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Smart Shopper Smart Shopper-Archives Lease Questions - Ask Here 
23872 messages, Last post on Sep 20, 2005 at 8:08 AM
You are in the Smart Shopper-Archives Forum. Your Hosts are kirstie_h & tidester
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Hey kjw24. The money factor and residual value that you were quoted to lease a 2005 TL for 3 years with 15,000 miles per do not match up with American Honda Finance Corp.'s current program for this car. The dealer that you are working with may be running your lease through a different bank. Since Acura is not currently providing any sort of support on this model, I would not be completely surprised if one was able to lease it for less through an independent bank than through AHFC. I would be more than happy to work up a sample lease payment on the car that you are considering if you let me know its full MSRP. BMW Financial Services, current 3 year base lease money factor for the 2004 330i is .00150. If the factor that you were quoted is higher than that you are either having your car's security deposit waived, acquisition fee waived, or the dealers that you are working with are attempting to mark-up BMW's base factor to add additional back-end profit to your deal. Now that you know what this car's base money factor is and the fact that there is $3,000 dealer cash on it you should be able to negotiate a very attractive deal on one. Just make sure to finalize your deal this month. I have heard through the grapevine that BMW's lease program for most '04 models will be much worse in November. Car_man Host Smart Shopper Message Board
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Hi kenv3. I would be more than happy to help you out, but in order for me to do so I need some additional information from you first. This info includes how long you want to lease these trucks for and their exact trim levels, i.e. a 2004 Durango ST 4WD, or a 2005 Durango Limited 2WD, etc.... Let me know and I will see what I can find out for you. Talk to you soon. Car_man Host Smart Shopper Message Board
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You're very welcome, kiw. You're talking about a 4 year lease of a 2004 VW Touareg right? VW Credit's base factors for this truck and term in October are .00078 for the V6 and .00090 for the V8. Also, Volkswagen is providing $500 dealer cash on leases of these trucks this month. I personally wouldn't be worried about the fact that the vehicle you are considering already has 1,000 miles on it. Having said this, I personally would much rather have a brand new Touareg than one that other people had driven 1,000 miles in if I was in the market for one and would take this into account when I made my offer. Unfortunately, in my opinion most dealers are not willing to provide enough of a discount on demo vehicles to justify purchasing them over equivalent brand new models. Car_man Host Smart Shopper Message Board |
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You're welcome, irg. Incentives tend to increase as the model year progresses, so I definitely expect the vans that you are interested in to have more support available on them in January and February than they do now. Car_man Host Smart Shopper Message Board |
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Question....trying to get the best car for the lowest monthly payment that will last a long time...but I odn't want to get hosed. Dealership in town offering very low payments (like $300 a month for 60 months) on new Hond Pilot. But this is a Balloon Paymnet...my last payment would actually be around 13k. Or I can turn in the Pilot or I can refinance the 13k. I feel as though I would basically be financing this SUV for like 10 years. What is your take...good ide or bad idea?? Thanks |
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I would be more than happy to try to give you an idea of what the lease program is currently like on the 2004 Nissan Murano. However, in order for me to do so, I need you to tell me how long you want to lease it for and how many miles per year you need to be able to drive it. Dealers definitely have this information in print and would be able to fax it to you, but I doubt that you will be able to convince one to do so. Car_man Host Smart Shopper Message Board
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No problem, alex123. I have seen Audi's lease program for the new A6. Interestingly enough, it already has a little lease support on this fantastic new car. If you were to lease a 2005 Audi A6 3.2 through AFS this month for 3 years with 10,000 miles per, its base money factor and residual value should be .00190 and 55%, respectively. The numbers for an otherwise identical lease of an '05 A6 4.2 should be .00220 and 58%. Car_man Host Smart Shopper Message Board |
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| I was quoted a 58% residual for a 39 month lease for an 04 G35 coupe lease and a money factor of .00215 through IFS. I wanted to see if this is an accurate quote. I believe it goes up to 59% for 36 months. Also I am looking at a base model and can get a discount of $2460 off selling price. Does this sound reasonable since the 05's are coming out very soon? Your help is appreciated. | |
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Car_Man, What should I expect regarding the following: 1. Price (lowest markup over invoice) ? 2. Base money factor and residual on a 36 month lease? 3. Any reason to think that an end of year lease special may be forthcoming? |
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