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Yeah I’ve done it but some dealerships I talked to it didn’t match up and everytime I say I did the calculations,they politely tell me it’s just a loan calculator online lol. I know they try to add on a percent for financing but leasing should be a straight number from the leasing company. But I asked for leasing and finance deals and seems like the few dealers I talked to for basically same pricing is different
Dealers can offer different interest rates on leases and the lease price will differ based off a models residual value at end of lease. For example you may get a better lease price on a Denali than an SLT because the residual on a Denali will hold higher value than slt.
It’s a pretty simple calculation, once you get the actual interest rate and total amount being financed. Different dealers may charge different amounts for fees like title, documentation, etc. Once they share with you what those are, the interest rate they think they can get you, and the length of the loan, you should get an answer.
If a loan calculator online can calculate my mortgage then it can calculate a car. They’re messing with the numbers or you’re not inputting all the numbers. A calculator is a calculator
Wow that’s an interesting article. Are we going to see another price hike and decreased inventory? Possibility…
If you guys are paying that much in insurance something is critically wrong.
that's what I am wondering right now used car prices seem to be back to reality at least somewhat but if they strike that's not going to help at all
As others have mentioned, the dealer fees are what make a difference in the figures. When I was shopping the variance was 3-6k between advertised and out the door prices. Then your rate vs their rate makes a difference.
They’re nuts thinking they’ll get 40%.
