Hello all,
Keeping it brief: I leased a Chevy Cruze last March: $1900.00 down, with $155.00 monthly payments.
I also traded in a car, but it was a junker.
How bad did I get ripped off?
There’s more details, if anyone’s interested.
Thanks in advance!
Probably need a few more details
If you want an evaluation:
We need the MSRP (sticker price):
The sale price
The gross cap cost (fees + sale price - junker)
Your mileage allotment and months.
Looks like you paid at least $1,900 too much as these were going for $150 or less with nothing down. But we need all numbers and incentives applied to know for sure. If you got a fully loaded model then maybe not bad.
Time to let go and enjoy the car. Nobody here has a time machine to unwind the deal
I appreciate the feedback, everyone.
Be brutally honest because I need to learn from this experience. I really am starting to realize I got ripped off.
Here are some numbers:
“Agreed upon value of the vehicle: $21,240.”
“Taxes”: $565.00"
“Lease acquisition fee: $595.00”
“Total Gross Capitalization Cost: $22,401”
I supposedly received $3610 in “rebates and noncash credits.”
I can buy the car for a little over $13,600.
It’s a 24 month lease with 10,000 miles per year.
EDIT: Again, the bottom line is I’m paying $155 a month and gave them a check for $1900.00 down. I just broke down some of the fees.
Hope that helps.
Thanks again!