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Reply to "No Money Down Lease "
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[quote=Anonymous][quote=Anonymous]OP here. Not about not being able to afford the car. Just doesn’t make a lot of sense to put a ton of money down on a lease. They are asking for minimum of four grand plus tax and title which comes up to over seven grand on 24 month leases. Doesn’t make a lot of sense. Not really sure why folks are putting all his money down on a lease.[/quote] The amount they are putting down is the depreciation + a small percentage for dealer profit. You are basically paying for the largest amount of depreciation - the first 2 years. For other cars like EVs the Fed Credit is throwing in 7500 for certain cars that bring the price down even more. And the manufacturers are going after the market and have some credits as as well. A lot of EVs are not profitable. [/quote]
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