Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
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
| 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. | |
|
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? |
|
|
Car_man, I'm thinking of leasing a 2005 Audi A4 1.8t, auto with prem. pkg, what is the Money factor and the residual for 2yr/15,000 mile and 2yr 12,00 mile lease. thanks |
|
|
Replying to: Car_man (Oct 19, 2004 9:39 am) Both the 2004 and 2005 Durango's are the Limited4WD models.Talked to the salesman today who informed me that they are unable to offer a lease on the 2004 demo model with the 15,000 miles. That did not make any sense to me. Also their price on the 2004 is $29,543. Considering the Kelly Blue Book retail value is $30,770 am I unreasonable in feeling that the $4,500 in factory incentives should be taken off the retail value bringing the price down to $26,200. I am looking at a three year lease and need to decide between 12,000 and 15,000 miles a year. |
|
|
To the one & only Carman, Please advise the MF & Residual for the above two for a 36 mo, 12K mile lease. The Matrix is the manual 2wd model and the Corolla is manual also. Thank you in advance!!! |
|
|
Replying to: Car_man (Oct 19, 2004 9:28 am) I am interested in leasing 2005 Pilot EX-L in NY 12,000 miles per year over a 36 month period MSRP 32,635 Selling price 31,135? Would the MF and Residual % also be the same for the EX? |
|
|
Replying to: Car_man (Oct 19, 2004 9:36 am) On the 2004 BMW 330i, both dealers I have talked with (Knoxville and Chattanooga) tell me they can't locate any more cars. Just 2005 models. I had an offer from one for $525 per month, no cap reduction, $41,945 MSRP, $37,000 cap cost, 57% residual, and .0018 money factor. This was 3 years and 12,000 miles. Equipped with premium and cold weather packages. Offer was end of Sept. Wasn't ready to decide at the time, and first week of October they told me they could no longer lease me that car at that price because all cash incentives from BMW had expired Oct. 1. But your answer seems to indicate there is still cash out there and good money factor rates. They are now trying to steer me to a 2005, but I don't want to pay that much. Any thoughts? |
|
|
I would be more than happy to help you out, akr. If you were to lease a 2005 Audi A4 3.0 quattro convertible through Audi Financial Services right now for 36 months with 10,000 miles per year, its base lease money factor and residual value should be .00225 and 62%, respectively. The money factor for an otherwise identical 39 month lease would be the same, but the residual value would drop to 59%. If you were to lease a 2005 Audi S4 convertible through Audi Financial Services right now for 36 months with 10,000 miles per year, its base lease money factor and residual value should be .00225 and 61%. The money factor for an otherwise identical 39 month lease would be the same, but the residual value would drop to 59%. Car_man Host Smart Shopper Message Board |
|
|
Hi bkipw. Balloon notes are very similar to leases. I always advise consumers not to lease, or in this instance take out a balloon note, for more than 36 to 39 months - 48 months tops. I do so for several reasons. A lot can happen in one's life over the course of 5 years. If you were to move or change jobs, you could end up going way over your allowed mileage on this truck and owe a tremendous excess mileage penalty at the end of your lease if you do not purchase it. Also, by entering into a 5 year balloon note on this Pilot its warranty will have long since expired by the end of your note. As a result, you will have to pay out of your own pocket to fix any problems that you have with it or possibly face an end of term penalty for excess wear and tear. I am sorry to say that if you can only afford this model by taking out a 5 year balloon note on it, you may want to consider something less expensive or perhaps a used vehicle. Car_man Host Smart Shopper Message Board |
|
You are here:
Forums
Smart Shopper Smart Shopper-Archives Lease Questions - Ask Here
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
