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Is this a reasonable lease deal '05 545?

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Old 12-15-2004, 12:11 PM
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05 545 with sport, prem, cold, nav, shades, sat prep, folding seats, 6speed, comfort seats. Car has to be ordered. MSRP is $66,800. They didn't go lower on price of car.

Deal is 36 mo/12k mi./ 62% residual/ MF.00165, 0 down. Lease inception fee is like $500, term fee is about $350. Monthly is $978 with taxes. My tax rate is 7%.


Thanks in advance,
Scott
Old 12-15-2004, 12:44 PM
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Originally Posted by soma' date='Dec 15 2004, 02:11 PM
05 545 with sport, prem, cold, nav, shades, sat prep, folding seats, 6speed, comfort seats. Car has to be ordered. MSRP is $66,800. They didn't go lower on price of car.

Deal is 36 mo/12k mi./ 62% residual/ MF.00165, 0 down. Lease inception fee is like $500, term fee is about $350.? Monthly is $978 with taxes. My tax rate is 7%.


Thanks in advance,
Scott
[snapback]69430[/snapback]
Welcome to the forum. As soon as I read they wouldn't go lower that MSRP I stopped. Where are you located?
Old 12-15-2004, 01:21 PM
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Welcome aboard, soma !
Old 12-15-2004, 01:24 PM
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welcome aboard, soma !
Old 12-15-2004, 01:25 PM
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Cincinnati
Old 12-15-2004, 01:27 PM
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Should I bail, ask for $ off MSRP, or just do it???
Old 12-15-2004, 01:34 PM
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Originally Posted by soma' date='Dec 15 2004, 11:25 PM
Cincinnati
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For further answering of questions please add your location, at least USA, to your profile.
Old 12-15-2004, 03:19 PM
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Are you serious? While I don't know your market, its not a reasonable deal. You should be able to get an attractive discount off of MSRP. Are you willing to pay MSRP to buy the car? If no, you shouldn't be leasing it at that price either. The dealer is also inflating the money factor by a 1%, the max they are able to do. The base rate is 3%.

I think you need to do some research on the car's pricing as well as the finer points of leasing.
Old 12-15-2004, 03:30 PM
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They are giving these cars away. My car was 65 or 66 msrp. i Got it for like 61k.

Im in NYC.
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