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Lease information (how much /month and how much down)?

FutureSTowner

FutureSTowner

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How much are you guys paying for your ST lease and how much are you putting down if any?
 

NWExplorerST

NWExplorerST

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I was quoted around $600 a month with $0 down. But I decided to finance instead.
 

StormTrooper

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NWExplorerST said:
I was quoted around $600 a month with $0 down. But I decided to finance instead.
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How muc did you finance? What were the rest of the terms?
 

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GalenaST

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FatGuyBuilds_YT said:
I don't understand why people lease vehicles....?
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Leasing works great for some people. I actually prefer to lease, I get new cars every 3 years and don't have to worry about negative equity. No surprises. I also find that I enjoy the car more because I'm not overly anal about it because it isn't mine.
 

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GalenaST

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To the OP, if you're interested in leasing go to Edmunds forums and do some research, lease rates and residuals are typically available and you can calculate what a fair payment is.
 

FatGuyBuilds_YT

FatGuyBuilds_YT

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GalenaST said:
Leasing works great for some people. I actually prefer to lease, I get new cars every 3 years and don't have to worry about negative equity. No surprises. I also find that I enjoy the car more because I'm not overly anal about it because it isn't mine.
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do you barely drive then? i drive around 25k miles per year
 

OP
FutureSTowner

FutureSTowner

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NWExplorerST said:
I was quoted around $600 a month with $0 down. But I decided to finance instead.
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is that with excellent credit? i just received a message in the mail for a key for key event and they offer 0% int for 84mths/no payments for 6mths and this dealer will pay my first month up to 750bucs depending on what options and what i qualify for! I am going ot check it out on SATurday, wish me luck for my SPRUCE ST!!
 

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AntD77

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FatGuyBuilds_YT said:
do you barely drive then? i drive around 25k miles per year
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Leasing is an excellent option for people looking to save money monthly, and who don't keep cars for very long. I have 3 vehicles, the Explorer is the only lease, the other two are paid off. We drive the Explorer less than 10,000 miles per year. The 2015 Sport we had only had 24,000 miles on it after 3 years, and the 2018 Sport we have now only has 16,000 on it. Leasing it for us makes sense.

OP, as for lease pricing, here is what I am looking at.

MSRP of $60k, discounted down to $52k, putting $2k down, $639/month for 36 months.
 

K

Kfabiano

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Selling price was around 47-48k before TT&L
3k down
$649 / month for 36 months with 15k per year allowed
 

UNBROKEN

UNBROKEN

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Never put anything down on a lease. It’s wasted money.
 

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Kfabiano

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UNBROKEN said:
Never put anything down on a lease. It’s wasted money.
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My “down payment” went to sales tax, title, registration, dealer fees and lease fees. Didn’t feel like paying monthly for those things
 

Mirage

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Residual value plummets after 3 to 4 years, true bumper to bumper warranty is non-existent after 3 years. Unfortunately, the quality / durability is not in this vehicle for the long haul. I really like this ST, but will return it at or before the 36th month. 1K down $621 for 36 months. $60,360 Sticker
 

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