Lotus Emira Financing/Lease Rates

[2BIG2FAIL]

Navy Federal Credit Union.
4.99%/60mo
5.29%/72mo

What down payment does this assume and what is your rough credit score?

 

[Porter]

What down payment does this assume and what is your rough credit score?

I think it could have been any down payment, and minimum credit score in the mid 600s, but mine was a little over $60k down and a FICO above 800.

 

[Atlantis Blue Emira]

I think it could have been any down payment, and minimum credit score in the mid 600s, but mine was a little over $60k down and a FICO above 800.

good rate

what is your monthly payment for the 60k down and 4.99%?

 

[FlyNavy01]

good rate

what is your monthly payment for the 60k down and 4.99%?

Only takes a few seconds to calculate yourself. Should be around $900/mo assuming $107,750 MSRP which obviously doesn't take into account other taxes and fees. For 60 months you'd spend roughly $5k on interest for those loan terms.

 

[DerTheDer]

I ended up buying outright and not financing. I think it was the better decision, if only rates were low.

 

[Porter]

Only takes a few seconds to calculate yourself. Should be around $900/mo assuming $107,750 MSRP which obviously doesn't take into account other taxes and fees. For 60 months you'd spend roughly $5k on interest for those loan terms.

In my case the actuals were around $65k down against a $96k FE1.0 MSRP. Makes the math quite different.

 

[Hell4Leather]

CUTX (credit union of texas); but rates might have changed. also was a customer there so maybe it helped?

ETPCU, East Texas professional, is currently advertising 84 months at 5.75%. That’s $14.50 per $1,000 borrowed.

 

[RyanGreener]

This thread has been going on for awhile and I've skimmed it, but does anyone in the USA have any access/ideas for leasing? On another forum, the residual was supposedly 69% which is pretty high.

 

[Blue Dude]

 

[F1 SML8R]

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@Blue Dude Where did you find this? I couldn't find it on the official Lotus Cars USA website. Or is this for non-US markets?

 

[Blue Dude]

@Blue Dude Where did you find this? I couldn't find it on the official Lotus Cars USA website. Or is this for non-US markets?

I found that here: https://www.lotuswny.com/

There's also some information about that offer here at post #3: https://www.emiraforum.com/threads/...the-v6-version-base-v6-is-now-available.5983/

 

[RoryBellows]

Logix is usually my go to for preapprovals. If the dealer can beat it Ill go with them but Logix is usually quite competitive. They are at 4.99 right now for 60 months.

https://www.logixbanking.com/rates/vehicle-loans

 

[F1 SML8R]

I found that here: https://www.lotuswny.com/

There's also some information about that offer here at post #3: https://www.emiraforum.com/threads/...the-v6-version-base-v6-is-now-available.5983/

I like it, a specific dealer ensuring they get the word out. Usually credit unions lead in this space, but none of them are even close. So, at 3.99% for the hi FICO tier, this is a really good deal. Thanks again.