Hi all. Currently have two deals on the table, one new and one is a loaner. They both have roughly the same options (new cars has better rims) @$47k. The loaner has ~3500 miles.
The difference comes down to price:
New car is $370/mo with $2650 DAS + $4500 in MSDs.
The loaner is $339/mo with $1828 DAS + $4500 in MSDs.
That’s a $31 difference per month and another $800 DAS for the new car. Over the life of the lease it’s about a $1900 difference.
So what would you do if you were presented with these two options? Is it worth an extra $30 a month and $800 / $1900 over the life of the lease? What if the new car dealer came down another $10/month (which I think I can do). Would it be worth it then?
Stressing a bit over this. Need to make a decision by tomorrow morning so would appreciate any POVs.
3500 mi is as good as new, i’d take the loaner. If you can push the price on the new car you can prob push it on the loaner too. I wouldn’t pay an extra $1900 basically for nicer rims. Total waste of $ IMO.
As @28firefighter said, push for a larger discount on the loaner. Target used to be 22-25% on loaners. That one has only 3500 miles so residual reduction is minimal.
Usually the 25% off loaners have higher mileage. As far as what new is worth, only you can decide that. To me it means nothing. A car with 3500 to me is new and well worth the $1900 savings