| Author | Message | ||
| Dave328GTB (Hardtop)
Member Username: Hardtop Post Number: 400 Registered: 1-2002 |
Our local dealer says maser is now givingthem cash incentives to clear 2002's. Seems like they are not hot items. Like Fred says, 1.45/mile in costs before taxes, insurance, service and gas seems like a lot for a car that costs 88K at the start. Dave | ||
| Fred (I Luv 4REs) (Iluv4res)
Member Username: Iluv4res Post Number: 307 Registered: 8-2002 |
Tom, you are correct. | ||
| TomD (Tifosi)
Intermediate Member Username: Tifosi Post Number: 2427 Registered: 9-2001 |
Fred The lease is really not much different than leasing a 2003 MB S500 in terms of numbers - you prob can do a little better with the MB. Any high end car suffers from severe depreciation - you got to pay to play | ||
| Fred (I Luv 4REs) (Iluv4res)
Member Username: Iluv4res Post Number: 306 Registered: 8-2002 |
Wow. $10k up front and 48 payments of $1k each!! That's paying $58k! 10k miles x 4 years = 40k miles. Equals $1.45/mile The other thing that strikes me is that $7.8k down isn't even enough to cover the depreciation from driving it off the lot! You're upsidedown from the start. Not my cup of tea. | ||
| TomD (Tifosi)
Intermediate Member Username: Tifosi Post Number: 2422 Registered: 9-2001 |
well that is good for you and bad for them, thats called subvention and makes the lease more affordabe for you now - don't worry they are still making money  | ||
| Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 3714 Registered: 5-2001 |
In 48 mos this car will not be worth the $39K residual. What are they dreaming off? | ||
| TomD (Tifosi)
Intermediate Member Username: Tifosi Post Number: 2419 Registered: 9-2001 |
I know a few have been asking about maser leases - I finnally saw one today advertised in the paper 2002 coupe gt with skyhook and xenon (cost 88k) 7.8k down 700 aquisition fee 1k security 999 first month 10508 up front 999 a month for 48 months 39k residual 10k miles a year |