When I Google Premier Lease, several different companies pop up in different parts of the country. Can anyone please tell me which company your talking about ? A Phone number would be great.

I went to my local dealer yesterday in So Cal and he was willing to go $1,100 per month on a 2017 S for a typical lease at 36 mo. / 12 K miles a year with no money down on a MSRP of $97K. He will discount the car from $97K down to $88K as others have stated in this thread.

I think it's a pretty good lease payment for a car that's almost a 100 grand. However, I want to make sure this is the best deal I can get before I sign the paper work. It would be great to talk to someone at Premier before I make a final decision.

Also, I'm new to the forum and have learned so much from all of you. I have always driven German cars so I'm really looking forward to the change with the F type. I can't wait !

Thank you

 

That's an insane discount on a 2017. Did you mean to type 2016?

 

No mistake, salesman said he would order the car for me the way I want and it would be a 2017 !

 

Do it.
It's possible that I had the first 2017 in the states according to my dealer, but my discount was only $3500.

 

That is a good deal! I talked with Premier at one point and as I recall, they are a different kind of lease. You do not just turn in the car when the lease is done. I do not remember the details, but perhaps my mind is blocking it out. As I recall, you must buy it or flip the lease. I wanted a traditional lease and was satisfied with Chase.
Larry

 

How did you get one from Premier Lease for that cheap?! I just got some quotes from them on a lease and it was ridiculous. They had a $40k residual on a 36 month/10k per year lease! $2k/month payment! Almost double Chase.

 

IIRC Premier does open ended leases, which means that you are responsible for selling the car at the end of the lease. After briefly considering selling my car earlier this year, I am glad that I did not do an open-ended lease. These cars are not easy to sell, I don't think it's worth the risk.

 

Double the money and they take none of the risk? Wow.

 

That may have been true in the past, but it appears they're doing close-ended leases now according to their website: https://www.premierfinancialservices...e/facts-myths/

I've never worked with this company, but I was hopeful they might be a resource in the future. But from the post above, it sounds like their residuals are a joke. I'd be interested to hear other peoples' experiences.

 

No, that is what they told me on the phone in Jan. The PFS simple is what they do and you gotta do something at the end of the lease; you cannot turn the car in and walk away.

Larry