Hi all- im a car leasing newbie and think this may not be a good deal. Our family friend is the car salesperson and i felt like this would turn out better and I’m not sure if this is great (the dealership said that 2500 off the 2025 was very good). We have >750 credit. They said it was the lowest manufacturer MF option. I am trading in a financed 2022 Kona with only 5000 miles on it. They tried to lowball me on the trade in at 17000 and got it up to 18k, which i wonder if I still need to shop around for. Even with rolled in positive equity 36 months is coming out to 689. I was looking for that range maximum without anything down really.
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Do. Not. Sign. This.
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Block their number.
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Thank you- can you explain more ?
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See what your trade is worth from the highest bidder.
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Create a target deal using the LH calculator. Check Marketplace to see what discount you should be aiming for. All other inputs are mostly self explanatory or can be found using the RateFindr built into the calculator.
Thank you- i was trying to use the calculator but was getting somewhat confused by what counted as dealer vs. govt fees vs. other fees in the calculator. I think that at least gave me the MF and residual value.
If youre asking this question, the answer is “yes”.
Post your best attempt
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