my cts caddy lease is coming to an end. right now the deals on a new cts are way too much for me. id like to stay in an entry level luxury car but hoping to stay under $300 if possible with little or nothing down. any brands or suggestions or deals you know of. I want to have a good idea before I go into a dealership and deal with them. thanks for any help.
luxury car? no chance, fantasy world
you may get a nissan altima for under 300 a month no money down and that is probably a streth honda civic, altima, kia, hyundai maybe no luxury car
infiniti q/lexus is/mercedes cla and c/bmw 3/caddy ats all entry level luxury cars all around 500 a month with no money down
I know of a BMW dealership in NJ where if you can give them a 7 month deposit for the lease of the car, the price of the lease will be about 30% or more cheaper. It's a very good deal but you need like 7-10k for the deposit (which you end up getting back at the end of the lease).
BMW is killing themselves to give away 3 series (which is why they're standard issue mid-mgmt cars), so that may be an option. Infiniti has some attractive lease terms on their Q50/60, as well. Acura has cars that fit into the entry level of luxury you could take a look at, as well.
Unfortunately I really like Audi, but am not willing to play their games right now.
I wouldn't expect to hit that $300 with nothing down, though. Maybe if you find a late model year, but even then - you're going to either have $5k down to get to around that point or pony up $400'ish a month.
You could probably get a really favorable deal, but I doubt you'll find it now that we're into October.
Also, those commercials with lease terms are notoriously inaccurate. That rate is for a single car on the lot with no options, and they actually just sold it yesterday. But you really wanted the fully loaded one with navigation and the espresso maker in the glove box right?
35k car with an average residual value of .6 in 3 years. That means your using up $14,000 of the cars value. 35,000 x .4 = $14,000. plus taxes, acquisition fee, registration and dealer fees of at least $2,500. That adds up to $16,500 which you can then divide by 36.
That gets you a payment of $458.
They even gave me the sport 17 inch wheels from the T6.
Car has been great so far. Plenty of power, good but not great fuel economy, amazing seats, glides on the highway and looks sharp.
They recently emailed me with more new offers on the 2014's.
Some luxury brands just don't lease well like audi and BMW. With all their availible options the sales people need to sell them.
Volvo's on the other hand, and VCS (the finance company) make most of their money on leases.
And I would absolutley lease another one.
The brand is at it's zenith right now with the new models. Especially the XC90.
:)
:)
Definitely. And certainly more so than the Acura mentioned earlier in the thread.