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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi shs111. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    If I was in the market for an Acura RL, I personally would seriously consider leasing it rather than financing it. I say this because Acura is providing $2,500 dealer cash on leases of '05 RL models this month. This cash incentive is not available on models that are finance or are paid for with cash. If you decide to lease, make sure to take this cash incentive into account when negotiating your car's capitalized cost. I would be more than happy to calculate a sample lease payment using Acura's actual lease program on the RL that you are interested in for you, however in order for me to do so I need you to provide me with this car's full MSRP (with the destination charge added in).

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi jody5. Consumers are always free to lease any vehicle that they want without making any sort of down payment. In fact, I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it 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. So your lease-end purchase option price for this 4Runner would be exactly the same, regardless of whether you had put $4,000 down, or had made absolutely no down payment at all.

    The reason why the dealer that you spoke with quoted you such a large down payment is that they were trying to make the monthly payment of the truck that you want look more attractive. This lease does not look like a very good deal. I suggest that you comparison shop with a few other dealers in your area. You shouldn't have much trouble beating this deal.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    That is a very good question, drew10. I know that I have heard the answer to this before, but I can't seem to recall it right now. Let me think about it and see if I can recall why.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi rablaw. You have most of the information necessary to calculate a sample lease payment on this vehicle. The most important, and difficult to get, numbers are its capitalized cost and lease money factor. All you need now is its full MSRP (with the destination charge added in). I don't see why the dealer that you are working with wouldn't give you this number. The money factor that you were quoted is not great, it is around 6%, but the '06 Forester is brand new so there may not be much lease support available on it yet.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're welcome deejay2099. Let us know if you have any other questions.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here is the information that you are looking for vista. According to the latest information that I have seen, if you were to lease a 2005 Acura RL through American Honda Finance Corp. right now for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00235 and 57%, respectively. Make sure to take the $2,500 dealer cash that is available on leases of the 2005 RL into account when negotiating this car's capitalized cost.

    If you were to lease a 2005 Audi A6 3.2 through Audi Financial Services right now for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00110 and 51%, respectively. Make sure to take the $1,000 dealer cash that is available on leases of the 2005 A6 3.2 into account when negotiating this car's capitalized cost.

    If you were to lease a 2006 Infiniti M35X through Infiniti Financial Services right now for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00204 and 61%, respectively. A number of banks, I believe including IFS, allow consumers to buy down their vehicles' money factors by making additional security deposits on leases. You need to speak with your dealer to find out the exact reduction that IFS provides for each additional deposit.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Let's calculate a sample lease payment on this car, chunglau, and see what we come up with. According to my calculations, if you were to lease a 2006 Mercedes-Benz E350 Sedan with an MSRP of $50,850 and a selling price of $48,000 through Mercedes-Benz Credit right now for 39 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $572.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi Dave. Unfortunately, I have not seen Toyota's July lease money factors for leases of this truck in its Gulf States region. Sorry that I could not be of more help.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello Jeff. Lots of consumers lease vehicles for 24 months, but 36 to 39 month leases are much more common. Three year leases usually provide lower monthly payments than two year leases. This is because new vehicles experience their highest rate of depreciation during the first 12 month of ownership. By leasing for 36 months instead of for 24, consumers have an additional 12 payments to spread out this initial depreciation hit out over. Of course, there are cases where there is more lease support on 24 month leases that make them more attractive.

    Leasing definitely makes sense with the special GM employee purchase pricing that is available this month. This program provides consumers with a low capitalized cost for the vehicle that they are interested in, resulting in an attractive lease payment. I would be more than happy to calculate a sample lease payment for a 36 month lease on the car that you are interested in for you if you let me know what its full MSRP (with destination charges added in) and selling price are.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here you go rbevz67. If you were to lease a 2005 Nissan Altima 2.5 S through Nissan Motor Acceptance Corp. in July for 36 months with 15,000 miles per year, its base lease money factor and residual value should be .00172 and 54%, respectively.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello Ian. Leasing is not that complicated if you know what numbers are important. The two most important numbers to pay attention to when negotiating a lease are your vehicle's selling price and the lease money factor that is used to calculate its monthly payment. Your car's selling price is important because the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. The money factor is important because it essentially represents the interest rate that you are being charged. You need to find out the base lease money factor that is available on the vehicle that you want because dealers usually have the ability to "mark-up" banks' base lease money factors to add additional back-end profit to deals. I would be more than happy to give you an idea of what the lease progam is currently like on this car if you let me know how long you want to lease it for and how many miles per year you need to be able to drive it.

    Your wife's commute is only 4 miles? Man, I wish that I had that problem ;). Fortunately for you, while it didn't offer 10,000 miles per year leases in the past Infiniti Financial Services just started offering them a month or two ago. This would be a better mileage allowance for you than 12,000 miles per year.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Welcome liandyk. Nissan Motor Acceptance Corp.'s actual base lease money factor and residual value for a 39 month, 15,000 miles per year lease of a 2005 Murano S AWD are currently .00089 and 58%, respectively. To qualify for this factor, you have to pay a security deposit and qualify for NMAC's top credit tiers. If you are paying a deposit and have good credit, there is a good chance that the dealer that you are working with is marking-up NMAC's base lease money factor to add additional back-end profit to your deal. Using these numbers, an MSRP of $30,600 and a selling price of $28,068, I estimate that this vehicle should have a zero down, pre-tax monthly payment of around $306. If you were to roll NMAC's lease acquisition fee of $550 into your vehicle's cap cost instead of paying it at signing, it would increase your monthly payment to around $320. It is difficult to say what Nissan's August lease program on this model will be like at this time.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi jjfarrell3. Unfortunately, I do not think that there is a lot that you can do to avoid having to pay an excess mileage fee on your lease. Consumers can lease vehicles with 15,000 miles per year, and can even purchase additional miles on a per-mile basis at a reduced rate at lease signing. However, one cannot change their vehicle's mileage allowance once they have taken delivery of their leased vehicle. If I am not mistaken, the only way for you to avoid having to pay a penalty for every mile over 12,000 per year that you drive is to purchase your leased vehicle when your lease is up.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hey leaseshopper. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what its selling price is.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings pacer. You never mentioned the selling prices or MSRPs of the trucks that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing these trucks' selling prices in relation to their MSRPs you don't know how much of a discount you are getting on them. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the CR-V and Pilot that you are interested in for you if you let me know what these numbers are.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi ajf46. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    Once you have read these articles and understand how leasing works, stop by the following discussion to try to get an idea of what sort of selling price you can expect to pay for this vehicle right now: "Volvo XC70/V70: Prices Paid & Buying Experience". When you have an idea of what you should pay for this vehicle, stop back here and tell me its full MSRP (with the destination charge added in), an approximate selling price, how long you want to lease it for, and how many miles per year you need to be able to drive it and I can calculate an approximate monthly lease payment on it for you.

    Car_man
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  • vistavista Member Posts: 9
    Thanks, Car_man! You're the bee's knees!
  • liandykliandyk Member Posts: 12
    Thank you for that information. I had a feeling I could do better. Is the money factor the same for the Murano SL as it is for the Murano S?
    thanks,
    Liandyk
  • kyfdxkyfdx Moderator Posts: 265,565
    I'll give this a shot.. hopefully it will make sense...

    1) The money factor is a monthly number.. multiply by 12, since APR is an annual figure.

    2) Money factor is applied to the Cap cost plus the residual.. But, what it actually is trying to approximate is the average of those two figures.. Since the figures aren't averaged, but just added... multiply the MF by 2.

    3) APR is expressed as a percent.. for example: 5.2%.. but really, it is a fraction.. more commonly expressed as .052 So, multiply by 100.



    MF X 12 X 2 X 100 = approx. equiv. APR..

    12 X 2 X 100 = 2400

    Hope this helps..
    kyfdx

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  • drmonkydrmonky Member Posts: 7
    HELP!
    We are new to this whole new car thing and we would like some advice as to whether to buy or lease a new 2005 Honda Odyssey EX-L. We have researched it in our area and we think we have found the best deal we can. I believe that the price is about $28,000 w/o tax and title. (We are going to sell our 93 Volvo ourselves instead of taking the measly 2K trade-in they have offered.)

    Our question is - how do we know whether we should lease or buy? We live in Pittsburgh 15238 and do drive to NY a couple of times a year to see family. I think we put about 15,000 miles a year on our present car. Of course we would like the lowest monthly payments possible but we don't want to get screwed with going over mileage.

    What do we need to know to get the best deal?

    What are your thoughts?? :confuse:
  • drmonkydrmonky Member Posts: 7
    PS - I have read the 10 steps to leasing so I am looking for more info than that. Details, please...
  • kyfdxkyfdx Moderator Posts: 265,565
    1) You need to know how many miles you will drive per year.. If you think you may go over the allowance, then leasing is not for you..

    2) You have a '93 Volvo.. If that means you've owned it for 8-12 years, and that is what you plan for the Odyssey, then leasing is not for you..

    3) If you can stay under 15K/yr, and think you'd like to trade the Odyssey after three years, then leasing may be for you.. but, not necessarily..

    regards,
    kyfdx

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  • fennsterfennster Member Posts: 3
    (from Toronto, Canada) We've come to the end of our lease term and want to buy out our car. I just called the dealer to find out what this would specifically entail. He said a few things that sounded fishy to me, including:

    1. That we need to get our Safety Test done at the dealership. Is this true? I'm pretty sure I heard we can get it certified at any certified auto mechanic (no doubt the cheaper option).

    2. That we have to pay a $500 "administration fee". When I asked what this was about, he said it would be in my contract. We've both examined the contract, and it says nothing about an administration fee anywhere. However, it does mention we will need to pay "official charges" (along with applicable taxes, vehicle license & registration fees and all costs relating to the certification of the vehicle). "Official charges" sounds like a slippery term to me - is this how they're rationalizing their so-called "adminstration fee"? (And if this legitimates the "administration fee", what's to keep them from charging me $5000 or whatever amount they want?!)

    Would really appreciate some honest answers on these matters.

    Thanks!
  • mzinzimzinzi Member Posts: 33
    Hey CarMan...

    Do you have the July MF and residuals for the following:

    2005 Mini Cooper S Hatchback
    36 months
    12k per

    2005 Mini Cooper S Convertible
    36 months
    12k per

    This is for South Carolina if it matters.

    Thanks!
  • leaseshopperleaseshopper Member Posts: 10
    Here is the deal currently offered. I would appreciate your opinion.

    MSRP 34,410
    Purchase price 33,287. (This price includes a $695 destination charge but I'm ordering the car and planning to pick it up at the factory. Should I still have to pay this?)

    It also includes something called "Dealer fee" of 249.00. What is this?

    The term is 36 mo's / 12k Year. MF is .00265, Residual is 21,678.30 (63%). Initial pmt is 1334.12 which includes 1st pmt and security dep of 550.00. This also appears to include a doc fee of 249.00.

    I questioned the MF since my credit score is 785 but was told that the score has no impact on the MF. That answer doesn't seem to jive with other postings I've read on this website. I am impressed that he's taking 1500 off of the sticker price without even being asked but wanted to make sure this was a good deal. I'm also being told that any car delivered after the end of this month will include a 1.5% markup. Is this valid?

    Thanks for your help!
  • pacerpacer Member Posts: 5
    Hi Car Man,
    Can you tell me what lease payment to expect for the following:
    Tier one financing rates
    2005 Chevy Equinox
    36 month 15,000 miles per year
    MSRP - $29,690
    Purchase - $26,021
    Down - $500
    Dealer rebate - $500

    Thank you
  • drmonkydrmonky Member Posts: 7
    1. Lets say I will drive it about 15k a year. Even if I go over the allowance, couldn't I still pay less with the penalty then I would have paid if I financed the car?

    2. The 93 Volvo is misleading. It was my grandparents and we have actually only owned it for 5 years.

    I just want the best deal - dollar for dollar

    Thanks
  • mcbostonmcboston Member Posts: 2
    Car Man,

    I'm about to lease a -
    2005 Volvo S60 - AWD with premium / climate / metallic paint
    MSRP - $36,660
    Purchase - $30,100
    Trade - $6,000
    Tax - $1,505

    I'm looking to lease for 36 months / 15,000 miles per year...

    Can you tell me -
    * the amount of the monthly lease payment
    * will the lease be based on $24,100 ($30,100 purchase price - $6000 trade)
    * will I be charged the full $1,505 tax upfront or will the tax be rolled into the monthly lease payment (will I only be taxed on the portion of the purchase price used)
    * buyout price to expect

    Thanks very much...
  • steve777steve777 Member Posts: 41
    Car man. Do you factor a down payment back into the cap cost to figure the final residual value ??

    For example, I was quoted (on an Infinity G35x) a 34,000 cap cost with a 59% residual value ( $20,060) after a down payment of $1.500. Monthly payment comes to $448 ( MF of .00113) for 36 months.

    To figure the lease cost w/ a 0 down payment, do I add the $1500 back into the cap cost ( $35,500) and does the residual go up accordingly based on the higher cap cost - ($20,945 using the same 59%) ??

    Using my lease calculator the new lease is $468, only $20 per month higher or $720 for the life of the lease. Did I do something wrong? Is the residual figured differently? Thanks for your help.
  • kyfdxkyfdx Moderator Posts: 265,565
    You'll pay less on a monthly basis.. but, your costs likely won't be any less with a lease in the long run.. If you were able to drive a '93 Volvo for the last five years, you'll be in love with a brand new Odyssey..

    $28K at 5% is about $530/mo.. Although that might be $150/mo. more than the lease, the Odyssey has great resale values.. Even if you drive it 80K miles in five years, it is likely to be worth $12K-$13K after that...

    It would be different if there were low money factors or other incentives on the Odyssey, but at market rates, you'd probably be better off buying..

    Sometimes the lower lease price is enticing, but it won't really benefit you in the long run.. If you typically keep a car five years or more, you are almost always better off buying, unless the lease specials just knock your socks off..

    Don't equate a lower payment with actually saving money...

    regards,
    kyfdx

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  • dc84dc84 Member Posts: 1
    will2702,
    Price seems likes its in line based on typical Employee Price of invoice minus 4% approx. Only problem with the Employee Pricing Website is it gives a price without regard to options so it won't always be as precise as you might want. Let me know what you decide I've certainly enjoyed my black Saab 9-3 Arc. Regards,
    Dave
  • actiondanactiondan Member Posts: 3
    I got a price of 339 a month for 36 months with tax and all fees ( that's the price out the door) on a 06 Forester X that lists for $23,700. I definitly want the car but I think I am probably going to buy instead of lease. I don't put a lot of miles on my car and Subaru has a great reputation of reliablilty. Plus they have excellent resale value. With a little more down I can keep my payment managable and will own the car at the end. If you know you want a new car in three years then leasing is good but I generally keep my cars longer ( my current car I have had for 7 years). The Forester just does not have a good program on a lease. I would guess that almost all new Foresters are purchased instead of leased. Good luck and let me know how you make out. I hoping to have my new 06' Forester by the weekend !!!!
  • holdenout4lesholdenout4les Member Posts: 11
    CarMan,

    Would you be so kind as to provide the residuals and MFs on '05 FX35 and X5 3.0 with 39 mos. and 15K per year? Trying to decide and pick one up by the weekend (with $0 cap cost reduction, inceptions only). By the way, for Steve777 above, the residual is calculated based upon MSRP, so that wouldn't change with your scenario (although I, too, would be interested in knowing the formula for the trade-off).

    Thanks mucho,

    Holdenout4les
  • holdenout4lesholdenout4les Member Posts: 11
    CarMan,

    Forgot to mention that the FX35 is RWD. Thanks.
  • cyclone4evrcyclone4evr Member Posts: 11
    Car_man,

    One final question here...are the Honda dealerships getting the $1000 Honda to dealer cash on leases or is it just on outright sales? Thanks again for all of the help here...it certainly helps at the dealership and the wallet! :)
  • taitandotaitando Member Posts: 17
    Hi Car_man,

    I wanted to seek your help and find more info (MF & Residual) for the following:

    2005 Audi S4 (Not 2005.5)
    MSRP: $51,520
    Purchase: $45,361
    36mos and 15k miles/year

    A prior message listed a base MF = .00065, Residual = 54%, but that was back in March. This purchase price is the dealer's advertised internet special. Do you know the current MF, residual, and any further lease incentives? Edmunds shows a $2500 Manufacturer to Dealer incentive on this car. I do not plan any cap. cost reductions other than the usual (1st mo., tax, title, license, etc...). Thanks in advance.
  • perrysdadperrysdad Member Posts: 12
    I have 2 offers for a G35 4-dr sedan with auto trans, Package C, wood pkg, splash guards and trunk mat (Dallas/Fort Worth dealers). One appears to be at $651 below invoice and the other appears to be at $500 below invoice (i.e., cap costs of $31,920 and $32,071, respectively). I have no lease quotes at this time (other than anticipated residual values). I would like to take delivery of either car this week, and am interested in what I should expect for lease terms from Infinity. I can go 36 or 48 months with 15K miles per year. Although the ALG identifies a 53% residual value for the G35 after 3 years (so I've been told), the dealers have indicated that a 61% residual would be used by Infinity for the 3 year lease (don't know about a 4 year lease). What can I expect for money factor (excellent FICO score and otherwise good credit), down payment (if any other than tax, title and license), mileage penalty, disposition fee, other fees and finally the monthly payment? As the offered purchase prices seem to indicate, there appears to be a real "push" at this time to sell the G35 rear wheel drive sedan, and perhaps this is being carried over to the lease terms being made available to consumers.

    Also, is it true that Infinity will use tax credits to lower the cap cost (assuming, I suppose, that tax, title and license fees were to be included)?

    Finally, would you rather pay more per month with an independent leasing company to get the flexibility and other perks these companies sell or pay less with a manufacturer that is perhaps inflating its residual value for a car to lower lease payments and move cars off dealership lots? I guess the question is just how much more you might be willing to pay each month to go with an independent leasing company? Or is it your opinion that one or the other is better, or no different at all?

    Very much appreciate your assistance!
  • fizzyhairfizzyhair Member Posts: 20
    I am thinking of leasing a new Saturn Relay (the have great deals up here in Canada) but what I would like to know if a dealer would give me cash for my trade in and not a credit for the new car. I don't really want to use it as a credit because if I get in an accident I won't get that money back. I would put the money in a separate account and take the money out of there. Will a dealer give me money or just a credit is what I am asking?

    Thanks in advance! :)
  • bdr127bdr127 Member Posts: 950
    The money factor is for prime credit tier.... A score of 700+ would probably get the same MF. Money factors can seem high for certain cars (including the 3-series) but that is set by the financial institution. However, other cars by the same manufacturer can have dramatically different MFs (translated to interest rate) given the same person with that credit score. (eg: 3-Series = around 6% / X5 4.4L = around 2%) It's all based on what programs are running at certain times. Obviously supply/demand affects all this.... the new 3-series is immensely popular, so it would be a dumb business decision to "give away" the MF. Please note, too, that if you do not qualify for this prime rate, then your base MF would be higher.....

    With regards to the 1.5% markup.... Yes, that is a fact. All 3-Series that go into production after 7/20 (already passed... whoops!) will have an, on average, 1.5% markup. (I say "on average" because the less expensive models will be a higher relative percentage while the more expensive models will add a lower relative percentage... but it averages out to about 1.5%.) Since the Germans shut down their factories for "holiday" in August, if it hasn't started production yet, then it'll definitely not get to the USA until, at best, September when the new pricing goes into effect.

    Hope this helps.
  • leaseshopperleaseshopper Member Posts: 10
    any thoughts on the destination charge since I'm picking it up at the factory?
  • kyfdxkyfdx Moderator Posts: 265,565
    Doesn't matter... it is part of the price... invoice and MSRP..

    They are still delivering the car to your dealer, when you are done with it, right?

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  • will2702will2702 Member Posts: 13
    dc84,
    Thanks for the info. I just called SAAB directly and it was right. They broke the cost down for me (1283 auto + 130 handling fee + 720 destination fee + 27403 GM price) = $29,536. As for the lease cash of $3500 that is said in the forum, they never heard of it. However, they did say there is a $2000 dealer to customer cash incentive. So which one did you get or how much did your dealer give you?

    Carman,
    Have you heard of the $2000 dealer to customer cash incentive? if so, did the $3500 cash on leases expire? or is one offered through SAAB the manufacturer and the other through SAAB Financial? because it would be great if one can get both. Also based on your earlier postings on the 9-3 ARC for 3yr/36K the MF is .00155 and RV is 49%. What would it be if it's a 3yr/30K? I am trying to figure the monthly with zero down. Thanks for the help.
  • christina271christina271 Member Posts: 65
    hi carman,

    thanks for responding..the msrp of the RX$42,733.00..i don't know the seling price because i haven't gone to the dealer yet..just trying to get a few ideas.. I do know that if you were buy the car, you could pay around 39,000 for it here...so maybe the selling price would be about the same??

    thanks in advance!
  • leaseshopperleaseshopper Member Posts: 10
    No, I was told I would pick up the car at the plant.
  • kyfdxkyfdx Moderator Posts: 265,565
    Are you driving it back from Germany? If you mean the plant in Spartanburg, SC, they don't make the 3-series there...

    It is all academic.. You pay destination, no matter where you get the car..

    regards,
    kyfdx

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  • ajpbf7ajpbf7 Member Posts: 96
    Carman/kyfdx,

    Does the money factor of .00073 apply only if you put down a security deposit?(.00083 w/o) If you have leased with AHFC before do they cut you a break? Also what is the residual and mF for an 05 Z4 2.5 and 3.0? 36 month, 10K per yr. Thanks.
  • ejshapejshap Member Posts: 3
    dont put the $6000 into the lease - if the car is totalled or stolen shortly after you get the car you will not get back most of that money. take a check for $6000 and only pay for the lease upfront what you have to - first month, bank fee and plate. If you dont want to finance tax you could pay that upfront too but it is not recommended for the same reason as the trade.
  • c21bryanc21bryan Member Posts: 4
    car man

    do you have the lease programs for the 2006 audi a8?
  • flchemist2006flchemist2006 Member Posts: 1
    Im going to lease a Brand New 2005 Volvo S40

    Automatic
    Metallic Gray color
    Select Package
    Climate Package
    Sport Package

    MSRP $29,500

    The deal I got was $289/month + tax. $0 down (with Volvo Lease Loyalty)

    Can someone please tell me what they think of this deal? Am I getting ripped off?
  • msdavismsdavis Member Posts: 11
    Dear car guy,

    Thanks for your help last month I got a great deal on my Jetta 2.5. My son is intrested in leasing a Vw GTI 1.8T for 36 months and 45,000 miles could you please let me know the lease factor and residual for that lease. Thanks for all of your help it really keeps the consumer on top of dishonest sales people.
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