LexVan

Should have asked for the Sales Manager/GM. What do you need in writting? Leave CC number over the phone. Say, "I'm leaving a $2,000 deposit to by 'XYZ' car at 'ABC' price plus tax". Confirm it with an email on your end. Done.

ranger22

Miami looks bad on 911. Miami looks bad a$$ on GT3.

GrantG

Yep, can always contest the CC charge if they do something dishonest.

drdonger

If you like it, get it. If not there are 20 other people here on RL that will take it. The car looks great in every color imo.

jackmac

Hey guys,
So the sales person got back. Yes it is at MSRP however there is a catch
1) No flipping for 2 years (I have no problem with this)
2) They want you to lease for 8 months before you can buy the vehicle. (Does this even make sense) ?

What you guys think?

Jack

ToasterThief

1. Fine
2. Sounds like there's an ADM.

Turbodan

2) plus PTS is your ADM

cajerseyboy

If you lease you get the full payment as a write off (if that apllies). Pay the entire 8 month lease amount in 2017 and have a nice deduction for your taxes.

What does the 8 months of payments and remaining residual equal? It's going to be over MSRP so whatever that number is is your ADM.

CAlexio

Strippers love flippers

Dr.Bill

Makes some sense. Leasing is generally the most expensive way to drive a vehicle.
They make $$ off the lease.

Palting

Well, there are 2 ways I see that they can get you that effectively will cost more than MSRP.

1. Lease rates. It will definitely be an in-house lease, so they make money off you. If the rates are competitive, then it's a non-issue. If you have the capability to make the lease payments tax deductible, then lease for 2-3 years. Win-win. If, however, the rates are NOT competitive, they they are screwing you in secret.
2. Residual value. Goes along with lease rates, but important enough to mention separately. There MUST be a depreciation value built in to make the leasing worthwhile, significantly less than MSRP. If the residual value is equivalent to the MSRP, then they are attempting to royally screw you in secret.

They are either trying to make some extra money off you honestly if the lease terms are competitive with the average car, or they are hiding the ADM and screwing you with high rates and high residuals.

sampelligrino

A new dealer game....strong arming you into leasing...

These dealers are licking their chops with this car

LexVan

You should counter them. Agreeing to #1 is no big deal. As for #2, tell them that you will finance the car through the dealership instead . Then in six months stroke a big check and pay it off. They can't do anything about that.

* assuming a simple interest loan that you can pay off early.

Jimmy-D

This little deal sounds funky

RUF RS

residual rates are NOT set by the dealership. The big question here is WHAT IS THE FACTOR RATE, for the lease? And is there a penalty for early pay off???? Look at it this way: WHY would they insist that you lease it first...if it was not in their best interest????