Title: Be as specific as possible in the title if you are posting a deal – include car model, monthly payment, and money down.
Tags: make (e.g. toyota, bmw)(required) and region (e.g. ny, ca, ca-socal, usa-nationwide)
Post: Include as much information about your deal as possible to make it a helpful reference for others, and even a celebratory picture.
It is practically impossible for us to tell you what a “good” monthly payment is for your specific lease as lease programs are highly dependent on region, personal qualifications, tax rates, etc.
We always recommend the following method before you ever contact a dealership. If you do all of the work up front, you’ll have a stress free dealer experience and set yourself for success.
Read Leasing 101 (Blog | LEASEHACKR) to understand how to calculate a lease payment and the variables. Monthly payment is an output, not an input!!
Pick a specific vehicle that you want to target
Gather the current MF, RV and incentives from Edmunds forums for your zip code
Research the LH marketplace and other deals that have been made recently on your vehicle - what was their pre-incentive discount? How did their lease terms differ?
Plug your numbers into the LH calculator (CALCULATOR | LEASEHACKR), and use a pre-incentive discount similar to what you have seen
Create a target deal, this is what you’re trying to negotiate to. You can try different terms, selling price discount, etc. and see how your monthly payment is affected. It is also possible that different trims of your vehicle may have different MF and RV (i.e. this is very common with GM), so make sure that you look into that. Come up with a set of inputs that give you the output that you want - your desired monthly payment.
With a target price determined, you now have a deal to pursue and compare dealer offers against. More importantly, you have a solid foundation to work from.
Usually if you have to ask the answer is no. If you made the decision to sign then the deal was good for you to do so.
If you want to go back and analyze, then look at your contract and break down dealer discount from rebate/incentive. Then compare based on dealer discount.
Many dealers now hold off on deep discounts due to inventory and production situation, so your question is nearly impossible to answer even if you provided all details…
