I was at the dealership looking over prices and lease options. The guy was busy so he handed me a sheet of the cars they had. this also included the price which was thousands of dollars cheaper then online. Lets say online its $88,120 the sheet had the listing price of 82,XXX. I don't believe this was the invoice but lets say you sit down and talk them down to what ever price. They are going to tell you you're getting some amazing deal of 13k off! in reality not really.
Heres where it gets interesting i saw a sheet he kept referring to when he wanted to check rates and prices. Ally Auto has a list of the exact rates and true discounts they can give. I only got a quick peak at it when he compared the discounts of the 2014 discounts and the 2015 discounts. it was also interesting when i saw the rate was 0.6 i thought that was a money factor rate, but that was the lease rate 0.6%. i've heard of dealers saying oh you're getting 1.9% or 1.3% which is not bad. this is where the dealer makes their money! Just something to watch out for. of course that 0.6% is for well qualified individuals put it pays to check with your own bank first! If anyone has or can find this packet from ally auto with the rates and deals please share it. anyone armed with this information could save some serious serious money. it was a 1/4inch dealer packet from Ally Auto the leasing company. it has everything in it. if i find it ill make a post.
Heres where it gets interesting i saw a sheet he kept referring to when he wanted to check rates and prices. Ally Auto has a list of the exact rates and true discounts they can give. I only got a quick peak at it when he compared the discounts of the 2014 discounts and the 2015 discounts. it was also interesting when i saw the rate was 0.6 i thought that was a money factor rate, but that was the lease rate 0.6%. i've heard of dealers saying oh you're getting 1.9% or 1.3% which is not bad. this is where the dealer makes their money! Just something to watch out for. of course that 0.6% is for well qualified individuals put it pays to check with your own bank first! If anyone has or can find this packet from ally auto with the rates and deals please share it. anyone armed with this information could save some serious serious money. it was a 1/4inch dealer packet from Ally Auto the leasing company. it has everything in it. if i find it ill make a post.