Epic November Deals Wrap-Up (Equinox, Highlander, 3-series, Q50, Charger, Ghibli, MINI) (Expired)
Deals can get pretty amazing this time of year, and for 2016, it's no exception. Here's a wrap up of some of the lease deals shared by readers on Leasehackr Forum. These deals likely represent best case scenarios; as they say, your mileage may vary.
2017 Chevrolet Equinox ($153/month)
Our thoughts: We've covered Equinox before (A Chevy Equinox Lease Is Now Cheaper Than An Equinox Gym Membership), and the current lame duck model continues to be an excellent deal. The upcoming 2018 model is a considerably better car, but expect to pay more as well.
2016 Toyota Highlander XLE AWD ($272/month)
Our thoughts: We've also covered Highlander before; here's an example when everything goes right. Note that Toyota programs are highly regional and that MSDs are not available in certain areas. That said, residuals on Highlander are excellent across the country. Here's another example in NJ.
2016 BMW 3-series ($301/month)
Our thoughts: BMW's bread and butter, the 3-series, has always been an excellent car to lease thanks to solid residual values and availability of BMW FS's Multiple Security Deposit (MSD) program. Here's another example (lucky guy found a 6-speed manual car) from Southern California.
2016 INFINITI Q50 ($323/month)
Our thoughts: INFINITI's Q50 has always leased well since its inception. The program is only okay (50% residual and .00009 MF for a 39/10K lease of 2016 Q50 3.0t Premium), but folks are reporting selling prices upwards of 20% off MSRP in Southern California. There's a lot of dealer cash on the hood.
2017 Maserati Ghibli ($542/Month)
Our thoughts: Not too long ago, Maseratis were considered exotics in the US—with prices to match. But now with supported lease programs (thank you, FCA) and ambitious growth targets, you can lease a Ghibli or Quattroporte for reasonable money. Who needs German build quality when you can have Italian-Canadian soul and passion!
2016 Dodge Charger SXT AWD Plus ($300/Month)
Our thoughts: We don't cover FCA vehicles too often; their programs and incentives can be confusing, as you have the option of dealing with different lenders (US Bank and Chrysler Capital). That said, folks on Leasehackr Forum are reporting all sorts of great deals, including this example through US Bank.
Demo MINIs ($176/month)
MSRP: $28,865 (2016 MINI Cooper S 4-door with 3,780 miles)
Total drive-off: Varies ($0 down + $299 doc fee + DMV + taxes)
Monthly: $176 (plus tax)
Location: South Carolina
Our thoughts: Many folks don't know it, but demo/exec/loaner cars can be leased, too. Combine the large discounts customary of demo cars with MINI's stellar residual values, and you get an excellent deal.