Year, Make, Model, and Trim:
MSRP: $ 66000
Selling Price: 62000
Monthly Payment: $ 820
Drive-Off Amount: $ 9300
Annual Mileage: 10k
Leasehackr Score: 5.6
Leasehackr Calculator Link:
I think that It’s very bad deal for me?
What can I do with this to improve?
They put 38k as price to buy after 36 months.
I think that I am a big loser and it’s hard to be bigger losser.
What should be the everage deal for this?
How much I am loosing? 15k?
How are you going to improve this if you already signed?
I would go with your last sentence, only it’s loser.
Why did you sign it if you thought it was bad?
Get the actual numbers from your lease contract and learn.
Everyone will have different opinions on what a “good” deal is for any given car. At the end of the day, it comes down to how you feel about it. Here are some Lease 101 tips that we’d recommend:
Yes, this is a very poor deal. Unfortunately, at thus point the best you can do is learn from your mistakes and study up for next time.
Enjoy the car, and learn for next time. No use getting down on yourself now.
Where is this? Do you mean Fremont, CA?
Nothing you signed it. Enjoy your GLE!
Unless he bought an F&I add that can be refunded.
Step 1: Put on your military uniform…
Lol, this is probably not going to end well.
You can be a big loser, but it’s impossible to be a big looser.
Initially they provide 7k and 1100 per month
Is your MF actually .0035?
I just need to figure out how bad it is. Feel not good right now.
7300 is down payment and 2k is fees
Then figure it out and learn. I posted a resource to help you do so.
Go enjoy the car, it’s a great car. The deal is done, no reason to look back. Learn from your mistakes in 36 months.
MF = (6900 Range Charge/ 36 month )/ (60.5k Adjusted Capitalization cost + 38k Resedual value) * 2400 = 5% , right?
ok 1% of car cost with 2k on sign off:
62k / 100 = 620 * 1.1 (for taxes) = 682 - 820 * 36 +5000 = 10500 what’s I am lost.