Francois_Pipes
New Member
Definitely research before going w 1st lease offer:
1. Negotiate 5-12% off Msrp
2. RV is set by Chrysler Capitol
3. MF should be <.002
4. Donāt let them add other fees.
5 from thereās itās just an equation.
$378 is likely not a good deal for a stripper sport at 36/10
Hereās my math on a $35k sport ...
35k Msrp
31.5k buy price (cap)
36/10
RV 74% (73% for 36/12 so adding 1%)
MF .002 (this is high?)
... $270/mo without TTL or lease acq cost
... $325/miwith $1200 additional estimate(TTL + fees)
So $378 is 20% too high.
$60/mo may not seem like a lot but an extra 20% is BIG. $60/mo * 36 = $2160. Warren Buffett says thatāll be $20M in 50 years if invested in sp500
(I use Leasematic app ... $2 well spent as you will want real time #s at dealership)
Thanks for your reply. I forgot To mention i have 3 remaining payments on my civic of $225 apiece. I guess I ahould Have negotiated msrp first But i didnt Sign anything for the car so i can Always back out and restart
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