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  #11  
Old 12-21-2006, 05:24 PM
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That doesn't seem like a super steller deal to me, seems downright regular
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  #12  
Old 12-21-2006, 05:25 PM
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Yeah, I didn't even look at GL's until after I was told it would be 60 to 70 days for an X5.

I hope they get the lease rate thing fixed, because the X5 is a great SAV.

John
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  #13  
Old 12-21-2006, 05:39 PM
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Mind If I ask why your putting money down on a lease? Thats a big no/no if you ask me
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  #14  
Old 12-21-2006, 05:41 PM
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Also, don't know anything about leases, but I remember someone mentioning that you shouldn't have to put anything down on a lease, as that is essentially just money in the dealer's pocket
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Old 12-21-2006, 05:41 PM
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Yupperz no money down!
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  #16  
Old 12-21-2006, 05:42 PM
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read my mind BB
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Old 12-21-2006, 06:00 PM
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Quote:
Originally Posted by x5GuyInLA
Also, don't know anything about leases, but I remember someone mentioning that you shouldn't have to put anything down on a lease, as that is essentially just money in the dealer's pocket
Correct. If a monthly lease price is say $499 and the dealer asks for say $3600 down on a 36 month lease, they basically just jumped your monthly to $599. It's absurd. They'll also try to build the $3600 back into the lease if you object to it, so make sure you agree on the price of the vehicle before you start talking about the financing. Until the final price is agreed, your answer to the salesman about how you want to finance it should always be "i don't know yet, let's just agree on the price".
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Old 12-21-2006, 06:28 PM
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Quote:
Originally Posted by gresch
Correct. If a monthly lease price is say $499 and the dealer asks for say $3600 down on a 36 month lease, they basically just jumped your monthly to $599. It's absurd. They'll also try to build the $3600 back into the lease if you object to it, so make sure you agree on the price of the vehicle before you start talking about the financing. Until the final price is agreed, your answer to the salesman about how you want to finance it should always be "i don't know yet, let's just agree on the price".
thanks gresch
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Old 12-21-2006, 06:34 PM
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Quote:
Originally Posted by gresch
Correct. If a monthly lease price is say $499 and the dealer asks for say $3600 down on a 36 month lease, they basically just jumped your monthly to $599. It's absurd. They'll also try to build the $3600 back into the lease if you object to it, so make sure you agree on the price of the vehicle before you start talking about the financing. Until the final price is agreed, your answer to the salesman about how you want to finance it should always be "i don't know yet, let's just agree on the price".
But couldn't they fiddle with the residual value and money factor to get that $3,600 back into their pocket?
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  #20  
Old 12-21-2006, 07:40 PM
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Quote:
Originally Posted by gresch
Correct. If a monthly lease price is say $499 and the dealer asks for say $3600 down on a 36 month lease, they basically just jumped your monthly to $599. It's absurd. They'll also try to build the $3600 back into the lease if you object to it, so make sure you agree on the price of the vehicle before you start talking about the financing. Until the final price is agreed, your answer to the salesman about how you want to finance it should always be "i don't know yet, let's just agree on the price".
Agreed, we already agreed on price first thing.
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