Quote:
Originally Posted by Cougar85
That's NOT right!
$3500 of that was a cash "down payment" as he called it, but nothing more than a cap cost reduction to get his payments down. So, he's at $9500 which is a lot more realistic. By the way, down payments, or whatever you want to call them, are NOT a good idea on a lease.
You need to be careful, do the math, and make sure you're not expecting too much...
I could give my dealer $25k to get my payments down. Does that mean I got $35k off the MSRP...
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That $3,500 you are referring to is in the form of rebates, not cash that I paid to the dealer. The dealer discounted $9,500 and another $3,500 in rebates. So $13,500 plus my down payment of an additional $3,500 brings a total cap reduction of $17,000.