$495/month (inc. taxes) for 48 months/10K/yr. They will do 36 months, but obviously changes the price. The 10K year is plenty for me, and I have no problem with 48 months, unless you folks think different… Through FCA.
What do you think ? Bad - Fair - Good. Seems a little high to me, but it is pretty loaded and the right color.
I see much better deals (and some worse) when I searched the forum. Seems to be where you are, and the the dealer to me.
The time for the good US Bank leases with IDL cash from FCA has passed, but just for context, a few people here got in the low to mid 300’s on a 3 year lease at that time. So if you’re not in a hurry, it might be worth waiting around to see if something better comes up.
Thank you. Mid 300’s…wow! What would you folks consider acceptable per month on a $46.5K vehicle for 48 months? And what is the 1% rule? 1% of the Cap cost per month?
@ vhooloo
Just asking, but how is it “terrible”? Lease calculator on this site shows it actually low for the parameters given. The price is with all taxes.
Look at first 3 numbers of msrp and that’s a target for monthly payment.
$45,000 = $450 month
While its good for comparing 2 different vehicles of the same make, model and trim its not necessarily good at determining if a specific make and model is the best lease it can be.
Example: Same Make, Model, Trim from 2 different dealers…
Car A: MSRP $43,000 payment $400
Car B: MSRP $43,000 payment $450
On paper car A looks like the better deal and from a pure financial perspective it probably is.
Here’s the problem with the 1% rule…what if the car you want doesn’t lease well?
Example: Cars C and D are different makes, models and trims…
Car C: MSRP $43,000 payment $399
Car D: MSRP $43,000 payment $499
On paper Car C is the better financial decision. But what if you don’t like Car C? Are you better off paying and extra $100/month for a car you like? That’s up to the buyer.
