Hi all,
This is my first time leasing. I’m in DFW and going through D&M Leasing. Thoughts on this deal? Note: I have Tier 2 credit. Thank you.
48m/12k w/ tax credit and 60-day deferral
$25,894 Net Capitalized Cost
$24,649 Vehicle price
$1095 Acquisition Fee (I’m asking the broker about this since the Mazda acquisition fee is $650)
$150 Documentary Fee
$0 Sales Tax ($1396.81 waived)
$185 Texas title/registration (paid upfront)
RV: 43.8%
MF: .00177
DAS: $185.50
Monthly: $390
If this is a horrible deal, please help.
This looks like a horrible deal
max_g
May 18, 2021, 11:42pm
4
Just get a Corolla or Camry from
Mid-month Update:
Tax Credit is Back: Corollas, Camrys, and Highlanders!
I will be aggressive from Monday thru Wednesday next week!
Spreadsheet had been updated!
5 Likes
Did you do any math at all with this one? You’d be paying 76% of the sales price and then have nothing to show at the end. One extra year on a loan and you could nearly purchase it for what you’d pay for this lease.
1 Like
Erick
May 19, 2021, 12:00am
6
Bad deal my man. Mazda deals aren’t looking good as far as I’ve seen. I would either hold off or get something that is currently leasing better. Toyota’s seem to be leasing well right now
1 Like
D&M is predator lender. Don’t do that.
Let me help you! DM me.
2 Likes
Even for Tier-2, this is oof
Work with a broker or dealer here, look for tax credits (lol), do NOT even grind on this, walk away.
2 Likes
I am trying to work with him! Haha
2 Likes
system
Closed
July 18, 2021, 12:26am
10
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