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Can you provide me with September MF and residual info for the Passat 2.0T (not value edition) and Saab 9-3 2.0T Sedan, based on 36 mos at 12k/yr? Thanks so much.
Also, when is Edmunds.com going to list pricing for the BMW 325xi?
Thank You!
Looking for 3 year residuals for 06 Odyssey EX-L and 06 Acura TL
Thanks
Now another dealer called me yesterday and offered 1000 over invoice .00066 and 55% for the same terms.
Is there lease cash yet? and is there the old money factor and residual or a new one?
Also does the lease require a security deposit, sometimes like when I leased my jetta there was an awsome rate and residual and securtiy deposit waiver.
Thanks
that sounds crazy good...
MSRP: $50,863 (selling at sticker, which is what this car is going for here)
Residual value: 62% $31,535.06
Annual miles: 12k
Mileage adj: +2% $1,017.26 (I didn't ask for this, so I'm not sure where this came from?)
Adjusted residual value: $32,552.32
Customer cash/rebate: $5,000 (I was thinking of putting down $5k to lower the payments...)
Inception fees: $1,219.02
Excess cash/rebate/equity: $3780.98
Assignment fee: $600
Payment recap: 36month $679 + 8.25% = $735.02
FYI, the dealer said my FICO was 809. Your thoughts? Is there anything else you need to weigh in? I'd like to get the payments down to around $500-$600 a month, but other than throwing money down upfront, I'm not sure how one does this.
Thanks for your help.
Andrew
regards,
kyfdx
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Here is my final deal on a Infiniti M45 with Journey and Nav.
MSRP 52,510
CAP COST 49660 (1K over invoice plus 550 acquisition fee minus 33.54 cap reduction[long story])
42mos
610.06 + 47.28tax = 657.34/mo
MF 0.00205 (I was shown their finance sheet to confirm that this is the base MF for 42 mos)
Residual 59% (This is according to my calculations)
I'm happy with the deal. Aside from a couple of attempts at padding the MF, it was pretty straight forward. This was in Orange County, so. Cal.
For those who are newbies venturing into the dark and foggy lease-land, I have a couple of pointers.
Hammer out the cap cost. This is one of two key negotiation points. For me felt I would be happy with 1k over invoice and so I made that offer and it was accepted without haggling. Don't negotiate on the monthly amount, the dealer with throw out an irrelevant number and do all sorts of crazy stuff.
Find out the base money factor for the term of the lease. It seems to vary slightly depending on the length. Have the dealer commit to the rate, in writing if possible.
Find out the residual for the term of the lease. This is set and non-negotiable. This does vary slightly among different banks but if you ar going through the manufacturer's lease program, it is set.
There is a sweet spot for the monthly payment. For the M45, it is 42 mos. The monthly payment is approx $50 less for the 42 mos compared with 36 mos. I don't think I'll have any problems keeping the car for another 6 mos, so I was happy to do it.
Have the dealer e-mail you the exact terms for the lease, including the MF and cap cost, before you go in to sign the papers and cross check with your own calculation using the edmunds calc. Or you can use this site:
http://www.leaseguide.com/calc.htm
It is a little simpler to use than the edmunds site.
If you find a discepency, point it out nicely. I think most high end dealer will play nice but they might need a bit of nudging.
Pretty simple, you just have to keep your eyes open and know your numbers.
Happy hunting!
Dave
Is the 2006 Toyota Tundra lease program out?
Trying to find residuals and depreciation pct for MSRP $27645 4WD, V8, access cab. 24 month.
thanks
I took the letter to the dealer, the dealer agreed that the last payment would be waived, I bought a new Honda, but the dealer financed it through Chase.
Now, Honda Financing is saying I owe them the last payment, because the car was not financed through them. I now understand how the letter implied that it needs to be financed through them, but frankly I feel that was up to the Honda dealer. By the time we agreed to a price on the lease, and were signing the financing paperwork, I was no longer looking at the Honda letter to question whether or not the financing had to go through Honda Finance.
Another thing is I got charged $536 for a bumper deep scratch. I wanted to mention this because I see several people refer to the fact that "Honda Finance waives up $1500 for excessive wear and tear," however, again you need to read the fine print. They will waive the charge if the damage totals LESS than $500 up to a Maximum of 1500. Any event that costs $500 or more to repair I am responsible for.
As far as the remaining payment, Honda Leasing says that yes, the Honda Dealer should not have financed through Chase, but I am still responsible for the payment and I need to go back to the dealer, which I have, and they say they will take care of it. However, I'm not very hopeful.
My question is, do you think I have a legitimate complaint, and if so who can I write a letter to or take this complaint to. I can't seem to get past the Honda Finance customer service people who just keep telling me I should have known that the financing had to go through them, and I have to pay.
Thanks for any advice.
I can't say why they preferred Chase vs Honda, maybe a credit thing, maybe a rate thing - who knows.? ...... but if you were buying a house, I bet you would know the difference between Suntrust and Countrywide at the closing ....
** I see several people refer to the fact that "Honda Finance waives up $1500 for excessive wear and tear," however, again you need to read the fine print** ..
Another "urban legend" ...... a nick here and there, fine .... but most people think a new paint job, a complete service and new rubber is less than $1,500 ..l.o.l...
**Honda Finance customer service people who just keep telling me I should have known that the financing had to go through them, and I have to pay**
That pretty much sums it up ........................
Terry.
Thanks.
Andybean224
Can you give me the MB MF and residual for the E350? Assume 36 month lease, 12K mile/year. Thanks.
Thanks a bunch!
Mike
I know you said you are not picky, but could you give us some more info on what you are generally looking for?.... What are "bells and whistles" to you? To some it's power doors/windows/sunroof; for others, it's navigation and radar cruise control.... What kind of price/payment range?
I would love the residuals for 3 years 15K a year on the following SUV's
2005 Infiniti FX35
2005 Acura MDX
2005 BMW X3
2005 Audi All-Road 2.7T
Thanks in advance
KA
I'm looking for respectable transporttation for the shortest lease term possible...(24 months I assume?) I will be selling new high end housing, so I just need something as cheap as possible for now, but that I can still put a couple of clients in to drive them around the subdivision.
I see adds on tv for $299 Lexus sedans, etc...but can't seem to find them now that I'm in the market.
Ideally, under $300, with up to around $2500 down. I could go more if necessary, but that's the ideal.
Does something like this exist?
Thanks.
First of all, we need to get you into "paragraph school" .... trying to read your post is like trying to hit a Lob Wedge 100 yards, it's almost impossible unless you're Tiger Woods ........
Anyway, I doubt very much the dealer was just trying "to get us in and when we didn't fall for their ways" .. what would be the point.? their time is certainly worth more than yours, especially if they don't get the sale .. it sounds like a credit problem -or- a lack there of ... maybe limited credit with no "real means" of employment, maybe no cash down or very limited..? ..... if the dealer handed back your check, then there is alot more than you are telling us........ :confuse:
Terry.
Car_man
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This is a great forum to get information, thank you for that! I am looking at leasing or purchasing a 2005 Infiniti G35 Coupe/6mt/premium/aero package (MSRP $37,250). If I lease, it will be for 36 months/12,000 miles a yr. Could you tell me what the current (September) MF and residual is for this car?
If I purchase, it will probably be for 48 or 60 months. Could you tell me what the current interest rate is from Infiniti Financial Services (top tier credit)?
Thanks in advance!
Thank you for your reply, Car Man! I really appreciate your advice.
So, here's my gentle reminder, as you requested, plus a recap of where I am:
- The car:
2005 Phaeton V8 w/ PCX Comfort and Cold Weather package and 4F6 Keyless Access, MSRP 73,955 including 1,300 gas guzzler tax and 655 destination charge.
- My situation: at least 20kmiles/year, possibly more. I have a trade valued at 17500 on which I owe approx. 13,300. I can put down the difference towards the new car if opportune.
- What I was offered (*before* VW's latest incentives of 9/7):
Selling Price 68,539 with zero down. To compute amount to be financed add 7% sales tax and about 1000 for title, registration & Misc.
Lease: 48 x 969, 20kmiles/year, residual approx 29500. Or
Buy VW financing 66 x 1185 2.9%. Or
Buy bank financing net of dealer 5500 cash incentive, 60 x 1259 5.24%
I understand that VW has now increased the dealer cash to 7500 for bank financing, and added a new 2000 dealer cash incentive for VW financing. I still don't know if they sweetened the lease terms.
Let me know what you think.
Motorista
Car_man
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Given the mileage that you put on your cars, you might be better off financing instead of leasing. Whether you should go with VW Credit's 2.9% rate or take the dealer cash and finance through an independent bank depends upon how low the third party's rate is.
Car_man
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Car_man
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1. Is there a formula for determining whether the savings from not paying the monthly interest and depreciation built into the lease payments can mitigate the cost of buying out the lease?
2. Are there any chips I can play with the leasing company to incent them to lower the buyout price?
Thanks so much for your help.
Can you please provide me with MF's and the residuals for both vehicles?
24 Months
10 & 12K P/Y
By the way; Has Porshe started leasing again in NY.
Thanks
sjl225
Thanks
Could you please give me the residual and MF for a 2005 Chrysler T&C Limited and Touring, 15K miles?
Thanks!
Can you please post the current (Sept 05) specifics for a lease on a Tundra in Utah? 36 mos, 15k miles.
Are there better deals on the 05 (over the 06?) My first pref is the SR5 DCab 4x4, but could be persuaded to a diff model based on lease attractiveness, as long as its 4x4.
Thanks!
I have currently been offered - 2005 Accord LX SE Coupe (4 cyl.) for $17,650 with an invoice price of $18,700. The lease comes to $256 p.m. with a down payment of $1500 and the residual value is $10500 (approx). This is for 12000 miles per year. This is my first time leasing and I want to make sure its a good deal. Please feel free to make any suggestions. This is more of an emergency purchase coz my car broke down. Also let me know if you guys know of any good lease deals with similar down payments and monthly rates between $200 & $250
Thanks in advance.
Will you please post the September MF and residual for a G35 6MT sedan with 15,000 miles/year?
Thanks.
Confused in Miami
Actually, on the old E46 3-series model, the AWD residuals were usually much lower... Right now, there seems to be some pent-up demand for the AWD models..
regards,
kyfdx
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Could you provide the current MF and residual for 15k miles on Jaguar X-type 3.0 models- both '05 and '06?
Thanks.
I wanna know if i fell into a trap on this deal that i got into.
'06 ML350 (with all those options mentioned) MSRP: $48,180
39 month lease, 12k miles
Agreed price: $43,440
d/o: $2800
monthly: 670
Residual: $30,425
I know you've been starting some topics in individual car make sections -- I really like that idea, it makes it much easier to look for info on specific cars that way. There was no topic for 2006 Buick Rendezvous. 2 questions:
1. Is the $2,000 rebate to customer available to use on GMAC lease?
this would bring the cost for 2006 in line with the Employee Pricing on 2005's
2. Can you provide MF and Residual for
24 mos -- 12,000 mi
24 mos -- 15,000 mi
36 mos -- 12,000 mi
36 mos -- 15,000 mi
Thank you for all the great work you do on "OUR" behalf!
Best Regards
I have a question regarding trading-in a lease car. I have a '04 325i sdn with a 3 yr lease contract. Now I'm thinking of trade-in this car with an SUV... my question is it possible to do this? Is it worth it? Is it same process like trading-in a own car? Get the trade-in price and remaining balance of the lease car then get the difference and add it to the price of a new car. And also is there such thing of leasing a used car?
Thanks Guys for ytour help...!!! Sorry for my ignorance in this situation... :-)