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#1
04-07-2009, 06:35 PM
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Good or bad deal? (for a friend)
7000 miles ***demo*** $287 month (not including tax) $1000 drive off MSRP $36,500 Selling price $30,500 Residual 59% Money Factor .00155 Thoughts?
__________________
----------------------------------------------------------  "When two people agree on everything, one of them is not necessary" - Arliss 
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#3
04-07-2009, 07:31 PM
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I can't get excited about a 328 regardless of the price.
__________________
"What you hear in a great jazz band is the sound of democracy. “The jazz band works best when participation is shaped by intelligent communication.” Harmony happens whenever different parts get to form a whole by means of congruity, concord, symetry, consistency, conformity, correspondence, agreement, accord, unity, consonance……. 
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#5
04-07-2009, 07:36 PM
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assuming that the $1000 is a cap cost reduction and not tax/title/tags/delivery, making the negotiated price 29950, and a 36 month lease and assuming 7% interest, the lease including tax should be approximately $321. So the lease numbers are good, now whether or not it's a good deal? that's up to the buyer.
__________________
You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist.
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#6
04-07-2009, 08:38 PM
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36 months.
It's for a 22 year old girl schoolteacher. But I agree with you Barry. Doesn't excite me either.
__________________
---------------------------------------------------------- "When two people agree on everything, one of them is not necessary" - Arliss
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#7
04-07-2009, 08:41 PM
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Quote:
__________________
---------------------------------------------------------- "When two people agree on everything, one of them is not necessary" - Arliss
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#8
04-07-2009, 09:05 PM
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Quote:
__________________
You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist.
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#9
04-07-2009, 09:08 PM
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plug everything into this calculator, it's the most reliable one that i've found.
Car Lease Calculator — Monthly Lease Payments and Costs
__________________
You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist.
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#10
04-07-2009, 09:39 PM
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BLine,
Not to throw an aerosol can onto the campfire, but 22 yr old teachers must be making some serious 1st or 2nd yr teaching dough on the Left Coast...my third house didn't cost $36Gs, lol! Leasing may be the continuation of "come on cheap credit", imo.
__________________
Ol'UncleMotor From the Home Base of Pro Bono Punditry and 50 Cent Opins... Our Mtn Scenes, Car Pics, and Road Trip Pics on Flickr: http://www.flickr.com/photos/4527537...7627297418250/ http://www.flickr.com/photos/4527537...7627332480833/ http://www.flickr.com/photos/45275375@N00/ My X Page 
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