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Hey baquared81, Sorry for not replying sooner, been too busy out playing in the new car and havent been watching this forum for a few days. You are correct, $403.65 is my monthly payment on a T06 which includes 7% sales tax for IN. The finance guy helping us knew my problem with the ally lease was the buyout fee, but either didnt know or didnt tell me there was a way around it. I'm glad to see my payments aren't too far off from yours. The higher money factor from US Bank, 15k miles per year, and me not having the GM employee lease could explain most of the difference in our payments I think. Almost 1k miles in and still love the car for the most part. However, I must say for my first German car it has the worst cupholders I have ever seen in my life. One cup at a time works, but I have yet to find two cups skinny enough to fit in there at the same time! Gas mileage isn't impressing me much so far either, but my other car is a Prius so maybe I'm just hard to please lol
Hi, I was hoping you could look at these figures that I received today and let me know what you think. MSRP $29,720 (turbo + destination supposedly) MSRP $28,720 (from website without destination) Invoice $29,142 (From dealer incl. destination and ad fees) Invoice $27,706 (from TrueCar) Gross Cap Cost $29,487 Cap reduction ($4500) Includes all rebates from Ally and Manufacturer supposedly Money factor with Ally .65 (does that sound high??) Residual $13,968 Base pmt $316.77 pmt incl taxes $339.74 $1338.74 due on delivery (Gap ins. included on all leases or so I was told) Should I be negotiating down the gross cap cost to be closer to invoice without dealer fees? I did confirm on TrueCar that the invoice figure + dest/ad fees is within about $300 or so. What am I missing here? What else should I be asking for or is this a good deal? Thanks in advance for your help. :)
Just picked up a carbon black metallic T06 last night in southern Indiana. US Bank lease. Details are as follows: MSRP $33,385 Selling price $31,700 (apparently $1k dealer cash doesn't apply to leases) 39 months Residual $14,021.70 (42%) US Bank lease rebate $4,450 MF .00039 Acquisition fee $695 $1,140 due at signing ($425 security deposit, $403.65 FMP, $311.50 IN sales tax on rebate) Went with US Bank instead of Ally even though the money factor was .00039 vs .000015 with Ally. Lost $50 on the lease rebate, but the purchase option at lease end is $395 compared to Ally's $2,500.
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