$500+ Lease cost
#1
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I live in Connecticut and recently called a dealership about the lease cost of a TT. He said the price would be somewhere a little north of $500 per month on a 36 month lease with 15K per year, which sounded pretty lousy. For example, I'm paying $350 per month on a 39 month, 15K per year lease on a Saab 9-3 5 door, which would have only cost about $2,000 less to buy than the TT(the TT would be for my wife). Has anyone out there been quoted a better lease deal? I realize this is a very popular car, but I think I could do better. Thanks.
#5
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I was quoted a money factor of .002999. Based on a Taxable vehicle price of $33,925 with 5.75% sales tax for 36 months (0 down) and a residual of 64% it comes out to $506.15 per month. Same deal for 48 months (59% residual) is $452.43 per month. (technically that money factor is .00301, but it's as close as I could get with the Excite program)
#6
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Your calculations appear to not include sales tax.<br>Using your 0.00301 money factor, I've calulated the following<br>lease payments (based on the residuals posed in this forum)<br>for 15,000 miles, and 12,000 miles (residual +2%)<br>No money down, no acq.fee, plates, etc...<p>Months 15k w/o Tax 12k w/o Tax 15k w/Tax (6%) 12k w/Tax (6%)<br>12 858.22 803.72 909.71 851.95<br>24 584.54 558.31 619.62 591.81<br>27 550.54 527.45 583.57 559.10<br>30 533.42 512.84 565.42 543.61<br>36 506.72 489.91 537.12 519.31<br>39 488.30 472.94 517.59 501.32 <br>42 479.42 465.31 508.19 493.23<br>48 452.14 440.04 479.27 466.45<p>Please note, I'm no car dealer or banker. Just a guy with a spreadsheet.<br>Hope this helps!
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