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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi Rich. I actually haven't seen Toyota's January lease program yet. Please feel free to check back with me next week, or closer to when you will take delivery of your Sienna and I will be more than happy to fill you in on what I have been able to find out. Talk to you then.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    BMW's January lease program is indeed out and you are in luck, nas43, because its money factors were enhanced this month for the model that you are interested in. If you were to lease a 2004 BMW 330i through BMW Financial Services right now for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00100 and 60%, respectively.

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  • al330ial330i Member Posts: 8
    Carman,
    I see you posted the January lease rates for the BMW 330i. Would you happen to have the rates for the 530i with the same terms. (36 month, 12k miles per year). Thank you.
  • ltmarksltmarks Member Posts: 28
    A dealer in New Hampshire just told me the new accord money factor is .00125 and it is good through March.

    As great as that is, I still can't get the price of an accord coupe EX V6 with Nav down past $27k. Even though I read here that people are paying under invoice. Do I need to travel to a larger city?
  • mobofemobofe Member Posts: 51
    i suggest you start off with a carsdirect.com quote in MA - it's the most competitive place within a reachable distance. Also, contact the various honda dealers in NH via the internet - internet sales managers, i have found, can be very acommodating on price - they know what's out there and are more willing to deal.
  • ltmarksltmarks Member Posts: 28
    Holy cow!!! I just did the edmunds buy vs lease comparison, and it told me that I would save $120 per month by buying? Is that accurate?

    The lease payments would be around $360 while buying would be $520, but I guess they consider that at the end of the lease you have to return the car or pay the residual.
  • mtwallacemtwallace Member Posts: 28
    My sister-in-law wants to buy a new Sienna CE, but wants to keep her payments around $300. With what she has to put down, she would need a 7-year loan to make the numbers work.

    She is the kind who will probably keep this van for 12-15 years, or until it just won't go any further.

    I am thinking she may be just as well/better off leasing for 3 or 4 years, then buying the car at it's residual value and financing it then as a used car for 3-4 years. What does anyone think?
  • dsinsocaldsinsocal Member Posts: 9
    Looking for lease info on the Ford Thunderbird. 36 months, 15k per year.

    The lot is pushing their left-over 2003 models. Is there any advantage or disadvantage to selecting 2003 vs. 2004? Is the lease support different on them?

    I'm in Southern California.

    Thanks.
  • mobofemobofe Member Posts: 51
    From my standpoint, Leasing is not meant to be an economical alternative to purchasing a car. There are many benefits to leasing and i'm sure glad someone came up with this derivative option but purely from a numbers perspective, it is almost always cheaper to buy/finance if you have a long-term interest in the vehicle.

    In my case, leasing was the choice b/c it provided the flexibility to change cars every 3-4 years _AND_ drive a better car than I could otherwise afford - this is what i considered part and parcel of my youthful exuberance.

    IMHO, i think the focus here, instead of looking for some lease or finance program that will squeeze in at $300, should be to look for a cheaper car. She can probably get a year old used Sienna for thousands less than a new one and have it fit a finance program of 5 years or less. (7 years imho, is way too long and really means you're spending way above what you can afford).
  • jratcliffejratcliffe Member Posts: 233
    If she's certainly going to buy the car at lease-end, she's better off buying it from day 1, except in really rare cases. Why?

    1. The rate on a purchase is almost always better than the rate implied in a lease contract.
    2. Leases often have origination fees that you don't pay if you're buying.
    3. The rate she pays on a used car loan when she buys at lease-end is certain to be higher than what she could get now, especially if rates rise overall.
    4. Depending on the state, there could be sales tax impacts. In MA, for example, we pay tax on the whole lease payment, including the finance charge portion, and then again on the residual value if we buy at lease-end. Net result? I'll pay $150 or so extra in taxes on my Accord if I lease and then buy vs. buying outright.

    Taking all of this (except a change in overall interest rates affecting #3) into account, you'd end up making $29,700 in payments if you leased a Sienna CE for 36 months and then bought at lease-end (assuming you pay sticker), refinancing the residual for 36 months, but only $28,400 if you bought it upfront using a 72-month loan.

    BTW, I think mobofe is right, here. If you need a 72-month loan (and even that's ~$400/month), then you're trying to buy too much car.
  • knockoffknockoff Member Posts: 72
    I'm back again Car_Man. Would u b so kind as to provide the rates and residuals for Jan on a VW Touareg V8 and Nissan PF Armada (SE & LE) for 36 months and 15,000 miles/year? Thanks.
  • hipreckhipreck Member Posts: 67
    Hi Car_Man! Please assist. 2004 BMW 325xi what is the current BMW Fin Services residual, money factor, and acquisition fee at 36/36000 with no cap cost reduction. Thanks much!
  • mtwallacemtwallace Member Posts: 28
    Given the information about interest rates, taxes, and fees my Sis-in-law is probably better off buying.

    Normally, I'd agree that she should set her sights on a less expensive vehicle. But the main reason is usually to prevent people from being upside-down when they want to buy the next new vehicle. In her case, she keeps her cars a LONG time, probably 10 years minimum. Also, in reality, she can probably afford a higher car payment, but she's really conservative and doesn't want to risk biting off more than she can chew in terms of the payment.

    I'd rather see her get something she will like and will be dependable for the length of time she wants to keep it. A used Sienna also sounds like a good idea.
  • beersnobbeersnob Member Posts: 3
    What is the current residual value and money factor for a 36 month lease of a 2004 BMW 325 convertible @ 12k miles a year?
    Thanks,
    Jeff
  • landru2landru2 Member Posts: 638
    If you are stressing daily then I would say you are not a good candidate for leasing. However, I'm guessing that you leased because, compared to financing at the time, the payment was lower, the downpayment was less, and the term was shorter. So maybe you'd be stressing anyway if you were paying that bigger monthly payment after having to come up with a bigger downpayment and looking at having that big payment for years to come.

    What you should do to put your mind at ease is find a simple loan calculator and enter the numbers for your car - selling price, loan term, interest rate, etc. I'm sure you'll find out that if you had financed instead of leased your payments would be significantly higher than what they are now, and for a longer term.

    If you want a real reality check, plug in the same term as your lease. You'll probably be shocked to see how high your payments would have to be so that you could have that Corolla paid off by the time it has 100,000 miles.

    Like everyone that drives a lot on a lease, your problem is not so much that you leased but that you put on a lot of miles. And putting on a lot of miles is expensive whether you lease or finance.
  • havochavoc Member Posts: 27
    Hello Car_man. I need your expertise to help make a decision. I am currently leasing a 2001 Infiniti I30t. My 36,000 mi 36 month lease is expiring April 2004. I'm only about a 1000 mi over the mileage I should be at this point and I expect to keep that number low since I'm pretty disciplined about driving. I'm sick of counting miles so I want to purchase a car. Should I purchase my car at lease-end or should I turn it in and get a G35? I know lease-end purchases are usually less advantageous than if I bought car outright but with my low-mileage and what I expect was IFS overestimation of my car's residual, I am wondering if I can get a deal. I got into the lease for total price of $31,033 with just the first month's payment out-the-door back in April of 2001. Thanks in advance.
  • topgun7topgun7 Member Posts: 412
    Car price is like real estate, it is very much depend on you location. In my case (SF Bay area), within 50 mi of my house, there are about 15 Honda dealer and within 100 mi, there are about 30 Honda dealer. I have a relative that want to get an Accord in Tucson, AZ. Within 120 mi, there are only 6 Honda dealers. Guess what is the best price he can get (about $150 over invoice and only one dealer quote the 0.00135 money factor (no security deposit). Also all dealer add quite a bit of document fee, dealer fee etc. So in his case, Cardirects.com really is the best deal. But if you are in a big city with a lot of dealer within a short distance then shopping on your own would be best (or may be you can do both and compare).
  • jratcliffejratcliffe Member Posts: 233
    1. Decide if you WANT a 3-year old G35. If not, then turn it in, decision made.
    2. If you do want it, find out what your lease-end buyout price is.
    3. Go to the "Real-World Trade-In Values" board and ask Terry what the car's actually worth.
    4. If 3>2, buy it at the end of the lease (note that you may be able to negotiate the lease-end buyout - Feb or early Mar would be the time to call Infiniti Financial and give it a shot - sometimes they will negotiate, sometimes they won't).
    5. If 2>3, and you can't get Infiniti to come down, go out and find yourself either a used G35, a new G35, or something else.
  • pfjepfje Member Posts: 25
    Car_man

    I have been researching leasing a 2004 FX35. I have noticed there are many 2003 FX45s still available. I have negotiated the price of a 2003 FX45 down from a MSRP of $47,047 to a selling price of $39,500. I live in the Washington, DC area. What is the money factor and residual on this vehicle? Could you work up an approximate lease payment? In your opinion, should I even be considering leasing a 2003 instead of 2004.

    As always, thank you for your help.
  • carkid21carkid21 Member Posts: 20
    I was wondering, now that its about the second week into the knew year could you help me on the leasing issues in my earlier post, I was hoping to get the numbers so I could estimate some lease terms on a G35, and if anyone else has a G that is leasing I'd really appriciate it if you could help me out. thanks
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hey bmwmaybe. I finally have had an opportunity to take a look at Acura's new lease program. If you were to lease a 2004 Acura TL with navigation through American Honda Finance Corp. this month for 3 years with 12,000 miles per, its residual value should be 58%. I haven't seen this car's 42 month residual value, but it should be around the 54% that you mentioned. You are correct when you said that vehicles with navigation usually have lower residual values than those that don't. Generally speaking, navigation systems usually cause around a 2% drop in a model's residual values. As you can see, the residual values that you were quoted are right on the money. However, I do not believe that AHFC has changed its standard lease money factors any. According to what I have heard, its base standard lease money factor for 36 month leases is still .00215. So, either they have changed it within the last couple of days, which is unlikely, or your dealer is trying to mark up AHFC's base money factor on you. Some banks do allow consumers to have their security deposit waived in exchange for a slight increase in their money factor. Having your security deposit waiver taken into account with this quote, but not your previous one is another possible explanation.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi mwertheim. Here is the informaiton that you are looking for. If you were to lease a 2004 Infiniti FX35 AWD through Infiniti Financial Services this month for 4 years with 15,000 miles per, its base lease money factor and residual value should be .00184 and 45%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're welcome, crashtestdingo. I am not certain, but I do not believe that consumers who enter into balloon notes on a vehicles are liable for diminished value because of accidents.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello halebop. You seem to have a good understanding of your options in this situation. If you are going to be way over your allowed miles on your leased Corolla, the only way to avoid having to pay a substantial lease-end penalty for excess mileage is to buy your car. If you decide to do so, you need to place a call to Toyota Financial Services, or whichever bank you are leasing it through about a month or two before your lease is up to find out what your lease-end purchase price is. As you mentioned in your post, banks occasionally are willing to negotiate their lease-end purchase prices with their lessees. If your initial contact at your bank is unwilling to work with you, you may get better results if you work your way up the ladder a few notches to some sort of manager. Whatever you do, do not go back to your dealership to negotiate your car's purchase price and do not tell your bank that you are way over your allotted mileage when you are negotiating with them.

    If you are able to buy your leased Corolla, financially speaking you would put yourself in a better position by driving it for a while and saving up a down payment for your next vehicle. Just make sure that you use that down payment to finance, not lease your next vehicle. It is never a good idea to make large down payments on leases.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings Alex. Let's take a look at the current lease program for the cars that you are interested in. If you were to lease a 2004 BMW 325i through BMW Financial Services this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00190 and 61%, respectively. The numbers for an otherwise identical lease of a 2004 BMW 325Ci should be .00190 and 57%.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hey topgun7. I do not believe that Mazda is providing any sort of lease support on the Mazda3 at this time. So if your relative was to lease one, they may be better off doing so through a bank other than Mazda's captive finance company. Dealerships usually have computer systems that allow them to search all of the banks in the country to find out which one is offering the most attractive lease program on a vehicle at any given time. This is probably how the best deal can be found on this car.

    I have seen the current lease program for the Nissan Sentra through. If you were to lease a 2004 Nissan Sentra SE-R through Nissan Motor Acceptance Corp. this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00125 and 54%, respectively. In addition to this lease money factor support, Nissan is providing $500 lease cash on the '04 Sentra right now that will help your relative to negotiate a lower capitalized cost.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi there yk40. The dealer cash that Volvo is providing on the 2004 S60 may not be used in conjunction with its special lease program. Volvo is providing so much lease support on this car already that it would be too expensive for them to allow consumers to use the cash as well. If you were to lease a 2004 Volvo S60 AWD through Volvo Finance this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00025 and 52%, respectively. The money factor for an otherwise identical lease with 12,000 miles per year would be the same, but the residual value would increase to 54%.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here is the information that you are looking for, pgill. If you were to lease a 2004 Audi A4 3.0 Sedan with quattro through Audi Financial Services in your state this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00090 and 53%, respectively. The numbers for an otherwise identical lease of a 2004 Audi A4 3.0 Avant should be .00125 and 53%.

    If you were to lease a 2004 Volvo XC70 through Volvo Finance this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00087 and 53%.

    Last but not least, if you were to lease a 2004 Infiniti G35x through Infiniti Financial Services this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00180 and 59%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    I have seen the lease program for the model that you are interested in, al330i, and I would be more than happy to help you out. If you were to lease a 2004 BMW 530i through BMW Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00240 and 64%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi dsinsocal. Ford is expected to introduce its new January lease / incentives programs on Tuesday, January 13th. In an effort to provide you with the most up to date information, I ask that you post a quick reminder for me in this discussion a day or two after that and I will be more than happy to give you an idea of what its new January lease program for the T-Bird is like. Talk to you then.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Welcome back, knockoff. Here is the information that you are looking for. If you were to lease a 2004 Volkswagen Touareg V8 (not the V8x) through VW Credit this month for 3 years with 15,000 miles per, I believe that its base lease money factor and residual value should be .00185 and 52%, respectively. On a side note, I believe that Volkswagen is introducing the Touareg with its new V10 Deisel engine in the very near future. I personally do not think that it will be worth the extra money, but I would be very curious to take one for a spin to see what it is like.

    As far as the 2004 Nissan Pathfinder Armada goes, if you were to lease a SE 4WD (not the Off Road trim level) through Nissan Motor Acceptance Corp. this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00185 and 53%, respectively. The numbers for an otherwise identical lease of a LE 4WD should be .00185 and 50%.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Sorry for the delay in my response, hipreck. I usually am not on-line on Friday nights. For future reference, if you need some information on a vehicle's current lease program, it is best to ask me mid-week. Here is the information that you requested anyways, just in case you still need it. If you were to lease a 2004 BMW 325xi through BMW Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00190 and 62%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi Jeff. Wow, BMWs sure seem to be popular this month. Let's take a look at the lease program for the model that you are interested in. If you were to lease a 2004 BMW 325Ci Convertible through BMW Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00190 and 61%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello havoc. In order for you to decide whether you want to purchase your leased I30 at the end of your term, you need to find out exactly how much money it will cost you to do so and then compare that figure to what this car is worth on the open market at that time. You will need to place a telephone call to Infiniti Financial Services, or whichever bank you are leasing this car through, about a month or two prior to the scheduled end of your lease to get an exact purchase price for this car. Keep in mind when you place this call, that some banks are willing to negotiate the lease-end purchase prices of vehicles from time to time. See if your initial contact is willing to lower their initial price quote. If not, you may have more success by working your way up the ladder a few rungs to some sort of manager. There certainly is no guarantee that they will be willing to work with you, but it is worth a shot. Once you have your car's purchase price, you need to compare it to what it is worth on the open market. You should be able to get a good idea of your car's current value by checking two places. The first is the Real-World Trade-In Values discussion that appears on the Smart Shoppers Message Board. One of our most knowledgeable community members, Terry, hangs out there and he is usually willing to give others an idea of what vehicles are worth. You also should look up your car's Edmunds.com True Market Value by clicking on the following link: Edmunds.com Used Car Appraiser. Once you have an idea of your vehicle's current value, you can make an educated decision on whether to purchase it for the price that you have been quoted. Make sure to take the fact that if you purchase your car you will not have to pay any excess mileage penalty into account.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hey pfje. I believe that Infiniti's lease program on the '04 FX35 is a little stronger than its program on the '03 model because of the '04's higher residual values. However, if you can negotiate a low enough selling price on an '03 then it might be worth your while to go with one. 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 .00175 and 52%, respectively. According to my calculations, your 3 year, 15,000 miles per, zero down, pre-tax monthly lease payment on a 2003 Infiniti FX35 AWD with an MSRP of $47,047 and a selling price of $39,500 should currently be around $530.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi carkid21. I would be more than happy to give you an idea of what the current lease program is like on the Infiniti G35. However, in order for me to do so, I need you to tell me how long you are interested in leasing for and how many miles per year you need to be able to drive. Once I have this additional information I should be able to help you out. Talk to you soon.

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  • alx1alx1 Member Posts: 5
    Good morning Car_man. Thanks for the info. I do believe the residuals go down for a 42 month lease. What about a 37 through 41 month lease? Does the residual go down, or does it stay at the 36 month residual? Thanks in advance. Take care.

    Alex
  • yk40yk40 Member Posts: 19
    Car_man kindly provided the MF and residual info on 2004 S60 AWD (re:yk40). Car-man also mentioned in his response that dealer cash ($3000) could not be used in conjunction with its special lease program. Now I am trying to find out what would be a fair cap cost for the lease. MSRP for this car is $35710 (metallic+premium+touring) . Edmund’s TMV is $34169 and cardirect.com price is $30176. I believe that Cardirect price reflects this dealer cash. What cap cost is fair for this car? Car_man? Anyone else?
  • jdl1234jdl1234 Member Posts: 1
    I leased a Ram 1500 standard cab 2003, they gave me 12K a year, I know I will exceed 60 k in 5 years, should I bring the truck in at 59999, could I buy it then? or do I have to wait the 5 years to buy the truck at a 9500.00 residual rate, and also if I buy the truck do I have to pay the mileage? Or should I pay the mileage and lease something else I don't think I am going to do that:)jdll234
  • carkid21carkid21 Member Posts: 20
    lease term will most likely be 36 months, @ 15,000 miles a year, although I only drive about 13000 a year its better for me to have the extra miles just in case. I also have given thought to a 39 month or a 48 month lease but I'm not so shir on those.
    G35 leather sedan
    premium package\&heated seats

    MSRP = 34025
    Invoice = 30701
    TMV = 31674

    though we've gotten price quotes for 31300 and 31600

    I hope this all helps
  • mhs1mhs1 Member Posts: 1
    2004 Chrysler Pacifica - 39 month lease, I intend to pay sales tax and DMV fees up front. MSRP IS $35,500, negotiated price is $32,500, and there is a manufacturer's rebate of $3,000 that will be used as a capital cost reduction. Dealer says buy back is $17,774 and money factor is .0011.
    I used Edmund's lease calculator and the selling price needed to arrive at the dealers monthly payment was the MSRP, not the selling {negotiated} price of $32,500. How does the $3,000 cap cost reduction fit into the monthly payments?
    What is the correct selling price the dealer should use? I have not signed yet, can you help. Thank you in advance.
  • beersnobbeersnob Member Posts: 3
    Carman,
    Thanks for the info above were you said:
     "if you were to lease a 2004 BMW 325Ci Convertible through BMW Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00190 and 61%, respectively." I just happened to stop in Scottsdale today and drove a 325 and got the same info above yet the money factor they quoted was .00305. Any idea why the difference? Also, they mentioned that this is not negotionable and they either lease to you at that rate or they do not.
    Thanks, again,
    Jeff
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Alex, I haven't seen residual values for 37 to 42 month terms. You need to speak with someone in your dealership's F&I department to find out BMW FS' exact value for leases of that length. Individual dealerships do not have any authority to alter banks' published residual values, so they don't have any reason to mislead you.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    As you have seen, jdl1234, part of the problem with really long leases like yours is that consumers often exceed their mileage allowances by a wide margin and owe a substantial excess mileage penalty at lease-end. Fortunately, if you opt to purchase your leased truck, you will not have to pay a penny in excess mileage or excess wear and tear charges. Consumers can purchase their leased vehicles well before their scheduled end dates, but if I was in your situation, I would wait until a month or two prior to the date that your lease is scheduled to end and place a call to Chrysler Financial, or whichever bank you are leasing it through to find out your vehicle's exact purchase price. Keep in mind that banks are occasionally willing to negotiate vehicles' lease-end purchase prices with their lessees. If your initial contact at your bank is not willing to lower your vehicle's price for you, you may have better luck by working your way up the corporate ladder a few rungs to some sort of manager. There certainly is no guarantee that they will be willing to work with you, but it's worth a shot. Whatever you do, if you are trying to negotiate your vehicle's price do not tell your bank that you are way over your mileage limit.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Thanks for the additional information, carkid21. If you were to lease a 2004 Infiniti G35 Sedan 2WD through Infiniti Financial Services this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00180 and 59%, respectively. According to my calculations, your zero down, pre-tax monthly lease payment on an '04 Infiniti G35 Sedan 2WD with an MSRP of $34,025 and a selling price of $31,674 should be right around $416. The payment for an otherwise identical 39 month lease should be $399 and the payment for an otherwise identical 48 month lease should be around $388.

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Jeff, they told you that BMW FS' money factor was .00305?!? That is an unreasonably high factor. Heck BMW FS' standard money factor is only .00240. This dealership is definitely marking-up BMW FS' base lease program. Are they the only game in town so to speak? If so, that explains why they are being so unreasonable. If not, definitely go shop at their competition.

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  • aqbqcqaqbqcq Member Posts: 14
    Carman,

    Is it wise to wait to lease a Lexus rx330 or an Acura MDX (or any SUV for that matter) until after February since these are probable in higher demand in the northeast during the colder months? Also is you could give me the curent lease figures for both of these for 36 or 39 months @ 12,000 miles a year. Thanks again.
  • carkid21carkid21 Member Posts: 20
    Hey thanks so much I was wondering what prices would be for the car. I was getting a bit worried that the price that you see on the edmunds thing was on the low side and I was hoping that it was correct. one last question though. I took a look @ auto G coupe w/leather and just the premium package

    MSRP 34345
    TMV 33499

    haven't done any negotiations but I was wondering if the lease numbers where relativly equivalent and what the payments might be. I looked at the new edmunds payment range and find it hard that the coupe would be in the 374-384. if this is true I'm thinking I like the stylying of the coupe better and I definetly like the rear seats better (though no one uses them, I like the just the looks better for some reason. please help thanks
  • dominioncarxdominioncarx Member Posts: 6
    CarMan--thanks so much for posting about the reduction in the BMW 330 money factor--it made a huge difference in the pricing (about $90/mo.) from the month before and pushed me over the top. Ordered the car today and its en route!!

    Thanks again!
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello mhs1. The lease money factor that you posted in your message is Chrysler Financial's base lease money factor. This is good news because it means that your dealer is not attempting to mark up your factor to add additional back-end profit to your deal. As far as this model's price goes, remember that the prices of leased vehicles can and should be negotiated just as if you were paying cash for them. I suggest that you take a look in the Chrysler Pacifica: Prices Paid & Buying Experience discussion that appears here in the Town Hall to get an idea of what you should pay for this model right now. You also should look up this vehicle's Edmunds.com True Market Value by clicking on the following link: Edmunds.com New Vehicle Pricing. Once you have an idea of what you should pay, negotiate a reasonable selling price with your dealer, making sure to mention that any negotiated price will have all available incentives deducted from it. Once you have reached an agreement on the price, then subtract the $3,000 lease cash and you have your vehicle's capitalized cost.

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