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Old 03-13-2013, 09:40 PM   #11 (permalink)
Luciano13
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Join Date: Mar 2013
Location: Canada
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Quote:
Originally Posted by dP3NGU1N View Post
The deal is terrible, you've got to negotiate that down...

$671/mo x 48mo = $32,208 + $5k down = $37,208 + $18,563 (buy back) = $55,771 total if you decide to keep your car. What is that like almost $20k over MSRP for sport package in the US? $12k if you factor in your $8k price increase. Seems ridiculous to me.

Now I know lease agreements are sour deals anyway but you do your best not to get the shaft in the end (pardon the pun).



It's offtopic but:
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I don't know what kind of crazy planet you come from but any number of websites will break down for you how financing a car for three years and SELLING it makes a significant difference in the amount of money you spend total when compared to leasing (which is ALWAYS a bad idea for personal vehicles).

Lets say his OTD is 45,000 for a base + sport (This is based on my OTD + the 8k difference OP pointed out). If he puts 5k down like the lease says then (45,000-5000)/60mo (5yrs)= $666.67 monthly payment + whatever your APR is.

No idea where you got $1000. Even if he was at 50K for a base+sport (WHAT!?) it would still be somewhere in the neighborhood of $833/mo.

I hate people that insist that leasing is a good idea because, at best, you're delusional and actually believe the drivel you're spouting and, at worst, you're outright lying.
In Canada, where the original thread came from, the 2013 270Z is around $58,000+ 13% sales tax + interest @4.99% OAC!!!! Do the math, it adds up fast!!
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