Were you able to go to calculator and input proper term/RV/base MF along with price you want to pay? That should give you a payment you can compare…
Out of curiosity, how do you negotiate? Say ‘less, less, less’? You should know what kind of payment is achievable via work done on the calc and strive for it.
Yes, I actually did say less but I know based on the calculator that it was reasonable. I think another big thing is that it has to be ordered and they know that they are selling(leasing) the car regardless and willing to go down on it
What was your target payment you calculated? Post the calc.
When you can own the car in less than two of these leases, why would you?
You’d have 8-10k equity
Vs
Nothing but a bill for disposition and any excess wear
Wrong…this doesn’t give you a target payment to shoot for…put MSRP as selling price and where did you get your RV and MF? You should get from here: 2022 Subaru Crosstrek Lease Deals and Prices — Car Forums at Edmunds.com
financially, i don’t really have the money to put out for a down payment and i don’t have the financial freedom of a higher monthly payment than what is being offered now on top of my student loans, insurance, saving to move out, etc.
Honestly then pick a cheaper car.
Yep buy an older reliable beater for sub 10K. If he really doesn’t put the effort into truly understanding leasing and the parameters involved he is gonna get taken to the cleaners. Best to find a broker if hell bent on leasing something then.
i’m asking questions because i’m young and don’t really have other guidance. there’s no need to be rude about the situation
I am definitely considering it, I was just curious about this deal. this was the first place i went, i am definitely still looking.
i also didn’t take the deal, i’m trying to learn
Not rude just trying to save you a lot of money you apparently don’t have. Real world is a lot tougher than this board. Educate yourself. Google leasing 101, etc. Plenty of resources to study.
Redo and post the calc using MSRP as selling with correct term/RV/MF from Edmunds. Learn/google all components of the calc and really understand it. So many people come to this board and want strangers to tell them good deal or not and run all the numbers for them. You will learn and know if you work the calc. It isn’t rocket science.
A good deal these days is MSRP and base MF and as most have said leasing now is horrible due to high MFs and lower residuals.
Buy a beater with a family or friend’s help.
If what you posted above is true, then you are about to commit the classic blunder of going over your head for a nice car. At your stage of life a car is to get you from place A to place B without dying, and any car you pick should have a low payment. Don’t let the car rule your budget. Find a car for your budget. Right now, there is almost zero new cars that fit that budget, hence why you should look at something like a 6 year old Hyundai that still has 4 years left on it’s warranty.
Yes it’s not an exciting car, but it’s a car that will not send you to the poorhouse to impress your friends or satisfy your want for a new car.
If you do insist on a new car, the Toyota Tacoma is sub $300 for you.
Also a significant number of new grads don’t have the credit history to lease at tier 1 so your MF might even be worse depending on your situation. Cheap car until you build your income with your first big job is the smart move
i mean i have a beater now, it’s just on the fritz. i have been working at my current job now for almost a year, i might just keep what i have until it’s dead
A financed Kia Seltos LX AWD comes to around the same down and monthly payment
Did they run your credit OP or that’s the credit score you see on your end, like in an app, etc?
In October (I believe) when I was looking into leasing an SUV.
For Subaru Premium Trim, I was offered $375 per month (including tax) with $375 DAS.
36 months / 12k.
MF = 0.0016
MSRP = 26497
Sale Price = 27070
65% residual.
I do not remember if it was 2021 or 2022. I didn’t go for it.