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Originally Posted by Thescout13
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Originally Posted by hurleymlh
Scout,
Thank you for your valuable info and guidance. I am looking to lease a 228 coupe that I will need to order. Options include Msport, Lighting, Moonroof and upgrade paint. MSRP comes to 38,500
What kind of sale price do you think I will be able to negotiate this down to? Money factor and residual I have been given for 36/12 is .00129 and 61%. Is this accurate?
I am in Ohio and only like putting down first month payment at signing - no cap cost reduction or any other form of down payment. What do you think a competitive monthly would be under these terms? Thanks again
Michelle
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For an ordered car you are probably looking at 36,500-37,000 final price with everything included fees etc.
With basically nothing due at signing your payments should be right around: $472 a month including tax. They are giving you a hell of a deal on money factor and residual because usually for 36/12 the money factor is .0013 and residual is .59 (yes 36 months has been lower than or equally to 39 months). At 39 months it will be slightly cheaper |
They aren't giving him a "hell of a deal", those are the standard lease rates for March, FYI.