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Lease Monthly Price and Car?

GE
Duahwus

GE

PRE
Oracle
Duahwusmore
Dec 5

I’m looking at leasing a new car and thought would be good to see what others are paying. That way I know dealer isn’t screwing me.

I’ll start, currently have Audi A4 FWD Premium.....$450 a month is my lease.

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  • Google / Productgswhoops
    Generally speaking you're getting a great deal if the monthly payment is less than 1% of the car's MSRP. If you're making a down payment, as a rough approximation spread it over the lease term and add that to the monthly payment and then apply the 1% rule.
    Dec 52
    • New IUOc04
      That’s not true. The depreciation of most of the cars is 50% over 36m. But hell yeah 1% a month is a great deal, but I doubt one can get that.
      Dec 5
    • Google / Productgswhoops
      Folks on this article are actually arguing 1% is too high a threshold haha. This article is slightly dated and interest rates/money factor have increased since then but generally I think the 1pct rule still passes smell test. Many examples of deals on leasehacker that are sub 1pct
      https://forum.leasehackr.com/t/general-rules-guideline-of-leasing-a-car/5485/17
      Dec 5
  • Oracle / Engyo6dc
    Go to leasehacker.
    Dec 50
  • Apple vAAA81
    I’d advise against leasing whole heartedly in general. But try Fair.
    Dec 52
  • Microsoft lFwS25
    TC?
    Dec 51
  • Apple vAAA81
    Keep in mind the effective cost you incur with a lease is effectively like paying 10-13% interest. There’s a reason why a lease is how car dealers make the most money off you. Of all ways to have a car, a lease on average is the most expensive. The only exceptions I’ve seen are very special and crazy lease specials like the $89 BMW i3 that happened a while back.

    You’re not hacking or beating the system. Leasing companies always make more money off of you.
    Dec 63
    • Amazon Mr.Bob
      This is not true. There are instances where leasing makes sense. When leasing you are not paying tax on whole car. Also you are not spending maintenance that you would spend if you bought and kept the car. Also cars like Bmw offer free maintenance for the duration of lease. If you get lucky you might not spend money on tires. Is it more than buying - yes but not like twice as much. You get the new tech, piece of mind for few extra grand.
      Dec 7
    • Apple vAAA81
      You’re talking about convenience. You pay a premium on that in your lease payment, plus paying for the depreciation in the car value, plus profit to the lease company, plus cost of capital. Some people prefer this. But it’s still more expensive than buying. This is a well understood industry position across consumer reports, Edmonds, etc...

      Just don’t want people thinking they’re saving money here in the long term is all.
      Dec 7
    • Amazon Mr.Bob
      That’s correct. Living is expensive. The internet has made everyone trying to find a sea rather than just enjoying life.
      Dec 7
  • Google BioB41
    $120 including all the tax for Hyundai Sonata. $3,000 down and only 10,000miles per year though.
    Dec 53
    • Wipro / Eng
      techbee

      WiproEng

      PRE
      Thomson Reuters
      BIO
      Devops and big data. 15+ yrs exp
      techbeemore
      Can you dealer name? I wanna try if that deal is still there
      Dec 5
    • Wipro / Eng
      techbee

      WiproEng

      PRE
      Thomson Reuters
      BIO
      Devops and big data. 15+ yrs exp
      techbeemore
      Share dealer name if it’s in bayareat
      Dec 5
    • Google BioB41
      I found the dealer near LA area. I’m in Bay area, but the deal was too good to miss, I flew there, got the car, and then drove back to Bay area. It was end of Aug this year. If you are still interested, I can let you know.
      Dec 6
  • New IUOc04
    Depends how much did u put out of your pocket. Check out edmunds forum, there should be audi a4 lease thread.
    Dec 51
    • GE
      Duahwus

      GE

      PRE
      Oracle
      Duahwusmore
      OP
      Did $2,500 down. Car value was around $39,000
      Dec 5
  • General Mills / DataMUsi88
    Jesus there’s like 1 decent lease in this thread. The rest are just awful. It’s been mentioned multiple times but seriously if you’re going to lease spend some time on leasehackr. The 1% rule is like the bare minimum and is easy to hit. Do your homework and come out ahead.

    P.S. Stop putting money down on your lease people.
    Dec 50
  • LinkedIn Zeiwkf5
    $212/month with 0 down. Nissan Leaf. I zip past all the BMWs and Audi’s in the carpool lane and never pay for gas.
    Dec 50
  • Amazon Mr.Bob
    520+tax on Bmw 340GT 36/12 minimum driveoffs
    Dec 50

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