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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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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 |
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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 |
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Hello ajpbf7. Both the lease money factor and residual value that you were quoted for the 2004 G35 coupe that you are considering are correct. This is a good thing because it means that the dealership that you are working with is being straightforward with you. The discount that you were quoted is very reasonable. If I am not mistaken, that is right at, or perhaps even a little below dealer invoice for this car. Any time one can get a popular model that does not have any incentives on it, like the G35 coupe, for near invoice they have gotten a good deal. If you like the car, I don't see any reason not to do this deal. Car_man Host Smart Shopper Message Board |
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Greetings st7. Lexus is not currently providing any sort of lease support on the 2005 ES 330. As a result, if you were to lease one through Lexus Financial Services right now, you would have to use its standard lease program. The last time that I saw it, LFS' base standard lease money factor was .00210 for any length lease. Its 3 year, 15,000 miles per residual value for a 2005 ES 330 without navigation is currently 57%. It is difficult to predict when Lexus will introduce lease support on this car, but if I had to make an educated guess I would say that there will probably at least be a little lease support on it in December. I am not personally all that familiar with that sort of price you should expect to pay for this car in your area right now, but you should be able to get a good idea of what these cars are selling for at this time by looking up its Edmunds.com True Market Value in the New Vehicle Pricing section of this site and by stopping by the following discussion, "Lexus ES 300/ES 330: Prices Paid & Buying Experience". Car_man Host Smart Shopper Message Board |
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Here is the info that you are looking for, skbti. If you were to lease a 2005 Audi A4 1.8T sedan without quattro through Audi Financial Services right now for 2 years with 15,000 miles per, its base lease money factor and residual value should be .00085 and 68%, respectively. Its 12,000 miles per year residual value would be 2% higher and its 10,000 miles per year residual value would be 3% higher. Car_man Host Smart Shopper Message Board |
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Hey kenv3. It is possible that Chrysler Financial will not lease "new" vehicles that have over a certain number of miles on them. This would explain why the dealer that you are working with is not able to lease the demo that you were looking at to you. If you were to lease a 2005 Dodge Durango Limited 4WD through Chrysler Financial right now for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00187 and 50%, respectively. When negotiating your lease on this truck, keep in mind that DaimlerChrysler is providing $1,500 lease cash + a $500 bonus for deals though Chrysler financial for a total of $2,000 on it that will help you to negotiate a lower capitalized cost. If you were to lease a 2004 Dodge Durango Limited 4WD through Chrysler Financial right now for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00151 and 46%, respectively. There is $4,500 lease cash + $1,000 bonus cash for a total of $5,500 on the '04 Durango right now. If you were to lease either of these trucks with only 12,000 miles per year, their residual values would be 2% higher. I personally would not purchase the demo Durango unless I could get it for well below invoice minus all of the available cash incentives. Car_man Host Smart Shopper Message Board
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Hi there vino1. I would be more than happy to help you out, but since Toyota's lease program varies depending upon which one of its twelve regions one is in, I need to know what state you plan on leasing your new car in. Let me know and I will let you know. Car_man Host Smart Shopper Message Board
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No problem, eagwheels. If you were to lease a 2005 Pilot EX-L without navigation or the rear entertainment system through American Honda Finance Corp. right now for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00250 and 64%, respectively. Using these numbers, an MSRP of $32,635 and a selling price of $31,135, I come up with a zero down, pre-tax monthly lease payment of right around $415. The money factor would be the same for the '05 Pilot EX, but the residual value would be 2% higher. Car_man Host Smart Shopper Message Board
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You're welcome, kjw24. Yes those numbers are right on the money. Whoever told you that the cash incentives on the 3-Series expired on October 1st was either mistaken or just lied. BMW's cash incentives on '04 3-Series models are still there and are scheduled to run through November 1st. The supply of 2004 BMWs is definitely getting pretty thin. If you want one, you better act now. You may have to look at a few dealers to find a leftover 3-Series equipped the way that you want it, but there are still a few out there. Make sure to act quickly if you want one because they are going fast and I don't expect there to be much in the way of lease support on most '04 BMWs in November. Car_man Host Smart Shopper Message Board |
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Carman, What are the current numbers on lease deals on the 2004 VW Phaeton? Are the best #'s on a 36 month lease? I can do 36, or 42 months, 12k miles per year. What are the MF's and Residuals for those? Also, just to triple check, what are the current incentives on the Phaeton (cash back, etc). I know they are posted on Edmunds, but I have had dealers mention stuff that isn't posted. Thanks!
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