Originally Posted by WMO888
was just told that...
Ally Bank uses an APR which is .45%
Is this good or bad?
That's awesome. That is at the low end of what I was hearing for lease rates.
Sooo... If you were to come to an agreement to lease the Jeep at a purchase price of $30k with the same residual and msrp and blah blah blah
and you were able to get that lease rate... you should be able to get it for $369/mo tax included.
Now, will the dealer make money and make this deal for you? Not sure, depends how much he wants to sell it to you for that.
But like I said, definitely try to get it for at or under $30k and for less than $400/mo tax included without any cap cost reduction.
If you got $369/mo with nothing down besides 1st month title and license that would be a pretty sweet deal.