Falling S2K Prices
10-29-2001, 10:39 AM
#12
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Originally posted by dsvtec
A dealer had an ad in last weekend's Philadelphia Inquirer for a lease of $299/Month with 'only' $6000 down on a 2001
A dealer had an ad in last weekend's Philadelphia Inquirer for a lease of $299/Month with 'only' $6000 down on a 2001
10-29-2001, 01:09 PM
#14
Originally posted by integrate
holy crapola..unfortunately in California ,there aren't any such deal like these.
holy crapola..unfortunately in California ,there aren't any such deal like these.
This isn't really a deal. I don't know all the particulars, so I took some guesses.
Say the lease is 39 months, MSRP is 32,500, residual % is 70, and the interest rate is 8% (money factor = IR/24). The negotiated price of the car comes out to a little over $33,000. Maybe a better deal then you can get in CA, but still not a "great" deal.
ERIK
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