first then ask for a quote with zero down . I make my offer one they give me their quote .
Ok I didn’t purchase the car yet…
I told them I have 440/mo w taxes $ 925 drive off $ 4, 050 in MSD Final offer …
they came back with : I just ran the same scenario and I cannot match that deal. I am around 500 a month with the same moneys down and the 4k MSD. That is a great deal.
I’m standing my ground and was complaining about the fact that I have to go up in insurance premiums and have to buy other packages on top of it… we’re currently at about a $3,000 difference for 36/15k. I can hop down to 12,000 miles but then I don’t want to put 925 out my pocket.
Tell me my next move… I called this morning … I anticipate a call back soon. Go
The 440 deal we have here are for 36/10. So for 440 with taxes and 36/15 is going to be a great deal. (since the 5k miles generally adds around $40 to the payment)
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Call a broker…
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I think the residual is 54% for awd base and 55% for awd fsport
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a guy told me yesterday 56%
For 12k/yr or 15k/yr?
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It was for 15k in Northbrough
I think 56% RV is for 12k. Seems like buyrate MF dropped to .00055 for Sept.
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Hot off the press Sharon reports With September Programs the Money Factor used is 0.00055 and the Residual for 36 months is 54%. Yesterday in Springfield Internet mgr said it was .00041.
Buyer beware these guys are quoting ppl random ones.
try watertown…sometimes they are willing to negotiate the most.
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Yes that is going to hurt. Big difference between 61% or 58% and 54% residual.
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Went to Lexus in Hingham
I pick it up next week
I might consider dropping the Ding Shield .
MSRP: 52,605
Gross Cap Cost 48134
Cap Cost reduction : 3178.23
Adjusted Cap cost : 45830
Residual Value : 29,458.80
Depreciation : 16371.97
Rent Charge : 54.47
Total Base Monthly Payments: 16426.44
Monthly Sales Tax : 28.52
Total mo payment : 484.81
Ding Shield 695.00
TFS Excess Wear and Use 875.00
Rebates: 2000
First month payment : 484.81
MSD: 3500
Money down : 2250
Weren’t the other deals better than this?
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