Hey! My lease is up on my AWD 18 gt2 and I’m looking at getting into an AWD 21 gt1 to reduce my payment while retaining the things I love about this car. I am currently paying $615/mo on a loaded up gt2 and put nothing down. The 21 I’m looking at is coming back at $600/mo nothing down. Did I get a deal on the 2 or is the 1 too high? It’s a 10k mile 36 mon lease. Any input? I feel like I should be able to get this car for mid 5’s??
AWD Gt1 lease payment / 0 down
- Thread starter dyers78
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stasek
Active Member
As you know, the leases on the Stingers are nothing to write home about. What kind of a dealer discount (pre-incentive) are you getting? ALSO - have you considered selling the GT2 to Carvana/Vroom/Carmax/ETC... instead of turning it in? Considering current used car market, you might just make some $$$ by selling the car instead of turning it in.
OhioStateStinger
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Ignore the payment for a moment.
What is the dealer price before rebates?
Add in the lease rebates
What is the trade in value you are getting for your 18 GT2? As stasek mentioned above. Check out Carvana/Carmax/Vroom before agreeing to a price with the dealer.
Validate you are not getting robbed through extra fees.
Then an only then can you tell if your new payment is a reasonable one.
What is the dealer price before rebates?
Add in the lease rebates
What is the trade in value you are getting for your 18 GT2? As stasek mentioned above. Check out Carvana/Carmax/Vroom before agreeing to a price with the dealer.
Validate you are not getting robbed through extra fees.
Then an only then can you tell if your new payment is a reasonable one.
______________________________
I’m actually trading thecar in vs. giving it back. I am netting a $3k check but am not intending to put that money down. So I think that can be removed from the conversation. Normally on my leases, I toss the keys back and walk away but this has some equity in it. My residual is 27,500 and trade value is about 33k. I have two remaining payments to cover yet.
I am waiting to see the numbers as the dealer had to track a car down and are going to bring it to the lot so I have not seen the exact pricing. Why do you mention that leases on these are nothing to write home about. I felt like the lease was pretty decent, no?
I am waiting to see the numbers as the dealer had to track a car down and are going to bring it to the lot so I have not seen the exact pricing. Why do you mention that leases on these are nothing to write home about. I felt like the lease was pretty decent, no?
From interior to exterior to high performance - everything you need for your Stinger awaits you...
For anyone interested. I walked out with a $0 down GT1 AWD 36/10 lease with payments of $575
I traded the GT 2 in with 21,000 miles and they gave me 33k. Payoff was about 28,600 and change. Dealer said they had to use about 700 of the trade to get the payments where I wanted them but who knows...they probably pocketed it.
Just a reference for anyone in a similar boat. Rebate was 3800 and mf was .00116 on 52%
I traded the GT 2 in with 21,000 miles and they gave me 33k. Payoff was about 28,600 and change. Dealer said they had to use about 700 of the trade to get the payments where I wanted them but who knows...they probably pocketed it.
Just a reference for anyone in a similar boat. Rebate was 3800 and mf was .00116 on 52%
