eyedrop wrote: ↑
Fri May 14, 2021 11:29 am
I found a new 2020 SL Plus with 12 miles selling for an advertisement price of 32k. Dealer says I can get it for only $30k if I lease.
I told the salesman I drive a ton, 30k miles a year and he said leasing would still be a better option for me vs buying cash.
The dealer doesn’t know it yet, but I will ultimately be trading in my 2017 S550 for it, which is valued at $ 38k.
I plan on using the fed tax credit to its fullest extent.
How should I go about this purchase? Lease vs cash vs finance?
Your post is a bit vague. The prices stated is your negotiated price? So you lease @ 30K this does or does not include your "cash" payment (which is the federal credit plus any Nissan cash?) or not?
The reason I ask is on a 2021, it would be a great deal. On a 2020, it would be an average deal. The purchase of 32k means another $7500 in tax credits should you have that much liability. These are things you need to clarify.
Otherwise, I would look at what your financing options are. Sounds like you can easily afford zero interest 72 month terms on a purchase. This I think would be your best bet. If lower payments are better for you, then do a lease to purchase. Instant fed credit means only slightly more total on payments but payments would be less.
2011 SL; 44,598 mi, 87% SOH. 2013 S; 44,840 mi, 91% SOH. 2016 S30; 29,413 mi, 99% SOH. 2018 S; 25,185 mi, SOH 92.23%. 2019 S Plus; 19,653 mi, 93.47% SOH
My Blog; http://daveinolywa.blogspot.com
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