What the point of deals like 197k MSRP with $2200 and 5000 DAS

Ask the Hackrs
1

I’ve already see many deals like:

when car with MSRP $197k trying to lease out for $2200 for 48 months

I don’t get something, 2200 1.1 for california and 48 gives + 5000 DAS gives 120k of total payments

while with 197k minus I am pretty sure that it’s possible to get 30k discount = 160 - 120k = 40k difference plus taxes

what’s the point to lease this car instead of buy?

2

What’s the point of “comparing” a purchase vs lease if you’re skewing the numbers and misrepresenting the scenarios.. lol

3

I am trying to understand the scenarios where it makes sense

I don’t understand the points where after 4 years of payments your remaining payments will be small compare to MSRP like 20% residual, I don’t think that 20% put in residual by contract. So it does not make sense for me to consider a lease at all.

for example, scenario 197k msrp - 160 sell price - 10k down and 4.99% APR finally it will be 40k cheaper after 48 months

4

Some vehicles are great lease candidates, some are not. Some vehicles are great for purchase/finance, some are not. Then you get into the personal finances and/or applicable business scenarios..which can also vary.

There is nothing that says leasing makes sense 100% of the time.

1 Like
5

Yes, I agree

but some offers are stilling money at all