Alfa Romeo Giulia Forum banner
1 - 20 of 38 Posts

·
Registered
Joined
·
5 Posts
Discussion Starter · #1 · (Edited)
Howdy -

Looking to get into a new Guilia soon enough. I am coming from a 2008 Audi A4 so would probably trade it in, hoping to get in on this Conquest Cash.

The prices around where I live (Seattle) do not seem very competitive, but I would like some feedback on that. For 10k miles, 3k down, 36 m lease I was offered $505 a month for a $49,200 MSRP. Residual seems pretty horrendous.

Now, I'm looking at a Boise dealership where I could get a solid offer before flying/driving out. What I am looking for is a sports package / Ti with the 19-inch wheels, so the price will obviously be more than base.

Would I be able to get this lease price down to $400, or around there? Currently eyeing this car: http://www.alfaromeousaofboise.com/...o-Giulia-010dff3d0a0e0aea7510e2752afc49b9.htm

Thanks!
 

·
Registered
Joined
·
57 Posts
Howdy -

Looking to get into a new Guilia soon enough. I am coming from a 2008 Audi A4 so would probably trade it in, hoping to get in on this Conquest Cash.

The prices around where I live (Seattle) do not seem very competitive, but I would like some feedback on that. For 10k miles, 3k down, 36 m lease I was offered $505 a month for a $49,200 MSRP. Residual seems pretty horrendous.

Now, I'm looking at a Boise dealership where I could get a solid offer before flying/driving out. What I am looking for is a sports package / Ti with the 19-inch wheels, so the price will obviously be more than base.

Would I be able to get this lease price down to $400, or around there? Currently eyeing this car: http://www.alfaromeousaofboise.com/...o-Giulia-010dff3d0a0e0aea7510e2752afc49b9.htm


Thanks!

With Conquest Cash, at a competitive dealer, you should be able to get about $7k off MSRP. From there just run the numbers on lease hacker. Best deals are on 24 month leases. There are three or four other existing threads with lots of lease info.; money factor and residual numbers, etc.
 

·
Registered
Joined
·
241 Posts
Howdy -

Looking to get into a new Guilia soon enough. I am coming from a 2008 Audi A4 so would probably trade it in, hoping to get in on this Conquest Cash.

The prices around where I live (Seattle) do not seem very competitive, but I would like some feedback on that. For 10k miles, 3k down, 36 m lease I was offered $505 a month for a $49,200 MSRP. Residual seems pretty horrendous.

Now, I'm looking at a Boise dealership where I could get a solid offer before flying/driving out. What I am looking for is a sports package / Ti with the 19-inch wheels, so the price will obviously be more than base.

Would I be able to get this lease price down to $400, or around there? Currently eyeing this car: http://www.alfaromeousaofboise.com/...o-Giulia-010dff3d0a0e0aea7510e2752afc49b9.htm

Thanks!
There is nearly zero % chance of getting a $52k Giulia for anywhere near $400/month short of putting a hefty cap cost reduction payment up front (an unwise move).
 

·
Registered
2017 Alfa Romeo Giulia Quadrifoglio
Joined
·
953 Posts
I never understood leasing a car. Paying x sums of money all while you are restricted on how much you can drive it? Its a hard pill to swallow. 10k a year equals to only 27 miles a day!
 

·
Registered
Joined
·
226 Posts
Howdy -

Looking to get into a new Guilia soon enough. I am coming from a 2008 Audi A4 so would probably trade it in, hoping to get in on this Conquest Cash.

The prices around where I live (Seattle) do not seem very competitive, but I would like some feedback on that. For 10k miles, 3k down, 36 m lease I was offered $505 a month for a $49,200 MSRP. Residual seems pretty horrendous.

Now, I'm looking at a Boise dealership where I could get a solid offer before flying/driving out. What I am looking for is a sports package / Ti with the 19-inch wheels, so the price will obviously be more than base.

Would I be able to get this lease price down to $400, or around there? Currently eyeing this car: http://www.alfaromeousaofboise.com/...o-Giulia-010dff3d0a0e0aea7510e2752afc49b9.htm

Thanks!


King: Call Alfa of Tacoma and ask for Matt, the sales manager.. He's no bs and will give you your best deal on the phone. Tell him you talked to Bruce - I bought the first Ti Sport from they sold, on his first day there. Just spoke to him yesterday about a different deal and he mentioned that there was good lease incentives available.

Good luck
 

·
Registered
Joined
·
482 Posts
I never understood leasing a car. Paying x sums of money all while you are restricted on how much you can drive it? Its a hard pill to swallow. 10k a year equals to only 27 miles a day!
Some people don't need to drive that much. Different strokes.
 

·
Registered
2017 Alfa Romeo Giulia Quadrifoglio
Joined
·
953 Posts
Some people don't need to drive that much. Different strokes.
I understand. I just have issues with "restrictions" in general not just limited to car leases LOL. If I am paying for something, I don't want to be restricted on how much I use it and abuse it. :nerd:
 

·
Registered
2019 Rosso Competizione Stelvio Ti Sport Nero Edizione
Joined
·
651 Posts
Lease guy

I understand. I just have issues with "restrictions" in general not just limited to car leases LOL. If I am paying for something, I don't want to be restricted on how much I use it and abuse it. :nerd:
I bought into leasing a long time ago (I think there's a pun in there somewhere), and haven't looked back. I am constantly in the market for my next car, and can't keep a car for more than 3 years. My payments are substantially lower, and I'm always driving a new car. So leasing is the only way to go for a guy like me.
On the issue of mileage restrictions, it's really not that big a deal. In fact, Ally is doing lease deals on Giulias that have no disposition fee, and only 20 cents for each mile you go over your allotted amount. That's the lowest I've ever received on a lease.
 
  • Like
Reactions: Dr. Klopek

·
Registered
Joined
·
482 Posts
My commute to work is under just 4 miles. For me, doing 12k would be a waste. I have a baby at home so we don't get out that much right now, anyway.

To go from 10k to 12k a year runs about $20 more a month in payment. If you do the math, at 20 cents a mile you can still drive 11,200 miles a year before you lose money.
 

·
Registered
Joined
·
241 Posts
I never understood leasing a car. Paying x sums of money all while you are restricted on how much you can drive it? Its a hard pill to swallow. 10k a year equals to only 27 miles a day!
My view is that I don't see a car as an asset or capital purchase. Rather I see it as an operating cost or a utility, like electricity. As such it I try to minimize the cash flow outlays will maximizing my personal enjoyment. That way I can invest the capital in other things that have positive returns. There is also a school of thought that says smart money never buys a depreciating asset rather one should rent them. With very few exceptions any car that is actually driven daily will depreciate. Thus I prefer not to tie my capital up in depreciating asset when I can invest it in one that yields a return.


Obviously owning an Alfa Romeo (or any premium brand car), regardless of whether one is buying or leasing is hardly a decision that has a strong empirically rational basis.
 

·
Registered
2019 Rosso Competizione Stelvio Ti Sport Nero Edizione
Joined
·
651 Posts
Math major

To go from 10k to 12k a year runs about $20 more a month in payment. If you do the math, at 20 cents a mile you can still drive 11,200 miles a year before you lose money.
That is the exact kind of math I do whenever I sign my new lease. 12k per year works out almost perfectly for me. I've always done 36 month leases, and am typically within 1,000 miles - plus or minus - when I turn in my car.
I just turned in an Audi A4 (nice car, but boring) and I had 37,050 miles. I was thrilled when the Alfa dealer quoted me 20 cents per mile, and no disposition fee (typically at least $350). I love driving my Giulia so much, I plan on blowing past my usual 12k per year on this car. But who cares at 20 cents per mile?
 
  • Like
Reactions: Dr. Klopek

·
Registered
2017 Alfa Romeo Giulia Quadrifoglio
Joined
·
953 Posts
My view is that I don't see a car as an asset or capital purchase. Rather I see it as an operating cost or a utility, like electricity. As such it I try to minimize the cash flow outlays will maximizing my personal enjoyment. That way I can invest the capital in other things that have positive returns. There is also a school of thought that says smart money never buys a depreciating asset rather one should rent them. With very few exceptions any car that is actually driven daily will depreciate. Thus I prefer not to tie my capital up in depreciating asset when I can invest it in one that yields a return.


Obviously owning an Alfa Romeo (or any premium brand car), regardless of whether one is buying or leasing is hardly a decision that has a strong empirically rational basis.
But then you are in perpetual "rental" payments on depreciating objects for years instead of "investing" in assets yielding returns. You are losing money. Its always cheaper to purchase if you intend to keep the car longer than 4 years. Once paid off you are no longer making payments which frees up capital to invest and in addition, you have something of value to sell which you can credit against the initial purchase cost. If we were 100% responsible with our money... then we would all be driving 5 year old Toyota Prius paid for in cash.

Ah the never ending topic of Lease vs Purchase... wanted to avoid the discussion lol.
 

·
Registered
2017 Alfa Romeo Giulia Quadrifoglio
Joined
·
953 Posts
That is the exact kind of math I do whenever I sign my new lease. 12k per year works out almost perfectly for me. I've always done 36 month leases, and am typically within 1,000 miles - plus or minus - when I turn in my car.
I just turned in an Audi A4 (nice car, but boring) and I had 37,050 miles. I was thrilled when the Alfa dealer quoted me 20 cents per mile, and no disposition fee (typically at least $350). I love driving my Giulia so much, I plan on blowing past my usual 12k per year on this car. But who cares at 20 cents per mile?
I've never leased a car but people who do are always counting miles... as they should of course. Miles are always in the back of their minds.. adjusting from one month to the next to average out to the allotted miles for the lease term. Reminds me of cell phone minutes/roll over minutes from yesteryear.. you couldn't go over your allotted minutes because you could face huge penalties. So people would prefer to call at night.... or on weekends when it was free but you would watch your call time during the week. Of course you dont worry about that now since we are all probably on unlimited call time minutes... The peace of mind of not worrying about it, on its own, its worth something.
 

·
Registered
2019 Rosso Competizione Stelvio Ti Sport Nero Edizione
Joined
·
651 Posts
... if you intend to keep the car longer than 4 yearsl.
This is the whole ballgame. For me the answer is always "no". I am bored after 2 years, so there is no way I'm keeping a car longer than 4 years.
For the record, however, my wife and I celebrated our 29th anniversary this past weekend. So there are some things that I like to keep around for a long time.
 

·
Registered
2017 Alfa Romeo Giulia Quadrifoglio
Joined
·
953 Posts
This is the whole ballgame. For me the answer is always "no". I am bored after 2 years, so there is no way I'm keeping a car longer than 4 years.
For the record, however, my wife and I celebrated our 29th anniversary this past weekend. So there are some things that I like to keep around for a long time.
Congratulations ChiGuy!! that its an accomplishment! I've been married for 7 and wow! I can only request... write a book man!

LOL...yes.. if you get bored easily... for sure lease is the ONLY way to go.... financials thrown out the window of course. :nerd:
 

·
Registered
2019 Rosso Competizione Stelvio Ti Sport Nero Edizione
Joined
·
651 Posts
Congratulations ChiGuy!! that its an accomplishment! I've been married for 7 and wow! I can only request... write a book man!

LOL...yes.. if you get bored easily... for sure lease is the ONLY way to go.... financials thrown out the window of course.
Thanks! No secret to our success. My wife goes along with whatever car I want!
We went out to dinner in the Rush Street area, one of Chicago's hottest hot spots. The place is exotic car heaven - Maseratis, Bentleys, Ferraris, etc. We had the only Giulia, and it fit right in and was attracting lots of stares in that very rarified company.
 

·
Registered
Joined
·
37 Posts
I calculate the lease based on never purchasing at end of the lease so resisdual is not what I negotiate nor the discount off MSRP. I simply look at the value per dollar I can accomplish and I never put down large sums of money. If it's a 50k car I look for a $500 payment with sign and drive at 15kmi a year as a starting point ($40k car/$400mo/$30k car/$300mo etc). Take all your payments including down payment and get total cost of the lease, then divide by months (Include disposition fees). Now the Alfa is not going to lease as aggressively as a Lexus, Genensis, or Audi due to lack of resale history. My car was 41k MSRP and I leased for $495 with tax and 15kmi a year. Because my last car was upside down I rolled $1000 in negative equity so net was $455 a month, not great but considering it's a new model I was happy. I look as it as I am paying $40 extra a month for the Alfa name brand. Comparison was the Genesis G80 with MSRP of $43k and lease was $434 a month for 15kmi lease, a very nice car and a better deal but I preferred the Alfa.
 

·
Registered
Joined
·
482 Posts
I calculate the lease based on never purchasing at end of the lease so resisdual is not what I negotiate nor the discount off MSRP. I simply look at the value per dollar I can accomplish and I never put down large sums of money. If it's a 50k car I look for a $500 payment with sign and drive at 15kmi a year as a starting point ($40k car/$400mo/$30k car/$300mo etc). Take all your payments including down payment and get total cost of the lease, then divide by months (Include disposition fees). Now the Alfa is not going to lease as aggressively as a Lexus, Genensis, or Audi due to lack of resale history. My car was 41k MSRP and I leased for $495 with tax and 15kmi a year. Because my last car was upside down I rolled $1000 in negative equity so net was $455 a month, not great but considering it's a new model I was happy. I look as it as I am paying $40 extra a month for the Alfa name brand. Comparison was the Genesis G80 with MSRP of $43k and lease was $434 a month for 15kmi lease, a very nice car and a better deal but I preferred the Alfa.
Same way I look at it.
 
1 - 20 of 38 Posts
Top