Quote:
Originally Posted by Lrscpa
Seems that folk here are getting 10% off on new cars.
I leased an "executive car" with 6700 mi and got 26% off MSRP. An executive car is similar to a loaner except that it's driven by dealer staff for a few months. What that also means is if you lease, the depreciation charge is lessened significantly, since the residual on the lease is based on MSRP.
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You can no longer get good deals on demo/loaner/executive Vehicles over 5,000 miles. You get penalized on the residual and lose new car rebates.