Hello, I just leased a car which costs almost 1000$ per month (after the down payment). Although I can do it, I still think that they are a lot of money wasted. Indeed after 3 years I have to bring back the car and I will have spent a total of 36k. What do you think? Did you do it too? Would you? Thanks for sharing your thoughts.
Financially stupid, but hey it's your life and there's far worse ways to burn your money.
What was the reason you got it in the first place? While I agree that's a lot of money, if it provides joy is less of a waste, no?
What are you exactly asking about ? You tried to be a douche by leasing a super expensive car and now you wonder if you can afford it?
Which car did you lease? You can finance/buy it after the lease ends.
If you can afford it why not đ¤ˇđťââď¸
TC or gtfo Hard to judge without TC
420k
Totally reasonable with your TC.. but if you feel itâs wasteful then try swapalease.com. What car is it?
Ask Marie Kondo
You may have gotten a great deal - or not. Leasing books down to money factor, selling price and residual. I suggest anyone looking into leasing get the money factor and residual information from edmunds leasing forum. It's very active and informative.
This post is everything when it comes to leases. If youâre not getting these details and crunching the numbers right, youâre probably getting ripped off by the dealer.
1% rule on a good deal - 1% of MSRP per month. Mf is the interest rate. Take it and Ă 2400 to get the real interest rate Mf change monthly. Most dealerships mark it up the base MF for extra money. Negotiate buy price not monthly payments. Every $1000 down is lime 25-35$ off a month. You have to be savage. I leased a Maserati due to depreciation issues on the brand and got the 1% rule on it. They tried to screw me with 5k more needed the day after the deal while I was picking the car up. I got my money back and uber'd home. I emailed Fiat's CEO at the time, Sergio Marchionne, among other leadership. Masersri US took care of it They called and redid the deal. Play hardball. I mean email CEO hardball. Walk out if you have to.
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I havenât done shit today!
Iâm financing a Tesla for 700 a month to own. Do it!