Car Lease Master Thread

[cozmohoot]

T&C is way better pricing for a lease.
Mechanically,almost anything will be better then a Chrysler.

I meant mechanically. But imo, for a 2 year lease anything will do. Hence the loads of Tandc in bklyn

[jojo-nj]

Anyone ever buy a Nissan damage waiver? How much did you pay?

I was quoted $395 for $5k.

[MisterHock]

I was quoted $395 for $5k.

$549 for 5K from Plaza

[jmjvega]

Any advice on tips on leasing a Q5 or X3?

[HolyNyc]

So here is the breakdown on both leases for 27 month and 39 month lease. Please let me know as soon as possible this deal ends 6/30/2015 and we need to do all paperwork by then. Both deals based upon Tier 1 credit through primary lender and with NON GM lease conquest!
 
27 month lease 10,000 miles per year
$2015.00 down
$119.37 per month
$595.00 bank fee
$819.43 sales tax
$3,548.80 due @ lease signing plus plates!
 
OR
 
39 month lease 10,000 miles per year
$2015.00 down
$99.00 per month
$595.00 bank fee
$741.50 sales tax
$3450.50 due @ lease signing plus plates!
 
 
Please call me so we can review!

just got this quote how does it sound?

[JoeyShmoe]

just got this quote how does it sound?

Is this from a Heimishe place? They usually don't charge anything other than the required fees (reg, plates, tax and bank fee) at signing, so it's usually ~$1500 due at signing.

[HolyNyc]

Is this from a Heimishe place? They usually don't charge anything other than the required fees (reg, plates, tax and bank fee) at signing, so it's usually ~$1500 due at signing.

no its from milea in the bronx
but on the upside the monthly payments are only $99

[JoeyShmoe]

no its from milea in the bronx
but on the upside the monthly payments are only $99

For which car?

[HolyNyc]

For which car?

sorry I missed that, its for the gmc terrain sle

[JoeyShmoe]

sorry I missed that, its for the gmc terrain sle

Dunno anything about that car, but $2015 split into 39 months is $51.66 and split into 27 months is $74.62, so you should probably add that to your total. If you can get a 27 month lease for less than $194/mo or a 39 month lease for less than $150, then that with $0 down would be a better option

[cozmohoot]

no its from milea in the bronx
but on the upside the monthly payments are only $99

Good luck actually getting what a dealer in the Bronx is telling you.

[HolyNyc]

Good luck actually getting what a dealer in the Bronx is telling you.

He changed the terms already...

I apologize didn’t realize it didn’t go through to you, also our email blast showed 39 month lease but it was supposed to read 24 month lease, 39 month lease comes out to be more so it doesn’t pay to do lease that way!
See attached buyers order with other docs to get done and send back to me as soon as you can. Need copy of registration for current NON GM lease, insurance and copy of lease aggreement as well!
 
Again thank you!
 

comes out you split the downpayment over 24 instead of 39...

[ejb123]

He changed the terms already... comes out you split the downpayment over 24 instead of 39...

The risk of putting a lot of money upfront on a lease in order to lower the monthly payment is that if something major happens (c"vs) to your car during the lease term (ie stolen, totaled) your insurance will cover the cost of the car (ie you won't owe anything more on the lease), but you will lose all the money that you put down up front. If you can afford it, the best option to put as little down as possible up front.

[jackofall]

The risk of putting a lot of money upfront on a lease in order to lower the monthly payment is that if something major happens (c"vs) to your car during the lease term (ie stolen, totaled) your insurance will cover the cost of the car (ie you won't owe anything more on the lease), but you will lose all the money that you put down up front. If you can afford it, the best option to put as little down as possible up front.

I don't have experience with this but it makes no sense. Insurance gives you the value of the car regardless of how much you owe (unless you have GAP insurance). If you owe less than the value of the car why wouldn't you be able to keep the difference?

[ejb123]

I don't have experience with this but it makes no sense. Insurance gives you the value of the car regardless of how much you owe (unless you have GAP insurance). If you owe less than the value of the car why wouldn't you be able to keep the difference?

The insurance will cover the remaining lease payments. You don't own the car in a lease. The leasing company owns the car and you are leasing it from them. If you own the car, you are correct that if what you owe is less than the worth of the car, then you can will get the difference. By putting money down on a lease, you are basically pre-paying the lease payments and lose the benefit of the future lower lease payments when the insurance company pays off the remaining lease.

[HolyNyc]

any deals on crossovers?

[HolyNyc]

http://www.citycaddybuickgmc.net/VehicleSearchResults?model=SRX&priceRange=-2147483648:2147483647&search=new&make=Cadillac&yearRange=-2147483648:2147483647&pageNumber=1&visitedVD=true

dealer loaner car $289 / mo. 27 month $0 down plus tax

[mileagejunkie]

Looking to lease a car, really can't decide which but for now my eyes are set on the new Mercedes CLA.
Can anyone recommend some good and rather honest leasing company in the NY Metro Area? (tristate is fine too) I'm sure it has been mentioned upthread but it's quite a read.
This would be my first lease and I would like to shop around since I'm not familiar with the process.

[joed25]

Looking to lease a car, really can't decide which but for now my eyes are set on the new Mercedes CLA.
Can anyone recommend some good and rather honest leasing company in the NY Metro Area? (tristate is fine too) I'm sure it has been mentioned upthread but it's quite a read.
This would be my first lease and I would like to shop around since I'm not familiar with the process.

JM Legend Leasing: +1 (718) 621-2277
I used him a few times. Joey Matalon. Great guy and VERY honest.

[sammy n]

iLease