Is this a good deal??

Comments

• Freethrow28 Member Posts: 4

  July 2023

  Also what would be the residual and MF? Thank you

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• kyfdx Moderator Posts: 262,491

  July 2023

  Freethrow28 said:

  Also what would be the residual and MF? Thank you

  What is your location?
  
  Does the $0 down option mean no cash from you at closing? Or, do you still have to pay first payment, fees, etc.?

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• Freethrow28 Member Posts: 4

  July 2023

  29681. No cash or first month payment. Out the door

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• kyfdx Moderator Posts: 262,491

  July 2023

  Freethrow28 said:

  29681. No cash or first month payment. Out the door

  42/12
  .00091 MF and 49% residual
  $5000 incentive
  
  I'll guess your $7000 incentive includes a loyalty rebate?
  
  The payment calculation is correct, if I add the first payment to the "Balance" in the right-hand column
  
  I assume this is a current lease that you are trading in?
  
  If you think the discount and the trade allowance are fair, it's a pretty good lease program. (with the incentives)

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• Freethrow28 Member Posts: 4

  July 2023

  Trading in my old lease. I should try for more discount. Thank you!!

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• Michaell Moderator Posts: 260,149

  July 2023

  Freethrow28 said:

  Trading in my old lease. I should try for more discount. Thank you!!

  Have you shopped around?

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