Lease Deal
08-08-2011, 04:23 PM
#1
Thread Starter
Join Date: Aug 2011
Posts: 17
Lease Deal
I am new to the forum and apologize if this is being posted in the wrong area.
I just closed a deal in Kansas City to lease a 2012 V6 Premium Mustang with the Pony Package and navigation. I am ordering it because they don't have exactly what I want. I am interested if you all think I got a good deal. The terms are 39 mo, 3,500 for a trade and sell price right at 28,500 which makes it 340 per mo.
What do you think?
I just closed a deal in Kansas City to lease a 2012 V6 Premium Mustang with the Pony Package and navigation. I am ordering it because they don't have exactly what I want. I am interested if you all think I got a good deal. The terms are 39 mo, 3,500 for a trade and sell price right at 28,500 which makes it 340 per mo.
What do you think?
08-08-2011, 07:33 PM
#2
5th Gear Member
Join Date: Oct 2009
Location: Oregon
Posts: 2,645
Don't know enough to comment on your actual deal, but wouldn't it have been more prudent to ask that question before you actually closed?
It's kind of like you bought the house, and now you want the appraiser to tell you how much its worth. Seems back asswards
.
It's kind of like you bought the house, and now you want the appraiser to tell you how much its worth. Seems back asswards
.
08-08-2011, 10:22 PM
#5
1st Gear Member
Join Date: Apr 2011
Location: Florida
Posts: 113
Leases are only good if you plan on getting a new car every 3 or 4 years (or 39 months in your case). To go to end of lease and then finance the end of term balance can be a very big expense IMO.
I used to lease my cars because I wanted a new one every 3 years. I would always make it a no money down lease. I am keeping my Mustang so I purchased it instead of leasing it.
I used to lease my cars because I wanted a new one every 3 years. I would always make it a no money down lease. I am keeping my Mustang so I purchased it instead of leasing it.
08-09-2011, 06:31 AM
#7
1st Gear Member
Join Date: Apr 2011
Location: Florida
Posts: 113
I think that really depends on the MOD and weather or not your going to turn it back in at end of lease, or keeping it.
Even if your turning it back in I don't see where true duals would be a problem as long as you didn't use any extreme sounding mufflers, GT takeoffs would be the best bet I think. Also, adding a CAI and tune would be OK as well, you would just replace with original when you turned the car back in. Same with wheels and tires, just keep the ones you took off and put them back on.
Even if your turning it back in I don't see where true duals would be a problem as long as you didn't use any extreme sounding mufflers, GT takeoffs would be the best bet I think. Also, adding a CAI and tune would be OK as well, you would just replace with original when you turned the car back in. Same with wheels and tires, just keep the ones you took off and put them back on.
08-09-2011, 08:54 AM
#8
1st Gear Member
Join Date: Jul 2011
Location: CA
Posts: 89
From what i have discussed with a dealer within the past week this came up when he was talking to me about leases...
You can do cosmetic mods as long as doesnt decrease value. So that means you can tint, wheels, grille, stripes, ext... Pretty much dont screw with engine
You can do cosmetic mods as long as doesnt decrease value. So that means you can tint, wheels, grille, stripes, ext... Pretty much dont screw with engine
08-09-2011, 09:12 AM
#9
Thread Starter
Join Date: Aug 2011
Posts: 17
From what i have discussed with a dealer within the past week this came up when he was talking to me about leases...
You can do cosmetic mods as long as doesnt decrease value. So that means you can tint, wheels, grille, stripes, ext... Pretty much dont screw with engine
You can do cosmetic mods as long as doesnt decrease value. So that means you can tint, wheels, grille, stripes, ext... Pretty much dont screw with engine
I agree it doesn't make sense to lease unless you get a new car every 3-4 years, which I will.
