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  • 2005 - 2014 S-197 Mustang -General/Talk-
  • 2005 - 2009 Specific Tech

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

  • Thread starter Thread starter SPDup
  • Start date Start date Nov 21, 2004
S

SPDup

New Member
May 26, 2003
1
0
0
Nov 21, 2004
#1
  • Nov 21, 2004
  • #1
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
 
B

bigaloz

New Member
Nov 11, 2004
50
0
0
New Jersey
Nov 22, 2004
#2
  • Nov 22, 2004
  • #2
3 years 10,500 miles a year

1,000 down

$417.00 a month
 

30AnnivStang

Founding Member
Jul 25, 2001
853
1
18
Mauldin , SC
Nov 22, 2004
#3
  • Nov 22, 2004
  • #3
couldn't you have bought if for about that? and that's pretty low mileage.
 
D

Darkhorse845

Banned
Nov 17, 2004
101
0
0
Las Vegas,Nevada
Nov 22, 2004
#4
  • Nov 22, 2004
  • #4
bigaloz said:
3 years 10,500 miles a year

1,000 down

$417.00 a month
Click to expand...
That's not that many miles and your payment
is skyrocket high! I would have looked some where else!
 

30AnnivStang

Founding Member
Jul 25, 2001
853
1
18
Mauldin , SC
Nov 22, 2004
#5
  • Nov 22, 2004
  • #5
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.
 
D

drmustang

New Member
Nov 20, 2004
84
0
0
Nov 22, 2004
#6
  • Nov 22, 2004
  • #6
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

Founding Member
Jun 6, 2000
466
0
16
St.Catharines,Ontario,Canada
Nov 22, 2004
#7
  • Nov 22, 2004
  • #7
Wow $450 a month for a new stang. Not in Canada. More like $800 a month for a GT with 5K down. Lucky buggers!!!!!!
 
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