I know this isn’t a great post, but i have been reaching out to dealerships on Toyota Corolla Hatch SE, Honda Civic Sport, and Mazda 3’s and have been getting quotes back at around $300-330. I like in 60025 and the leases were 36/12. Due to supply issues dealers wont seem to budge. Is now a bad time to lease? Are there other cars I should be looking at in this range? I have looked through LH, but most cars are higher end that are being posted. Appreciate everyone’s help.
My sister just leased a civic hatch about a month ago in zip code 60030 for $280/month with just 1st months payment + dealer fees DAS. 36/12, MSRP of ~$24k. She really liked the Mazda3 as well but the dealer was unwilling to budge. Also the Civic seems to have a higher residual than the Mazda3 and Corolla so that helps as well.
Not an amazing deal but given the current climate it fit her needs.
That sounds like a good deal! I know Chicago leases tax differently, but every dealership has come back with around $325 for that car, and seem unwilling to budge when I try to negotiate.
It sounds like you are asking the dealers to answer your inquiries with monthly payment figures? Dealers will pad the numbers with profit when you ask that way.
To get the best deal, you need to directly ask for discounts before any manufacturer incentives, and compare the discounts from the different dealers yourself. Use the lease calculator with the residual value and buy-rate money factor to calculate the payments yourself. This is how you will put together excellent deals.