Anyone lease a 2005 GT?? What are your payments?

[SPDup]

As the title says, I am curious if anyone has leased an '05 GT yet, if so could you please tell me what you put down and the specs of your lease.

Thanks

 

[bigaloz]

3 years 10,500 miles a year

1,000 down

$417.00 a month

 

[30AnnivStang]

couldn't you have bought if for about that? and that's pretty low mileage.

 

[Darkhorse845]

3 years 10,500 miles a year

1,000 down

$417.00 a month

That's not that many miles and your payment
is skyrocket high! I would have looked some where else!

 

[30AnnivStang]

25000 over 5 years at 3% is something like 449. on a lease, you got screwed.

isn't the entire point of a lease to get the payments down lower?

assuming 50% residual and 3yr lease, they charged you 11% interest, and you have to give it back in 3 years.

 

[drmustang]

lease

That is precisely why dealers love leasing as an alternative to a buy. The customer balks at the buy payment, dealer shows him a slightly lower monthly lease payment and is actually kicking his face in harder.

 

[pricha]

Wow $450 a month for a new stang. Not in Canada. More like $800 a month for a GT with 5K down. Lucky buggers!!!!!!