Is this a good deal??
12,000 mi/yr
MF .0015
MSRP - $27,105
Discount - $1725.00
Sales Price - $25,380
$2,000 down
Cap reduction- $1360.26
Pymnt - $297.61
Residual - $17,618.25
Zip Code 16803
Deal attached.
You can judge that by comparing against the Marketplace
Is it a good idea? No.
Care to give a reason or suggest a better deal?
By definition a car that’s been leased has to be replaced by something else at the end. So you’d spend $12,500 over three years on this car. Then you’d spend, say, $15,000 on the next car and before you know it you’ve spent $27,000 over six years and have little to no equity.