OSUGT Posted February 1, 2007 Report Share Posted February 1, 2007 Check this out. Most of these people are screwed, but there are some deals to be found. http://www.leasetrader.com Would you pimp an 03 Escalade for 179/mo for 4 months? Quote Link to comment Share on other sites More sharing options...
John Bruh Posted February 1, 2007 Report Share Posted February 1, 2007 a lot of these people are FUCKED. just look at some payments, you can see who had bad credit or put 0 down. Quote Link to comment Share on other sites More sharing options...
Nitrousbird Posted February 2, 2007 Report Share Posted February 2, 2007 I found a couple good deals on there (after incentive money, of course). 05 quad cab Tundra V8 for $195/month for 14 months with a ton of miles left on the lease. Found an 06 w/ less miles but 22 months for 205. 03 Escalade SUV w/ 4 months left on the lease for $179/month. 05 Volvo S60R turbo for 10 months at $243, but only get about 300 miles/month left on the lease. 03 Saab 9-3 Ragtop, decent mileage, only @258 for 10 months. 06 Impala SS w/ plenty of miles for $283/month for 10 months. 04 RX8 w/ tons of miles and 15 months at $299/month. But man did I see some high priced leases on there as well! Quote Link to comment Share on other sites More sharing options...
John Bruh Posted February 2, 2007 Report Share Posted February 2, 2007 06 Impala SS w/ plenty of miles for $283/month for 10 months. i just sold an 07, guy put down 5grand, i think he got 0% intrest, and bought it for $400@ 60 months. but thats a great deal on a lease! Quote Link to comment Share on other sites More sharing options...
Lustalbert Posted February 2, 2007 Report Share Posted February 2, 2007 2005 BMW X5 4.8i Exterior: Silver Interior: Black Months Remaining: 20 $1,282.60 per month Miami, FL How fucking upside down do you need to be on your trade in to end up with that payment? Quote Link to comment Share on other sites More sharing options...
Ziggy1647545504 Posted February 2, 2007 Report Share Posted February 2, 2007 Found an '05 tC with 31k miles and 18 months left for a net pymt of $62.19/month. Anyone wanna road trip to Florida? Quote Link to comment Share on other sites More sharing options...
John Bruh Posted February 2, 2007 Report Share Posted February 2, 2007 2005 BMW X5 4.8i Exterior: Silver Interior: Black Months Remaining: 20 $1,282.60 per month Miami, FL How fucking upside down do you need to be on your trade in to end up with that payment? its actually fucking easy, he probably paid sticker for his last car and had about 10-20g neg (200-500 payment increase because of negative alone). i had a guy that had 23grand neg. he was FUCKED! Quote Link to comment Share on other sites More sharing options...
OSUGT Posted February 2, 2007 Author Report Share Posted February 2, 2007 2005 BMW X5 4.8i Exterior: Silver Interior: Black Months Remaining: 20 $1,282.60 per month Miami, FL How fucking upside down do you need to be on your trade in to end up with that payment? It's pretty tough to roll alot of negative equity into a lease. Most banks or manufacturers will not residualize much over sticker. I just think he bought a high dollar vehicle,maybe a shorter term lease, probably got hosed on the rate, probabaly paid a HUGE security deposit, put little money down and was on his way. Quote Link to comment Share on other sites More sharing options...
John Bruh Posted February 2, 2007 Report Share Posted February 2, 2007 It's pretty tough to roll alot of negative equity into a lease. Most banks or manufacturers will not residualize much over sticker. I just think he bought a high dollar vehicle,maybe a shorter term lease, probably got hosed on the rate, probabaly paid a HUGE security deposit, put little money down and was on his way. actually some banks will loan you 140% of what the vehicle actually costs, then add tax and title, and fees. its pretty simply if you looking at a 40grand suv you can roll 16g negative into it. Quote Link to comment Share on other sites More sharing options...
OSUGT Posted February 2, 2007 Author Report Share Posted February 2, 2007 actually some banks will loan you 140% of what the vehicle actually costs, then add tax and title, and fees. its pretty simply if you looking at a 40grand suv you can roll 16g negative into it. I'm familiar with advance guidelines on a buy. Leasing is a different animal. Since the banks give you a specific residual on a specific vehicle, they will not residualize 16k of YOUR negative equity. You will make the lease payments on the new vehicle on top of paying off ALL the neg. equity in the desired lease term. Sorry if we weren't on the same page. Quote Link to comment Share on other sites More sharing options...
HAOLE Posted February 2, 2007 Report Share Posted February 2, 2007 I always buy used! My suburban was about 45k new I bought 2 years old for less than half. Quote Link to comment Share on other sites More sharing options...
snredrum Posted February 3, 2007 Report Share Posted February 3, 2007 http://www.swapalease.com is another site like that. Quote Link to comment Share on other sites More sharing options...
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