Lease good/bad pricing
Rhiannon04
20778Posts: 2
2020 Aviator Reserve MSRP $73,620 Price $68,818: 10k down Deposit, tax, title & tags. Money factor 5.47, lease $799. Credit score 828. Is this good or bad?
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Michaell
ColoradoPosts: 150,640
I wouldn't start any lease with $10K out of pocket.That doesn't change the cost of the lease, and you risk losing that money if the car were stolen or totaled.Rhiannon04 said:2020 Aviator Reserve MSRP $73,620 Price $68,818: 10k down Deposit, tax, title & tags. Money factor 5.47, lease $799. Credit score 828. Is this good or bad?
What lease term and how many miles per year?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 ALL45
Answers
52% residual
$800 lease cash
2% on the APR is a GIANT markup.
That is adding about $80/mo to the payment.
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator