Why Lease 100K Cars?
The simple answer is that you lease 100K cars because you can. Most of us don’t care to have a monthly payment that is bigger than our mortgage. For example, a $125,000 car on a 7% loan for 60 months is $2,475.00. A $400,000 home on a 30-year mortgage at 4.5% interest is $2,026.74; nearly $500 cheaper! It makes sense to lease 100K cars if you want the pinnacle of luxury or performance and you want it for substantially less money. The Car Lease ratings on 100K automobiles usually have significantly worse LVRs (Bang-for-Buck) value. Don’t let this scare you away. It simply means there is a whole more wiggle room for negotiations. You get the idea, now let’s take a look at this month’s top website offers on some of the world’s most, infamous, exotic, 100K-and-up automobiles.
Month of March 100K Car Leases
Rank | Vehicle | Trim | Payment | Down | MSRP | Average Payment | Term | LVR Rating |
---|---|---|---|---|---|---|---|---|
1 | 2019 BMW i8 Roadster | i8 | 1,589.00 | 8,514.00 | 166,795.00 | 1,825.50 | 36 | 1.09% |
2 | 2019 Maserati GranTurismo | Sport | 1,295.00 | 9,999.00 | 136,475.00 | 1,572.75 | 36 | 1.15% |
3 | 2019 BMW M760i xDrive | M760i | 1,839.00 | 8,264.00 | 159,395.00 | 2,068.56 | 36 | 1.30% |
4 | 2019 Maserati Quattroporte | S | 1,165.00 | 9,999.00 | 109,675.00 | 1,442.75 | 36 | 1.32% |
5 | 2018 Lexus LX | 500 | 1,169.00 | 5,999.00 | 101,094.00 | 1,335.64 | 36 | 1.32% |
6 | 2019 Porsche 911 | Carrera | 1,299.00 | 9,819.00 | 110,150.00 | 1,571.75 | 36 | 1.43% |
7 | 2018 Mercedes AMG GT | C | 2,129.00 | 9,923.00 | 157,995.00 | 2,404.64 | 36 | 1.52% |
8 | 2019 BMW 8 Series | M850i xDrive | 1,549.00 | 7,974.00 | 114,595.00 | 1,770.50 | 36 | 1.55% |
9 | 2019 Mercedes S | 560 | 1,539.00 | 8,833.00 | 110,345.00 | 1,784.36 | 36 | 1.62% |
There are no outstanding deals this month on cars in this price range. In fact, there is nothing that would even be rated above average for a regular car. But remember, the advertised website lease specials are only a starting point. With payments in the $2,500 range, there is obvious some room for these dealers to negotiate.
100K Cars Require some Negotiation Skills
Let’s face it, $100,000 is a fairly large chunk of cash even for some of the most wealthy. It’s not that people in this income category cannot afford to plop down $100,000 cash or make the higher monthly payment on a loan purchase of around $2,000. The point is that car enthusiasts in this market are not going to necessarily want to keep the same car for very long. 100K Cars are made with one goal in mind: To give the driver the best of the best whether it’s speed or unmatched luxury, technology and features. Unfortunately, it is difficult to find cars in this price range with publicly published lease offers. It is not difficult to understand why when you give this matter some thought. 100k cars simply have much more dollar signs at stake. The different negotiation factors of Cap Cost, Residual Value, and Money Factor can literally mean tens of thousands of dollars profit for the car dealer. The last thing a dealer can afford to do is leave that kind of money on the table. Still, there are a few deals which are published each month on cars in this price range. This month’s 100K Cars lease offers range from effective monthly payments between $1,335.64 to $2,404.64. This only illustrates that there is an enormous opportunity for negotiating with the dealer in cars in this price range.