This is the first time we’ve leased in a while, so any advice is appreciated. We are considering the 36 and 39 month programs.
I thought we had agreed with the dealer to use the base money factor, but when I enter the numbers in the calculator, the dealer numbers come out about $50/month higher.
I get $1,204/mo with 1st month due on a 39/10k term using 10% off and buy-rate, so basically, your deal is the equivalent of 10% off and buy rate.
Can you squeeze another 1%? Maybe. That said, it’s a good deal as is. Don’t worry about or negotiate the money factor, just worry about the discount. Let them get there however they want.
this “feel” like a good deal to you? just because something is 10% off and buy-rate, doesn’t mean it’s much of a deal. there are better PHEV options. the x5 PHEV leases horribly.