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Comments

  • trheetrhee Member Posts: 7
    Does anyone have any information on the current residual value and money factors for the Passat GLS (1.8T), GLX, and the W8? I'm off to a dealer this afternoon and would like to have the most current info. Thanks in advance.

    TR
  • colslickcolslick Member Posts: 29
    Carman,Help. I,m trying to finalize a lease this weekend on a 2003 Infiniti I35 W moonroof MSRP 31,325 as I'm afraid the $1000.00 manufacture support might go away on 1 Oct. I keep getting different residuals and MFs from different dealer people. I'm planning on using Infiniti Fin Svcs.Do you or anybody have an idea what the current res and MF are? Thanks and thanks to everyone for this great forum. I can't believe how much money I would have wasted had I tried to lease before finding you all !
  • ddax1ddax1 Member Posts: 1
    I am over halfway finished with my lease on a 2000 VW Jetta. I am wanting to purchase a volkswagen but am leary of getting ripped off. i am pretty savvy thanks to this website about buying a new car, but since i know absolutely nothing about leases, i am afraid they will "throw something into the price" to offset getting a good deal from a purchase...any quick advice or knowledge with regard to getting out of this lease...or a website that i can find some info on with regard to getting out of a lease? i couldn't find much on this one...thanks!
  • smason1978smason1978 Member Posts: 14
    Hi,

    I'm new to leasing and think it is a great fit for me. I am looking at an Audi TT...2002, 2003, and 2004. Is there a difference in the money rates and residuals for these if financed through Audi. Also Carman, if you have time I'd appreciate a money rate / residule on a Porsche Boxster for 2001-2003. I'm trying to decide between both but have a feeling Porsche is out of my league.

    All leases would be 15k 36/mo.

    Thanks!
  • landru2landru2 Member Posts: 638
    I'm guessing that since you are only half way through your lease that some negative equity and/or lease charges will have to be added to the price of whatever you are planning to buy. To get an idea of how much to add you need to check two things and determine which one results in lower costs to you.

    First, you need to compare your current (not the lease-end) buyout amount with your car's current market value. For example, lets say you find out (from the leasing company) that it will cost $10,000 to buy out your lease now. Let's say that the car is worth $8,000 as a trade-in. In this case you are $2,000 "upside-down."

    Second, find out what it will cost to fullfil your remaining lease obligations now. Typically, this would be the number of payments remaining plus any early termination fees plus any wear & tear and mileage charges. Let's say that you add all that up and it comes to $2900.

    Comparing the two scenarios, you are better off trading your car in and adding $2000 to the price of the new one than terminating the lease and adding $2900 to the price of the new one.
  • bowler300bowler300 Member Posts: 3
    Car_Man,

        The details for the proposed lease are:
      - 15,000 miles per year for 36 months using
      - US Bank with 57% residual and .00168 money factor
      - The MSRP for the vehicle built on the website AWD, premium plus package with additional options and $625.00 destination charge is $41,688.00
      - I requested gold emblem package, which will cost me approx. $130.00. He'll throw in the pinstripes free.
      - The selling price he gave me is $40,700.
      - I told him to figure the lease with $2500.00 down payment.
      - Gap insurance is included.
      - After running all of this through his computer software which calculates the lowest monthly payment, he quoted me a monthly payment of $598.34 which includes everything (taxes, tags, etc). The lease Kit evaluator in the leaserate.com rated this lease as 'fair', which I consider not really that good.

    This Lexus dealer is the only one in this area. The next closest one would be 1 1/2 - 2 hours away.

    With the information that I have provided,how do you rate this lease? What would be a good monthly payment? Thanks in advance
  • rodc1rodc1 Member Posts: 36
    Car man, I'm thinking of leasing a 2004 toyota sienna. If I don't like the terms of toyota's factory leasing program how do I find more competitive rates and residuals from other sources?
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi everyone. Sorry for not answering your questions sooner, but I just got back from vacation. I would appreciate it if those of you who still have questions that you need answered post them again. Thanks and talk to you soon.

    Car_man
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  • colslickcolslick Member Posts: 29
    Welcome back Car man, believe me we missed you! Could you please let me know what the MF and res would be on a 2003 I35,MSRP 31325.00, for 36mo, 15K miles.I have gotten 49% and 51% from diff dealer people. I plan to use Inf Finance. Thanks for your help.
  • smason1978smason1978 Member Posts: 14
    Carman! Hope you had a good vacation.

    I'm new to leasing and think it is a great fit for me. I am looking at an Audi TT (2002/3/4) (there's no difference between model years really) and an Infiniti G35 2003/4. Is there a difference in the money rates and residuals for these if financed through Audi.

    Also Carman, if you have time I'd appreciate a money rate / residule on a Porsche Boxster for 2001-2003. I'm trying to decide between both but have a feeling Porsche is out of my league.

    All leases would be 15k 36/mo.

    Thanks!
  • bowler300bowler300 Member Posts: 3
    Welcome back Car_Man,

    This will be my first lease so I'm unsure of what is good and what is not. Any help you can provide will be very much appreciated. I live in Central Pennsylvania.

        The details for the proposed lease are:
      - 15,000 miles per year for 36 months using
      - US Bank with 57% residual and .00168 money factor
      - The MSRP for the vehicle built on the Lexus website AWD, premium plus package with additional options and $625.00 destination charge is $41,688.00
      - I requested gold emblem package, which will cost me approx. $130.00. He'll throw in the pinstripes free.
      - The selling price he gave me is $40,700.00.
      - I told him to figure the lease with $2500.00 down payment.
      - Gap insurance is included.
      - After running all of this through his computer software which calculates the lowest monthly payment, he quoted me a monthly payment of $598.34 which includes everything (taxes, tags, etc). The lease Kit evaluator in the leaserate.com rated this lease as 'fair', which I consider not really that good (unless they didn't have taxes, tags, insurance, etc. included in their amount).

    This Lexus dealer is the only one in this area. The next closest one would be 1 1/2 - 2 hours away.

    With the information that I have provided,how do you rate this lease? What would be a good monthly payment? Thanks in advance
  • trheetrhee Member Posts: 7
    Car_man,

    I'm thinking of participating in VW's "pull-ahead" program and turning in my Passat early. I've seen several postings about lease numbers for the Passat, but haven't had any luck finding my answers. For example, I saw numbers for leasing a Passat for 15k miles, but I'm looking to lease one for 12k miles. Anyway, just wanted to know what you thought of the numbers I've received from one VW dealer for a 36 month term (with about $650-700 down):

    For the Passat GLS 1.8T (fully loaded), the dealer gave me a purchase price of $22,809 with a buy out of $13,036.45 (49% residual) and a money factor of .00215.

    For the Passat GLX, he quoted me a price of $26,526 with a buy out of $14,726.40 (48% residual) and the same money factor.

    Does this seem to be a reasonable deal? If not, what kind of numbers should I be looking for?

    Also, this same dealer had a 2003 Passat GLX that was used as a demo. It's got 6,091 miles on it and the initial sales price was a ridiculous $27,988. What are your thoughts on leasing a demo with that many miles on it.

    I could use some help quickly because I scoped out a couple of VW dealers this weekend and not surprisingly, there are some pretty slim pickings when it comes to their 2003 inventories. Thanks so much.

    TR
  • trheetrhee Member Posts: 7
    Car_man,

    One more thing . . . Just curious, but what kind of residual and money factor should I be looking for in a 2003 Passat W8? I doubt my wife would go for it, but I was going to work out the numbers anyway. Believe it or not, there seemed to be more 2003 W8's on the dealer lots than the GLS and GLX model. Too over-priced and/or poor marketing? Thanks again.

    TR
  • tank43tank43 Member Posts: 16
    Car man,

    What is the current residual/ money factor for a 2004 Honda CRV EX AWD through American Honda Finance.

    36 months

    12,000 miles per year Columbus Ohio.

                                Thanks !
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Thanks, colslick. It's nice to be missed. Here is the information that you are looking for. If you were to lease a 2003 Infiniti I35 through Infiniti Financial Services this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00179 and 48%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Thanks, smason1978, it was very nice. Audi is not leasing new 2002 TT models any longer. In fact, I would be very surprised if you were able to find a "new" '02 TT at this point. It recently stopped providing lease support on 2003 TT models. Instead of special lease money factors, Audi is offering 1.9% special financing for up to 60 months or $3,000 dealer cash on this model. If you really wanted to lease an '03 TT through Audi Financial Services, you could use the dealer cash to negotiate an attractive selling price and then lease it through AFS' standard program.

    In order for me to give you an idea of what the TT's current lease program should be like, I need you to tell me exactly which model you are interested in, i.e. a 2003 Audi TT 1.8T Coupe, a 2004 TT 250 Roadster, etc... Also, if you want me to give you an idea of what the lease program should be like on the Infiniti G35 I need you to let me know if you are interested in the Sedan or the Coupe.

    I really do not keep tabs on the lease programs for used vehicles, but if you would like me to give you an idea of what Porsche's current program is like on the 2003 Boxster, let me know.

    Talk to you soon.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Thank you, bowler300. Lexus is not providing any sort of lease support on the 2004 RX 330 at this time, so I am not surprised that the dealership that you are working with is running your lease through a bank other than Lexus Financial Services. The program that you were quoted is better than LFS' current program for this model so you are in pretty good shape from that stand point. I must say though that $2,500 is way too much money to put down on a leased vehicle. I always advise consumers to put as little money as possible down when leasing. I do so for two main reasons. The first is that if your leased vehicle is stolen and never recovered or totaled in an accident during your lease, your insurance company pays off the bank that you are leasing it through and your down payment essentially disappears. The second main reason is that down payments on leases do not reduce your vehicle's lease-end purchase price. So whether you were to put $10,000 down when leasing a vehicle or nothing at all down, its lease-end purchase price would be exactly the same.

    I don't know exactly what the market is like for this vehicle right now so it is difficult for me to give you an assessment of the selling price that you were quoted. The Edmunds.com True Market Value for a typical 2004 Lexus RX 330 is around $600 below MSRP, so from that standpoint the price that you were quoted looks reasonable. You may want to stop by the What Did You Pay section of the Smart Shoppers Message Board to see if you can get any feedback from other community members about the prices that they have paid for similar models lately. I can however, give you an idea of what this truck's lease payment should be like, utilizing the numbers that you provided me with. According to my calculations, if you were to lease a 2004 Lexus RX 330 using the money factor, residual value, and pricing that you provided in your post, your zero down, pre-tax monthly payment should be right around $579.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings trhee. You didn't say in your post if the first Passat that you mentioned is a 2004 or a 2003 model. Either way, the lease money factor that you were quoted is higher than VW Credit's base factor for this car. The only way that the dealer that you are working with is not marking this factor up is if you are leasing an '04 and having the security deposit waived. Let me know the exact model that you want and what model year it is and I should be able to give you an idea of what its exact lease program should be like.

    As far as demos go, they are fine provided that you get a large enough discount on them. My main problem with demo vehicles is that most dealers never seem to be willing to provide enough of a discount me to personally justify purchasing what essentially is a low mileage used vehicle over an equivalent brand new one.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi again, trhee. I didn't see your second post until just now :). If you were to lease a 2003 Volkswagen Passat Sedan W8 through VW Credit right now for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00165 and 45%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hey tank43. I haven't seen Honda's lease program for the 2004 CR-V yet. I believe that Honda is going to publish a new lease program for October. I should have an opportunity to see what this model's lease numbers are like after I have seen the new program. Please feel free to check back with me at the end of the week and I will be more than happy to let you know what I have been able to find out. Talk to you then.

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  • smason1978smason1978 Member Posts: 14
    Car_man,

    Thank you for the quick response. I think I have been officially talked out of the Audi TT by some work friends...and they point me towards Saab and BMW.

    Any idea what the 2004 BMW 325i, 325xi or 325Ci will be at 15k 36/mo.

    Also, in your opinion which luxury cars tend to lease cheaper and hold their value more? Benz, BMW, Lexus, Inifiniti, Audi..? Thanks!
  • trheetrhee Member Posts: 7
    Car_man,

    Thanks for your responses. Sorry I forgot include the model year. I'm looking at leasing a 2003 Passat (the GLS 1.8T, fully loaded or the GLX) for a 36 month term with 12k miles. The information I got from one dealer was as follows:

    For the 2003 Passat GLS 1.8T (fully loaded), the dealer gave me a purchase price of $22,809 with a buy out of $13,036.45 (49% residual) and a money factor of .00215.

    For the 2003 Passat GLX, he quoted me a price of $26,526 with a buy out of $14,726.40 (48% residual) and the same money factor.

    And I know what you mean about dealers not wanting to lower the price on demos. I got a purchase price quote from another dealer for a brand new GLX for $26,526 - that's almost $1500 less than the demo with 6k miles.

    Thanks so much for all the great info. you provide!!!! I'm pretty sure many of us would walk into dealerships completely clueless.

    TR
  • djdezdjdez Member Posts: 119
    Well, I finally pulled the trigger on that M45 deal - and I would have NEVER been able to do it without you !! NEVER !!! If it weren't for all the information you gave me regarding the special lease deal that Infiniti was running with the EXACT money factors and residuals and that VERY important information about the certificates and incentives I would have NEVER gotten the deal !!

    So, the deal finally went down last week -- I would up with the even BETTER model -- the car stickered for $46,355 ... I was able to get ALL the certificates AND the additional incentive $$$ that you told me about. They used the right money factors and residual values and I even got 12,000 miles per year, instead of the 10,000 that was advertised !!! I only put down the first month and the bank fee, and some small miscellaneous fees (total DUE was $1000 even), and my payment is in the very low $400/mo range (WITH TAX!!) .. they actually appreciated that I had EVERYTHING worked out on paper in black and white -- but I NEVER expected the deal -- I actually wound up like $10 a month LESS than I should have been !!! I still don't know how they did it, but I REALLY gotta thank my sales guy and the sales manager, and finally the finance guy/business manager -- TOP NOTCH and EXCELLENT GUYS !! It started out a little rough, but the fact that we were all straight with each other definitely helped out ! If anyone is in the market for this car, I HIGHLY recommend these guys -- I can give ya the info.

    I don't know HOW they did it, but they did it !!

    So, sorry for the long rant -- but Car_man, I owe ya -- BIG TIME !!!

    Oh, and by the way -- the car is PHENOMENAL !!! Anyone looking for a great lease deal, CHECK THIS CAR OUT !!!

    THANK YOU !!!!!!
  • gls3574gls3574 Member Posts: 2
    Hi,
    Welcome back. I am trying to get a car before CA triples the DMV fees.

    I am interested in getting a 2003 Mazda Tribute. I am trying to decide whether to lease or buy. What is the money factor and the residual value on the 2003? (for a 3 year 12,000 mile lease) The MSRP is $24,295 and invoice is $22,800.
    Thanks!
  • bowler300bowler300 Member Posts: 3
    A great big thank you for all of the information that you provided. My reason for the $2500.00 down payment was to reduce my monthly payment. Does the down payment help do this? If not, then I'll have the salesman reduce my down payment since I haven't seen or signed the lease agreement yet. Does your calculation include tags, gap insurance, etc. or are these paid separately and not included in the monthly lease payment? Are taxes the only thing that should be added on to your $579.00 calculation? If so, then my monthly payment should be around $615.00 rounded up ( PA sales tax is 6%). Thanks in advance for the additional info. I am really appreciative since I'm new at this and don't want to make unnecessary mistakes.
  • redcomraderedcomrade Member Posts: 2
    hi car_man,

    could you please look up the current residual/MF numbers for 2004 Mercedes C230 sedan for 36mo/12000mi, and 48mo/12000mi.

    thanks
  • rodc1rodc1 Member Posts: 36
    Car_man, thanks in advance. What are the current rates/residuals on Sienna XLE for 36 month 36000 miles.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're welcome, smason1978. So your friends don't like the TT, huh? I actually like it a lot and would have no problem driving one, provided I had another, bigger vehicle to use when I needed more space. BMW's current lease program is scheduled to run through today, September 30th. I suspect that it will introduce a new program for October. If you were to lease a 2004 BMW 325i through BMW Financial Services using its September program for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00220 and 61%, respectively.

    All of the brands that you mentioned in your post tend to have very solid residual values. None of them really jumps out as having a more attractive lease program than the others at this point because they all recently introduced their 2004 model year lease programs and are not providing much in the way of lease support yet. As the supply of '04 models increases and their residual values fall slightly we will be able to separate the wheat from the chaff so to speak and see which manufacturers provide the most lease support.

    Check back with me towards the end of the week if you would like me to give you an idea of what BMW's new October lease program is like.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    No problem, trhee. Since you are interested in leasing a 2003 model year Passat, the lease money factor that the dealership you spoke with quoted you is definitely too high. Volkswagen Credit's September lease program for a 3 year, 12,000 miles per lease of a 2003 Passat Sedan GLS 1.8T provides a base lease money factor and residual value of .00165 and 49%, respectively. The GLX Sedan would have the exact same factor, but a residual value that is 1% lower.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Congratulations, djdez! I'm glad to see that everything worked out for you. Thanks for taking the time to come back and let us know how everything turned out :). Enjoy your new ride!

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    I'm glad to be back, gls3574. If you are interested in getting a 2003 Mazda Tribute you definitely should pay cash for or finance it. Mazda stopped providing lease support on the '03 Tribute, though it does have support on the 2004 model. You can finance the '03 model at 0.0% for up to 60 months. This is probably what I would do if I was in the market for one. Still, you need to compare that option with using the $2,500 consumer cash and financing it through a bank other than Mazda's captive finance company.

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  • jnussb9328jnussb9328 Member Posts: 4
    do you have money factors and residuals for 42 months, 15m miles
    List price 51,295, I'll pay fees and taxes seperate (outside) the car monthly lease pmt.

    thanks
    jay
  • confused216confused216 Member Posts: 1
    I'm very interested in leasing a Honda Civic Coupe. However, I'm lost when it comes to leasing. First, how does you credit effect your ability to lease. Second, how much is reasonable to pay for the 2004 Coupe?? Help!!!
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're very welcome, bowler300. The $2,500 down payment that you are considering making would indeed reduce your vehicle's monthly lease payment. However, the same thing could be accomplished by just keeping that money in your own bank account and using it to pay part of your monthly payments on your own. This would be a much safer way to reduce your payments. Any monthly lease payments that I calculate for consumers in this forum are just base payments and do not include any extras including tax, tags, or gap insurance unless than bank that you are leasing through automatically includes gap.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello redcomrade. I would be more than happy to give you an idea of what this car's lease program should be like, but I believe that Mercedes-Benz is expected to introduce a new lease program for the month of October. As one might imagine I have not seen this new program yet. I suspect that I will have had a chance to look at it by early next week. Please feel free to check back with me then with a quick reminder and I will let you know what I have been able to find out. Talk to you soon.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi rodc1. I also expect Toyota to introduce a new lease program for October within the next day or two. I should have had an opportunity to find out what this new program is like by early next week. Please post a quick reminder for me in this discussion then and I will let you know what I have been able to find out. Thanks.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Good morning, Jay. Most manufacturers are introducing new incentives and lease programs for October within the next couple of days. Please check back with me early next week and I should be able to give you an idea of what BMW's program is like on the new 5-Series. Talk to you then.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi confused216. One's credit rating will definitely have an impact upon their ability to lease a new vehicle. Some banks have different lease money factors for consumers, depending upon what credit tier they qualify for. Other banks have only one set of lease money factors and consumers either qualify for them or they don't.

    As far as how much money you should pay for a Honda Civic right now goes, you should be able to find information on this subject in two places. The first is the Honda Civic: Prices Paid & Buying Experience discussion that appears in the What Did You Pay section of the Smart Shoppers Message Board. The other place is the Edmunds.com New Car Price Guide section of this site. There you can look up the True Market Value for the exact Civic that you are interested in to see approximately what others are paying for it at this time.

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  • jnussb9328jnussb9328 Member Posts: 4
    thanks for your response, but my 2004 530i is scheduled for delivery Fri Oct 3, 2003.
    I was quoted:
    42 mo BMW Financial Lease
    15,000 miles annually
    58% Residual
    .00255 money factor

    Is this in the ballpark ???
  • kyfdxkyfdx Moderator Posts: 265,497
    The dealer can not play around with residual values.. They are set by BMWFS and are not negotiable, so no worries there. It looks as though the dealer may be marking up the money factor. On another website with BMW forums, a BMW salesman is giving the money factor as .00225 .. BMW allows the dealer to mark up the money factor by as much as .0004 (maximum of .00265, in this instance). No guarantees on this info, but hopefully this will help if Carman doesn't get back to you.
    The dealers that mark up the money factor call the lower amount the "buy rate" and their marked up factor the "sell rate". You might try telling your dealer you want your lease deal done at the "buy rate" money factor, as this is just extra profit for the dealership.

    regards,
    kyfdx

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and share!

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  • hooopshooops Member Posts: 64
    Hi Car_man,

    Thanks as always for providing this board with invaluable information. I live in the NY metropolitan area. I'm looking to lease a large SUV for 36 months with 15k miles per year. Can you please provide the money factor and residual for 2004:
    - Armada SE and LE with 4WD
    - Suburban LT 1500 with 4WD
    - Expedition Limited with 4WD

    Can you also let me know the #'s for 2003 Suburban and Expedition.

    Thank you
  • ngkiyanngkiyan Member Posts: 19
    Plaese provide some numbers for 36 mos and 48 mos. lease for 2004 honda v6 ex coupe. yearly mileage of 15000 and 18000 miles. thank you
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hey jnussb9328. I definitely do not expect BMW to provide any sort of lease support on the recently redesigned 5-Series. So, if that is the case and you were to lease one through BMW Financial Services, you would have to use its standard lease money factors. As I mentioned in my earlier post, I have not seen BMW FS' October lease program yet, but its base standard factor was .00220 for 42 month leases last month. I suspect that its base standard money factor will be very similar to that in October, perhaps even the .00225 that kyfdx was kind enough to share with all of us (thanks BTW). As a result, it certainly appears to me as though the dealership that you are working with is marking up BMW's base factor to add additional hidden profit to your deal. This is not surprising. BMW dealers do this all the time to unsuspecting consumers and the new 5-Series is likely to be in a short supply / relatively high demand situation for a little while. Should mention the fact that you believe that they are marking up your money factor in your negotiations.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi hooops. I have not had an opportunity to take a look at the new October lease programs for the models that you are interested in yet. Please post a quick reminder for me early next week and I will let you know what I have been able to find out. Talk to you soon.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Good morning ngkiyan. Unfortunately, I have not seen Honda's new October lease program yet either. Please check back with me early next week and I will try to give you an idea of what its new lease program should be like. Thanks.

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  • trheetrhee Member Posts: 7
    Car_man,

    The VW dealer I'm dealing with says the residual values have changed on the Passat GLS 1.8T(auto) and Passat GLX(auto). He's saying now the residual on the GLS is 48%. He didn't mention the residual on the GLX. He did, however, say that my Base MSRP was incorrect. I know you just gave me the money factor and residual values, but do you know if they've changed for October? Thanks so much!!

    trhee
  • colslickcolslick Member Posts: 29
    Car_man, Thanks for your help, I, and I,m sure all of us appreciate the time you put in to help us at the most critical moments of our car deals. I got the I35 and the numbers were as you stated. I opted for 39 vs 36 mos lease and it only lowered the res from 48% to 47%. Car is still in warranty so no brainer to lower payments. That lowered payments by $17/month. Thanks again.
  • jjnezjjnez Member Posts: 2
    Hi Car_Man,

    I am interested in leasing a 2004 BMW 330i. I want to know what would be a good lease for a fully loaded model(i. e. premium package, sports package and cold weather package). I have a similar questions based on a previous posting regarding the 5 series except that I am interested in the 3 series. Is the money factor and the residual value for the 3 series similar to the figures that you have posted earlier for the 5 series? If not, what do you think a good negotiated lease payment should be? Thanks, jjnez.
  • knockoffknockoff Member Posts: 72
    Any numbers as far as residual & money factor for T-reg... 36 months, 15,000 miles on a V8?
    thanks
  • woodranch1woodranch1 Member Posts: 35
    Hi, I juist leased an 03 540i six speed on a 6o month lease through Chase. The money rate is 1.95. Is this equivalent to a 1.95% rate on a loan. Was this a good deal. $7500 drive off, payments of $700 per month on MSRP of $65K. Thanks.
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