Price thread - what kind of deal did you get?
04-18-12, 06:49 PM
#153
Instructor
04-19-12, 01:40 PM
#155
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Location: New Jersey
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04-19-12, 01:58 PM
#156
Instructor
04-21-12, 08:54 PM
#157
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How does this offer sound?
i just put my deposit down on the following deal (dealer #2). All specs are below for 36 mo lease, 10K miles.
Dealer 1 offer:
$55,900 MSRP
$52,000 agreed selling price
$3,500 total down (tax, title, fees included)
$592 per month
Dealer 2 offer (same as above + $499 remote start):
$56,482 MSRP
$52,252 agreed selling price
$3,500 total down (tax, title, fees included)
$599 per month
Notes: Getting $1000 from Carmax for my A6 payoff and $1000 for Lexus driving event so only $1,500 actually out of pocket. I had a better deal but lost it when they took away the conquest rebate.
Let me know what you think guys. Faifai, I know you're dying to chime in, lol. (Your thoughts are appreciated actually.)
-------------------------------------------------------
Total MSRP $56,482
Base MSRP $49,450
Premium Package with Additional Options $5,340
Cargo net - envelope $64
Carpet trunk mat $105
Remote engine starter[1] $499
Rear bumper applique $76
Wheel locks $73
Delivery, Processing & Handling Fee $875
Nebula Gray Pearl
Black Leather with Matte Dark Brown Walnut Trim
PACKAGE B: PREMIUM PACKAGE WITH ADDITIONAL OPTIONS
Rain-sensing wipers
Heated and ventilated front seats
Power rear sunshade
Navigation System [2]
12.3-inch high-resolution split-screen multimedia display
Enhanced Bluetooth® technology [3]
Sirius XM NavTraffic™ [2] [4]
Sirius XM NavWeather™ [2] [4]
Sports and Stocks [2] [4]
Lexus Enform® [5] [6]
Lexus Enform® [5] [6] Application Suite
Heated steering wheel
High-intensity interior heater
Headlamp washers
Windshield-wiper deicer
Water-repellent front-door glass
Blind Spot Monitor System [7]
Intuitive Parking Assist
18-inch split-five-spoke alloy wheels with Superchrome finish and all-season tires [8]
Cargo net - envelope
Carpet trunk mat
Remote engine starter[1]
Rear bumper applique
Wheel locks
Dealer 1 offer:
$55,900 MSRP
$52,000 agreed selling price
$3,500 total down (tax, title, fees included)
$592 per month
Dealer 2 offer (same as above + $499 remote start):
$56,482 MSRP
$52,252 agreed selling price
$3,500 total down (tax, title, fees included)
$599 per month
Notes: Getting $1000 from Carmax for my A6 payoff and $1000 for Lexus driving event so only $1,500 actually out of pocket. I had a better deal but lost it when they took away the conquest rebate.
Let me know what you think guys. Faifai, I know you're dying to chime in, lol. (Your thoughts are appreciated actually.)
-------------------------------------------------------
Total MSRP $56,482
Base MSRP $49,450
Premium Package with Additional Options $5,340
Cargo net - envelope $64
Carpet trunk mat $105
Remote engine starter[1] $499
Rear bumper applique $76
Wheel locks $73
Delivery, Processing & Handling Fee $875
Nebula Gray Pearl
Black Leather with Matte Dark Brown Walnut Trim
PACKAGE B: PREMIUM PACKAGE WITH ADDITIONAL OPTIONS
Rain-sensing wipers
Heated and ventilated front seats
Power rear sunshade
Navigation System [2]
12.3-inch high-resolution split-screen multimedia display
Enhanced Bluetooth® technology [3]
Sirius XM NavTraffic™ [2] [4]
Sirius XM NavWeather™ [2] [4]
Sports and Stocks [2] [4]
Lexus Enform® [5] [6]
Lexus Enform® [5] [6] Application Suite
Heated steering wheel
High-intensity interior heater
Headlamp washers
Windshield-wiper deicer
Water-repellent front-door glass
Blind Spot Monitor System [7]
Intuitive Parking Assist
18-inch split-five-spoke alloy wheels with Superchrome finish and all-season tires [8]
Cargo net - envelope
Carpet trunk mat
Remote engine starter[1]
Rear bumper applique
Wheel locks
04-21-12, 11:10 PM
#159
Instructor
i just put my deposit down on the following deal (dealer #2). All specs are below for 36 mo lease, 10K miles.
Dealer 1 offer:
$55,900 MSRP
$52,000 agreed selling price
$3,500 total down (tax, title, fees included)
$592 per month
Dealer 2 offer (same as above + $499 remote start):
$56,482 MSRP
$52,252 agreed selling price
$3,500 total down (tax, title, fees included)
$599 per month
Notes: Getting $1000 from Carmax for my A6 payoff and $1000 for Lexus driving event so only $1,500 actually out of pocket. I had a better deal but lost it when they took away the conquest rebate.
Let me know what you think guys. Faifai, I know you're dying to chime in, lol. (Your thoughts are appreciated actually.)
-------------------------------------------------------
Total MSRP $56,482
Base MSRP $49,450
Premium Package with Additional Options $5,340
Cargo net - envelope $64
Carpet trunk mat $105
Remote engine starter[1] $499
Rear bumper applique $76
Wheel locks $73
Delivery, Processing & Handling Fee $875
Nebula Gray Pearl
Black Leather with Matte Dark Brown Walnut Trim
PACKAGE B: PREMIUM PACKAGE WITH ADDITIONAL OPTIONS
Rain-sensing wipers
Heated and ventilated front seats
Power rear sunshade
Navigation System [2]
12.3-inch high-resolution split-screen multimedia display
Enhanced Bluetooth® technology [3]
Sirius XM NavTraffic™ [2] [4]
Sirius XM NavWeather™ [2] [4]
Sports and Stocks [2] [4]
Lexus Enform® [5] [6]
Lexus Enform® [5] [6] Application Suite
Heated steering wheel
High-intensity interior heater
Headlamp washers
Windshield-wiper deicer
Water-repellent front-door glass
Blind Spot Monitor System [7]
Intuitive Parking Assist
18-inch split-five-spoke alloy wheels with Superchrome finish and all-season tires [8]
Cargo net - envelope
Carpet trunk mat
Remote engine starter[1]
Rear bumper applique
Wheel locks
Dealer 1 offer:
$55,900 MSRP
$52,000 agreed selling price
$3,500 total down (tax, title, fees included)
$592 per month
Dealer 2 offer (same as above + $499 remote start):
$56,482 MSRP
$52,252 agreed selling price
$3,500 total down (tax, title, fees included)
$599 per month
Notes: Getting $1000 from Carmax for my A6 payoff and $1000 for Lexus driving event so only $1,500 actually out of pocket. I had a better deal but lost it when they took away the conquest rebate.
Let me know what you think guys. Faifai, I know you're dying to chime in, lol. (Your thoughts are appreciated actually.)
-------------------------------------------------------
Total MSRP $56,482
Base MSRP $49,450
Premium Package with Additional Options $5,340
Cargo net - envelope $64
Carpet trunk mat $105
Remote engine starter[1] $499
Rear bumper applique $76
Wheel locks $73
Delivery, Processing & Handling Fee $875
Nebula Gray Pearl
Black Leather with Matte Dark Brown Walnut Trim
PACKAGE B: PREMIUM PACKAGE WITH ADDITIONAL OPTIONS
Rain-sensing wipers
Heated and ventilated front seats
Power rear sunshade
Navigation System [2]
12.3-inch high-resolution split-screen multimedia display
Enhanced Bluetooth® technology [3]
Sirius XM NavTraffic™ [2] [4]
Sirius XM NavWeather™ [2] [4]
Sports and Stocks [2] [4]
Lexus Enform® [5] [6]
Lexus Enform® [5] [6] Application Suite
Heated steering wheel
High-intensity interior heater
Headlamp washers
Windshield-wiper deicer
Water-repellent front-door glass
Blind Spot Monitor System [7]
Intuitive Parking Assist
18-inch split-five-spoke alloy wheels with Superchrome finish and all-season tires [8]
Cargo net - envelope
Carpet trunk mat
Remote engine starter[1]
Rear bumper applique
Wheel locks
- Use Multiple Security Deposits instead of a down payment to buy down your money factor
- Cash Price is: invoice + ~$500
Few Questions:
- What was the money factor?
- What was the lease inception fee?
- What was the residual?
- Does the monthly payment include tax?
Assuming:
- 66% residual
- $500 Title & Tags
- .002625 Money Factor/6.3% APR
- 8% Sales Tax included in payment
- $800 Lease Acquisition Fee
- I come up with a $597/mth payment.
Based upon the assumptions above, the money factor is too high...
Last edited by faifai83; 04-21-12 at 11:32 PM.
04-22-12, 12:26 AM
#160
Driver School Candidate
Join Date: Apr 2012
Location: CA
Posts: 30
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wow...so much calculation goes into leasing...i seriously never knew!
this thread has been extremely useful and it makes getting a brand new 2013 4GS much more do-able!
Up to how many MSD's can one put towards a new Lexus?
Would it be smart to max out on MSD's and add cash for CCR to lower my monthly? Or should I never put cash down on a lease?
Sorry for my noob questions, and sorry if it's in the wrong thread. I'm *very* new to leasing (and to CL forums
)
this thread has been extremely useful and it makes getting a brand new 2013 4GS much more do-able!
Up to how many MSD's can one put towards a new Lexus?
Would it be smart to max out on MSD's and add cash for CCR to lower my monthly? Or should I never put cash down on a lease?
Sorry for my noob questions, and sorry if it's in the wrong thread. I'm *very* new to leasing (and to CL forums
)
Last edited by twx; 04-22-12 at 12:43 AM.
04-22-12, 05:27 AM
#162
wow...so much calculation goes into leasing...i seriously never knew!
this thread has been extremely useful and it makes getting a brand new 2013 4GS much more do-able!
Up to how many MSD's can one put towards a new Lexus?
Would it be smart to max out on MSD's and add cash for CCR to lower my monthly? Or should I never put cash down on a lease?
Sorry for my noob questions, and sorry if it's in the wrong thread. I'm *very* new to leasing (and to CL forums)
this thread has been extremely useful and it makes getting a brand new 2013 4GS much more do-able!
Up to how many MSD's can one put towards a new Lexus?
Would it be smart to max out on MSD's and add cash for CCR to lower my monthly? Or should I never put cash down on a lease?
Sorry for my noob questions, and sorry if it's in the wrong thread. I'm *very* new to leasing (and to CL forums
)
04-22-12, 06:52 AM
#163
Instructor
wow...so much calculation goes into leasing...i seriously never knew!
this thread has been extremely useful and it makes getting a brand new 2013 4GS much more do-able!
Up to how many MSD's can one put towards a new Lexus?
Would it be smart to max out on MSD's and add cash for CCR to lower my monthly? Or should I never put cash down on a lease?
Sorry for my noob questions, and sorry if it's in the wrong thread. I'm *very* new to leasing (and to CL forums)
this thread has been extremely useful and it makes getting a brand new 2013 4GS much more do-able!
Up to how many MSD's can one put towards a new Lexus?
Would it be smart to max out on MSD's and add cash for CCR to lower my monthly? Or should I never put cash down on a lease?
Sorry for my noob questions, and sorry if it's in the wrong thread. I'm *very* new to leasing (and to CL forums
)Avoid putting cash down payment on a lease.
04-22-12, 08:25 AM
#164
Driver School Candidate
Join Date: Apr 2012
Location: CA
Posts: 30
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but doesnt putting cash down apply towards the total "used" amount of the vehicle during the term of the lease?
so if my lease is worth 30% of the overall value, doesnt the cash down apply towards the 30%, which in essence helps reduce my monthly payment?
or i totally wrong? lol!
so if my lease is worth 30% of the overall value, doesnt the cash down apply towards the 30%, which in essence helps reduce my monthly payment?
or i totally wrong? lol!
04-22-12, 08:32 AM
#165
Rookie
Join Date: Jan 2012
Location: New York
Posts: 60
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Initial Thoughts:
- Use Multiple Security Deposits instead of a down payment to buy down your money factor
- Cash Price is: invoice + ~$500
Few Questions:
- What was the money factor?
- What was the lease inception fee?
- What was the residual?
- Does the monthly payment include tax?
Assuming:
- 66% residual
- $500 Title & Tags
- .002625 Money Factor/6.3% APR
- 8% Sales Tax included in payment
- $800 Lease Acquisition Fee
- I come up with a $597/mth payment.
Based upon the assumptions above, the money factor is too high...
- Use Multiple Security Deposits instead of a down payment to buy down your money factor
- Cash Price is: invoice + ~$500
Few Questions:
- What was the money factor?
- What was the lease inception fee?
- What was the residual?
- Does the monthly payment include tax?
Assuming:
- 66% residual
- $500 Title & Tags
- .002625 Money Factor/6.3% APR
- 8% Sales Tax included in payment
- $800 Lease Acquisition Fee
- I come up with a $597/mth payment.
Based upon the assumptions above, the money factor is too high...
- What was the money factor? .00190
- What was the lease inception fee? Inception absorbed by dealer
- What was the residual? 66%
- Does the monthly payment include tax? Yes
-Sales Tax is 8.875%
At the end of the day total cash delivered is $3500 in exchange for the keys. I'm going to explore the MSD too.