2016 535GT X-Drive Demo Lease Offer

Answers

• kyfdx Moderator Posts: 236,681

  May 2016

  maxtan95 said:

  My local dealer is running this promo. Is this a good deal?
  
  Demo Lease Offer
  
  Demo Miles 6,328
  
  $499 for 36 Months
  
  Luxury Line/Automatic/Touch Pad Navigation/Premium Package/Cold Weather/Hands-Free BlueTooth/Driver Assistance
  
  Monthly leases of $499 for 36 months
  MSRP $72,770.00
  total lease payments are $17,964.00
  $2995 Down, Excludes tax, title, license, inception, bank fee and registration fees, 1st Month Payment.
  At lease end, lessee will be liable for disposition fee ($350.00),
  excess mileage charges of $0.25 per mile for miles driven in excess of 30,000 miles.
  Based on 10,000 miles per year.
  Lease End Residual $45,115.00
  
  Current sale price $63,998

  .00138 MF and 64% residual (less $1500 or so for the current mileage).
  
  Must be a lower sale price than what they've listed. With a $3000 CAP reduction, it is still around $589/mo., given those parameters.
  
  Be aware, all of those exclusions can add up to a lot of money.
  Also, the 535GT is a car almost no one wants. Which is great, if it's the one you want.
  
  If the deal is accurate, it's a really low price, but by the time you roll the $3000 back in, plus add the $925 acquisition fee, the payment is more like $620/mo.+tax. Which is a good deal on a $72K car with only 1st payment and registration upfront.

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