ThreeEyes said:
What update are you hoping for? The last post here was 8 days ago.
Prices change constantly, so my example was good at the time of writing a month ago. Go out and just get the best deal you can until they stop phoning you with better offers. That's generally how I've always done it, and you will get a sense when you are at rock bottom. Good luck!
Here it goes, I'll just be the a-hole and explain why you're getting these types of questions from me and from him. We have high expectations from you because you came here to this exact forum and at edmunds asking for all this help when you were buying and now that you got it you're giving some pretty vague answers or answers that are not complete.
For example, I asked you what was the msrp of the car, you said:
"The MSRP was as shown in the dealer quote above, give or take a HK stereo or so. If you're hitting close to $450 including the rebate/$508 without, it's as low as they will go for a 2015 to that spec."
Dang, you know give or take a HK stereo is vague cause it's a $800 option and makes a difference in payment.
The $2500 rebate divided by 36 months comes out to almost $70, $69.44 to be exact. When you say $450 with rebate and $508 without, it doesn't make sense, it should be $520. I know...I know... $10 a month rounding error but considering how we're all doing this to save what.... $10-$20 a month, it makes a difference and it makes it vague again...
When you say:
Everything rolled in, $0 out the door, the monthly payment is $508
That can mean, you paid $0 and you didn't pay first month $508 or you did, it's up to interpretation.
I still haven't leased yet because I got busy at work but I promise to post here a complete break down so that we all help each other to get a great deal.
And when I mean I will post details, here's a post from clublexus where I posted a break down of my GS lease a couple of years back, it leaves nothing up to interpretation or vagueness and it helps people get a better deal, I've also done this with a RX, HS and a couple of other leases in the past.
Alright, here's a step by step breakdown of the costs, so that you can have an advantage when you buy or lease the car.
First off I should say that I purchased an add on of XM radio for $299 from the dealer. The XM was already installed by the dealership and they wouldn't take it out since it was installed. The car was the color and options I wanted so I relented and paid the 299. It's a decent deal for XM since Sewell sells the XM add on for $299 online and I got it installed for free with 9 months of service. Anyway, just wanted to state this because I see people post that they paid a certain price or invoice or below but don't reveal that they bought extra crap like a warranty or LoJack and overpaid for those items so of course they get the car for under invoice, since they got ripped off on the other stuff.
36 month lease with 15K miles per year.
MSRP: $51915
Sales price: $45764 (This price is invoice found on edmunds + TDA (advertising fee) of $552)
Acquisition fee: $600
Registration, license: $364
Document prep: $48.71
Other fees: $8.75 (California Tire Fee)
Lease info:
Gross Capitalized Cost $46,364 (sales price + acquisition)
Current Money Factor for 36months 15K: .00185
Discount for putting down 9 refundable security deposits: 0.00072
Final Money Factor: .00113
Residual = 49% = $25,438.35
Total monthly payment with 8.25% tax = $717.06
I put no money down on the lease, I did make a 100% refundable deposit of $6,525 that saves me roughly $2,000 over the 3 years, not a bad investment since that money would of just been sitting in the bank, earning low interest and being taxed.
Total drive off was $7,672.86, $6525 of it are the MSDs and $1,147.86 was first months payment, license, tax etc.
Read more: http://www.clublexus.com/forums/gs-3rd-gen-2006-2011/325876-december-to-remember-prices-and-lease-rates-2.html#ixzz3h9xhgn39
And I do agree that I'm ungrateful and an a-hole for pointing this out... :mrgreen:
