Help: Leasing a new/used car

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Old Nov 14, 2012 | 02:58 PM
  #41  
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Originally Posted by oonowindoo
When the sign and drive deal is gone, it probably would take 1-2 hours just to negotiate to this deal from MSRP.

It is a $25,000 car, there is only so much room in there for negotiation compare to ... $50,000 car.

Also it is a GTi, not a regular golf. I am even surprised they include GTi in this sign and drive promo.

Usually those "unique" models are never included in any Promo. Such as MS3, M3, M5, G37 IPL, AMG, GTi, ISF and etc...
ALL the cars are part of the event I believe...I remember years ago I looked at a R32 when the event was happening.

Its the question of what is the money factor and APR of those higher end models that dont typically have the lease deals.
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Old Nov 14, 2012 | 03:17 PM
  #42  
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Originally Posted by Sarlacc
ALL the cars are part of the event I believe...I remember years ago I looked at a R32 when the event was happening.

Its the question of what is the money factor and APR of those higher end models that dont typically have the lease deals.
APR.....let's not get ahead of ourselves yet. Once he gets the GTI, he can then contact APR to get a flash done.


oh wait....you mean the other APR.....not the APR performance company.

Never mind.

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Old Nov 14, 2012 | 03:21 PM
  #43  
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Old Nov 14, 2012 | 03:29 PM
  #44  
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Old Nov 14, 2012 | 04:30 PM
  #45  
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Do you have to have very high credit score to get these promotion deal approved?
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Old Nov 14, 2012 | 05:18 PM
  #46  
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Originally Posted by JS + MS3
Do you have to have very high credit score to get these promotion deal approved?
in So cal. anything over 700 should be enough for tier 1.

If you have payment history (your MS3 and never late paid) you should be ok.
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Old Nov 14, 2012 | 05:50 PM
  #47  
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Originally Posted by oonowindoo
in So cal. anything over 700 should be enough for tier 1.

If you have payment history (your MS3 and never late paid) you should be ok.
Great. Thanks.
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Old Nov 14, 2012 | 09:34 PM
  #48  
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sooo, any update?
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Old Nov 15, 2012 | 11:44 AM
  #49  
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Went to the dealership.

Test drove the one with Navi/6MT/Moonroof/Xenon light.

The drive off amount is about the same around $370, but the monthly payment was like $350 which is about 35 bucks more than the base model.

The saleguy said these rate is good up to 30th of this month. I told him I'll get back to him later and left the dealership. I couldn't wait to drive my car after the test drive. haha

Anyway, I'm going to try to put my car up for sale and see what I can get from it. And at the same time, I think I can going to shop around to see if there's any good promotion on other cars.

If anyone knows about good lease deal for this month or next month, please let me know!
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Old Nov 15, 2012 | 02:16 PM
  #50  
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Originally Posted by JS + MS3
Went to the dealership.

Test drove the one with Navi/6MT/Moonroof/Xenon light.

The drive off amount is about the same around $370, but the monthly payment was like $350 which is about 35 bucks more than the base model.

The saleguy said these rate is good up to 30th of this month. I told him I'll get back to him later and left the dealership. I couldn't wait to drive my car after the test drive. haha

Anyway, I'm going to try to put my car up for sale and see what I can get from it. And at the same time, I think I can going to shop around to see if there's any good promotion on other cars.

If anyone knows about good lease deal for this month or next month, please let me know!
If you are changing cars for financial purposes, then you have to realize that you are gonna have to make compromises.

For $300 a month with $370 drive off. You are not gonna find many "better" All around cars than GTi.
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Old Nov 15, 2012 | 04:12 PM
  #51  
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Originally Posted by oonowindoo
If you are changing cars for financial purposes, then you have to realize that you are gonna have to make compromises.

For $300 a month with $370 drive off. You are not gonna find many "better" All around cars than GTi.
Yeah, I do realize that. Was just saying.

It's a great deal on a nice car, that's for sure.
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Old Nov 15, 2012 | 06:56 PM
  #52  
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If you are looking at hatchbacks I would definitely check out the new Ford Focus ST
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Old Nov 18, 2012 | 08:07 AM
  #53  
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Hey dude...I responded to your PM last night. It's been a bit hectic lately post Hurricane Sandy, with many people who lost their cars in the storm and in need of a new one quickly.

Anywho, there are many options you have out there, but here's my quick

Whatever figures I am giving you I can't 100% confirm because programs very by region, so even if a maker is advertising the deal on their site for the general public, the parameters might be different by region, who knows...

The only '12 Accords around by me now are loaded EX-L+ V6 models, and no matter how much dealer cash is on it, is still over $300 with not more than$ $1k DAS (total out of pocket - or due at signing). With that said, avoid the '13 Accord because the lease programs are utilized with Honda's standard lease rate, and although they can be had for around invoice now, still doesn't work out as good as the $500-2,000 below cost that an Acccord can be had on a good day (and when dealers have a ton in stock and Honda decides to catch up to Toyota In the numbers race by pushing the programs). Honda Civic? Meh.

Toyota has some decent deals on the Camry. A bit for a newlywed, but check out the SE Sport Limited Edition. The lease can surely be had for high 2's if not around 3 with minimal DAS. Nicer car than a base Camry, too.

Hyundai Sonata/Kia Optima can be had for under 3, but if you want the nicer options, you'll spend in the low 3's.

VW has their winter end of year promo now, and they are pushing sales. Problems, you're focused on a car they VW isn't interested in pushing, so although the lease program isn't bad on a GTI, it isn't great either. A Jetta SE with convenience and sunroof can easily be had for under $300 with some spare change with just the bank fee and DMV fees DAS. Same thing goes for a Passat SE with sunroof, which is similarly priced. From a car guys stand point, I HATE that 2.5 motor, it has decent power, but I hate that 5 cylinder drone. Ever considered a CC? Now THAT is a nice looking car. For a Sport model with (LED/Xenon) Lighting package or even a Sport plus (includes nav, and is like $15/month more) you can pick one up for about $300 if not just over 3 with not more than $1k DAS. Programs vary from 36/39/42, but I'm told only the 36/42 month programs qualify for the $0 1st month promo, which means you can spend for 36 months a little over 3, or go longer for 42 and be closer to 3. Prepaid maintenance also!

Acura has good deals, but very limited under 300. MAYBE a base ILX.

How about the new Ford Fusion? You won't get a fancied up model for under 3, but you might be able to get something basic for 3 or less. Very sharp car, though!

The new Nissan Altima has decent programs, but the only cars in your range would most likely be the S, and maybe the SV. Drives great, but design is a little boring for my taste. It's like someone in a karaoke bar singing a song, it may sound great, but doesn't sound quite like the original, so you have that second thought...that's my comparison of the Altima to it's bigger brother, which Nissan is trying so hard to make it look like. Just looks like a poorly styled Maxima wannabe.

Forget about leasing a used car. With such good deals on new cars, you won't ever find a better deal on something used anymore.

I could go on and on, but I have a busy day ahead of me!

You could always get a car from me and make it a road trip if you don't want to deal with the dealership hassle/bs/nonsense!
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Old Nov 20, 2012 | 11:27 PM
  #54  
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Just checked my credit for the first time in my life. haha

It's around 730. Is it pretty good?

Is it good enough to qualify for these promotion deals?
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Old Nov 20, 2012 | 11:36 PM
  #55  
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You have what is considered perfect credit...you wont have any issues...welcome to the club
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