Need some help as a potential first-time lessee. Last week, I reached out to 5 dealers asking for best OTD pricing and the urgency to buy by Memorial Day. I initially intended to purchase the vehicle with $5k down. Despite the pandemic, only 1 dealer seems interested he’s offered 3 choices - lease, 0% financing and 3.9%. For the lease, he’s included the $5k down that I intended for financing only. My zip MF is .00029; 54% residual & $3,500 incentives. Is it crazy to put $5k down on a lease?
Hopefully, I get some other offers in the next day or two but for this one, I’m leaning towards the lease offer. What do the hackers think?