Re: The new Ford GT
bluelines:There is no magic to these lease deals. At the end of the lease term the car has a calculated market value which has to be equal or higher than the book value.
I guess RC's demonstrator was 20% less below MSRP, since he is an amazing negotiator, which leaves us at 170k. The initial payment was at least 10%, but probably more, to get the monthly rate down. I take a stab at 15% which leaves us at 145k. Then a monthly rate 800 for 48 months including interest. Residual around 110k?
RC has paid 60k to rent a car which is owned by Audi leasing. As he said, it cost him a 718 Boxster with some options.
If you start at MSRP 220k the deal will look quite different since you have another 50k to finance.
Put like that is is actually an ok deal but not fantastic... Both my Ferraris cost me less than that for longer periods, and the AM cost $80k but for 10 years (without financing). On the other end $60k is a bargain compared to high end Cayennes and Panameras.