Lease, anyone?

[Iixii]

I was trying to lease and the best one that I got was $389/mo tax-included (36 mos with 12k/yr miles) with $0 drive-off for MSRP+$550 option. I told the salesperson I'm tier 1 customer but didn't give my SSN. I offered $300/mo with $500 drive-off and the dealer didn't give in (I was giving my credit card for the $500 to tell the dealer I'm serious). I went home empty handed. I'm not desperate as this is going to be my toy car.
What are your lease details?

[jstans84]

If you are getting this as a "toy car" why would you lease it instead of buying it?

[Hotlava86]

Originally Posted by jstans84

If you are getting this as a "toy car" why would you lease it instead of buying it?

+1

[D1cker]

With scions there's no negotiation, so the lease deal is the lease deal based on your credit. FWIW I looked at the lease rates on the car when I bought mine as I'm a car salesman by trade, and the money factor on these cars sucks, making a purchase the better way to go

[Iixii]

Why not? I just plan to autoX it ocassionally with no mods. And please only reply with lease details and not what I plan to do with the car.

[apoplexy]

I'm leasing mine, whiteout, about $1500 down, for $356/month. I'm tier 1 as well.

The money factor sucks but the residual was pretty good, iirc, for both 24 and 36 month leases.

I'm leasing because I'm assuming that an sti will be out ~2015 (subaru isn't leasing the brz atm and didn't want to buy a first model year car).

[Hotlava86]

just a note...i bought mine and the payment is only 100 more than that...makes more sense to me...i can put as many miles as i want on it and do what i want to it....just my two cents

[Silp3]

I only leased because it is a first year car on a brand new platform. Also, I knew there was going to be updated models to come with upgraded engines, interiors etc. I got a very good lease rate and I leased the second week the FRS hit the market. Had I not gotten gap insurance, I would have been at $288 a month.

[tric]

$3500 Down With $299/per month. which bloddy sucks compare to you guys. and dont get me started on the insurance... bloddy hell

[Hotlava86]

Originally Posted by tric

$3500 Down With $299/per month. which bloddy sucks compare to you guys. and dont get me started on the insurance... bloddy hell

Are you like 16? I'm 20 about to be 21 next month and full coverage for me is $175 a month!

And i bought mine BECAUSE it's a first year car. I plan to keep it, i'll be giving mine to my fiancee and trading her Mazda3 in for one of the newer models when it happens.

[Yruyur]

Originally Posted by Hotlava86

Are you like 16? I'm 20 about to be 21 next month and full coverage for me is $175 a month!

And i bought mine BECAUSE it's a first year car. I plan to keep it, i'll be giving mine to my fiancee and trading her Mazda3 in for one of the newer models when it happens.

Jesus Christ, I guess it pays to be in my mid 30's. Paying 90 a month for full coverage

Sent from my SCH-I535 using Tapatalk 2

[Turbowned]

The leases on these cars aren't great because they don't have to be. The car is hotter than fire right now! Are leases on sports cars ever that attractive, though? When I worked at Audi, the TT had an abysmal lease deal.

[ruskymx]

I leased mine as well. I did a 36 month, 12k per year lease. The residual when I got mine was $16,698 for a manual. It may have dropped a bit since 6/1, but I haven't checked to be sure. My payment is $315.61 with $1000 out of pocket. My dealership changed their pricing menus, website etc to meet Scion rules so I could get it for invoice.

They money factor kinda sucks at .00210 for Tier 1 and .00200 for Tier 1+ (720+ Experian).

Just because I leased it doesn't stop me from doing mods. I have a Perrin crank pulley, Visconti tune and SRT exhaust so far. If I decide to turn the lease in when it's over, I kept all the stock parts so I could return it to 100% stock. I plan on getting wheels, tires, spoiler, intake and a few other odds and ends as well. Hell, if I had the money, I'd be all over Accelerated's Turbo 300 kit too.

The reason I leased it was because I wanted to have the options a lease provides at the end of the term. If Toyota/Subaru introduce a newer version, STi or TRD etc, in a few years, I may pick one of those up. I have 33 months to decide what I want to do. I may buy it out too, but right now, I'm not sure what I'm going to do. Leasing gives me more flexibility without the larger financial commitment now. I completely understand that it will cost me more in the long run if I do buy it out. That's the cost of providing me the options at the end and to me, it's worth it. It may not be for others.

Ruskymx

[tric]

Originally Posted by Hotlava86

Are you like 16? I'm 20 about to be 21 next month and full coverage for me is $175 a month!

And i bought mine BECAUSE it's a first year car. I plan to keep it, i'll be giving mine to my fiancee and trading her Mazda3 in for one of the newer models when it happens.

Thats Just my lease Payment my insurance is $610 per month. so basically im paying close to $1000/month just to keep this car.. which i love.. beside the fact its NEW YORK after all..