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192 messages,  Last post on Aug 30, 2008 at 10:03 AM

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What is this discussion about? Car Leasing, Car Financing


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#137 of 192
Re: humm... [jlawrence01] by qbrozen
Mar 05, 2007 (7:43 am)
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Replying to: jlawrence01 (Mar 04, 2007 12:47 pm)

mazda3 has a $179 deal going on now. $2k down, but only 27 months. pretty good.
#138 of 192
Re: humm... [qbrozen] by jlawrence01
Mar 05, 2007 (8:49 am)
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Replying to: qbrozen (Mar 05, 2007 7:43 am)

Hyundai had a $179 yesterday of a Hyundai Sonata GLS for 30k/ 30 months in the Chciago Tribune ... but was pretty week on all the details. Unlike the usual mousetype, they said "call the dealer for details."
#139 of 192
Re: humm... [jlawrence01] by kyfdx HOST
Mar 05, 2007 (8:57 am)
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Replying to: jlawrence01 (Mar 05, 2007 8:49 am)

The one that was in the Cincinnati Enquirer was for $139/mo., with $999 due at signing, which includes the first payment..
 
30m/30K miles...
 
The fine print was fairly well detailed... Unless they try to throw in $500-$700 of miscellaneous fees (which is always possible), that would put you around $167/mo.+tax, with about $300 due at signing (real world)..
 
If I were shopping for a fairly base Sonata, I wouldn't pass that deal up...
#140 of 192
Re: humm... [jlawrence01] by qbrozen
Mar 05, 2007 (8:57 am)
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Replying to: jlawrence01 (Mar 05, 2007 8:49 am)

oh, yeah, should have pointed out the mazda deal is 27mos/27k.
 
Its something like $2100 down. it is on the mazda website. Seems like all mazdas have some sort of lease deal right now.
#141 of 192
Re: humm... [kyfdx] by jlawrence01
Mar 05, 2007 (10:54 am)
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Replying to: kyfdx (Mar 05, 2007 8:57 am)

I looked at the local dealership website (Rosen Hyundai) and they were advertising $99/mo for 30 mo 30k miles and $1299 at signing ... that works out to something like
14.3 cents per mile.
 
That would NOT be a bad deal as most of the Toyota Corolla rentals (oops, I mean leases) are 22.5 cents per mile.
 
If I were in Cincinnati, I would grab the deal. However, in Chicago, if I were to change jobs, my commute could easily go from 22 miles/day to 90 miles/day and I would face a large mileage charge.
#142 of 192
Sigh by plekto
Mar 05, 2007 (5:55 pm)
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Here I rot( I mean live) in Los Angeles.
 
$99 a month - I'd be the first person in the door before their manager got wind of their screwup.
#143 of 192
Re: humm... [jlawrence01] by jasmith52
Mar 06, 2007 (7:34 am)
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Replying to: jlawrence01 (Mar 05, 2007 10:54 am)

That Rosen Hyundai lease is just a teaser (screamer) ad to generate showroom traffic. Some lucky guy will get it.
 
But when you go in, the deal will be different. Maybe you'll get $99 a month but have to put $6k down. Or maybe you'll only have to put $1299 down but the payment will be $179/month.
 
The only ads worth really looking at are the corporate ads from the OEMs. Those deals can usually be found.
#144 of 192
Re: humm... [jasmith52] by jlawrence01
Mar 06, 2007 (11:12 am)
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Replying to: jasmith52 (Mar 06, 2007 7:34 am)

Find one on the Hyundai website ... all you see are the "See dealer for details."
#145 of 192
Re: humm... [jasmith52] by jeffyscott
Mar 06, 2007 (11:19 am)
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Replying to: jasmith52 (Mar 06, 2007 7:34 am)

You can find the ad on Rosen's website, under "newspaper ads". Footnote mentions aquisition fee and doc fee in addition to the $1299 but does not specify what those amounts are.
 
I thnk they have weak disclosure laws in IL, because here in WI those type of lease ads always specify all costs in the footnotes.
 
Local dealer here (Amato) has sign and drive lease on Sonata advertised at $179 per month and fist month free. So I would guess those other fees add about another $800 or so to the upfront costs, making the $99 lease equivalent to the $179 per month sign and drive.
#146 of 192
Re: humm... [jlawrence01] by exb0
Mar 08, 2007 (9:05 am)
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Replying to: jlawrence01 (Mar 06, 2007 11:12 am)

Here you go:
 
GLS A/T
 
or
 
Lease a 2007 Hyundai Sonata GLS A/T for $199/month* for 30 months, $800 customer cash down plus $2,300 HMFC origination support, and $999 due at signing. See your local dealer for lease details.
 
*The base monthly payment does not include tax, license, registration, options, and the like. This program is effective from March 06, 2007 through April 02, 2007

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