Is this a good lease deal??

allibrown9allibrown9 Member Posts: 10
edited September 2019 in Lexus
Lexus GX 460, captain chairs + technology package / 36m/10k miles, $3k down
$57,983 MSRP
$51,933 cap cost
$499 doc fee
CT 6.35% taxes
$541/month lease

Comments

  • MichaellMichaell Moderator Posts: 218,290

    Lexus GX 460, captain chairs + technology package / 36m/10k miles, $3k down
    $57,983 MSRP
    $51,933 cap cost
    $499 doc fee
    CT 6.35% taxes
    $541/month lease

    Is it $3000 total out of pocket, or $3000 plus fees and taxes?

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  • allibrown9allibrown9 Member Posts: 10
    $3,000 total out of pocket including first month, taxes etc
  • MichaellMichaell Moderator Posts: 218,290

    $3,000 total out of pocket including first month, taxes etc

    Relative to MSRP, that's a pretty good payment.

    Though, I'd take the higher payment and roll everything but the first payment and registration costs into it, to reduce your out of pocket to less than $1000

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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • allibrown9allibrown9 Member Posts: 10
    Just found out they are baking into the $3K down payment, 1st month, taxes, vin etch fee ($199), CT registration ($200) and acquisition fee ($795), I'm going to get them to take off that bogus Vin Etch fee. Can I also negotiate acq fee too, since they are also charging me a $499 doc fee!?
    Ugh hate these shady dealers...
  • allibrown9allibrown9 Member Posts: 10
    Michaell said:

    $3,000 total out of pocket including first month, taxes etc

    Relative to MSRP, that's a pretty good payment.

    Though, I'd take the higher payment and roll everything but the first payment and registration costs into it, to reduce your out of pocket to less than $1000
    Just found out they are baking into the $3K down payment, 1st month, taxes, vin etch fee ($199), CT registration ($200) and acquisition fee ($795), I'm going to get them to take off that bogus Vin Etch fee. Can I also negotiate acq fee too, since they are also charging me a $499 doc fee!?
    Ugh hate these shady dealers...
  • MichaellMichaell Moderator Posts: 218,290

    Michaell said:

    $3,000 total out of pocket including first month, taxes etc

    Relative to MSRP, that's a pretty good payment.

    Though, I'd take the higher payment and roll everything but the first payment and registration costs into it, to reduce your out of pocket to less than $1000
    Just found out they are baking into the $3K down payment, 1st month, taxes, vin etch fee ($199), CT registration ($200) and acquisition fee ($795), I'm going to get them to take off that bogus Vin Etch fee. Can I also negotiate acq fee too, since they are also charging me a $499 doc fee!?
    Ugh hate these shady dealers...
    Acquisition fee is mandataory, and can't be negotiated out.

    Better to get a lower selling price to offset the doc and vin etch fee.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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