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Moderator, Prices Paid and Leasing Experiences
2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
I just got an offer from my NJ dealer to replace my current 11' Edge lease with a 13' Edge lease for same car SEL AWD with only leather seats and 20" wheels for 39 months and $2,000 down (includes all closing costs) and I get out of my lease 4 months early for $440 a month on the new lease. Is that a good deal?
I see most people are getting 36 month leases. I wonder why my dealer only offers 39 month leases?
Can someone help evaluate my lease offer?:
2013 Ford Edge (dealer still has 2013)
3.5L TI-VCT V6 Engine
Equipent Group 205A
18" Chrome Wheels
MSRP: 37005.00 (TOTAL MSRP on window sticker they gave me 36,385
Term: 36 Months
15,000 miles per year
3,000 rebate (cap reduction)
Adj Residual: 19242.60
Lease Payment: 402.05 Per month 802.00 due on delivery
Sounds like rebate goes towards the initial money down payment bringing that total to 3802.05. I am also thinking about putting down more: 1500 due on delivery to bring payment to 381.00 or 2,000.00 due at delivery for a payment of 367.00. Th emoney down includes all taxes, title and license fees.
I went into a dealer today in NYC. Maybe I am missing the plot but a $45k Ford Edge Sport with $2,000 down total got quoted at $560. A bit more and I can get a Mercedes....or am I expecting too much?
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