I’ve seen this vary by state, but if they’re telling you it includes tax, it probably does.
Damn dude I’m jealous
Went through @Jrouleau426, he’ll have the best price, was the easiest car I’ve ever leased.
Yeah I spoke to him earlier. He’s great!
The deals are just bad now due to the market and the whole chip shortage thing.
My lease runs until the end of February 2022. I decided to go ahead and get my next car ready now in case things get worse in q1 of next year. My build should take about 3 months so I’ll have a couple of months of overlap. But I spoke to a couple of dealerships and they’d be happy to take it in early without penalty so there’s no downside. If covid spikes during the fall/winter things could potentially get worse as shipping logistics around the world are STILL bottlenecked and inflation shows no signs of slowing down.
Yeah that’s the only scary part. I don’t know if the market will get even worse than now.
Do you mind sharing the dealership you’ve looked into?
I’m currently in a BMW so it won’t help with your volvo/toyota situation. Just sharing my motivation for wanting to get my next lease ready now before maturation.
Got it. Thanks David!
I’d wait it out and extend your lease as long as you can. Market should be recovered by this time next year.
If you’re driving 12k miles a year and averaging 20 mpg, you’re averaging about 50 gallons of gas per month.
Over the past year, gas in NJ (I’m guessing NJ but you also tagged NY) has gone up about $0.95 / gallon.
So for seven more months you’ll spend (50 * 0.95 * 7) = $332.50 more than you anticipated on fuel.
That doesn’t sound like a significant decision-making factor for someone with the capacity to lease a $50,000 car.
Let’s say you’re currently burning gas at twice that rate. Still not very significant in the big picture.
Sometimes just the rising gas prices or seeing that they spend extra $10 or $20 per fill up makes them question their car.
I see this with my friends all the time, all of a sudden everyone wants to get a fuel efficient or a hybrid or an EV & when gas prices go lower they want the bigger SUVs & Trucks.
Perception becomes the reality
Nice! I was looking for highlander too but I agree - may need to go to Venza instead …
Also, my friends see gas prices go up and suddenly they regret who they voted for, starts watching F News and want to impeach him for high treason… Talk about fickle public …
LOL this will drail the thread quickly
P.S. - That is taking fickle to the next level.
This is why I advocate making financial decisions based on facts/math, rather than perceptions/feelings.
I second that. I always want to “run the numbers” (little pun intended @vhooloo) & think about what i want from the said transaction, instead of the simple emotions driving the decision making process.
It’s not just the gas price but also the fear of lease prices will get even crazier next year. Combinations of a lot of things.
Also, yes numbers are good but feelings/emotions are always comes to play while making decisions. At least to me it does. Nice that you guys can keep it aside .
Every one is feeling the same fear, but remember that is the beauty of leasing, it is TEMPORARY/SHORT-TERM.
it does for us too, it is just that when you feel overwhelmed by all the crazy stuff that has been going on & the crazy stuff that usually is going on in one’s life, looking at the numbers sometimes can calm those fears or just help you realize that the things arent as bad as one had thought or imagined…etc…It can work the other way too where the “great” deal may not be such a great deal once you look at the numbers.
As i see it, numbers just help to put things in perspective.
I couldn’t agree more!!
Not only that, but you can always implement a factor to account for emotions / feelings.
For example if the choice you want is 5% away from break even, you can decide if you want to do that anyway based on what you want, at least you’re making an informed decision at that point.