So you are not really in a hurry then?
Doesn’t the Honda Pilot qualify? You can lease that at $519.
typo…
yes not in any hurry …
I guess choosing a lease deal has always multiple factors and when a combination of them makes sense, one would make the deal.
factors like, value for money, urgency, how one intends to use it daily, style, design, tech, interior, resale/RV etc etc
This is just a franchised dealer being sketchy. Not really a reflection on the casa themselves. But Subarus have not leased that well historically so not a huge following here since If you know what you are doing and are flexible you can usually get a luxury/near luxury vehicle for the same payment.
But I have some appreciation for the brand. Subaru has been committed to making “affordable” cars and sells very few cars at or above the national average new car price. For a point of reference, just 20 years ago the Outback and F-150 were similarly priced vehicles.
the cx90 has great deals that two brokers had offered me. then they claimed they could not find the car anymore for that price.
yes, the 3rd row would be for my daughter.
Ill check that out. I think the DAS is like 5k which I can not do.
How are you benefiting from a cycle of leasing?
You’ll probably spend $40k (entry price of 3-row vehicles) over your next two leases and have nothing to show for it except a bill.
i have my reasons. I do own one car and lease another the one that is leased right now is a 3-row requirement.
I don’t want to get into to many details as to why its personal
This is the stupidest answer ever. Lots of people are upfront about wanting a lower payment, writing it off for their business, etc. etc. How personal could your reason for leasing a car be on a forum that’s pretty much anonymous?
Also, why are you surprised that finding a deal on a just released 3-row SUV is surprising? Lots of data out there on which manufacturers have excess supply and which don’t. Like everything else it’s a supply and demand game. Until all the families who just have to have the Mazda get theirs, we aren’t going to see significant drops (isn’t the PHEV offering the $7500 rebate now?)
I understand your perspective, and it’s true that many people are open about their financial motivations when discussing car leasing on anonymous forums. However, people have various reasons for leasing a car, and some might choose not to disclose their personal motivations for privacy or other personal considerations.
Regarding the surprise about finding a deal on a just-released 3-row SUV, you’re absolutely correct that market dynamics, supply, and demand play a significant role in pricing. Manufacturers with excess supply are more likely to offer better deals. And you’re right about the PHEV offering potentially having a $7,500 rebate, which could impact pricing
Wasn’t trying to pry into your personal situation, but the more we know the easier it is to help. Your best bet is to browse through “Share Deals & Tips” and see what people have scored lately and also the “Marketplace” to see what brokers are offering.
Honda/Toyota/Hyundai still don’t have tons of inventory, particularly for non-EVs. IMO, your best bet will be to look for something that has both the $7500 as well as potential discounts stacked. The CX-90 PHEV will get the $7500, but I don’t think you’ll see much of a discount. Maybe check out the Chrysler Pacifica? I haven’t looked for a while, but a lot of the Stellantis stuff has rebates/incentives + might qualify for $7500. If it’s a lease, who cares about long term resale or reliability. I’m not sure if there’s a deal, but it’s a likely candidate.
We won’t be out of this insanity until most brands are sitting with good amounts of inventory. If you look at some of the charts posted, you’ll that there are brands with lots of inventory (most Stellantis stuff) and then brands that still haven’t caught up.
Not how I’d play it but I’ve seen Tellurides in the mid 5’s in the Marketplace
i might have something in the works. Fingers crossed
https://x.com/GuyDealership/status/1705278160865038678?s=20
Interesting update from the auction today:
“Used car prices on absolute fire at this morning’s auction. Dealers likely stocking up in anticipation of potentially extended strikes. here we go again”
Could easily get burnt holding all that inventory at these rates if things get resolved faster then expected. Big gamble but they’re prob all flush with cash from the last 2 years anyway
I mean it’s looking like Ford will probably resolve it sooner than later, their affected plant builds desirable inventory and they also tend to be more apt to meet union demands based on the past. GM you’d think might use a Ford deal as a benchmark and capitulate. They also have desirable inventory that’s affected.
Stellantis is the wild card as most of their models have triple digit days supply. But their products are also what does the worst at auction these days anyway.
A sales guy I know well told me the other day that the hardest part of his job is not having any $20k cars to sell. removing more supply even at a higher price point won’t help.
This is encouraging, considering I let my Carmax appraisal offer expire yesterday, but I still need to sell my car. Offers have been all over the map, in person and online. All pretty healthy, though.
Autonation a month ago: $21,500
Carmax this month: $22,500
Mazda dealer in town: matched $22,500 (though it was part of a shitty lease deal)
Carvana: $22,226
Vroom: $18,600
GMTV: $20,600 which I declined, so they sent me $100
Currently awaiting a new Mazda dealer’s number, and then I’ll probably bring it to another Carmax for re-appraisal in a nearby bigger market for the final decision tomorrow. Fingers crossed that those auction prices might actually net me an increase on the previous offer, but we’re talking about a 3-year-old CX-5 with 45,000 miles on it, so I’m well into the black over my residual regardless.
Conclusion: Used car price insanity continues. And for all the reasons discussed. I mean, why would I trade in my 3-year-old RAM pickup for anything new? I owe like $13k on a 1.89% note, it’s worth nearly as much as I paid for it (if not more, strike notwithstanding), and a comparable replacement would cost $20k-30k more than I paid, with a 6%+ rate to boot. Same reason I’m stuck with my current house right now.
21 posts were merged into an existing topic: Off Topic Landfill 5
Removed some political posts unrelated to automotive market.
Even with the 40% labor raise they want?
A Detroit-area fraud situation without Kwame involved. Crazy.