Quote:
Originally Posted by 442DMND
So I went to dealership to complete my lease paperwork. The money factor last time we spoke was .00150 with GM finance for a 2016. Dealer told me only one available right now for 2017 is .00328 through Ally. My payments went up from $615 to $703/mo for a lease. I'm thinking of walking away but then it's the exact car I wanted. I don't know what to do.
Here is the complete details:
$1840 out of pocket
$703/mo
36 mo 10k miles
.00328 money factor, 64% residual
MSRP $47,000
Gross cap cost $44,500
How bad am I getting ripped off over here, guys?
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Why not finance it instead? Would get a better deal I feel. Unless you prefer to lease a vehicle.
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