I remember when you signed this! Great deal - but keep in mind that you will stay liable on the lease. For such an expensive vehicle, that’s a big risk
Thanks Jananth- yeah it sucks to get rid of it. I have a broken heart to heal. Realistically anyone who has the means to take it over isn’t gonna take the risk and screw their credit up…hopefully. Lol
$17K of equity in the original trade plus the original down payment of $30K. The residual will put you significantly below market value. Do the math- it’s pretty crazy (in a positive way) message me with any other questions.
2017s are going for a range from 125k to 175k. This will be 143 plus 30 plus about 20 for payments and totals 193. Either way good luck with the transfer.
Exactly. Math is hard. If this has positive equity in a good way, then trade it or sell it. Why should a person want to pay 55k to lease it before they buy it? Any person who takes those terms needs to post it in worst lease ever.
Before you decide to be abrasive and rude remember two things:
nobody asked you to hang out in this thread and be rude. If you don’t like it then move on.
to directly answer your question, I’ll pose another question. Why would anyone spend any money on a lease to only return the car? ANSWER: TO DRIVE A MORE EXPENSIVE CAR THEY CAN’T AFFORD AT A CHEAPER PRICE.
Your entire question can be for the entire auto leasing business!
We know if you went into Audi right now and they have a brand new R8 and said, “Hey it’s $1374 a month with 15K down…” that people aren’t going to heckle at it.
It’s a $200K car at sticker for the price of GLC63 or M6. So please get over yourself and your ridiculous insults and move on!
It’s a lease! All leases suck if you don’t buy them because it’s money pissed away.
This lease would give you a pretty high score on the calculate given the terms I mentioned. So please if you don’t have anything remotely intelligent to add then leave