- #12 of 52
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Re: 2007 offer [mrmister2000]
by bimmer_girl
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Jan 12, 2007 (5:30 am)
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Replying to: dodo2 (Jan 12, 2007 4:59 am)
Thanks so much for the reply mrmister, In fact the down payment was $1500 and I apply for the Education Edge discount, so I only have to pay $1000 down, and $295/month. It is a 2wd, as I live in Houston and have no need for a 4wd. I am pretty sure I'm getting a good deal, because I've done the calculators myself but they ALWAYS overestimate the monthly payment. I think I'm going to get this car Saturday. Probably have to order it as no one seems to have the navi equipped models on their lot, and especially not in black/black.
Excited!!! 
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- #13 of 52
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Re: 2007 offer [dodo2]
by mrmister2000
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Jan 12, 2007 (5:54 pm)
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Replying to: dodo2 (Jan 12, 2007 4:59 am)
I'm not sure what the current lease rates are, either. Since the info has been hard to come by and the only leasing offer that I am aware of is the one on the Mitsu site for an ES model, I have long been using that as a starting point to try and estimate what my own leasing payments would be (using the difference in MSRP between that model and the MSRP of the model/options that I would like to have). Doing this acheived results similar to those I had previously come to when plugging random, estimated numbers into various 3rd party leasing calculators.
Since I pretty much want the same vehicle config as Bimmergirl, only in 4WD instead of 2WD, I suppose that means that whatever the current leasing rates, I could expect to see an additional $50 or so per month added to my payment, in addition to what had been quoted to Bimmergirl.
It's still less of a monthly payment than I had been expecting, so I still see it as promising. 
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- #14 of 52
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Re: 2007 offer [mrmister2000]
by bimmer_girl
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Jan 12, 2007 (7:20 pm)
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Replying to: mrmister2000 (Jan 12, 2007 5:54 pm)
Now, the dealer i have been working with this on informed me today that the payment would now be "over $300/mo" because that offer was for LAST saturday. Naturally, i said this was bullshit and i would be taking my business elsewhere. Today, I contacted 3 other Mitsu dealers in my area (houston is a big city) and only one has said that he thinks $297 is an achievable goal with rebates and incentives right now, and with $1500 down. Now if i could just get my hands on a black on black within 500 miles but they are just too hard to come by. Might have to be white.
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- #15 of 52
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another offer
by bimmer_girl
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Jan 14, 2007 (4:23 pm)
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An update. Tomorrow I am leasing with a dealer here in my area on a black on black FULLY LOADED XLS Outlander, Sun & Sound - Luxury - Navigation, for invoice price...36 months, $1500 down, $289/month!
Hot damn. I'm excited.
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- #16 of 52
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Re: another offer [bimmer_girl]
by mrmister2000
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Jan 14, 2007 (8:57 pm)
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Replying to: bimmer_girl (Jan 14, 2007 4:23 pm)
Congrats! It sounds like the other dealership started to get wind of the fact that you "really, really" wanted this truck and had thought that they could get away with jacking up the price. Way to stick to your guns!
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- #17 of 52
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Re: another offer [bimmer_girl]
by mrmister2000
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Jan 14, 2007 (9:13 pm)
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Replying to: bimmer_girl (Jan 14, 2007 4:23 pm)
I had forgot to ask this earlier. I'm pretty sure that I already know the answer to this is, but I just figured that I'd ask to be sure. The $289/month price is the leasing price BEFORE adding for sales taxes, right? That's what I'm thinking... so after having added sales taxes in to the monthly cost it then becomes somewhere around $307/month, or so, right? That is, unless you are electing to pay the full sales tax up front, in which case the monthly cost really would be $289/month?
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- #18 of 52
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Re: another offer [mrmister2000]
by bimmer_girl
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Jan 15, 2007 (5:27 am)
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Replying to: mrmister2000 (Jan 14, 2007 9:13 pm)
Exactly. I think I'm going to pay the tax up front because eventually I'm going to medical school and I want to keep my monthly payment low during that time. So while I'm working full time, I'm gonna pay off the down pmt and tax up front. Wish me luck!!
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- #19 of 52
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Re: another offer [bimmer_girl]
by mrmister2000
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Jan 15, 2007 (5:57 pm)
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Replying to: bimmer_girl (Jan 15, 2007 5:27 am)
I'm wondering how if paying the entire tax up-front would affect a situation such as the vehicle being totaled while still under lease? (I know, not exactly something that is fun to think about, but something that is still useful to know.)
What I mean is, is it a bad idea to pay the entire sales tax amount up front for the same reason that it is bad to make a larger down payment than is necessary up front? If the vehicle gets totalled and the entire tax amount had been paid up-front, is the person entitled to a refund of the taxes paid for the months that the vehicle was no longer in the person's possession due to it having been totalled (and if so, does the person have to wait all the way until tax time at the end of the year to get this tax money back?)... or does having paid the entire tax amount up-front leave the person at a loss similar as to like with a larger down payment having been made, in that the insurance company covers whatever balance is still owed and whatever costs had been paid by the lessee up that point never gets recovered?
Does anyone here with leasing experience possibly know the answer to this rather confusing question? Thanks in advance!
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- #20 of 52
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Re: taxes on the lease [mictra]
by ryce69
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Jan 16, 2007 (12:22 pm)
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Replying to: mictra (Jan 11, 2007 8:57 am)
Different states,counties and cities compute sales tax differently.Some states charge sales tax on the selling price of the vehicle ,some states tax the payment as you mentioned above.Some cities will also impose additional taxes on the payment after the state takes its cut.
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- #21 of 52
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Re: another offer [mrmister2000]
by ryce69
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Jan 16, 2007 (12:53 pm)
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Replying to: mrmister2000 (Jan 14, 2007 8:57 pm)
Actually what it sounds like is she went to the original dealer on 12/30 and was quoted figures based on the month of December.Then she returned in January and was quoted figures based on the current month.It is NOT, in her words "bullshit".Many manufacturers change their offers and deals from month to month depending on how they want to spend their money.A monthly payment can vary $10 to $20 if a money factor or residual is changed(and yes this can all happen without the dealer jacking up the price)..There absolutely are some horrible Dealers out there but it is Not always their fault.
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