So I go into the dealership to "look at the numbers" before signing any paperwork today. SURPRISE!!! They're way higher than what I had calculated.
Here's what they're telling me:
MSRP $48,480
Dealer discount $2,000
Dodge Rebate $1,000
Vehicle/Identity Theft Registration $387.50 (WTF???)
Fees $589.41
12k/year lease, 53% residual, $1,000 down = $670/month (WTF???)
When I calculated the payment based on the money factor davewg posted in another thread (.0065), plus monthly sales tax with no cash out of pocket I was just under $600/month.
Am I crazy here or is someone trying to hose me? (Of course they are.)
When he first laid the numbers in front of me, I almost laughed out loud. The monthly payment with $1,000 down was over $700/month! I told him nope, that's not right, he did the "Hmm, let me take a look" routine, and came out with the revised monthly payment of $660-670 (Why two prices? I didn't even ask.) And that was still with $1,000 down.
Tell me I'm not crazy to expect a sub (if just barely) $600 monthly lease payment with zero down?
As for the "Identity Theft Registration" fee of $387.50, he said the dealership does that to all their vehicles. I don't want it, I didn't ask for it, I shouldn't have to pay for it, right?
Unfortunately they have my $1,000 deposit from when I placed the factory order, so I can't just walk out the door (though I'm not going to get scammed either).
HELP!!!
Here's what they're telling me:
MSRP $48,480
Dealer discount $2,000
Dodge Rebate $1,000
Vehicle/Identity Theft Registration $387.50 (WTF???)
Fees $589.41
12k/year lease, 53% residual, $1,000 down = $670/month (WTF???)
When I calculated the payment based on the money factor davewg posted in another thread (.0065), plus monthly sales tax with no cash out of pocket I was just under $600/month.
Am I crazy here or is someone trying to hose me? (Of course they are.)
When he first laid the numbers in front of me, I almost laughed out loud. The monthly payment with $1,000 down was over $700/month! I told him nope, that's not right, he did the "Hmm, let me take a look" routine, and came out with the revised monthly payment of $660-670 (Why two prices? I didn't even ask.) And that was still with $1,000 down.
Tell me I'm not crazy to expect a sub (if just barely) $600 monthly lease payment with zero down?
As for the "Identity Theft Registration" fee of $387.50, he said the dealership does that to all their vehicles. I don't want it, I didn't ask for it, I shouldn't have to pay for it, right?
Unfortunately they have my $1,000 deposit from when I placed the factory order, so I can't just walk out the door (though I'm not going to get scammed either).
HELP!!!
