Oh greatest Carman, I have worked out a deal on a new Volvo V70 2.4 non turbo w/ leather, touring pkg, versatility pkg, Winter& trac. ctrl pkg, auto and sunroof. I got 300 over invoice and the color I wanted. My question is what are the official numbers on the car for the Volvo Finance June lease specials for 39 mo. and 15 K a year? 2 different dealers have given me quotes of:
-Residual 48% Money factor of .00036 on a similar car or -Residual 52% Money factor .00056 on the car I want.
Can I ask them to give the lower MF with the higher residual, or do they somehow correspond? Its not a major deal, but it might save me $500 over the lease term. Also my credit/beacon score was 780. Does a higher rating get them to sometimes waive a security deposit or does Volvo Finance require it.
I plan on picking up the car and signing papers Thursday, just wanted to know the "real numbers" Thanks, Kevin O. in Minneapolis
Please provide the MF & Residual on A4 1.8 for 36 & 39mo with 12k & 15K. thank you in advance. Also if anyone has some hard lease #'s on same I would appreciate it.
Still waiting for my SC430 and considering my options. (I have until August)
1. Lease with minimum down 2. Lease with multi deposits to lower payment 3. Cash chunk down & finance the balance 4. Cash it out
Thoughts? I'm leaning towards #2. It'll cost me $13K total down, leasing $55K for 48 months with a payment in the $730 range. I think #4 would be the cleanest, but why tie up the cash?
Per my earlier post while you were away, I am still interested in the mf and residual rates for a 2001 OB Wagon base 5sp in California for 36 mos 12K and 15K miles.
Also, I learned from a dealer that Subaru uses Chase for manufacture leases, i.e. there is no Subaru Finance Crop. Is that correct? Is that common, using a third party bank in the role of a captive finance co?
At the end of April, I got a 2001 A4 with 1.8T, Quattro, 5 speed, Celebration, Xenons, Bose, Cold Weather Pkg. 39 month lease, $425/month plus tax (total comes to $440/month). The only thing I had to put down at inception was the first month's payment of $440. It is a 12k/yr. lease.
Your equation is kind of wrong. If you buy the car out right now, call the bank and ask for the buy out amount now. You don't need to calculate the remaining payment and mileage penalty. I think the amount should be a lot less than your calculation.
Hey Carman-what a great service you provide! Here's the situation...my wife and I need a larger vehicle due to the birth of our first child. We currently have a 99 BMW 328i, Titanium Silver, 26K miles, good/excellent condition, all options except NAV and rear seat air bags. It was acquired through BMW's Owner's Choice Program (basically a lease with a balloon payment due at the end) for 3 years at 15K miles per year. There are 10 payments remaining at $621 each and the current payoff is $32,305. Research of multiple sources shows avg. trade-in of $29,000+ and average retail of $35,000+. We'd like to lease a 2001 GMC Yukon Denali. Two issues: 1. What should we expect our lease payment to be on the Yukon? Our choice would be 3 years, 15K miles. MSRP is $46,150, Invoice is $40381, Dest. charge is $730, Dealer Holdback is $1,385. It seems very possible to pay about $1000 over invoice at local dealers(state of IL). 2. In your opinion, will the BMW be a liability for us? It appears to me that its value is strong versus the lease payoff. Could this help lower the cost of the Yukon as a trade-in? Thanks very much for your consideration! Jeff in IL
Looking into leasing a 2001 Honda Civic LX for 36 months w/ 15k miles/yr. Can you please provide the MF, Reisidual and if there are any acquisition fees when leasing directly with Honda. Also, if you happen to know what 60 month financing Honda is offering for the civic, could you post that as well. Thanks.
hi there! can you tell me what the residual factor would be on the following lease?
looking at a 2001 grand am gt sedan w/value package leasing at 36 months @ 12,000 miles per year
also, can a dealer fluctuate from this residual factor? if so, what would be the difference be between a lower or a higher residual factor and which would benefit me more?
Hi everyone. I am back from my vacation and well rested, although perhaps not after tackling all of the questions that you have . I will start with post #1202 by trejos28. If you posted a question prior to then, please re-post it and I would be happy to help you out.
Trejos28, your question sounds really familiar to me. I believe that you must have posted it in a different topic where I responded to it yesterday. If you have trouble finding it, please let me know and I will try to figure out where it is. Thanks.
Hi Kevin, thanks for the kind words. I believe that Volvo enhanced the original lease program that they introduced for this month a week or two ago and I have not seen all of the exact details of their enhancement yet. Prior to the revision of their lease program, the 39 month 15,000 miles per year lease money factor and residual value for a 2001 Volvo V70 2.4 leased through Volvo Finance were .00181 and 52% respectively. It is very possible that the lease money factor has been reduced in their new program. I will do some digging and see if I can find out the details of their revised lease program. If you would like, please feel free to check back with me tomorrow and I will let you know if anything has changed.
Generally speaking individual dealerships do not have any authority to alter the lease money factors and residual values that banks publish. The one exception to this is that they often are allowed to mark-up lease money factors in order to bake additional profit into their deal.
From time to time Volvo Finance will waive the security deposit on certain models. They frequently do so for returning customers, but I don't think that whether they will or not has anything to do with your credit score.
Vino1, if you lease a 2001 Audi A4 1.8T Sedan with quattro through Audi Financial Services prior to July 2nd the lease money factor for both for 36 & 39 months should be .00220. The 15,000 miles per year residual values for this car should be 55% and 53% respectively. The 12,000 miles per year residuals for this car would be 2% higher than the 15,000 mi residuals.
Mtnsun, if you decide to lease a 2001 Subaru Outback Wagon Base for 36 months and with 15K miles per year through Subaru's captive finance company prior to July 2nd, you would have to use a lease money factor and residual value of .00140 and 53% respectively. The 12,000 miles per year residual value for this vehicle would be 55%.
Some manufacturers do run their lease programs through major banks rather than having a captive finance company of their own, but Subaru does have its own financial arm. I do know that for some reason many Subaru dealers choose to lease their vehicles solely through Chase. They must have a very competitive program, but I don't know its exact details.
Thank you, but I have a follow up question. Are you saying that at some dealers I cannot use Subaru's own finance company and I have to go with Chase? I don't have the choice? If that is correct, why would that be the case? It doesn't make sense. I would think I would be able to choose the best deal. What do you think? Many thanks.
I have heard some great lease deals are available on the allroad right now, and am wondering what information you can provide me. I would greatly appreciate any of the current numbers for an allroad lease, and your opinion on whether to act now or wait for something better in a few months.
I'm looking for no money down, and either 36, 39, or 48 months, depending on which is most favorable. Also might want to purchase some extra miles up front (do you have Audi's upfront cost vs. lease-end cost??).
I really appreciate you being here for us--the service you are providing at no cost is awesome!
Welcome back - good to hear you had a nice vacation.
I would appreciate your advice - I am looking to lease a Certified Pre-Owned 1999 RX300 from a Lexus dealership in New York. The models I am currently looking at have about 30K miles on them.
The advertised price is $28,500, which I feel is fair according to Edmunds's TMV, but will try to negotiate down (always worth a try). It's pretty much loaded.
My questions are:
What should be the residual value be on a 36 month lease? Since this is a pre-owned car, I would assume the residual should be much higher than the 56% range for new cars.
What would be a fair money factor from Lexus Finance?
To follow your advice, I would like to put no money down - is this possible with Lexus?
How should I initiate the process - should I submit a credit application with the dealership prior to negotiating price or after we lock the price/residual down?
If possible, would you please provide a sample lease scenario based on the above? Again, I am looking to lease for 36 months - and possible in late July, when hopefully the sales incentives kick in.
I am glad that you enjoy this Discussion, Jeff. Congratulations on your new baby! Let's work up a sample lease payment for you. If you were to lease a 2001 GMC Yukon Denali with an MSRP of MSRP is $46,150 for 3 years with 15,000 miles per through GMAC at $1,000 over invoice, $40,381 + $1,000 = $41,381, your approximate pre-tax monthly lease payment would be $717.
Even though you still have payments remaining on your current car, if its actual market value turns out to be higher than your purchase option then yes it actually could provide you with some equity to use in your negotiation of the lease on the truck that you want. You will need to speak with the GMC dealership that you are working with to see how much money they would be willing to give you for your BMW as a trade to find out where you stand.
Hello shaker58. If you decide to lease a 2001 BMW530IA through BMW's captive finance company prior to July 2nd for 3 years with 12,000 miles per I believe that the lease money factor and residual value should be .00300 and 61% respectively.
Nice choice in cars, hooops. I have always felt that the Civic provides a great value for the money. If you choose to lease one through American Honda Finance Corp. for 3 years with 15,000 miles per right now, you would have to use their standard lease money factor of .00280 and a solid residual value of 55%. I believe that AHFC's lease acquisition fee is currently $450. Honda is not providing any sort of special financing on the 2001 Civic right now, so if you want to finance one for 5 years through American Honda Finance Corp. you will have to use their standard financing rate. I don't know what that is right now off of the top of my head, but it often turns out that regular banks are able to provide lower interest rates than captive financing companies on vehicles without any special financing available on them.
Hi karn. I would be happy to help you out. If you decide to lease a 2001 Pontiac Grand Am Sedan GT through GMAC for 3 years with 12,000 miles per right now you would have to use a lease rate of 3.9% (which is equivalent to a lease money factor of around .00163) and a residual value of 46%.
Generally speaking individual dealerships do not have the authority to alter a bank's published residual values, so this really is not something that you will have to worry about during your negotiations. Just for your information though, the higher a vehicle's residual value is, the less depreciation you are paying on it, and in turn the lower your lease payments would be.
I picked up my car yesterday dealer said rates were the same as when we wrote deal just checking with audi low rates wanted to make sure. looking at my numbers looks like I got .0030 and 67% 47500msrp cap cost 43958 buyback 29500 525 bank fee no money down paid taxes and first mth upfront
Hey Carman, I did leave an earlier post. But I've been unable to locate your response. Could you please repost or point me in right direction? Thanks again for everything.
Car Man Thanks for the response to my questions in post 1210. A couple more...Can you tell me what money factor and residual you used in your calculation? How are IL taxes paid? On the lease amount or on the entire purchase price? $717 seems a bit high, is that because the residual on a Denali is not strong? Is GMAC the best lease source in your opinion? Thanks and have agreat day. Jeff in IL
Thanks for your previous information on my earlier post. As you suggested, I wanted to check back with you on the money factor in Volvo's June lease special. It may have been lowered and you said you might have more info today. Vehicle: V70 2.4 non-turbo, leather, sunroof, auto, traction, 15k/yr 39 mo. I pick up the car and sign papers tomorrow (THURS) and am curious to know if the dealer is trying to mark up the money factor.
Still waiting for my SC430 and considering my options. (I have until August)
1. Lease with minimum down 2. Lease with mufti deposits to lower payment 3. Cash chunk down & finance the balance 4. Cash it out
Thoughts? I'm leaning towards #2. It'll cost me $13K total down, leasing $55K for 48 months with a payment in the $730 range. I think #4 would be the cleanest, but why tie up the cash?
I have begun a lease (about 6 months ago) and am in-line with mileage allotment. But I have a few "what if" scenario questions.
1) If I exceed the mileage (36k), how common is it for the dealer or menufacturer to waive the excess fees in exchange for loyalty (i.e., buy or lease another car from them)? 2) If answer to #1 is favorable, then is this type of thing usually dealer-specific or is it manufacturer-specific? Out of curiosity, who then bears the excess mileage depreciation expense?
I'm sure all of this is semi-negotiable, just curious as to how common thir practice is. My dealer implied that it is fairly common, at least with them. Worst case, if under, buy and sell at profit; if over, buy and keep (or sell, depending on market value of the car); if even, buy or turn in, depending on what you want.
bmw sport 530ia 47500msrp 43958neg price 36 mths 12000 miles taxes in payment 695.00 mth 525 bank and 1st mth sec wavies + plates. I get 67% and .0030 for my payment of 695
Using your info, the payment is calculated as follow -
depreciation = (43958-29500) = 14,458/36 = 401.61
interest = 47500+43958*.003 = 274.38
total payment should be 401.61 + 274.38 = $675.99 plus tax based on the info you gave.
Unless the $695 includes tax, it sounds like the dealer's numbers are off a little bit on the high side - they may be padding the money factor a bit or the sales price of the car is really a little higher than 43958.
You the man. Thanks for the info on the Jetta and Civics. I have a few follow ups since the lease numbers for 3 year leases that you provided were much better than I originally anticipated.
What is the MF and Residual for a 2 year lease and 15K/year mileage allowance on both the Jetta GL and Civic LX ? Also, is there an acquisition fee when financing through VW.
Mtnsun, I didn't mean to imply that you will be forced to lease through Chase at certain dealerships. Rather, many dealers steer their customers toward that program for some reason. Perhaps it offers lower lease payments on certain models from time to time. Many consumers don't even realize that they have an option as to which bank to lease through. Generally speaking the dealership that you are working with will try to run your lease through the bank that provides the lowest monthly payment so that they give themselves a better chance of earning your business.
Brent, Audi is providing a decent amount of lease support on the 2001 allroad right now. In fact, I just saw a nationally advertised lease on one the other day. According to the ad, you can lease a 2001 Audi allroad quattro w/automatic transmission, Convenience pkg., Premium pkg., & sunroof for $499 per month with $1,300 down over 39 months with 10,000 miles per year. Plus Audi will waive the acquisition fee and security deposit for all A6 leases through the end of the month so you won't have to pay them. This is a pretty decent deal and should give you a good reference point to work with while shopping. Also, keep in mind that Audi has a loyalty program for returning customers that will pay your first month's payment. It's a nice little perk if you are eligible for it.
Aculex, unfortunately it is very difficult for me to keep track of all of the pre-owned lease programs that are out there. As you can imagine the fact that one can lease different model year vehicles with different mileage allows for a million different possible residual values. I don't know if Lexus is providing any support on this pre-owned vehicle right now. My guess is that they probably are not, but it is tough to say for certain. If not and you decide to lease one through Lexus Financial Services, you will have to use their standard lease money factor which I imagine is very similar to their new vehicle standard lease money factor of .00300. You should be able to lease this truck through Lexus without any money down. Once you have reached an agreement as to the price of the truck that you want, you can then fill out a credit application and see what sort of lease the dealership will be able to get you on it.
Sure Jeff, a GMAC lease on a 2001 GMC Yukon Denali is based on a lease rate of 7.75% and a residual value of 50%. That lease rate is equivalent to a lease money factor of around .00323. You are right, this is an expensive truck to lease but the payment that I came up with is right about what I had expected it to be. I am not familiar with the exact sales tax laws for the state of Illinois, but you should be able to find out more information by visiting the CyberDrive Illinois Web site. It is tough to say whether or not any other banks out there have better lease programs for this truck than GMAC. Given the small amount of lease support on this truck though, it would not surprise me if one did.
Genearch, the second option that you presented is probably the way that I would go in this situation, too. Then again, I am a big fan of leasing vehicles if the numbers are right. I have leased my last three cars and will likely do so again in the future. You are right $55,000 is a lot of cash to plop down all at one time.
You're welcome, hooops. The 2 year lease rate for a 2001 Jetta GL through VW Credit is .00255, slightly higher than their 3 year rate for this car. The 2 year 15,000 miles per residual value for this car should currently be 63%. The 2 yr. 15K numbers for the Civic LX should be .00345 and 63% respectively.
You're right. So that lowers the payment another $50 per month. What was I thinking?
So there's some serious dealer manipulation going on there, methinks...$70 per month is a big jump. That's like inflating the sales price by $2,500, or raising the money factor up to .004 (9.6%).
Hi-I have a buyer to assume the lease on my Saab. With even Chase's leasing policies, though I transfer the lease, my name is still on it. The buyer is willing to cut me a check for the remainder of the lease payments as insurance against him defaulting. However, I'm wondering if there are any legal alternatives I have upfront to protect me since insurance isn't an option. Please advise.
In case I can't get the deal I want on a Jetta GL or Civic LX, I'm looking into a Corolla LE as a back up. Can you provide the MF and Residual for both 2 yr and 3 yr leases, each with 15K miles/yr. If you know of rebates that can be applied and if there are any acquisition costs that info would be greatly appreciated.
Comments
I'm new to leasing so please help...looking at BMW 325I..$30,080....which is $1,000 below MSRP.
Quotes: $1,700 down, $564 for 36 months
OR
$0 down, $625 for 36 months.
How does this look? People are telling me it should in the mid-upper 400 range. Thanks very much.
I have worked out a deal on a new Volvo V70 2.4 non turbo w/ leather, touring pkg, versatility pkg, Winter& trac. ctrl pkg, auto and sunroof. I got 300 over invoice and the color I wanted.
My question is what are the official numbers on the car for the Volvo Finance June lease specials for 39 mo. and 15 K a year? 2 different dealers have given me quotes of:
-Residual 48% Money factor of .00036 on a similar car
or
-Residual 52% Money factor .00056 on the car I want.
Can I ask them to give the lower MF with the higher residual, or do they somehow correspond? Its not a major deal, but it might save me $500 over the lease term. Also my credit/beacon score was 780. Does a higher rating get them to sometimes waive a security deposit or does Volvo Finance require it.
I plan on picking up the car and signing papers Thursday, just wanted to know the "real numbers"
Thanks, Kevin O. in Minneapolis
1. Lease with minimum down
2. Lease with multi deposits to lower payment
3. Cash chunk down & finance the balance
4. Cash it out
Thoughts? I'm leaning towards #2. It'll cost me $13K total down, leasing $55K for 48 months with a payment in the $730 range. I think #4 would be the cleanest, but why tie up the cash?
Per my earlier post while you were away, I am still interested in the mf and residual rates for a 2001 OB Wagon base 5sp in California for 36 mos 12K and 15K miles.
Also, I learned from a dealer that Subaru uses Chase for manufacture leases, i.e. there is no Subaru Finance Crop. Is that correct? Is that common, using a third party bank in the role of a captive finance co?
Regards.
Good Luck.
Here's the situation...my wife and I need a larger vehicle due to the birth of our first child.
We currently have a 99 BMW 328i, Titanium Silver, 26K miles, good/excellent condition, all options except NAV and rear seat air bags. It was acquired through BMW's Owner's Choice Program (basically a lease with a balloon payment due at the end) for 3 years at 15K miles per year. There are 10 payments remaining at $621 each and the current payoff is $32,305. Research of multiple sources shows avg. trade-in of $29,000+ and average retail of $35,000+.
We'd like to lease a 2001 GMC Yukon Denali.
Two issues:
1. What should we expect our lease payment to be on the Yukon? Our choice would be 3 years, 15K miles. MSRP is $46,150, Invoice is $40381, Dest. charge is $730, Dealer Holdback is $1,385. It seems very possible to pay about $1000 over invoice at local dealers(state of IL).
2. In your opinion, will the BMW be a liability for us? It appears to me that its value is strong versus the lease payoff. Could this help lower the cost of the Yukon as a trade-in?
Thanks very much for your consideration!
Jeff in IL
thx
Can you please provide the MF, Reisidual and if there are any acquisition
fees when leasing directly with Honda. Also, if you happen to know what
60 month financing Honda is offering for the civic, could you post that as
well. Thanks.
looking at a 2001 grand am gt sedan w/value package
leasing at 36 months @ 12,000 miles per year
also, can a dealer fluctuate from this residual factor? if so, what would be the difference be between a lower or a higher residual factor and which would benefit me more?
thanks
.0028 for a 525.
Trejos28, your question sounds really familiar to me. I believe that you must have posted it in a different topic where I responded to it yesterday. If you have trouble finding it, please let me know and I will try to figure out where it is. Thanks.
Car_Man
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Generally speaking individual dealerships do not have any authority to alter the lease money factors and residual values that banks publish. The one exception to this is that they often are allowed to mark-up lease money factors in order to bake additional profit into their deal.
From time to time Volvo Finance will waive the security deposit on certain models. They frequently do so for returning customers, but I don't think that whether they will or not has anything to do with your credit score.
Car_Man
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Some manufacturers do run their lease programs through major banks rather than having a captive finance company of their own, but Subaru does have its own financial arm. I do know that for some reason many Subaru dealers choose to lease their vehicles solely through Chase. They must have a very competitive program, but I don't know its exact details.
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Thank you, but I have a follow up question. Are you saying that at some dealers I cannot use Subaru's own finance company and I have to go with Chase? I don't have the choice? If that is correct, why would that be the case? It doesn't make sense. I would think I would be able to choose the best deal. What do you think? Many thanks.
I have heard some great lease deals are available on the allroad right now, and am wondering what information you can provide me. I would greatly appreciate any of the current numbers for an allroad lease, and your opinion on whether to act now or wait for something better in a few months.
I'm looking for no money down, and either 36, 39, or 48 months, depending on which is most favorable. Also might want to purchase some extra miles up front (do you have Audi's upfront cost vs. lease-end cost??).
I really appreciate you being here for us--the service you are providing at no cost is awesome!
Thanks in advance,
Brent
Welcome back - good to hear you had a nice vacation.
I would appreciate your advice - I am looking to lease a Certified Pre-Owned 1999 RX300 from a Lexus dealership in New York. The models I am currently looking at have about 30K miles on them.
The advertised price is $28,500, which I feel is fair according to Edmunds's TMV, but will try to negotiate down (always worth a try). It's pretty much loaded.
My questions are:
What should be the residual value be on a 36 month lease? Since this is a pre-owned car, I would assume the residual should be much higher than the 56% range for new cars.
What would be a fair money factor from Lexus Finance?
To follow your advice, I would like to put no money down - is this possible with Lexus?
How should I initiate the process - should I submit a credit application with the dealership prior to negotiating price or after we lock the price/residual down?
If possible, would you please provide a sample lease scenario based on the above? Again, I am looking to lease for 36 months - and possible in late July, when hopefully the sales incentives kick in.
Thanks in advance for your help!
Aculex
Even though you still have payments remaining on your current car, if its actual market value turns out to be higher than your purchase option then yes it actually could provide you with some equity to use in your negotiation of the lease on the truck that you want. You will need to speak with the GMC dealership that you are working with to see how much money they would be willing to give you for your BMW as a trade to find out where you stand.
Car_Man
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Generally speaking individual dealerships do not have the authority to alter a bank's published residual values, so this really is not something that you will have to worry about during your negotiations. Just for your information though, the higher a vehicle's residual value is, the less depreciation you are paying on it, and in turn the lower your lease payments would be.
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Thanks for the response to my questions in post 1210. A couple more...Can you tell me what money factor and residual you used in your calculation? How are IL taxes paid? On the lease amount or on the entire purchase price? $717 seems a bit high, is that because the residual on a Denali is not strong? Is GMAC the best lease source in your opinion?
Thanks and have agreat day.
Jeff in IL
Thanks for your previous information on my earlier post. As you suggested, I wanted to check back with you on the money factor in Volvo's June lease special. It may have been lowered and you said you might have more info today. Vehicle: V70 2.4 non-turbo, leather, sunroof, auto, traction, 15k/yr 39 mo. I pick up the car and sign papers tomorrow (THURS) and am curious to know if the dealer is trying to mark up the money factor.
Thanks as always,
Kevin O. in Minneapolis
1. Lease with minimum down
2. Lease with mufti deposits to lower payment
3. Cash chunk down & finance the balance
4. Cash it out
Thoughts? I'm leaning towards #2. It'll cost me $13K total down, leasing $55K for 48 months with a payment in the $730 range. I think #4 would be the cleanest, but why tie up the cash?
1) If I exceed the mileage (36k), how common is it for the dealer or menufacturer to waive the excess fees in exchange for loyalty (i.e., buy or lease another car from them)?
2) If answer to #1 is favorable, then is this type of thing usually dealer-specific or is it manufacturer-specific? Out of curiosity, who then bears the excess mileage depreciation expense?
I'm sure all of this is semi-negotiable, just curious as to how common thir practice is. My dealer implied that it is fairly common, at least with them. Worst case, if under, buy and sell at profit; if over, buy and keep (or sell, depending on market value of the car); if even, buy or turn in, depending on what you want.
Thanks in advance.
36 mths 12000 miles taxes in payment
695.00 mth 525 bank and 1st mth sec wavies + plates. I get 67% and .0030 for my payment of 695
Using your info, the payment is calculated as follow -
depreciation = (43958-29500) = 14,458/36 = 401.61
interest = 47500+43958*.003 = 274.38
total payment should be 401.61 + 274.38 = $675.99 plus tax based on the info you gave.
Unless the $695 includes tax, it sounds like the dealer's numbers are off a little bit on the high side - they may be padding the money factor a bit or the sales price of the car is really a little higher than 43958.
You the man. Thanks for the info on the Jetta and Civics. I have
a few follow ups since the lease numbers for 3 year leases that
you provided were much better than I originally anticipated.
What is the MF and Residual for a 2 year lease and 15K/year
mileage allowance on both the Jetta GL and Civic LX ? Also,
is there an acquisition fee when financing through VW.
Thanks.
Car_Man
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So there's some serious dealer manipulation going on there, methinks...$70 per month is a big jump. That's like inflating the sales price by $2,500, or raising the money factor up to .004 (9.6%).
In case I can't get the deal I want on a Jetta GL or Civic LX, I'm looking
into a Corolla LE as a back up. Can you provide the MF and Residual
for both 2 yr and 3 yr leases, each with 15K miles/yr. If you know of
rebates that can be applied and if there are any acquisition costs that
info would be greatly appreciated.
Thanks.