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Vehicle(s) I currently own
2006 BMW 330Ci Coupe
  • Re: Hyundai Veloster Lease Questions

    Hi! New to this forum although I've been looking at the last couple of months. I'm in the market for buying me a second vehicle and came across the Veloster and really like it.  So I am looking at leasing but want to be knowledgeable before talking numbers with them.  Wanted to know the money factor and residual value for 12k miles and 15k miles for a 2015 Veloster  Turbo, manual transmission, and tech package.  Broken out for 36, 39, and 42 months if they do that.

    Thank you so much for your help.

    P.S. From Albuquerque,  NM if that makes a difference!
    .00109 MF and 57%/55% residual for 36 months
    .00125 MF and 55%/53% residual for 39 months
    .00089 MF and 50%/48% residual for 42 months

    $1250 lease cash
  • Re: 2015 Toyota Highlander Lease Question

    Hey Guys,
    Hoping for some negotiations tips!
    Looking at a 2015 LE Plus 36/12 and hoping for zero down. In talks with a dealer in Las Vegas and this is what he has given me so far:

    MSRP: 34978

    Dealer Price: 33086

    Tax: 2720.43
    Title: 28.45
    Doc Fees: 499.50
    Residual: 21574
    MF: .0018 (which is okay for us I think, as our credit score is about 680 - thoughts?)

    The monthly lease payments I have been quoted are:
    $0 down 506
    $1000 down 475
    $2000 down 444

    I don't know the invoice price but when I told him I was shooting for $32k, he said that was below invoice.

    I really need the monthly payments to be as close to $400/month as possible and would like to avoid committing to a down payment.

    So my questions are 1) does that residual seem low? And 2) what should I go back with to negotiate the best deal? I don't have a calc spreadsheet and am struggling to get the dollars to make sense given some of the great deals I've read about on this thread!

    Any advice so appreciated! Thanks in advance!
    Toyota residuals are weird.. but, the dealer can't alter them... that residual is over 61% of MSRP.

    You can calculate the invoice price by using the tabs at the top of the page.... Edmunds will also give you their estimate of market value.
  • Re: Volvo Financial: GAP Waiver, Excess Wear and Use Protection Plan & Business Leasing


    I’m getting ready to lease a Volvo (probably through my business but with me as co-signer). Although we’re a long established C-Corp, I guess unless you’re a Fortune 500 company, you’ve got to have someone who’s also responsible for the note besides the corporation :)

    A) I noticed on the Volvo Financial Website, they mention the Excess wear and use protection plan but a footnote notes its not available in all states. (They didn’t have a list of states from which it was excluded on the site (that I could find), so I’ll call them tomorrow. (We’re in California). But I wondered if anyone has employed it, what were the costs and if you used it, how did it work out? Experiences?

    B) Guaranteed Auto Protection (GAP) Waiver.

    They note:

    Our GAP waiver is included in your lease agreement at no additional cost to you. It is provided to give you peace of mind. If your leased Volvo is declared a total loss due to theft, accident or natural disaster, we will cover the difference between the insurance proceeds and the balance owed to Volvo Car Financial Services less any deductible.

    I assume this is a program with which no one has had a problem, but I’d be interested in hearing about any experiences.

    And finally:

    C) Anyone who has done a “Business Lease” - esp. “small” or “medium” sized business?

    Thanks for the feedback!

    a) Extra cost insurance policies usually don't pay off, on average, naturally. They are a high commission item for the F&I office.

    b) GAP insurance... it's included with the lease. It isn't optional, but you want it, anyway.. It protects you, in case your car insurance proceeds are less than the lease payoff, in the event of a total loss.
  • Re: 2015 Toyota Highlander Lease Question

    Congrats on the new Highlander!
  • Re: Volkswagen Golf Lease Questions

    Anyone know the lease MF/RV% for Golf TDI - 3yr / 10k miles?
    .00060 MF and 59% residual
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