2014 Fusion Energi - lease question
My father is looking to lease this vehicle in Colorado, but the #'s seem high.
MSRP $42,075 Costco price $39,148 D&H $599 Rebate $(5,007) Cap Cost $34,740
$371.00 a month
Money Down $5,000.00 36 month 10,500 miles $20,617 residual 1.75% APR
$458.00 a month
Money Down $2,000.00 36 month 10,500 miles $20,617 residual 1.75% APR
Thank you for your help!
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Answers
Must be an SE model? I show an APR of .0.75%, but I don't have all of the regional numbers, so I suppose it could be higher in Colorado.
Using those numbers, I get a payment of $433/mo. plus tax, with ZERO down payment.
That said, I'll note a few things..
1) $599 D&H? Is that a dealer fee? Outrageous
2) Your 2nd line might not be too far off the number I gave.. IF, the $2000 is 1st payment, acquisition fee, title/registration.
But, a $599 dealer fee, and a possible mark-up of the APR is not good... The difference between 1.75% and 0.75% is $23.mo. pre-tax
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