Worst leases you've seen

Wow. I wonder if they are actually moving these at those prices. That yellow first edition has an MSRP of $63,870 and a selling price of $135,000!


:joy: :joy: :joy: :joy:

8 Likes

You’d think with the thousands of dollars above MSRP they’re asking for a Bronco they could at least spell correctly.

“Seth Wadley Ford of Pauls Valley has the Ford Bronco SUVs you need right here. Yes, we can help finacne you.”

Finacne?

Anyone want an LT1? :joy:

9 Likes

Portmanteau of finance and headache.

HOLY HELL! That’s horrible.

This is the worst I have seen on SAL. Pay over 6 bills a month to NOT drive the car because you are already negative miles. :astonished:

Someone, please explain this to me if I am actually missing something here.

It actually might be a viable candidate to take over that lease and immediately sell it with what used 3 prices are doing.

4 Likes

Wouldn’t the -16,000 mileage charge plus the buyout take away a huge possibility of profit…(no clue what Tesla charges per mile). I get almost $16,000 plus buyout then you’re selling 2020 with 46k miles.

Do you really think that is a moneymaker? No offense learning and trying new things.

There is no mileage charge on a buyout. The buyout amount is what the buyout amount is. The thing to do would be to try to estimate what the actual lease buyout is (or get the person trying to transfer to tell you) and get some buyout quotes before hand to see where you stand. I certainly wouldn’t go into it blind, but it wouldn’t surprise me if it had promise.

1 Like

You can also try to negotiate the incentive with the seller because that thing is going nowhere. Literally.

1 Like

If you take over a lease that still holds the original Lessee liable, can you flip it to Carmax?

I was under the impression you could not sell a leased Tesla.

1 Like

Tesla allows 3rd party buyouts but does not allow you to purchase the car yourself (on the 3 and Y). They’re backwards from everyone else in the industry.

1 Like

Went into a Mercedes Dealer the other day to look at a loaner GLB, came in without going over the current lease terms.

I’m pretty sure I was the only customer in the store. Looked at the car, but it unfortunately had a deposit on it, and really was looking forward to test drive one.

I go back to the sales person’s desk. To consider other cars that are coming off the loaner fleet soon.

I mistakenly tell him the range I was looking for without knowing what these things go for nowadays.

I offered to give MSDs but he said it wasn’t worth it unless the car was over $100k?

($450 with $2500 DAS, 48/10) on a $44k MSRP

He seemed very taken back and then told me the payment was going to be around $725 p/mo 48/10 with $2500 DAS, and probably a little more since it was a loaner with 6.7k miles.

I was then told that “I couldn’t even get a Honda Civic for $450” which I did laugh to and then explain to them how to get one for almost half, which they seemed very dumbfounded about, more about how much I knew about the terms off the top of my head.

Before I left I was also told “rumor has it Mercedes Benz is looking to become more exclusive again and they don’t want everybody to be able to get into their cars”

2 Likes

They have a million different models, there is nothing exclusive about that.

3 Likes

Should have asked the sales guy then why does Mercedes offer an entry level A class for under 35k. Nothing exclusive about that.

5 Likes

$450/mo seems about the right ballpark for a well equipped Civic with $0 DAS.

Where can you get a Civic for $225/month ??

3 Likes

With a $7,000 down payment.

4 Likes

No more 3rd party buyouts.

1 Like