Carrera GT lease numbers inside!
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From: Carlsbad
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I have been working on jump starting cars. After doing some cost comparision analysis I've come to the conclusion that the only way I'm going to get one is to steal it. The risk of a few years as some guy's "friend" in prision is worth it......
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Registered User
Joined: Jul 2003
Posts: 6,325
From: Michigan
Rep Power: 334
Originally posted by 20C4S
i guess u can see my point of view. leasing company is killing those cars thurs the buyers. what make sense? none. only downside buying it cash is the state sales tax. at least u own it & don't have to worry about payment & residual value. i'd say make sense if lease it for a short period of time otherwise if one plan to keep it for the entire term then leasing is not the way to go.
i guess u can see my point of view. leasing company is killing those cars thurs the buyers. what make sense? none. only downside buying it cash is the state sales tax. at least u own it & don't have to worry about payment & residual value. i'd say make sense if lease it for a short period of time otherwise if one plan to keep it for the entire term then leasing is not the way to go.
When are you getting yours?
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Joined: Jun 2004
Posts: 391
From: Potomac, MD
Rep Power: 37
Originally posted by 20C4S
leasing company is killing those cars thurs the buyers. what make sense? none. only downside buying it cash is the state sales tax. at least u own it & don't have to worry about payment & residual value. i
leasing company is killing those cars thurs the buyers. what make sense? none. only downside buying it cash is the state sales tax. at least u own it & don't have to worry about payment & residual value. i
Naaah. Buy it for cash in Delaware, no state tax! I'll be titling my cars there shortly
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Joined: Mar 2005
Posts: 601
From: Los Angeles
Rep Power: 50
It would be helpful if you did a lease that made sense. The numbers on that one look like a chase deal. There residual is way out of line. I just helped 2 of my buddies do leases on their CGTs and we did it as follows
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
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Registered User
Joined: Jul 2003
Posts: 6,325
From: Michigan
Rep Power: 334
Originally posted by Mattnunez
It would be helpful if you did a lease that made sense. The numbers on that one look like a chase deal. There residual is way out of line. I just helped 2 of my buddies do leases on their CGTs and we did it as follows
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
It would be helpful if you did a lease that made sense. The numbers on that one look like a chase deal. There residual is way out of line. I just helped 2 of my buddies do leases on their CGTs and we did it as follows
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
Registered User
Joined: Mar 2004
Posts: 1,732
From: in my prime
Rep Power: 92
Originally posted by Mattnunez
It would be helpful if you did a lease that made sense. The numbers on that one look like a chase deal. There residual is way out of line. I just helped 2 of my buddies do leases on their CGTs and we did it as follows
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
It would be helpful if you did a lease that made sense. The numbers on that one look like a chase deal. There residual is way out of line. I just helped 2 of my buddies do leases on their CGTs and we did it as follows
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
Registered User
Joined: Jul 2005
Posts: 2,136
From: Baltimore Suburbs
Rep Power: 110
Fortunately for those who buy the CGT the entire cost is likely just a rounding error on their bank statement.
Sadly for me, i think id have a heart attack if my account was missing that 400k.
Sadly for me, i think id have a heart attack if my account was missing that 400k.
Registered User
Joined: Dec 2003
Posts: 303
From: Cary, NC
Rep Power: 35
Originally posted by Mattnunez
It would be helpful if you did a lease that made sense. The numbers on that one look like a chase deal. There residual is way out of line. I just helped 2 of my buddies do leases on their CGTs and we did it as follows
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
It would be helpful if you did a lease that made sense. The numbers on that one look like a chase deal. There residual is way out of line. I just helped 2 of my buddies do leases on their CGTs and we did it as follows
Purchase Price $431,000.00
Total Drive $ 50,000.00
Finance Amount$ 399561.93
Down Payment $ 31,438.07
initial months
rent 1st & last $ 11,308.00
Ca Sales tax
@7.75% $ 3,358.93
DMV $ 3,300.00
Acquisition $ 595.00
Purchase Option is $185,000.00 after 60 months.
The tax benefit is good for write off and depreciation.
