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How did I do on this lease?

Old Mar 9, 2008 | 03:44 AM
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How did I do on this lease?

Hey guys, new member. I just leased a G37 Journey, premium, spoiler, sport package, nav, splash guards for $3k down and 526/month. The MSRP was $43.8. The lease is for 39 months at 12k miles/year. I'm located in Tampa Bay FL. I have a contract that gives me 'till Monday to return the car if I don't like it. Did I do ok?

Last edited by gjeff; Mar 9, 2008 at 03:46 AM.
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Old Mar 9, 2008 | 03:48 AM
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Did u try to negotiate?
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Old Mar 9, 2008 | 03:57 AM
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We started off way higher than that. The $3k down is out the door- includes everything, tax, title, ect, plus first months payment.
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Old Mar 9, 2008 | 03:04 PM
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If u give me invoice (on that car with those options) I can run some numbers for you using MSRP of 43,800

Im too lazy to look up invoice with all those options

Edited to add : Florida dealers are TOTAL FFFFing ripoffs, so if I was going by gut instinct, I would guess the deal was good for Florida, but no good if u go out of state. Cant blame them, idiots here will pay whatever the dealer asks!

Last edited by vrb747; Mar 9, 2008 at 03:18 PM.
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Old Mar 9, 2008 | 04:20 PM
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Vrb, I got the car for about 40.8k from a sticker of 43.8k. I didn't mention before that I also unloaded my '06 Mustang for a full payoff amount of 23.7k. I had been trying to sell that car for months and was never offered any more than 20k.
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Old Mar 9, 2008 | 04:24 PM
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Originally Posted by gjeff
Vrb, I got the car for about 40.8k from a sticker of 43.8k. I didn't mention before that I also unloaded my '06 Mustang for a full payoff amount of 23.7k. I had been trying to sell that car for months and was never offered any more than 20k.

**** if you got them to pay off your trade-in, consider it a good deal right there!
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Old Mar 10, 2008 | 11:29 AM
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I think u got a fair deal, considering u got 3.7K more for your trade-in than what u were offered by anyone else.
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Old Mar 10, 2008 | 11:40 AM
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Okay I ran some numbers. Using MF of 0.00195, residual of 58%, for a $526 payment including taxes, your sales price was Invoice + 1500

This is SUPERB considering you got an "extra" 3700 for your tradein !!!!
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Old Mar 10, 2008 | 08:20 PM
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Thanks for your replies. I also just got the dealer to up my miles from 12k to 15k with no extra charge. I'm tickled!
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