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Lease Questions - Ask Here

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  • gwpricegwprice Member Posts: 14
    MSRP is $42,750 and cap cost/sale price is $40,802 (invoice +$1K). I may add a small cap cost reduction, but not much. Monthly payment should be near $600. I believe the money factor should be the same regardless of term. Car Man will know for sure--that's why he's the Car Man!

    You'll definitely enjoy the E-wagon. Nice.
  • bobhalvbobhalv Member Posts: 3
    I'm looking to buying a 2001 ford F-150 at invoice plus 1500 rebate plus 2.9 financing. I'm wondering if I should jump in now or wait to see if it even gets better.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Topgun7, Lexus does have a slight amount of lease money factor support on the 2001 RX 300 right now. Their supported factors on this truck are available on all RX 300 models, but they are only slightly less than 1% lower than the normal Lexus Financial Services standard factors. I believe that you should still be able to put down multiple security deposits to buy-down the interest rate on this truck if you choose to.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Topgun7, General Motors recently enhanced their special financing programs. The new program provides 0.0% for up to 5 years on all 2001 model year cars, including the DeVille. However, these rates are available to consumers who sign traditional finance contracts only and may not be used to lease 2001 models. GM ended their lease support on its '01 models a month or two ago and it has not been reintroduced.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Nnewcarbuyer3, one reason why the lease payment that the dealership provided you with is higher than what we cam up with may be that they are using a higher lease money factor than we did. The last that I heard, Mercedes-Benz Credit Corp.'s base standard lease money factor for individuals who qualify for their top credit tier was .00329. The dealer that you are working with may be marking-up the base MBCC money factor in an effort to bake a little more profit into your deal. Also, I didn't include tax in the payment that I calculated. The addition of tax will increase the monthly payment quite a bit. Other than that, the only reason that I can think of why the payments may be different is that we didn't take the upgraded wheels which can not be residualized into account. At a price of $2,000 the wheels would add an extra $55.56 each month to your payment if they weren't residualized.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Gwprice, you are right. As I mentioned in my previous post, the last that I have heard, Mercedes-Benz Credit Corp.'s base lease money factor for consumers who qualify for their Tier 1 was .00329. I suppose that this may have changed since the last time that I saw their lease program, but given the current financial environment I would think that their rates would be falling if they moved at all. Again, the last that I saw MBCC had an acquisition fee of $595. This is already higher than the fee that many other banks charge and I doubt that they are required to charge a fee of $895. Dealers are often allowed to mark-up a bank's base acquisition fee in order to make a little more money on leases. That may be what is happening here. If you would rather negotiate with the dealership that you are already working with on these issues rather than comparison shopping a little bit, just tell the salesperson or manager who is helping you that you have spoken with several people who were able to get the lower money factor and acquisition fee on their leases and that you would like them as well.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi Cary. I already responded to the identical post that you made in the discussion called " VW Passat lease info?." Please feel free to use the following link to check out my post: Car_man "VW Passat lease info?" Sep 23, 2001 9:52am . Thanks.

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  • topgun7topgun7 Member Posts: 412
    Hello Car_man, thanks for the info. We took the bait this afternoon and took home a pearl white, 01 Devile DTS. As you pointed out the 0.0% finance only apply to the purchase, not lease. Our final deal is $50,817 MSRP, purchase price $44,817 (the invoice is about $46,xxx) - $1,000 rebate (for being a olds alero owner) - $660 GM card earning. The whole deal including tax, license, luxury tax etc. are all financed with the 0.0%, 5 year for a monthly payment of $790. At the beginning of the model year, I don't believe we can lease the same car for $790 a month, let alone purchase it for the same monthly payment. The dealership is as quiet as can be. We are the only client for 2 hours in the combined cadillac and chevy showrooms.

    We started out 5 months ago wanting to replace my alero because of the poor crash test from IIHS. We end up with replacing my wife's RX as well with the SC430. Without the information gathered from this board, we won't be able to recognize the deals for both the SC and the Deville. My hat off to you for all the help and education that you provided in this board. Hopefully, I can get more sleep now and don't need to shop for any other cars for at least 3 years. Thanks. 8-)
  • lotus18lotus18 Member Posts: 37
    Car_man,
    What are the negotiable items to discuss while inside a car dealer's financial office? You have given us mostly the money factor and residual values from the auto manufacturer, are they negotiable? Can you tell me which items are open for negotiation and which are not? I am a little confused here.
    Also, you mentioned that we can put down multiple security deposit to buy down the rate. Do you mean we can increase our security deposit to get a lower money factors? And I remember you always tell us that zero down payment is always the sensible way to go, then I guess the 'mutliple security deposit' is also sensible, correct?
    Please pardon my stupidity since this will be my first lease, I rather to show it here to you and not to the financial officer in the dealership. Thanks.
  • tgif888tgif888 Member Posts: 351
    Car_man,

    Audi is currently had a factory support lease on the A4 2.8 Quattro. The money factor is .0008 for a 4yrs/10k per year lease. I think this is good. What do you think?
  • tgif888tgif888 Member Posts: 351
    Car_man,

    What is the residual value on the A4 2.8 Quattro for 4 yrs/12k per year?

    Thanks
  • im_brentwoodim_brentwood Member Posts: 4,883
    Well..

    If it helps:

    Base money factors are not negotiable. They are set by the Manufacturer or bank. However, they can be marked up by the dealer.

    Residuals are not exactly negotiable. Some banks will allow a lowering of the residual, but it cannot be increased.

    Cap cost is the selling price of the car, in almost all cases, that sure is negotiable! But ask if the bank fee is included in the cap cost, the deal may be better than you had thought or it might not be.

    Security deposits and bank fees are not exactly negotiable either. They can be "waived" but generally the money factor will increase to cover that. I.E. GE Capital used to charge .00040 or .00050 to waive a bank fee, not a good deal most of the time!

    Multiple security deposits can be used with most banks to lower the money factor. Its' important to know how to use this wisely. Jaguar Credit, as an example, allows a .00015 reduction for each extra one. Volvo and Lexus/Toyota allow .00010 for each extra one.

    It can be a great way to use your cash on high cap cost vehicles where the lease charges can be high due to the nature of the beast.

    Bill
  • hsj1906hsj1906 Member Posts: 42
    Exactly how does the multiple security deposit scheme work?

    You mentioned that Lexus gives you a .00010 reduction in money factor for each security deposit. How much do you have to apply for these security deposits (e.g., is it the same as the security deposit normally required?)? At the end of the lease, do you get this money back?

    If you do get the money back, I suppose this is what makes a multi-security deposit program more beneficial than decreasing cap costs with a downpayment.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Congratulations on getting your new car, topgun7. I think that you did great. It is tough to beat interest-free financing for 5 years! That is definitely the way to go if you want a 2001 GM model at this point. Enjoy your new car.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Lotus18, I personally would say that the price of the vehicle that you are interested in is probably the single most important thing to negotiate when one is trying to lease a new car or truck. Once you have reached an agreement on a price that you are comfortable with, I think that the next most important variable on a lease is the money factor. Dealerships often have the authority to "mark-up" a bank's base lease money factor in order to bake additional profit into a deal. So, it is probably a good idea to speak with other consumers here in the Town Hall who are shopping for or who have leased the vehicle that you are getting to see what sort of money factor they got or you can check with me to get an idea of the money factor that you should be able to get prior to speaking with the F & I guy. As a rule of thumb, you can always convert the lease money factor that you are getting into an approximate interest rate equivalent by multiplying it by 2400. So, for instance a money factor of .00280 should be equal to about 6.72%, which is a pretty decent money factor on a lot of vehicles. Your car's residual value is less important, because individual dealerships really don't have the authority to alter banks' resids. Just make sure to keep an eye on how many miles per year you are allowed to drive without penalty. Dealerships will sometimes reduce a consumer's allowed mileage in order to raise their vehicle's residuals and in turn lower the monthly payment. As far as multiple security deposits go, some banks allow consumers to put down several security deposits on the vehicle that they are leasing. For every additional deposit, i.e. $400, $800, $1,200, they will reduce the lease money factor by a certain amount. In my opinion, this is a much better way to lower your monthly payment on a car or truck than making a down payment.

    Car_Man
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  • topgun7topgun7 Member Posts: 412
    We used this about a month ago when we leased a 02 Lexus Sc430. We put down $7425 refundable security deposit. In return the money factor drop from 0.0029 to 0.002. It save us about $86-90 per months. The security deposit actually generate a tax free/risk free (unless I consider myself a credit risk, he he)return of about 13% a year. in today's environment, it is probably better than 90% of the alternative investment out there now. I read somewhere in this board that BMW also offer multiple desposit. Check with the finance manager or sales manager, most salesperson don't know anythings about this kind of program. You have to ask the question point blank. Finance manager won't offer this information on their own. They would move you to the best lease program for the dealership, not you and I. When we leased our 01 RX300, the finance manager put our lease to Firstbank without telling us anything about multiple deposit from Lexus. I wished we knew it then, it would have certainly saved us some money. It is a buyer beware kind of things. Hope it help.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Its' pretty simple..

    Example on a Jaguar XJ8:

    Say the money factor was .00178 and the monthly lease payment was.. say.. $895 so the security deposit was $900.

    Say you put down the max of 10 EXTRA Security deposits of $9,000.

    You'd get a .000150 reduction in the money factor, bringing it to .00028

    On a car with, say, a $52K cap Cost and, say, a $28K residual over 36 months...

    By investing the $9,000 you'd save $4,375 in interest charges. A nearly 50% return on your money for 3 years. And, like topgun said, its' "tax-free".

    If the reduction was .00100 (10 x .00010) You'd still save $2,916 which is still close to 11% per year. Not a bad investment at all!

    It depends on your cash flow..etc... though, but if you have the cash, it is, without question, the way to lease a car. Also, it is MUCH smarter than a huge cap reduction, whichis foolish. The key is reducing your overall ownership costs...

    Bill
  • 43proof43proof Member Posts: 1
    I am looking to lease a 2002 Hyundai Sante Fe within the next 2-3 months. I have poor credit and my wife has stellar credit. Can she cosign, can we combine our credit scores? She doesn't make enough (teacher) to just put it in her name only since she also has a lease payment. Where can I find somebody to answer these questions. Any idea what sort of % I would get with an average credit rating?
  • gwarrengwarren Member Posts: 56
    Car_Man
    The last few days both GM and Ford have announced additional incentives via financing. SO far Chrysler has not announced their intentions. Have you heard any "advance notice" or will I have to wait until October 3rd to find out. Even then it usually takes a few days to get the full details. I am gambling on them coming in with some real assistance, as I would like to get the 02 Sebring Limited Convertible

    Of course with only a week left on my lease I am getting anxious. I can get a great deal on a 01 but not in a color that I want. I don't think that I am willing to settle.

    Gary
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Bob, this discussion is really for community members who have questions about leasing. I think that your post would be more appropriate for an incentive-related discussion. Still, I will respond to it here since you have already posted it. Late Thursday or early Friday, Ford enhanced their special financing programs on most of their vehicles in response to a similar move by General Motors a few days earlier. This is almost certainly the best time this year to purchase a new Ford product. It is tough to say whether their deals on the F-Series will get any better after their current program ends. If I had to guess, I would say that they probably won't make any dramatic enhancements to this truck's program. Sure there is a chance that they will offer a little more cash on it, but I don't think that it is worth waiting for given the fact that the longer you wait the more difficult it will be to find a left-over 2001 model with the exact options and color that you want.

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  • tgif888tgif888 Member Posts: 351
    Car_man,

    Audi is currently had a factory support lease on the A4 2.8 Quattro. The money factor is .0008 for a 4yrs/10k per year lease. I think this is good. What do you think?
    Can you also tell me what is the residual value on the A4 2.8 Quattro for 4 yrs/12k per year?

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Gary, DaimlerChrysler has finally announced that they will be enhancing thier incentives program effective today or tomorrow. This program provides enhanced special financing rates on many 2002 models, increased dealer cash on some 2002s (including I believe the Sebring but I don't know if it includes the Convertible yet), and a few other revisions. They delayed releasing the official details until they could tie up some loose ends, but I should be able to fill you in on the exact details within the next day or two. Stay tuned.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi again, tgif888. I don't know where you got your information on this car's current lease program from, but I am impressed it is right on the money. This is a very low lease money factor. It is equivalent to an interest rate of slightly over 1.9% or so. This is a low rate to begin with and if you got this information from a dealership it looks as though they aren't going to try to mark it up on you, so yes I definitely think that this is a good lease program. In answer to your second question, the Audi Financial Services lease residual value for a 2001 A4 2.8 Quattro leased through them for 4 years with 12,000 miles per year should currently be 44%.

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  • tgif888tgif888 Member Posts: 351
    Thanks. Sister-in-law just lease one last Sunday and I want to make sure the residual money is right. Thanks.
  • tgif888tgif888 Member Posts: 351
    It is an advertised lease special. It is available in all S. Cal Audi dealer.
  • lotus18lotus18 Member Posts: 37
    Car_man,
    Thanks for your answering my leasing questions on the 02' Odyssey.
    A friend of mine is struggling between a 02' Mercedes Benz C240 & the new Infiniti I35. Can you find him the money factor & residual value for these 2 models. His intention is to lease for 36 months/12k or 15k too.
    Thanks again.
  • lotus18lotus18 Member Posts: 37
    Car_man,
    Out of my own curiosity, are the money factor and residual value the same for MB C240 & C320? If not, can you tell me what are the difference between them for 36 months/12k
    Thanks.
  • joesteinjoestein Member Posts: 23
    Car Man,

    I am have finally moved into New Jersey and are ready to buy/lease a car. Can you tell me, is there any special incentives, and what are the residuals and money factors for the following cars:

    1) Ford Escape
    2) Honda Cr-v
    3) Jeep Cherokee

    And do you know of any SUV which has an extraordinary good lease deal right now? (other than XL-7)?

    I am in Monmouth county in New Jersey.

    Thanks for all your help.

    Joe
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Lotus18, I have seen the lease program for most 2002 model year Mercedes-Benz vehicles already, but to the best of my knowledge, Infiniti has not yet issued a lease program for the I35. Has it arrived in showrooms yet? If you were to lease a 2002 C240 through Mercedes-Benz Credit Corp. right now, I believe that the 3 year 15,000 miles per lease money factor and residual value should be around .00329 and 65%, respectively. The 12,000 miles per year residual value would increase to 67%. Although the price would obviously be different, the 2002 C320 would have the exact same money factor and residual value.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Joe, I would be more than happy to fill you in on the details of the lease programs for these SUVs. I have seen the latest programs for all of the vehicles that you are interested in, however it would be a big help if you would let me know how long you plan on leasing for and how many miles per year you will need. As soon as I have those additional details I can tell you the exact lease parameters of these trucks and even approximately how much it should cost you to lease them. Talk to you soon.

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  • tgif888tgif888 Member Posts: 351
    Yes, it had hit the showroom since last week. It really looks like a min Q45. It has the same wheel design and the same front mask. Most dealer is selling at MSRP right now. The most discount I saw so far is $1500 MSRP.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Yup..

    I've seen 2 on the road. One with a Tag already on it and my neighbor's Black one.

    I got to drive it... The I30 never really got me too psyched, but this is one serious deal for the $$. $32K or so with Navi...etc... Really really impressive car. Much nicer than a TL IMHO.

    Best deals in FL at the moment seem to be $1,000 off or so. That was from a Dealer in Tampa most likely due to him living in Orlando.

    He leased it. Said residual was 57% for 36/15K but his was dropped 2pts for Navi (Which makes sense). He also thought he paid a .00275 factor. I think his lease was through SouthTrust...

    Bill
  • seqladyseqlady Member Posts: 59
    Hi Carman, are there any numbers out yet for the 2002 Audi's?? Our lease is coming to an end on our '99 Audi, and we want to lease another. Looking at 12K miles/yr, 5-speed A4, sunroof. Also very interested in the new convertible A4, but don't think that will be available anytime soon. Do you have any info on this? Thanks for all your help.
  • gwarrengwarren Member Posts: 56
    Car_Man

    It appears Chrysler has come out with their incentives, and this is what I see: on a Sebring Limited Convertible
    1. There is a $500.00 Dealer Cash Incentive On either a Lease or purchase
    2. If buying then a 0% for 36 months or 2.9% for up to 60 month financing available
    3. An $1,500 Lease incentive to all +
    4. A $1,000 Lease Loyalty in addition for a total of $2,500 Lease cash

    Somehow though, even with $3,000 off of the invoice using the lease factors of 46% residual and .0035 (8.4%)the lease is still high over $450.00 Is this possible? Do you know if there will be a reduction in the Money Factor.
    AS I will be buying ASAP need any other info you might have. Thanks again Car_Man

    Gary W
  • kbehnkekbehnke Member Posts: 60
    Hi Car_Man,

    A friend of mine was recently in an accident with her leased 2001 Nissan Pathfinder. She wasn't hurt, but the Pathfinder received extensive damage. Right now, the insurance company is hoping to repair it with an estimate of $13000 in damage. However, the body shop said that could increase significantly once they determine if the frame has been damaged. What we're wondering is what happens to the lease if the vehicle is 'totaled'? Is the lease voided? She is only about 8 months into a 48 month lease, so would she lose the downpayment and have to start over? If so, since the other driver was at fault perhaps her insurance company could get that amount back from the other drivers insurance company. I lease also, but I guess I never thought about this situation. I would be interested to hear your take on it.

    Thanks.
  • gwarrengwarren Member Posts: 56
    Car_Man
    Is it true that Chrysler also lowered their Money Factor to .00208 as well?
    This being on the Sebring Convertible

    Gary
  • gwarrengwarren Member Posts: 56
    Kbehnke,

    Unfortunately that is the down side to a lease with a lot of money down. Generally your Lease agreement will include Gap coverage so that you would not be responsible for any further payments if the vehicle is totaled or stolen. Your Insurance pays it's limit and then the Gap coverage comes in next, so that the lender is made whole. But the Lessee (You) gets to walk away, but any down payment and other up front fees are usually lost. You can go after the other parties liability if they were at fault.

    Gary W
  • im_brentwoodim_brentwood Member Posts: 4,883
    Another nice thing about leasing is just this...

    Say the Pathfinder is repaired. At lease end, as long as it looks fine, your friend wont be penalized because of previous accident damage like she normally would be on a trade-in.

    Substantial Paintwork and structural repairs can have an enormous impact on wholesale values...

    Bill
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi seqlady. Yes, Audi has issued lease money factors and residual values for most of its 2002 models. However, as I am sure you are well aware the 2002 A4 has been completely redesigned and is arriving at showrooms a little later than their other '02 models. As a result, Audi Financial Services did not issue a September lease program for the 2002 A4. Their current lease program is only scheduled to run through September 30th (today). There is a decent chance that they will issue money factors and residuals for this car in their October program which they will come out with early this week. Of course, given the fact that this is such a new car I highly doubt that Audi will initially offer any sort of lease support on it. So, if you lease one through Audi's captive finance company you will likely have to use their standard money factors. In September their standard factor was .00295 for up to 48 month terms on most models. This should give you an idea of what to expect when this car's program is finally introduced. By the way, I was at the North American introduction of the 2002 A4 and I must say that Audi did an outstanding job with it. It looks just like a mini A6, which I love. If you would like, please feel free to check back with me mid-week and I will let you know if I have heard anything about this car's lease program yet. Talk to you them.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're really on the ball, Gary. You certainly have done a good job at finding out about DaimlerChrysler's incentives enhancements for this car. Your description of their new program is right on the money. This certainly makes getting a 2002 Sebring Convertible more attractive than it was a week ago. In your post, you asked me if I knew about any special money factors that DaimlerChrysler was offering on this car. Well, I have good news and bad news for you. The good news is that they are actually offering supported money factors of .00140 - .00235 (about 3.36% to 5.64%) through Chrysler Financial on the 2002 Sebring Convertible. The bad news is that you live in the state of Florida and the only areas that I have seen that these special money factors are available in are Detroit and New York.

    Car_Man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Kbehnke, I am sorry to say that if your friend's vehicle is totaled she will essentially lose the down payment that she made on it. This is one of the reasons why I always advise consumers who are looking to lease a new car or truck to put as little money down as possible. I don't know if for certain if the individual who caused the accident could be held liable for the down payment of the totaled vehicle if they were sued sued or if your friend pursued the matter with the other person's insurance company. If the down payment was a substantial amount of money you may want to advise them to consult a lawyer to see what their options are.

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  • gwarrengwarren Member Posts: 56
    Car_Man
    Thanks again, As of today any of the leases that I have been offered are "NOT" from Chrysler. The dealers in this area are all using outside lenders for the lease, as they claim it comes out to be less than direct from Chrysler. This can be true as I can do to the Chrysler web site and plug in the numbers based on the prices I have been offered. It ain't pretty as the Monthly comes in at over $450 a month. I just don't believe this vehicle warrants that high a payment.

    With a 3.36 MF it may become more fair. I really don't want a 48 month lease and with an unknown lender. And that is what I have been offered. I hope that Chrysler does something soon.
    Gary W
  • meinradmeinrad Member Posts: 820
    I'm interested in tying to transfer the lease on my ragtop so that I could purchase a more family oriented car. I've heard about swapalease.com and it looks pretty legit. Has anyone used that service or any other to transfer a GMAC lease. If nothing looks good then I'll just take it to lease end, but I figured transfering the lease might be worth a shot.
  • maxwella11maxwella11 Member Posts: 14
    Hi Car_Man... I'm interested in a 2002 Audi TT roadster, 225 hp. Can you give me residual and money factor for a three- and four-year lease? 12K miles.

    Also, you hearing anything about the roadster market these days? I know dealers had a hard time clearing out the 2001 roadsters...think they may discount the 2002s some?

    Thanks!
  • lotus18lotus18 Member Posts: 37
    Car_man,
    Can you tell me something about the one pay lease ?
    Will there be any incentive to do that, say may be lower interest rate ? And which car manufacturer offers this knid of one pre-payment for the whole term of lease ?
    I know you do not recommend large down payment for any lease, but what is the down side of this kind of lease ?
  • fuzzywuzzyfuzzywuzzy Member Posts: 958
    Where on the internet for free can I find the Residual value of cars?? I want that info before I try to lease.

    Also does your credit effect if you can lease or not. I'm 26, have one credit card, with only a $300 limit, but have been financing(with a co-buyer) a $30K car. It's a 4 year loan, & I have paid 2 1/2 years of it off. I now owe less then what the car is worth. I was thinking of trading this on on the new car. Can I do that with a lease? Does your credit have to be real good, or ok to lease? I got my credit scores, & records, but not sure if they are good enough to lease. The car I'm in now, they wouldn't let me lease because I had no credit. I also don't want the need of a co-buyer. I want this on my own. This was also my first new car ever.
    Thanks
  • jeffreyb3jeffreyb3 Member Posts: 14
    Car_Man:

    I was lucky to find a 2002 M3 Coupe with no wait (it was a cancellation). As this is a hot car, the best one could do is list price. Could you provide me with BMW's current residual's for the 2002 M3 for 24/30/36 months with 12,000 miles per year. Also, what is the current money factor for these terms?

    As usual, thanks for your help - You are a wealth of leasing knowledge and expertise. I'm sure you've helped many consumers avoid overpaying by arming them with facts not secrets!

    Jeff
  • hsj1906hsj1906 Member Posts: 42
    Is there usually a difference between the residual values for a 36 month lease vs. a 39 month lease? I am looking into leasing a 2002 ES 300 and I was curious what the residual values are for 36 months, 39 months and 48 months (I assume the MF will be the Lexus standard of .00300).
  • meagvgmeagvg Member Posts: 13
    Hello Car_Man,

    Can you help me get the current residuals and MF for the 01 and 02 Lexus LS430. I'm looking at a 36(or is it 39?) month, high mileage lease at 10 cents per extra mile up front. Is there any support on the 01 models now that the 02's are on the lots?

    Thanks very much,
    Mike
  • lotus18lotus18 Member Posts: 37
    Car_man,
    In addtiion to my previous question about the one pay lease, I have another question.
    Since the Infinti I35 is too new to have the factor and residual value available, can you tell me instead the number for 01' I30 so that I can approximate the figure for the new I35 ? As always, thanks for the help.
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