Is this a good lease deal???

Some questions first:

1. How long of a lease?

2. Is the 500.00 including tax? Remember you pay tax with each payment on a lease.

3. You say 0 down, but it does not look that way, if you have to come with 2100.00. Yes, 500 first payment and 500 security. I assume the MV is motor veh.(tag) fees? If so that should only be around 100.00 bucks or so. So it looks like you are putting down about 1k.

4. What is the cap cost on the lease?

5. What residual are they using.

Once you provide the answer to these questions, I will be able to tell if it is a good deal or not.

In my honest opinion I do not believe it is a good deal.

Here is the Lease deal I go. Now I live in Florida.

Cap Cost 32,300( MSRP was 33,800). Silver Is leather, sun roof,power seats

Payment - 468.72 + tax = 501.53

Down: 500.00 First Payment. 450.00 bank fee (note that this is a fee that is charged by the leasing company, standard) and tag fees which were about 90.00. That was it. No cap reduction.

Residual was 22,646.00.

That was it out the door. No other junk fees.

Note, your credit rating has a lot to do with how good of a money factor you will get on your lease.

It sounds to me like the dealer you are working with is padding the costs big time with those fluff fees. You can do better.

Let me know how it works out.