Whatever model is included in the program. You pay only the taxes, registration, conveyance and GAP Insurance(the total comes to approxinmately $2000.00. You receive a check for whatever the lease payments will total for one full year. You use taht money to pay the monthly payments(no additional money out of pocket). You are allowed up to 12,000 miles for the year(no more than that). You can turn the car in as long as there is no damage and you can get a brand new car again for the same deal. You have to have perfect dredit.
My question is: How the heck is this possible? How does the dealer make enough money to cover this?
2007-03-26
03:46:58
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2 answers
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asked by
cando1117
1
in
Cars & Transportation
➔ Buying & Selling
I just went with my sister on Saturday and she turned in her 1 year old car. She was charged no additional costs. She put up the approx. $2000.00 for a new 2007 model. They ran her credit and we drove home the brand new car. last year she got a check for 12 months leasing cost which she paid on time and now she'll get the check for this years on the new car cost. This dealer has been around forever and guaranteed that she can do this every year as long as she stays under 12000 miles. I can't believe it either. I was sure they were gonna pull a fast one but they didn't.
2007-03-26
04:30:10 ·
update #1