Quote:
Originally Posted by willha418
Thanks JDD, I think I am starting to get it! Really appreciate you pointing me in the right direction. The deal you got was spectacular.. is that for 12k miles a year?
I plugged in a few figures into an online lease calculator and got the amount for the X monthly.
I am going back and forth with a dealer to get the X as close to invoice as possible. So far its like $1000 above invoice + the $795 Acquisition fee. Going to send out a few more emails to other dealers and see if they can do better.
The MF is set in stone right or is it negotiable? Currently at .00185.
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It was for 15K a year
The base MF is set in stone. What the dealer offers you is not set in stone. In fact dealers make a nice pile of money raising it on you. You need to make sure you get .00185, and not have it go up one tiny blip.
$1000 above invoice is too high. The E70 has been out for a LONG time, and a replacement is coming in 2014. You should get a better deal than that. I got 6.5% off MSRP (which is roughly $320 above invoice)
Also make sure they are giving you the $4,500 eco-credit on top of any other discounts. (when i bought it was only $3,500, so your final deal should be even better than mine)
And make sure they don't charge you stupid fees (doc fee, prep fee, i want a nice lunch fee, etc)