Joined

·
7 Posts

But then, the CA told me the residual is 57% on 2017 vs 66% on 2016 model (both for 10k lease). The week before, I was lead to believe the 2017 would be close to 66% also. Can’t imagine paying 9% more for virtually the same vehicle, so I switched gears and closed on a 2016 model.

I think it was a pretty decent deal. Here are the details:

MSRP: $57,025

Invoice: $53,120

Purchase Price: $52,775

Down Payment: $3,000

Payment: $524 (including 7% NJ tax)

Money Factor: .00147 (equates to a 3.53% interest rate)

Residual: 65% (on 12k miles)

After closing the deal they tried to hit me up for after market stuff:

1. Glasscoat - $814

2. Lease Excess wear and tear - $1,095

3. Road Hazard Tire and Wheel Protection – $1,995

4. Ding Shield – $1,095

I told them I’d get back to them. After a little research on the web, I turned them all down.

I'm interested in any comments on my deal/decisions.

Thanks