I recently signed my first lease which was a horrible deal. Should’ve known better… I felt like a sucker for a while after reading through these forums. Good thing is I do like the car. Next time for sure I will try to do wayyy better.
36/15k $0 down, $800 monthly (inc tax which is 10.3%) for a 53k MSRP 2018 XC60 T5 MOM. we really do live and learn. Expensive lesson right there.
Yep. The problem was that I didn’t research enough, and that I was being emotional with lotta changes in life (new baby on the way, etc) and wanted to close the deal that weekend. I probably would’ve saved way more had I waited about two months. All i can do is just enjoy the car and move on.
for what its worth, XC 60 T5 MOM is a pretty awesome car
to make you feel better, let me share my story: I just leased a 2018 Audi S5 Sportback for $938 (w/ taxes + Audi Care) and Zero down, MSRP $69k, got lots of sh*t for it but I love the car and I am enjoying it. So dont worry, be happy
Sometimes my wife gets bummed when she feels like we are spending a lot of money on something (cars, travel, eating out etc.) and I always tell her to be glad that we have the money to afford these things in the first place. After all you only get to live once
Looks like a 36m/10k. Previous MY too, maybe 2 model years. dude drove 11k in 3 months. Yikes. How is this situation even possible? Who signs a lease like this, then proceeds to drive 100 miles a day, everyday.
Says he’s willing to offer incentive. Should I ask for $45k? I think that’s fair for 500 miles a month.
That’s a 59k dollar lease. Even with the added mileage, he might actually come out with some positive equity if he stayed the course. At 59k dollars over 3 years, he basically bought the damned thing. What’s left on the residual? I’d be very interested in seeing the MF and RV for this thing at signing, absolutely one of the worst Audi deals of all time. I wonder if he put money down…
I think the only way this is possible is if he rolled some huge negative equity into it. Given the MY and mileage, this could’ve been a demo. Makes it even worse…