Leasing Question
#1
Racer
Thread Starter
Leasing Question
I am actively engaged in a search for a 991S. I found a car I like at the local dealer and the price is good. The dealer is offering .0022 for the MF. Seems a tad high although I spoke to a couple of other dealers and their MFs were higher. Any feedback on that? I had searched this topic here and it seems that the base rate is .0020 but that could be dated information. The rate difference only makes about $20 per month difference so I am thinking I should take the deal, pick the car up tomorrow and enjoy.
Also, I am considering using a lease broke. I had done this before and had good results however the guy I used is retired. I contacted the Leasing Outlet. Does anyone have any experience with them or can provide other recommendations?
Thanks,
Chris
Also, I am considering using a lease broke. I had done this before and had good results however the guy I used is retired. I contacted the Leasing Outlet. Does anyone have any experience with them or can provide other recommendations?
Thanks,
Chris
#2
I am signing lease 14th Feb on 2014 C4S already agreed the lease and I got MF of .0020 your credit worthiness can affect the MF rate they quote you but if your credit is >740 you should be getting base rate. Residual on C2S seems to be 72% and C4S is 70%
#3
Racer
Thread Starter
Thanks for the reply. MY credit score is well above 740 so it looks like they are padding the MF. Frustrating thing the other dealers I talked to are doing the same thing.
#4
Don't get frustrated. Just tell them that you're willing to sign a lease with them but the MF must be 0.020 and not a decimal point higher. Send emails to dealers in a widening radius from where you live and make the same offer. Don't ask them what they're giving. Tell them what you're willing to pay.
#5
Racer
Thread Starter
Success! I found a dealer who would give me .0020 at the same discount. Went back to the local guy and they matched it. Pick the car up tomorrow at noon!