Lease Questions - Ask Here

CarMan@Edmunds · October 2003

Hi buster6. Wow, 25,000 miles per year! You must have some commute. Most banks lease vehicles with a maximum of 15,000 miles per year. If a consumer needs more miles than that they can usually purchase them on a per mile bases at lease signing. So for now, I will give you an idea of what it should be like to lease these models with 15,000 miles per year.

Yes, Lexus is indeed providing lease support on the 2004 GS 300 & GS 430 right now. However, its special lease money factors are only available for three year to four year leases. By leasing this car for only two years, you would be missing out on all of the support and would have to use Lexus Financial Services' standard lease program. If you are set on leasing this car for 2 years, I can give you an idea of what its factor and residual value should be like, but first I need you to tell me what part of the country you are in because LFS' standard money factor varies by region.

Interestingly enough, Mercedes-Benz is actually providing lease support on the 2004 E-Class this month for some reason. If you were to lease a 2004 Mercedes-Benz E-320W through Mercedes-Benz Credit Corp. this month for 2 years with 15,000 miles per, its base lease money factor and residual value should be .00300 and 69%, respectively. The numbers for an otherwise identical lease of a 2004 E-500W should be .00300 and 67%. Again, if you want to take advantage of MBCC's most attractive lease money factors, you need to lease this car for 30 to 36 months.

Last but not least we have the 2004 BMW 530. I actually have not seen BMW's October lease program for the new 5-Series yet. I will dig around and see if I can come up with any residual values for you. I can tell you that BMW is not providing any sort of lease support on the new 5 at this time. So if you were to lease one through BMW Financial Services this month, you would have to use its standard lease program. Right now BMW FS' base standard lease money factor for 2 year leases is .00225.

Generally speaking vehicles that are equipped with navigation systems do indeed have lower residual values. So not only do they add to the cost of the car from a selling price standpoint, but they also reduce its lease residual value by around 2% on average, making the vehicle more expensive to lease.

If you fill me in on some where you live or change you mind and decide that you want to lease for 3 years, let me know and I will provide you with additional information on these vehicles' lease programs. Talk to you soon.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi ahdanna. Infiniti is providing lease money factor support on both the 2003 FX35 and FX45 right now. It also is providing dealer cash support on FX45 models that are equipped with the Premium Package. In order for me to give you an idea of what the lease programs should be like for these models, I first need you to tell me how long you want to lease them for and how many miles per year you need to be able to drive them. Once I have this additional information I should be able to help you out. Thanks.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

No problem, jim52. According to the information that I have seen, Ford is currently providing 0.0% financing for up to 36 months, 1.9% for 48 months, 2.9% for 60 months, and 4.9% for 72 months or $2,000 customer cash on the 2004 Lincoln Navigator. It also is providing $1,000 customer cash that may be combined with 1.9% financing for up to 36 months, 2.9% for 48 months, and 3.9% for 60 months on this model.

Car_man
Host
Smart Shoppers / FWI Message Boards

hooops · October 2003

Hi Car_man,

Thanks for info. I've ruled out the Armada and the 2004 Suburban will likely be out of my price range with little lease support.

When you get the MF for the SR5 4WD Drive Sequoia can you please post it.

Do you know if Ford, Chevy or Toyota are offering any kind of attractive lease deals on 2003s (expedition xlt 4wd, suburban lt 1500, sequoia SR5 4wd).

Just wondering if I might be better off going with a 2003 or not.

Thanks again

ahdanna · October 2003

Hey Car_man,

I would lease either a 35 or 45 with the Premium pkg. for 36 or 39 months. Not sure if I would go with 12K or 15K/year.

Thanks,
ahdanna

italia10 · October 2003

Hi Car_Man:

I am shopping in NJ for my sister-in-law and know you are the man to ask for all the pertinent/current info on lease deals...

Could you please provide me with the current residuals and MF for a 2004 A4 1.8T Quattro (Carsdirect MSRP=$31,190; CarsDirect Price= $29,917?)? Please provide terms for 36, 39, or 42 months with either 15K or 18K miles per year. Her existing Audi lease is about to expire (what is the loyalty rebate on an A4?)...

Thanks in advance for all your help!!

lewh2 · October 2003

Hello Car_Man. Thanks very much for your answer to a previous question. It was helpful. My current question: what is the residual percentage and the money factor for a 2004 BMW 525 sedan, 12,000 miles per year, and a 36 month lease? Thanks

CarMan@Edmunds · October 2003

Hi eggend. Here is the information that you are looking for. If you were to lease a 2004 Audi allroad 2.7T through Audi Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00180 and 60%, respectively. The numbers for an otherwise identical 4 year lease of this model should be .00190 and 51%. As far as the X5 goes, if you were to lease a 2004 BMW X5 3.0i through BMW Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00220 and 57%, respectively. Its 4 year, 12,000 miles per residual value is currently 50%. I am not sure exactly what this model's 4 year lease money factor should be, but it probably is currently around .00235 or so.

You're right about the XC90's lease program. It hasn't changed since last month and it is still pretty bad.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Ahhh the Infiniti G35 Coupe. One of my favorite cars for the money right now. Unfortunately, Infiniti is still not providing any sort of lease support on it. So if you were to lease a 2004 Infiniti G35 Coupe through Infiniti Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00200 and 61%, respectively. The numbers for an otherwise identical 4 year lease of this car should be .00200 and 54%.

Infiniti's standard retail rates vary by region. By looking at your profile, it appears as though you live in San Francisco. In that area, I believe that Infiniti Financial Services' standard retail finance rate is currently 4.09% for up to 60 month terms and 5.34% for 61 to 72 month terms for consumers who qualify for its top credit tier. You may be able to beat these rates by financing through an independent lending institution. If you decide to finance this car, I suggest that you get pre-approved for a loan on your own prior to negotiating with any dealers. By doing so, you will give yourself a good idea of what sort of rate to expect and may motivate the dealer that you are working with to beat the rate that you have already been approved at.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi automophile. Unfortunately it is not the dealers that are tacking acquisition fees onto leased vehicles. Every bank that leases vehicles to consumers charges one and individual dealerships do not have the authority to waive it. It is just one of the costs of leasing that consumers have to learn to live with. Having said this, dealers do often try to mark up banks' base lease acquisition fees to add additional profit to deals. You mentioned in your post that you are interested in leasing a new Honda Accord. Well, right now, American Honda Finance Corp.'s base lease acquisition fee is $550 in most states. Do not pay more than this when you lease this car.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi barbarossa2. The lease money factor that you were quoted to lease a 2004 Chrysler Crossfire through Chrysler Financial is right on the money for a 3 year lease. It actually would be slightly higher, .00250, for a 4 year lease. It is a good sign that the dealership that you are working with it being so honest with you. Chrysler Financial published new residual values on October 1st and I believe that this model's residuals should be one percent lower than the ones that you were quoted though.

As far as the SLK goes, if you were to lease a 2003 Mercedes-Benz SLK320 through Mercedes-Benz Credit Corp. this month for 4 years with 12,000 miles per, I believe that its base lease money factor and residual value should be .00305 and 50%, respectively for consumers who qualify for its top credit tier. This model's residual value is considerably lower than when you leased one several years ago for two main reasons, A) most banks have realigned their residual values over the past several years because they were being forced to take huge losses on vehicles that were not worth what they had originally estimated and

the SLK is a much older model than it was when you leased one last time. New or redesigned models tend to have higher residuals than ones that have been around for a while.

Car_man
Host
Smart Shoppers / FWI Message Boards

theworm · October 2003

Thanks for the speedy reply and the additional financing info (yup, SF Bay Area)! Car is 2 weeks out and I'm counting the days

gperr · October 2003

Car_man,
(repost)
Can you please provide the October AHFC residual and MF for a 2004 Honda Pilot EX-L (non-nav non-dvd)
36 & 48 Months, 12k.

Thanks
Gregg

buster6 · October 2003

Thanks for the great info car man, I can live with a 3 rear lease if I need to to get marketing support and save $$. I live in Phoenix Az. So on the E320,GS,or Bmw any addl info would be appreciated.

Thanks for all of your great info

smason1978 · October 2003

Heya Carman,

I'm down to 6 cars on my buy list and am hoping you can provide me some info on the following 2. I believe the other 4 you have touched upon already in recent posts.

Assume 15k 36mo leases.

2004 Mazda RX-8 6M
2004 Acura TSX 6M

1. Does Nav ever matter on Money Factors and Residuals?
2. Do you have an idea when Mazda may release the RX8 for special pricing? My company has a deal with Ford, but the RX8 is currently off the list....
3. Also, is there a place for us to look this up ourselves? Another page on Edmunds with this information would do wonders and save you some hassle.

Thank you for your time!

mookie14 · October 2003

well man i i think this is the last question ill ask you about leasing so here it is. i will be making the last pymt or pymts on this ford lease now i am out of work my wife is working i wont be out long so .... im taking this truck back to ford as is we do not have the $$$$ to fix it and my q is this will ford work with us as far as payment wise arrangements per say to help us out $$$$$ wise? my wife was going to file chap7 on ford and other medical bills she has. it has been a option before i lost my job and hold off ford until we get on are feet. WE Are going to pay ford all there $$$$$ ITS JUST WE DO NOT HAVE IT NOW!!! so my question to you what do you think will happen or anyone has dealt with ford period that they will do we paid them all there $$$$ on time for 3 yrs so i think they should willing to help i hope what do you think thanks.

krochelli · October 2003

Carman,

Dealer is looking to move one of the last 1.8ts at invoice (still have a bit of dealer cash in the deal, but think i'm doing pretty good), and was looking to find 3yr 10k miles money factor/residual on an A4 Quattro 1.8T 5speed. He is quoting .0019 and can't remember the residual off hand.

Thanks!

Keith

CarMan@Edmunds · October 2003

Hi deejay16. I would be more than happy to help you out, but first I have to say that you will probably be in a much better bargaining position if you wait until your lease's scheduled termination date in April to get a new vehicle. Some manufacturers run early lease termination programs from time to time that enable their lessees to get out of their leased vehicles early at no charge if they purchase or lease a new one. However, I do not believe that Honda is running this type of program right now. So if you get out of your leased Accord several months early, your dealer will likely have to either make your remaining payments or make up for the amount of money that you are likely upside down on your current car. This eats into the profit of your next deal and will likely prevent you from getting as good a deal as you normally would have been able to on your new car. Of course, if your current leased car's purchase option is less than it would cost to purchase a similar vehicle on the open market right now then it wouldn't cost nearly as much for you to get out of your lease. Having said all of this, here is the information that you are looking for. If you were to lease a 2004 Honda Accord EX through American Honda Finance Corp. this month for 3 years with 12,000 miles per, its residual value should be 61%. The factor for a 3 year 12k lease of a 2004 Accord LX should be 58%. The 39 month 12,000 miles per year residual values for these cars should be 58% for the '04 Accord EX and 56% for the '04 Accord LX. Honda is not providing any sort of lease support on this model at this time. So if you were to lease one through AHFC you would have to use its standard lease money factors. I have not seen its standard factor for the month of October yet, but I suspect that it is around .00210 or so for these terms.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi mmm17. Acura just officially announced the pricing for the '04 TL within the past week or so. Since this is such a new model, I have not had an opportunity to take a look at its lease program yet. So unfortunately I can not provide you with the specifics of AHFC's program at this time. I can provide you with information on how to calculate lease payments though. Take a look at the following discussion and article: The Return of "How to Calculate Monthly Lease Payments" and Calculate Your Own Lease Payment. They contain all of the information that you need.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

You're welcome, hooops. General Motors and Ford definitely are not offering attractive lease programs on 2003 models right now. As it gets late in the model year, manu manufacturers stop leasing the prior model year's vehicles because their residual values have fallen so much that it would be extremely expensive to provide enough support on them to arrive at reasonable lease payments. Neither GM nor Ford are leasing '03s (other than a few exceptions) through their captive financing companies at this time.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Thanks for the additional information, ahdanna. Here is the info that you are looking for. If you were to lease a 2003 Infiniti FX35 AWD through Infiniti Financial Services this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00156 and 52%, respectively. The numbers for an otherwise identical 39 month lease of this model should be .00155 and 51%. As far as the 2003 Infiniti FX45 goes, if you were to lease one through IFS for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00135 and 51%, respectively. The numbers for an otherwise identical 39 month lease of this model are currently .00137 and 50%. If you were to lease either of these vehicles with only 12,000 miles per year, their residual values would be 1% higher. If you decide to go with the FX45 with the Premium Package, keep in mind that Infiniti is providing its dealers with what it calls closing certificates on this model. Basically Infiniti gives its dealers a certain number of $1,000 closing certificates that they can cash in to lower the prices of their remaining inventory. Dealers may use up to 3 certificates, $3,000 total dealer cash, on 2003 FX45 Premium Package models.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

I would be more than happy to help you out, italia10. If your sister-in-law was to lease a 2004 Audi A4 1.8T Sedan with quattro through Audi Financial Services this month for 3 years with 15,000 miles per, its current base lease money factor and residual value should be .00145 and 56%, respectively. The numbers for an otherwise identical 39 month lease of this car should be .00145 and 54%. AFS only publishes residual values for leases with up to 15,000 miles per year. If your sis-in-law needs more miles than that I believe that she will have to purchase them on a per-mile basis. If she is positive that she will need the additional miles it is a good idea to buy them at lease signing. Banks almost always charge less money for miles purchased at lease inception than they do for them at lease-end. Audi's current owner loyalty cash on the '04 A4 is only $250, which isn't much, but it's better than nothing.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hello lewh2. Unfortunately, I have not seen BMW's new residual values for the redesigned 2004 5-Series yet. I am sorry that I could not be of more help. To be honest with you though, individual dealerships do not have the authority to alter banks' published residual values. So the most important number to know when negotiating a lease is what a model's base lease money factor should be. Dealers can and do mark up banks' money factors to add additional profit to deals. In fact, BMW dealers are notorious for marking up lease factors. As one might imagine with such a new model, BMW is not currently providing any sort of lease support on the '04 5-Series. So if you were to lease one through BMW Financial Services this month, you would have to use its standard lease money factors. I believe that BMW FS' current base standard lease money factor is .00225 for leases of up to 3 years in length. This is the factor that should be used to calculate the lease payment on the '04 5-Series that you are interested in.

Car_man
Host
Smart Shoppers / FWI Message Boards

deejay16 · October 2003

Thank you very much for the info Car man. After having talked to the sales manager a couple more times since the initial offer (which admittedly sounded too good to be true), I concur with your suggestion to wait out my current lease. Hopefully in April Honda has some kind of lease support as I would very much like to get into a new Accord for the same money I am currently driving my 2001 for.
Thanks again and take care.

wesam · October 2003

Car_man,

I'm in Milwaukee, WI, and about to lease a 04' 530i. What is the base acquisition fee for BMW?

kyfdx · October 2003

Its $525 on all BMWFS leases.. Dealers are allowed to mark it up $200.

regards,
kyfdx

ngkiyan · October 2003

Hi Carman, Thought you might have the MF and residual for 2004 Accord Ex-V6 for 36 mos and 48 mos and 15000 mi/yr. If you do not have MF please just post the residual. Thanks

trickydick · October 2003

I am looking to lease an Acura TSX, a vehicle that is pretty much being sold at MSRP. There is no real significant negotiation involved in the price of this car. I would like to trade-in my '96 Accord, which appears to be worth between $5-6k, as the lease down payment. Some people have told me that this is not a good idea because if the car is stolen or totaled then the entire down payment is gone (whereas if I sold my car for cash and put no money down on the lease I would not be out any money other than my monthly payments up to that date).

Understanding this risk, I still would like to keep my monthly payments low. What do you think I should do? Are there any other reasons why I should or should not use my vehicle as the down payment for the lease? Do you have any other suggestions?

TrickyDick

jratcliffe · October 2003

In this situation, I'd sell the Accord privately, put the money in a savings account, and use it to make your first X lease payments as they come due.

mookie14 · October 2003

cold shoulder huh okay cool anyone want to help me with message 8151. i would REALLY APPRECIATE IT ALOT THANKS.

clpurnell · October 2003

chill out car_man has a real job also. He'll get around to you. Ford will probably work with you they do not want the vehicle back.

italia10 · October 2003

Thanks Car_Man for the quick response. She will probably end up going with the A4 (the dealer she is dealing with is in line with your numbers, and actually doing better by including tax), but she wants to be sure that is the best deal out there right now. She is also interested in the Saab 9-3 ARC(36 & 39 months with 15K per), or the Volvo S60 AWD (same terms). Could you please provide the residuals and MF's for these cars as well? Your help is much appreciated!!

Dasto · October 2003

What is the money factor and residual on a 2004 MB C230 sport Sedan?

viron · October 2003

Car_Man,

Last month BMW was offering MFGR-Dealer cash on the 03 X5 and the month before it was on the 3 and 5 series. Are they offering anything this month for any of their 03 models. Could you also report the lease rate for 04 & 03 x5 4.4 at 36 months and 15000 miles/yr.
Thank you...

fletchfletch · October 2003

I recently leased a 2002 Starmarked C32 AMG(19000k mi) through a Mercedes Dealer. The lease term is 48mo/15,000mi. The money factor they quoted me was .0041. They told me the reason it was so high was my credit score, which is 680 (Tier 2). I felt pressured so I agreed to take the car. Since then I've read that the average money factor is around .003. This is very disturbing to me because I felt like my credit score was pretty good. What do you think about my situation and what steps should I take if I have taken by the dealer. Thanks.

gene1980 · October 2003

Car Man,

Could you provide me with the residual and money factor for an 04 Navigator - Ultimate trim? MSRP is 62650 and cap cost is 54945. I'm in N. Virginia and am looking at the 39 month 15k/year lease.

Thanks.

CarMan@Edmunds · October 2003

You're very welcome, deejay16. I am glad that I was able to help you out. Talk to you in March or April

.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi wesam. BMW's base lease acquisition fee is currently $525 in most areas, I believe including Wisconsin.

Car_man
Host
Smart Shoppers / FWI Message Boards

trickydick · October 2003

Car_Man,

Please let me know what you think about my question in Post #8163. Many thanks!

TrickyDick

CarMan@Edmunds · October 2003

Hi ngkiyan. If you were to lease a 2004 Honda Accord EX V6 without navigation through American Honda Finance Corp. this month for 36 months with 15,000 miles per year, its residual value should be 59%. The residual value for an otherwise identical 48 month lease of this car would have a residual value of 52%. Honda is not currently providing any sort of lease support on the '04 Accord. So if you lease one through AHFC, you will have to use its standard lease money factors. In haven't seen if AHFC has changed its standard lease money factors for the month of October yet, but they are probably similar to the .00210 for 36 months and .00200 for 48 months that it was offering in September.

Car_man
Host
Smart Shoppers / FWI Message Boards

hooops · October 2003

Hi Car_man,

Thanks for the numbers you recently provided. A couple of follow ups. Do you know what the money factor is on a 36 month / 15 k mile lease on the Sequoia SR5 4x4 ? You had indicated that the residual is 59 %. However, someone mentioned that there may be a cap on the residual $value of the car. Is this true ? For instance, an SR5 fully equipped with leather, etc has an MSRP of $42223 and it's 59% residual should be $24911.57, but I spoke with a leasing company and they said Toyota Motor Credit capped the residual $value at $22865 (as if additional options on the vehicle were not accounted for). Is TMC playing games or was something mis-communicated ?

Thanks as always for the invaluable information.

ngkiyan · October 2003

Hi Carman or anyone,
Need your help on this lease. 2004 Honda Accord Ex coupe.
MSRP. 26990
Cap Cost. 25804 Residual 57% 3 yr 15000 mi/yr.
Sales tax 8.25% MF..0021
Drive Off Ist payment plus Acq. fee 550.00 Plus license fee.
I came up with $383.65/month including tax
Dealer came up with $ 401.45/month including tax.
Who is right? Thanks

clpurnell · October 2003

That was uncalled for all I said was be patient. but you know what I won't waste another word on you.

somepair · October 2003

Hi Car_Man
I'm thinking of leasing a 2004 ACURA TL W/NAV.with 15K miles per year
At this time the dealer wants MSRP.I would like to put $0.00 down or as little as possible.
what do you think the payments should be for a 36,or a 39 month lease?
Also,would it make any difference if the car was leased in Florida or New York?
Thanks for any help you can give
AL

CarMan@Edmunds · October 2003

Hi TrickyDick. The people who you have spoken with gave you very good advice. There are two main reasons why I advise consumers not to make down payments on lease vehicles. The first is just as your friends described it. The second is that down payments on lease vehicles do nothing to reduce their lease-end purchase prices. So whether you were to put the entire $5,000 that you receive as a trade-in allowance for your Accord down on this TSX or you were to put absolutely no money down, its lease-end purchase price would be exactly the same. If you really want to keep your monthly lease payments low, here is what I would personally do. Take your Accord and trade it in or sell it on your own for cash, set aside that money, and use it to supplement your monthly lease payments on your TSX, or even to give yourself a "free" month every now and then. You assume much less risk by structuring your deal this way.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi everyone. Apparently I may have missed a couple of posts that you all made in the 8150 post range. I sincerely apologize for this. I am usually pretty good at not missing posts, but sometimes it is difficult to keep track of everyone's questions. If I have missed your post and you still have a question please either post your question again or give me a quick reminder and I will answer it ASAP. Sorry again for the confusion.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi Gregg. I believe that I may have missed this post, so I will respond to it now. Here is the information that you are looking for. If you were to lease a 2004 Honda Pilot EX-L without the navigation or rear entertainment systems through American Honda Finance Corp. this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00210 and 62%, respectively. The numbers for an otherwise identical 4 year lease of this model should be .00200 and 56%. Sorry about the delay.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

No problem, buster6. Here is information on the three year lease programs for the models that you are interested in. If you were to lease a 2004 Lexus GS 300 with navigation through Lexus Financial Services this month for 3 years with 15,000 miles per, its base lease money factor and residual value should currently be .00184 and 54%, respectively. If you were to lease a 2004 MB E320 with navigation through Mercedes-Benz Credit Corp. this month for 3 years with 15,000 miles per year, its numbers should be .00250 and 63%, respectively. Lastly, if you were to lease a 2004 BMW 530 through BMW FS this month for 3 years with 15,000 miles per year, its base factor and resid should be .00225 and 62%, respectively. Sorry for the delay.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hey smason1978. As you may or may not have seen, I believe that I missed a series of questions in the 8150 range, man I can't believe that we've had over eight thousand posts in this discussion

. I headed back there now and am answering the questions there. Sorry for the delay.

The 2004 Mazda RX-8 is a funny car as far as leasing goes. I do not believe that many people are leasing it through Mazda's captive finance company. Apparently Mazda's money factors on this car are pretty bad. I have not seen exactly what they are, but I can tell you that the 3 year 15,000 miles per residual value for a 2004 Mazda RX-8 with a manual transmission is currently 56%. You may want to comparison shop with a few dealers to see what banks they run your lease through and what sort of payment they quote you.

As far as the 2004 Acura TSX goes, Acura is not providing any sort of lease support on it either, but American Honda Finance Corp.'s standard lease program is usually fairly reasonable. If you were to lease an '04 TSX without navigation through AHFC this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00205 and 60%, respectively.

The Mazda RX-8 is currently a fairly low volume vehicle that is in relatively high demand. I definitely would not hold my breath waiting for Ford to add it to its employee or supplier purchase plans. Of course it is difficult to say exactly when they would do so, but it could be a year or longer.

Unfortunately, I am not aware of any resource that the general public has access to that would allow you to look up the lease programs for vehicles on your own.

Car_man
Host
Smart Shoppers / FWI Message Boards

CarMan@Edmunds · October 2003

Hi again mookie14. As I just mentioned to several other community members, I accidentally missed a few posts a day or two ago. Sorry for the delay in my response. Having said this, there is absolutely no need for you to be rude to myself or other community members. Any future posts that violate the Edmunds.com membership agreement will be deleted immediately and may lead to the termination of your account.

I am not sure exactly how Ford works with its lessees in terms of fines for excess mileage or wear and tear charges. I am sure that they would prefer that their lessees pay their fines all in one sum when they are assessed, but I would not be surprised if they were willing to work out some sort of payment plan with you if that is not possible. You need to call up Ford Credit directly to see what their policy is on this matter.

Car_man
Host
Smart Shoppers / FWI Message Boards

Lease Questions - Ask Here

Comments

Helpful Tools

Most popular vehicles