New 19 genesis G70 lease deal

Jy147147

Hey guys I am wondering I am getting good deals for G70 lease. 19 G70 msrp 45020 dollars Not sure about mf and other details but It is 740 a month 12k miles 36 months 3000 dollars down. Down payment include ttl and first payment. Tax rate is 4.5 percent and zip is 73160. And I also have 10000 dollars upside down on my trade in

Michaell

Jy147147 said:

Hey guys I am wondering I am getting good deals for G70 lease.
19 G70 msrp 45020 dollars
Not sure about mf and other details but
It is 740 a month 12k miles 36 months 3000 dollars down. Down payment include ttl and first payment. Tax rate is 4.5 percent and zip is 73160. And I also have 10000 dollars upside down on my trade in

Do you know the selling price?

What engine?
RWD or AWD?

Did you say $10,000 upside down? That will make any lease deal terrible, by itself; that will add close to $300/mo to any payment.

Any chance you can stick with your current vehicle and try to get that number smaller?

Jy147147

I am not sure about selling price. It is 2.0t rwd. 
I know I have a lot of upside down but I am considering it because I am owner of small business and cpa really recommend to lease a car in order to reduce income tax next year. 

kyfdx

Jy147147 said:

I am not sure about selling price. It is 2.0t rwd. 
I know I have a lot of upside down but I am considering it because I am owner of small business and cpa really recommend to lease a car in order to reduce income tax next year. 

You can’t save $10K on taxes by leasing a car. That won’t come close to making up for the negative equity

Jy147147

Yes I may not be able to save 10k but if I lease a car all the payment can go to expenses. Currently I am driving financed car and it does not help on taxes. Consider I payed 20k income tax for 2018 I need do something

kyfdx

Jy147147 said:

Yes I may not be able to save 10k but if I lease a car all the payment can go to expenses. Currently I am driving financed car and it does not help on taxes. Consider I payed 20k income tax for 2018 I need do something

$8400 in lease payments might save you $2500 in income tax. Taking a $10K loss to do that is just penny wise, pound foolish (you might have to Google that.. )

Jy147147

kyfdx said:

Yes I may not be able to save 10k but if I lease a car all the payment can go to expenses. Currently I am driving financed car and it does not help on taxes. Consider I payed 20k income tax for 2018 I need do something

$8400 in lease payments might save you $2500 in income tax. Taking a $10K loss to do that is just penny wise, pound foolish (you might have to Google that.. )

Thanks for your advice 

Hawks123

Could I please get the MF and RV on a G70 3.3 AWD? zip is 60174.

Michaell

Hawks123 said:

Could I please get the MF and RV on a G70 3.3 AWD? zip is 60174.

36/15
.00007 and 49%
$3000 lease cash