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23872 messages, Last post on Sep 20, 2005 at 8:08 AM
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Hi Bryan. I just saw the Chrysler Financial lease program not that long ago. Over the past several years, DaimlerChrysler Corp. has experienced tremendous financial losses because of CFC's leasing business. As a result, they really have done away with lease money factor and residual value support on the majority of their vehicles. In some instances, they have replaced these supported money factors and residuals with lease cash. Unfortunately, the Jeep Wrangler is not one of these cases. Traditionally, Chrysler has not really had to provide much support on the Wrangler. If you lease one through Chrysler Financial right now, you would have to pay their standard lease money factors of .00340 for 36 & 48 month terms. However, CFC does have a slightly lower 39 month factor of .00325 available right now. This is probably the best term to lease through at this point. The 15,000 mi/yr 36, 39, & 48 month residual values for this truck are 54%, 53%, & 48% respectively. If you want to purchase additional mileage at lease inception you can do so through Chrysler Financial for $0.12 per mile. Given the fact that they have tremendous regional variation, Toyota's lease programs are a little more difficult to keep track of. I am sorry to say that I am not aware of any special lease promotions on the Pre-Runner Crew Cab at this time, but it is possible that there may be one in your neck of the woods. Car_Man Smart Shoppers / FWI Co-Host |
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the old freight bump move: i got taken. i thought i just added in the destination twice. well my salesperson did it too. i will be calling my sales rep tomorrow. i was just too embarrased to let everyone know. this is a fairly common .... and i do mean 'common' move many dealers pull according to another thread. i guess im stuck if they hold to their guns, as i gave them a 500 deposit. they did a nice job of hiding the actual purchase price until the last minute... and yes i signed the sales order. very misleading practice i must say ... unethical. a mistake... perhaps ... i am making the phone call tomorrow. until then ... oh if i get stuck paying sticker ... im just going to finance thru my credit union ... ive had enough |
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hey car man, i have read that certain fees can sometimes be eliminated from leases. I am interested in leasing an Audi 2.7t for 39 months w/12k per year and I am trying to determine my leasing options. The total list on the car is $47k and I am getting the car for $1200 over invoice($42.6k). I have perfect credit. |
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| Just got promotion and am in the 11th month of of a 4 year mitsubishi lease. I'd like to upgrade, possibly to a different brand. What should I do if I want to terminate early in order to minimize my costs? | |
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I am looking for a place beside the dealer to find residual and Money factors on a 2001 Audi A4 1.8T w/ Quattro, cold package, sport package, premium package, manual transmission, xenon, and ESP. I have dealt with a dealer and he would quote me different MF and residuals on the same car on the same day. I thought these to factors stayed the same. By the way i am in the midwest and have good credit, in case that makes a difference. Thanks in advance |
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Zscott1, I should be able to give you a good idea of what the current Audi Financial Services lease program is like on this car. However, I haven't seen their newest program yet. Please feel free to check back with me later on this week or early next week and I should have the information that you're looking for. Car_Man Smart Shoppers / FWI Co-Host |
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| Thank you car man. | |
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hey car man, When you look up the rates for zscott can you please address my situation, as well. I have read that certain fees (acquisition, disposition and bank)can sometimes be eliminated from leases. I am interested in leasing an Audi 2.7t for 39 months w/12k per year and I am trying to determine my leasing options. The total list on the car is $45.7k and I am getting the car for $1200 over invoice($42K). Destination of $550 is not included in the above. I have perfect credit. Thanks vkj |
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Zscott1, you are correct that a bank's lease money factors normally will be fairly stable on a short term basis. Audi Financial Services' lease program typically runs for about 30 days or so before it is revised. The current program is good from November 1st through December 5th. Right now, the lease money factor for a 2001 Audi A4 1.8t quattro is .00280 for up to 39 month terms. Furthermore, the 15,000 mi/yr residual values for this car are 62% for 30 months, 58% for 36 months, and 57% for 39 months. If you would like the residual values for any other term or mileage allowance, please let me know. Car_Man Smart Shoppers / FWI Co-Host |
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Vkj, individual dealerships really have no authority to waive a bank's security deposit, acquisition fee, or disposition fee on their own. What they can do is lower the price of the vehicle that you are interested by the amount of the acquisition fee to make it look as though there isn't one, or roll it into the vehicle's capitalized cost. Either way, it still exists. From time to time, lending institutions (usually only manufacturers' captive finance companies) will run leases without any money due at lease signing. These "sign and drive" leases will have waived acquisition fees and security deposits, and sometimes will also have waived first month's payments. Saturn is running such a program on certain cars right now. Still, these programs are the exception rather than the rule. It really wasn't clear in your post what other questions you would like me to answer. If you think of any, please feel free to ask. Thanks. Car_Man Smart Shoppers / FWI Co-Host |
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