[maykino]

Hi guys, this week was a little bit of disappointment to me. I finally found the car that I wanted to get however my lease application got denied. I received a very nice offer for a 2014 Ghibli with sports package, 19 inch wheels and navigation. The vehicle price was $78k and the dealership offered it for $67k plus fees ($74k all in). My monthly payment with $5000 down /10k miles supposed to be $780.00 a month. I think it was a pretty sweet deal.

Anyway, I just paid off most of my debt but for some reason it takes time for the agencies to update the score. They said that I qualified for Tier B so I understood that it would be much more than $780 a month so I dropped it.

I want to get the car anyway, I'm not sure if my credit will go up immediately to 700 point to qualify, but I would like to know my options. I was thinking about paying right away for 18 months of lease or something like that. I don't know if it is recommended or not but I can't think of anything else. Do you guys know any other ways of leasing if the credit score is not that good?

thank you

 

[Mangirek]

Hi guys, this week was a little bit of disappointment to me. I finally found the car that I wanted to get however my lease application got denied. I received a very nice offer for a 2014 Ghibli with sports package, 19 inch wheels and navigation. The vehicle price was $78k and the dealership offered it for $67k plus fees ($74k all in). My monthly payment with $5000 down /10k miles supposed to be $780.00 a month. I think it was a pretty sweet deal.

Anyway, I just paid off most of my debt but for some reason it takes time for the agencies to update the score. They said that I qualified for Tier B so I understood that it would be much more than $780 a month so I dropped it.

I want to get the car anyway, I'm not sure if my credit will go up immediately to 700 point to qualify, but I would like to know my options. I was thinking about paying right away for 18 months of lease or something like that. I don't know if it is recommended or not but I can't think of anything else. Do you guys know any other ways of leasing if the credit score is not that good?

thank you

Rethink your options if you like the car a lot bcos the difference between tier S and Tier B may not be as much as you think. Good Luck.

 

[ssipes]

Three options:


Look at doing a One Pay Lease (if this is an option that is financially feasible).

Contact all three credit reporting agencies first thing on Monday morning. Dispute the balances that are being reported to them for the accounts that you just paid off/down. They will contact the creditors and give them 30 days to respond/update the balances, which will increase your score. Yes they have 30 days to do so, but it usually only takes 7-10 days for balance updates to be corrected.

Putnam Leasing, Manhattan Leasing, or another third party leasing company. They will usually require a larger down payment, but they can customize the residual (even down to a $1.00 lease buy out), and also offer longer or shorter terms.

I can put you in contact with someone at Putnam or Manhattan, if you would like to explore them as options.

 

[maykino]

Guys, thank you everyone for all responses. I was able to finally fix my credit and it is around 700 FICO for all reporting agencies so my Enhanced Auto Score should be even higher. However I have another problem right now.

I went back to the dealership and it looks like they don't have that good offers as they had last month. Just to remind I wanted to get a Ghibli with sports package and 20 inch wheels + navigation for $780 all in plus $5000 down. This time ghibli base is much more expensive when it comes to lease and they have better offers for the s q4 version however I think it is a little bit too much for me. The best offer that they made me was for 2014 S Q4 for $820 a month and $8500 down. I think it is a lot. Also it looks like they don't have that many 2014 models left so they are not going to be motivated to sell them for a lower price.

What are my options guys?

 

[Mangirek]

Guys, thank you everyone for all responses. I was able to finally fix my credit and it is around 700 FICO for all reporting agencies so my Enhanced Auto Score should be even higher. However I have another problem right now.

I went back to the dealership and it looks like they don't have that good offers as they had last month. Just to remind I wanted to get a Ghibli with sports package and 20 inch wheels + navigation for $780 all in plus $5000 down. This time ghibli base is much more expensive when it comes to lease and they have better offers for the s q4 version however I think it is a little bit too much for me. The best offer that they made me was for 2014 S Q4 for $820 a month and $8500 down. I think it is a lot. Also it looks like they don't have that many 2014 models left so they are not going to be motivated to sell them for a lower price.

What are my options guys?

That sounds like a lot. Chek out Maserati of Tampa/Reeves, they still have incredible deals and can arrange shipping even across the country and still be cheaper. Check out other dealers too. Congratulations on getting your FICO fixed. Don't give up, you will really enjoy the car. Good luck mate.

 

[sizquik]

Guys, thank you everyone for all responses. I was able to finally fix my credit and it is around 700 FICO for all reporting agencies so my Enhanced Auto Score should be even higher. However I have another problem right now.

I went back to the dealership and it looks like they don't have that good offers as they had last month. Just to remind I wanted to get a Ghibli with sports package and 20 inch wheels + navigation for $780 all in plus $5000 down. This time ghibli base is much more expensive when it comes to lease and they have better offers for the s q4 version however I think it is a little bit too much for me. The best offer that they made me was for 2014 S Q4 for $820 a month and $8500 down. I think it is a lot. Also it looks like they don't have that many 2014 models left so they are not going to be motivated to sell them for a lower price.

What are my options guys?

What is the MSRP of the car's you're looking at? You should be able to knock 15-18K if not more right off the top and start negotiating from there. There are "dealer specials" on S Q4s for 679 per month with zero down. Granted these are base cars but they have a few more bells and whistles than the standard Ghibli.

 

[maykino]

Guys, I'm not sure which price on the quote is the msrp one so here is the quote:

Thank you everyone for helping me with other options. I really appreciate that.

I think that I have to figure out what options I want to get with the car before I contact those dealerships. I enjoy the sq4 version much more than the base so I will try to go for it. It also comes in standard with navigation. Another thing is wheels, I would like to get it with nice rims, not those: NEW Bianco 2015 Maserati Ghibli 4dr Sdn For Sale in Tampa (they are super ugly) preferably something bigger too. I saw one Ghibli with 21 inch rims yesterday and I really liked the way they looked. Is there any other option I should consider?

Thank you!

 

[lucmed]

Michael, consider an aftermarket set of wheels - will cost you much less since many times nice wheels (for a reason) are bundled in "sport/premium/mega/ultra/whatever package" by the manufacturer. There are example of fantastic wheels here on this forum. You can also buy original wheels from the dealer and I bet it would still save you money. You can find basic SQ4 for MSRPs in $78 k range, add wheels you want and save money (if you really looking for navigation and nice rims only).
And on the document you have scanned the MSRP is $88,120.

 

[sizquik]

I would definitely not commit to one dealer. $8500 down seems excessive to me.

 

[Fawad Rehman]

With $5000 down i would say your lease payment should not be more than $650. Please contact Maserati of Germantown MD. GM name is Omar give me ref. or Maserati of Central New Jearsy. both locations has sweet deals.

 

[punksterz626]

With $5000 down i would say your lease payment should not be more than $650. Please contact Maserati of Germantown MD. GM name is Omar give me ref. or Maserati of Central New Jearsy. both locations has sweet deals.

for a 88k car? 650? I would like to see how you calculate that. I must've gotten ripped off. :crying:

 

[Fawad Rehman]

Mine is 79k car, 12k/yr, $2500 down (Including tax title everything) for $650/mo. You should be around $650 ballpark because you are getting 10K miles and $2500 more on down.

 

[Spsesq]

If you can figure out what the $212 difference is, this paper shows you actually paying up front all the costs for tax, title tags, etc. plus the first month's lease payment. If you add all those fees up and add one month you get $8,287.75

 

[maykino]

Thank you very much everyone! I started requesting quotes from multiple dealerships. I already received a call from the one in New Jersey and they were super rude. They were asking tons of stupid questions and then they said that it would be a big loss of their time if they prepare a quote for me and I don't buy it. They also said that I would have to show in person to sign the documents. Is that true?

 

[flamingwicky]

Show up in person to sign the document... are you kidding me... i got my car from Mass. and the dealer send the document by mail with a return envelope. I signed it send it back.. and then just went in to get my car and all done..

By the way do you mind sharing the name of the dealer.. at least people should know about this kind of stupid dealers and avoid them.

 

[maykino]

Show up in person to sign the document... are you kidding me... i got my car from Mass. and the dealer send the document by mail with a return envelope. I signed it send it back.. and then just went in to get my car and all done..

By the way do you mind sharing the name of the dealer.. at least people should know about this kind of stupid dealers and avoid them.

Yea, they were not motivated to sell at all. It was Maserati of Morris County NJ

 

[Fawad Rehman]

Call omar, you will amaze by his customer service. Trust me!.

Omar Stwodah General Manager
Criswell Maserati of Germantown
Criswell Alpha of Germantown
888-294-4614 Toll Free
240-364-7308 Direct
804-304-8933 Cell
19570 Amaranth Drive
Germantown, MD 20874
[email protected]
www.criswellmaserati.com

Thank you very much everyone! I started requesting quotes from multiple dealerships. I already received a call from the one in New Jersey and they were super rude. They were asking tons of stupid questions and then they said that it would be a big loss of their time if they prepare a quote for me and I don't buy it. They also said that I would have to show in person to sign the documents. Is that true?

 

[maykino]

Call omar, you will amaze by his customer service. Trust me!.

Omar Stwodah General Manager
Criswell Maserati of Germantown
Criswell Alpha of Germantown
888-294-4614 Toll Free
240-364-7308 Direct
804-304-8933 Cell
19570 Amaranth Drive
Germantown, MD 20874
[email protected]
www.criswellmaserati.com

I just did. Let's so what they will come up with.

 

[Spsesq]

Call Shimon at World wide. Tell him Steve sent you my lease deal there was great
1-201-926-0926
he sold to a number of people on his forum

Steve

 

[maykino]

Guys, when I called the dealer in Tampa they said they still have 3 2014 basic Ghiblis in stock for $599 a month and all of them have added navigation system. He said that it is like an app or something like that? Do you guys know what he is talking about?