A lease with a buyout price is just another form of financing. In this case, you’re simply deferring the bulk of the cost to the end of the contract.I guess my question was more like why doesn't the dealership just suggest the plan for everyone. Even if they don't offer the whole $7500, they get some extra cash and the customer perhaps buys a car that they otherwise would not have.
Thanks for suggesting this. It seems like a good strategy. I've never leased a car before, so I guess I have some homework to do.
How do you propose I make the deal. Should I say at the outset that I'm looking to lease. Or should I just negotiate price as if I'm looking to pay in cash and then ask about a lease once we've made a deal on price?
Also is there a good resource that says which states this won't work in. It appears that it won't work in TX. I'm in WA. Will it work there?
What matters are the price of the vehicle (tax credits included) and your financing costs. Treat it like a normal negotiation.
That said, you may one to consider going with a one year vehicle. Autotempest shows year EQEs going for 47-50K. The price for a new model is somewhere in the high 70s-80s.
Statistics: Posted by MH2 — Sat May 11, 2024 1:30 am