[speedmaster20d]

I got a quote today for 1417 per month with 3K down for 82K car. I guess sets the record for lease rip off

do some dealers think folks are really stupid or there are some folks who actually pay these figures ?

[dialogical]

Originally Posted by speedmaster20d

I got a quote today for 1417 per month with 3K down for 82K car. I guess sets the record for lease rip off

do some dealers think folks are really stupid or there are some folks who actually pay these figures ?

Good gravy that's absurd. I'm assuming that included tax?

What's the MF and sale price?

[Pantagathus]

Originally Posted by speedmaster20d

I got a quote today for 1417 per month with 3K down for 82K car. I guess sets the record for lease rip off

do some dealers think folks are really stupid or there are some folks who actually pay these figures ?

Did the dealer at least have the decency to offer you some lube when they presented that price?

[speedmaster20d]

Originally Posted by dialogical

Good gravy that's absurd. I'm assuming that included tax?

What's the MF and sale price?

I didn't bother to ask. even with tax it's absurd

[speedmaster20d]

Originally Posted by Pantagathus

Did the dealer at least have the decency to offer you some lube when they presented that price?

his decency was limited to claiming that he is waiving the 10K markup on the car....

[speedmaster20d]

my current car lease is 1090 with tax on a 86K car with 0 down and that was back in 2018 with higher interest rates

[dialogical]

Originally Posted by speedmaster20d

my current car lease is 1090 with tax on a 86K car with 0 down and that was back in 2018 with higher interest rates

That's well done - can you share the MF, Residual, and Term?

[speedmaster20d]

Originally Posted by dialogical

That's well done - can you share the MF, Residual, and Term?

36 months 10K per year. 46K residual I have to look up the documents for MF.

my car has <20K miles and sells mid 50's easily so this dishonest dealer had also dreamed of making 10K in my trade-in..

wafting for a hopefully more reasonable quote from my regular dealer. I will spell out the first dealer so folks in my area wouldn't waste their time with the guy.

[itrocks4u]

Originally Posted by Sedan_Clan

I agree! I'm all about the Shadowline delete.

What is shadowline delete?

[killhour]

Originally Posted by itrocks4u

What is shadowline delete?

Gets rid of the blacked out bits (mirrors, lip spoiler, exhaust) on the competition models.

[dialogical]

Originally Posted by killhour

Gets rid of the blacked out bits (mirrors, lip spoiler, exhaust) on the competition models.

The real move (though expensive) is to do a shadowline delete + carbon exterior package.

This replaces everything black with carbon, but leaves the pipes silver.

[MJO316]

Originally Posted by speedmaster20d

I got a quote today for 1417 per month with 3K down for 82K car. I guess sets the record for lease rip off

do some dealers think folks are really stupid or there are some folks who actually pay these figures ?

This is insane. I calculated $1450 on $98500.

You don't even deal with him anymore and you goto a new dealership or request someone else.

[Sedan_Clan]

Originally Posted by killhour

Gets rid of the blacked out bits (mirrors, lip spoiler, exhaust) on the competition models.

To be more specific, the trunk lid spoiler, but yes, this....

[haroon]

81k g80 m3
10k year
36 months
Philadelphia pa 11% lease tax
7k out the door
$1020 with 11% tax
they said giving $1500 off good deal or bad ?

[dialogical]

Originally Posted by haroon

81k g80 m3
10k year
36 months
Philadelphia pa 11% lease tax
7k out the door
$1020 with 11% tax
they said giving $1500 off good deal or bad ?

What's your money factor?

[acre22f90]

Originally Posted by dialogical

What's your money factor?

That's a lot to put down on a lease. Certainly seems they're going the classic cap reduction route to make payment attractive.

[KnightedBMW]

Originally Posted by haroon

81k g80 m3
10k year
36 months
Philadelphia pa 11% lease tax
7k out the door
$1020 with 11% tax
they said giving $1500 off good deal or bad ?

Definitely not a good deal.

[Sedan_Clan]

Originally Posted by KnightedBMW

Definitely not a good deal.

It's not necessarily a bad idea, just one with a few more risks. It all depends on the person's long term plan. Everybody's primary concern is crashing and losing money. That would be a concern regardless, so I don't know why people focus so much on that.

[dialogical]

Originally Posted by Sedan_Clan

It's not necessarily a bad idea, just one with a few more risks. It all depends on the person's long term plan. Everybody's primary concern is crashing and losing money. That would be a concern regardless, so I don't know why people focus so much on that.

Because if you crash a car you own, insurance pays you.

If you crash a leased car, insurance pays the leasing company.

Money down on a lease is significantly riskier than money down on a financed purchase.

[Sedan_Clan]

Originally Posted by dialogical

Because if you crash a car you own, insurance pays you.

If you crash a leased car, insurance pays the leasing company.

Money down on a lease is significantly riskier than money down on a financed purchase.

Very rarely is anybody paying for a car in cash, so you don't own anything if you're financing (...until it is paid off). If you crash a car that you financed, that money doesn't go to you, it'll go to the lender. It's a monetary loss regardless if you crash a brand new car. Leased or financed, you could still end up upside down in the event of an early crash......therein lies GAP insurance.

[pookiemalibu]

If I got offered some of these deals I'd go full on GySgt Hartman from Full Metal Jacket: "I bet you're the kind of guy that would f**k a person in the @$$ not even have the goddamn common courtesy to give him a reach-around".

These prices are nauseating. We pay only a few hundred more than some of these quotes (date I say "deals") and right at or near others for a 2021 X5MC. Granted (a) it was ordered when the MF was .00082 and (b) we got 11% off an ordered car, but still. Holy Moly Donut Shop!

We are (weirdly) cross shopping the M4, which Mrs. Malibu LOVES btw with some other buggies, but selling her car in a month or two when we are closer to lease end, pocketing her car payment for a year or so and waiting 12-18 months for that Porsche 911 Targa allocation is looking better and better.

[Sedan_Clan]

Originally Posted by pookiemalibu

If I got offered some of these deals I'd go full on GySgt Hartman from Full Metal Jacket: "I bet you're the kind of guy that would f**k a person in the @$$ not even have the goddamn common courtesy to give him a reach-around".

These prices are nauseating. We pay only a few hundred more than some of these quotes (date I say "deals") and right at or near others for a 2021 X5MC. Granted (a) it was ordered when the MF was .00082 and (b) we got 11% off an ordered car, but still. Holy Moly Donut Shop!

We are (weirdly) cross shopping the M4, which Mrs. Malibu LOVES btw with some other buggies, but selling her car in a month or two when we are closer to lease end, pocketing her car payment for a year or so and waiting 12-18 months for that Porsche 911 Targa allocation is looking better and better.

Yeah, your MF was lower than the going rate right now......which is .134 or .133; the base is .93. I tried to get .113, but the dealer refused that offer since they were selling me a car at MSRP when everything in SoCal is going for over sticker.