There were a few things in this email that made me chuckle and thought others might appreciate them. This was in response to me asking how they got such a high payment if they gave the discount they said that they did in addition to the incentives that are applicable.
I don’t have the deal structure sheet in front of me and won’t until tomorrow morning when I’m back in the office. I can speak to the money factor and confirm that the buy rate is 0.00167. Dealers mark up the rate as a source of profit. Though the buy rate is 0.00167, only employees in long standing at a dealership might be able to lease a car at the actual buy rate. I think we have 3 tenths in the rate and likely something left in the cars’ cost and that’s the difference in the numbers.
If your expectation is to lease the car as if you’re an employee, then we may be on the wrong page for you. However I’ll review things in the morning and get back to you. It may be that I’ll have to speak with the owner who is out of town until Sunday to get the best deal all the way around. I’ll do my best but there is your ideal target monthly payment and then there’s some sort of room to compromise which is often times a bit more than what you want to spend. I remind you, we are a for profit organization as I believe all capitalist enterprises are.