02-26-2020, 03:03 PM | #1 |
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M8comp GC Lease Rates
Would love to hear what people are paying for these cars;
Was just quoted 2230$ 15k per year, $147,795 MSRP- $3250 down Thoughts? |
02-26-2020, 05:15 PM | #2 |
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seem high. My M8 GC comp is on a boat right now off the coast of mexico, but i have no plans on paying anywhere near that. I did not pre-negotiate nor did I put any type of down payment. M8s are not selling well. In Los Angeles, all the main dealers have had the same number of M8s in stock for the past 6 weeks. I dont think this car is moving well.
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Resjudicata1599.00 |
02-27-2020, 02:48 PM | #3 |
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Only really three factors in your lease payment, money factor, residual and sales price. Residuals are set, get your money factor closer to buy rate and use security deposits to bring the money factor down. But your best way to drop the monthly is a heavy sales price discount.
Every 1000 in sales price is around 30 bucks in payments |
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02-27-2020, 05:02 PM | #4 | |
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Reason is that the dealer has more leverage on those cars as buyers are eager for their new toy to arrive and the waiting game has been on their end. No biggie but the question is if you will walk away if you can't get the discount. Unless it's a crazy build, the car has cost the dealer no money yet unlike the stock cars sitting on the show room floor. Dealer knows you will otherwise have to wait again. Good luck! |
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noushy1650.00 |
02-27-2020, 06:24 PM | #5 | |
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My ideal build comes in around $160K and isn't that commonplace yet (I don't have the patience to build to order). Anyone got lease quotes on something like this? |
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02-27-2020, 06:42 PM | #6 | |
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02-27-2020, 07:05 PM | #7 | ||
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// EDIT: subjectively: I do agree on the CC brakes--too darned expensive to replace and of limited actual use (plus they're appalling when cold). Last edited by limeypride; 02-27-2020 at 08:20 PM.. |
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noushy1650.00 |
02-27-2020, 10:54 PM | #8 | |
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Additionally, I dont think this car is selling well. I don't know about other markets, but there are over 100 M8s within 15 miles of me. Some of the biggest dealers in town have listed the same inventory for weeks with no change. This car is expensive, its not moving well. |
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02-28-2020, 12:14 AM | #9 | |
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And, yes--M8s = 100s of them. M8 Comp GCs... not so much, not at all (20 or less on the ground, more inbound... but they're all white, black or dravit/brands hatch). And to your point: I lost interest in Dravit Gray when I found it everywhere so I figured let's go see it in-person... just OK... and I've never been a fan of Nardo which is what Brands Hatch looks like to me. So while I liked Dravit, I wasn't wowed like I was when I first saw Donington... so I went an entirely different direction that landed me with 3 cars on the ground--placed a deposit on one and finally got it (I think). |
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02-28-2020, 07:17 AM | #10 |
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LP, anticipatory congrats! Think you'll love it.
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limeypride4418.50 |
03-03-2020, 04:44 PM | #11 |
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03-05-2020, 07:34 PM | #12 | |
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03-05-2020, 08:41 PM | #13 | |
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I am pretty certain the MF will drop given the latest developments but so far no change. |
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