Any one leasing their GT350?

[firestarter2]

Is anyone leasing it? Im debating leasing then buying at the end of the lease. I know it costs a little more but the difference isnt huge.

I have heard one occasion where due to a recall a manufacture wouldnt allow people to buy there leases but aside from there I dont see a huge reason not to due it unless the lease has some absurd interest rate.

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[Minn19]

Is anyone leasing it? Im debating leasing then buying at the end of the lease. I know it costs a little more but the difference isnt huge.

I have heard one occasion where due to a recall a manufacture wouldnt allow people to buy there leases but aside from there I dont see a huge reason not to due it unless the lease has some absurd interest rate.

I guess I didn't see the point. Ford leases suck on their performance cars. It would cost more in the long run and you don't save anything monthly payment wise.

My finance guy ran one for the hell of it and it wasn't good.

 

[dron_jones]

out of curiosity what would the lease payment be? Normally a lease is based on the vehicle estimated depreciation, curious what they are expecting that to be on this car.

 

[nastang87xx]

Umm you can lease a 350...?

 

[swedensky]

Umm you can lease a 350...?

While you can't lease from FoMoCo (Cabwest/HTD Leasing) you can lease any type of car through most nationwide banks: US Bank, Ally being very popular options.

* USBank is actually running an exceptionally low lease rate (0.48% or 0.00020 MF) until the end of July on Mustang GT, and Ally is giving a break on rate also with a 67% residual. Not bad!

 

[Minn19]

out of curiosity what would the lease payment be? Normally a lease is based on the vehicle estimated depreciation, curious what they are expecting that to be on this car.

Umm you can lease a 350...?

I didn't think you could either, but, like I said my finance guy who is also the new car sales manager says you can. Nobody does though because the payment is basically the same and nobody writes them off as a business expense. I guess it would be tough to justify a GT350 as a business expense. But, who knows.

 

[Minn19]

While you can't lease from FoMoCo (Cabwest/HTD Leasing) you can lease any type of car through most nationwide banks: US Bank, Ally being very popular options.

Ah, didn't think about the third party option. That's how, wasn't planning on doing it so I didn't ask any questions and just moved on.

 

[EF300]

I would assume the 3rd party rates would be awful but maybe not. My local credit union is @ 1.99% on 60 months for a loan.

 

[firestarter2]

I see leases on mustangs, i didnt know they wouldnt lease a Gt350 interesting.

 

[bmailpb]

I didn't think you could either, but, like I said my finance guy who is also the new car sales manager says you can. Nobody does though because the payment is basically the same and nobody writes them off as a business expense. I guess it would be tough to justify a GT350 as a business expense. But, who knows.

Mine is written off as a business expense.

 

[firestarter2]

Mine is written off as a business expense.

Do you mind sharing your residual /interest?

 

[Minn19]

I see leases on mustangs, i didnt know they wouldnt lease a Gt350 interesting.

I know they wouldn't lease regular GT Mustangs as of last year.

Mine is written off as a business expense.

Interesting. Do you actually use it for business purposes? Just curious.

 

[Shift]

Interesting. Do you actually use it for business purposes? Just curious.

What kind of question is this? Of course hes going to say yes! Lol

 

[Minn19]

What kind of question is this? Of course hes going to say yes! Lol

I know, I know. I thought maybe with the anonymity of the Internet he would give an answer as to how he is doing it. I should've PMd. Plus, he (or she?) might actually use it for business so really was curious if this is the case.

 

[EF300]

What kind of question is this? Of course hes going to say yes! Lol

Well he definitely has no excuse for being late to work with that car

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