Quote:
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Originally Posted by pillpusher84
Quote:
Originally Posted by infiniti2bmw
Thank you all for your time and comments.
So what would you consider be a good deal for '14 535 with MSRP: $66K?
$0 down/36months/12k miles?
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The "good deal" is what you negotiate in terms of MSRP v. Sales Price. The money factor and residual values are not negotiable ... however if you put down 7 months MSDs ... you are putting a "down-payment" to reduce the money factor (interest rate) ... but you will get 100% of the $$ back at the end of the lease (assuming you don't default on the lease) ... whereas a down-payment is just an up-front payment of the "rent" for the vehicle, and you get nothing back at the end of the term of the lease.
7 MSDs will result in a money factor of 0.00078 instead of 0.00127.
12k = 60% residual = $39600
MF = .00127 (without MSDs) 3.07%
36 month lease
MSRP = $66000
Sale Price = $60700
$1000 Ultimate Drive Coupon
Net Price = $59700
Tax = 6.5%
$0 down = $745/month
$1500 down = $705/month
$0 down w/o $1000 incentive = $775/month
$0 down w/o $1000 incentive = $730/month |
12k = 60%? Where you get this I ordered MY14 10k = 60%