Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options
Lease Questions - Ask Here
This discussion has been closed.
Comments
That is for 15,000 miles/year for 36, 42 or 48 months.
thanks.
Do you have any info on any early lease termination programs Chrysler Financial may be running? I have an 02 Liberty that has the lease up in Sept and would be interested.
Mark
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Thanks
Can you negotiate this buy out amount and interest amount from BMW financial services?
Also, if we do buy it, they offer a 100 point inspection for $1,200 and give a warrenty - is that worth it?
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Someone told me that the interest rate went to 4.90 today. In any case, do you know what a 3 yr lease payment should be using a $47,300 mrsp, a net cap cost of 37,500 and a 52% residual ($24,596). For the example, use a 5.5% interest rate
Thanks
For now, I can calculate a sample lease payment on this vehicle for you using the November numbers. According to my calculations, if you were to lease a 2004 Cadillac SRX V6 with a full MSRP of $47,300 and a capitalized cost of $37,500 through General Motors Acceptance Corp. this month for 3 years with 15,000 miles per, your pre-tax monthly payment would be slightly over $500. I have to say though that the capitalized cost that you provided in your last post looks a little on the low side to me. I personally doubt that you will be able to negotiate a $10,000 discount on this model. So I assume that you are baking some sort of down payment into the cap cost that you mentioned. I personally advise consumer to lease vehicles without putting any money down. I do so for two main reasons. The first is that if your vehicle is stolen and never recovered or totaled in an accident during your lease, your insurance company pays off the bank that you were leasing through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. The purchase option price for this SRX will be exactly the same, whether you make a $5,000 down payment or absolutely none at all.
Car_man
Host
Smart Shoppers / FWI Message Boards
Thanks for the info. I got 2004 FX35 RWD (MSRP $45,455) for $41,200 (that's $650 over invoice). The dealer told me that US Bank is offering very attractive 48 months/12,000 miles lease with .00141 money factor and 45% residual. That bank, however, calculates the residual value based on the adjusted MSRP, which is about $2,800 less than the actual MSRP. The monthly payment though is still going to be lower compared to the Infiniti FS lease program for the same term because Infiniti has .0020 money factor. So I decided to finance my lease with US Bank. With zero down and no security deposit I'll be paying $600 a month.
Congrats on your new FX35! What dealer did you get you FX from?
Thanks!
What would the leasing info be on a new Cayenne?
15,000/year for 36mo, 42, & 48?
This may be out of my league but maybe...
And could you update me on the Touareg V8 numbers if they are different for December? 36 months is all I need.
thanks again.
Thanks for the information. I saw a later post where you stated that Infiniti will be will releasing their Dec. lease programs tomorrow. Would you please provide the Dec. money factor and residual numbers as soon as you have them. Here is my info again:
'03 FX35 Sport/Tech
36 or 39 months
15K a year
or...
'03 FX45 Premium
36 or 39 months
15K a year
Regarding the Infiniti early lease termination question - I have a '02 QX4 that I am 2 years into a 39 month lease. Have you heard of any offers related to the QX4?
Thank you!
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Can you please give me the residual and money factor for a 36 month lease with 12K miles/year.
Can you comment on a BMW FS lease that has been offered to me on the above vehicle...
Cap cost: $41,120. $5000 down. 3 years w/12k.
Resid.: 52%. I forget the MF. Monthly: $575.
Anyway, my sales assoc. tells me $5000 down, which
includes the 1st month p'ment ($575) & sales tax for Nevada. So, $5000 - $575 = $4425, actual down p'ment. When I build the car on the BMW web-site it shows me $2500 down w/$597 a month p'ment...
Does this sound reasonable [or] should I run
like hell???
Thankx...
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I am looking at a 525 and 530 for a 12,000 mile, 42 month lease. Once you dig out from under all the requests above, any chance you can give me the money factors and residuals for these? Your help is greatly appreciated.
I posted on the Lexus site, but then saw a link to here. I'm in Southern CA & I'm going to get the 2004 Lexus RX330 on Saturday, but want to check to see if the pricing sounds good. It's white, Premium Plus, (No Navigation), FWD, 36 months, 15,000 miles per year, and with $2,000 down i've gotten a monthly payment range of $509-$514, Including the sales tax (my credit score is highest). Does this sound like a good deal, or should I shop around a bit in the next 2 days?? Thanks for any input.
I have not seen Volkswagen's December lease program yet. It was originally scheduled to publish it on December 2nd, but instead it just extended its November program for a few days until it can decide what to do in December. Please feel free to check back with me in a few days and I will fill you in on what I have been able to find out.
Car_man
Host
Smart Shoppers / FWI Message Boards
I am sorry to say that to the best of my knowledge, Infiniti is not offering any sort of early lease termination program at this time.
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
I don't know what your timetable for purchasing a new vehicle is, but if it is not urgent and you are set on getting a Grand Cherokee you may want to hold off on finalizing any deal until later this month. I say this because DaimlerChrysler is having a bunch of meetings mid-month, after which rumor has it they will announce a series of incentives enhancements. I don't know how valid this rumor is, but it wouldn't hurt to wait if you can.
Car_man
Host
Smart Shoppers / FWI Message Boards
As you can see, GMAC publishes its lease numbers a little differently than most banks do. Rather than providing lease money factors for models, it issues lease rates. You can convert the aforementioned lease rates into approximate lease money factors by dividing them by 2400.
Car_man
Host
Smart Shoppers / FWI Message Boards
The best thing that you can do is calculate a sample lease payment on the car that you are interested in, without any money down. I would be more than happy to calculate one for you, but I have not seen the details of BMW's December lease program yet. Please feel free to check back with me in this discussion in a few days with a quick reminder post and I will fill you in on what BMW's new program is like and about what you should be paying to lease this car. Talk to you soon.
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards
Car_man
Host
Smart Shoppers / FWI Message Boards