It’s Ok deal, not so great. DAS is huge. Here in MD you could easily get 10000 miles a year and $350 DAS with $315/mo (6% MD tax factored in). And that would still be OK deal.
More than half lower than yours on the Jeep, though.
Mine was $333, and without green $7500 credit. So, here DAS is more like $9000.
DAS = DUE AT SIGNING. Which was your first month + equity. This is a fact. $7,500 <> DUE AT SIGNING when used as CCR.
Leasehacking 101.
Anyone getting EV that qualifies for rebate should cash out that $7500 lease credit and pay more monthly, so they can invest $7500 in CD and get good return on investment. It’s foolish to let that $7500 to go to waste. And, in any event, DAS in this case is $9000, not $1500 (7500+1500=9000). $1500 DAS is very large already, but $9000 DAS is atrocious.
And yet, you flatly refused the same when it was suggested to you.
But of course, it only worth to do with $7,500 and worthless with $3,400 lol
Yeah, I just realized what a bunch of fools everyone who leases EV and gets $7500 rebate applied to lease as DP is, they should cash it out instead and pay more for the lease per month. And paying $1500 on top of $7500 , or total of $9000 DAS, is just unconscionable. With that kind of DAS I would be driving my Jeep for $0/mo.
P.S. When will moderator fix the title of thread, to reflect TRUE DAS, which is $9000 in this case?
With that math, your Jeep would be $333/mo, as your das including incentives was $9008
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I think the title of this thread should be fixed, to reflect $9000 DAS.
Yes, we all know that youre trolling
Then so you are, because this is the line of your argument on parallel thread which you guys closed because I disagreed with you.
You clearly know the difference between something you bring to the deal (cash or trade) and something you don’t bring to the deal (incentives).
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Lol you’ll need someone to post MMR on a 2021 Jetta SE to see if he got “free equity” or “fake equity”.
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Inflated equity. Get the terminology correct. And it’s verified wholesale value not mmr
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Dealers and brokers fried alive, angry at Eric who signs fantastic deals, because they know they can’t match it
Well, then it’s obvious that I didn’t bring ANYTHING but $333 cash to my deal. That car was not mine, it was owned by Chrysler’s bank, I was renting the car.
You know that you brought your trade to the transaction as the trade equity was a result of them buying out your lease contract. Yes, they own the vehicle, but the trade value is for the options afforded to you by your contract. Thats what they paid the equity for.
He doesn’t, that’s the problem.