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
|
Hi tonyf. Lincoln is currently providing lease cash on the Navigator. Specifically it has $2,000 lease cash plus an additional $1,000 bonus for deals through Ford Credit ($3,000 total) on the 2005 Navigator and $5,000 lease cash plus a $500 Ford Credit bonus ($5,500 total) on the 2004 Navigator. I would be more than happy to give you an idea of what the current lease rates and residual values are like for the Navigator, but in order for me to do so it would be a big help if you would tell me the exact model that your brother is considering, how long he wants to lease it for, and how many miles per year he needs to be able to drive it. Car_man Host Smart Shopper Message Board
|
|
|
I'm sorry to hear about your accident, smith83. I hope that nobody got hurt. The choice between these two models is an interesting one. BMW's lease program is definitely more attractive on the 2005 X5, but I personally would rather drive the 2005 A6. The A6 was recently redesigned for the 2005 model year and it is a fantastic car. Unfortunately, Audi dealers were a little disappointed with the residual values that Audi Financial Services published for it. The relatively low residual values, combined with the fact that Audi is not providing much in the way of lease money factor support on this car cause it to have a fairly high lease payment. Let's take a look at the specific programs that are available on these models at this time. If you were to lease a 2005 BMW X5 3.0 through BMW Financial Services right now for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00150 and 58%, respectively. While if you were to lease a 2005 Audi A6 3.2 through Audi Financial Services right now for 3 years with 15,000 miles per, its base factor and residual should be .00190 and 52%. Car_man Host Smart Shopper Message Board |
|
|
I would be happy to help you out, markm124. If you were to lease a 2005 Honda Accord EX without navigation through American Honda Finance Corp. this month for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00192 and 55%, respectively. The residual value for an otherwise identical lease with only 12,000 miles per year should be 2% higher for this term. Car_man Host Smart Shopper Message Board |
|
|
Replying to: Car_man (Nov 07, 2004 6:16 am) |
|
|
Hello, Quick question, I have a car dealership telling me that if I lease a car for 4 years, I can then turn this car back in after 3 and get a new lease, basically keep the lease payments going with no penalties of mileage. I find this very hard to believe and too good to be true. What is your response to this statement/question? Thanks. |
|
|
Hi Dale. These are both very nice cars. BMW is not currently providing any sort of cash support on the 2005 5-Series. However, Mercedes-Benz is providing $2,000 dealer cash that will help you to negotiate an attractive capitalized cost of the 2005 E320 Sedan. Using this information, the Edmunds.com True Market Value that is listed in the New Vehicle Pricing section of this site, and the feedback from other community members in these discussions, "Mercedes Benz E-Class: Prices Paid & Buying Experience" and "BMW 5-Series: Prices Paid & Buying Experience", you should be able to figure out what your cap costs should be like fir these cars. As far as their lease programs go, if you were to lease a 2005 BMW 530i through BMW Financial Services this month for 3 years with 15,000 miles per, its base money factor and residual value should be .00150 and 60%. The numbers for an otherwise identical lease of a 2005 E320 Sedan through Mercedes-Benz Credit Corp. should be .00235 and 58%. Car_man Host Smart Shopper Message Board |
|
You're welcome, st7. I'm glad to hear, or read I guess  , that you enjoy this discussion so much. Here is the information that you are looking for. If you were to lease a 2005 Nissan 350Z roadster touring through Nissan Motor Acceptance Corp. this month for 2 years with 12,000 miles per, its base lease money factor and residual value should be .00235 and 69%, respectively. If you were to do an otherwise identical lease of this car for 3 years, its numbers should be .00235 and 59%. I might as well give you the 39 month numbers for this model because that term will provide you with the most attractive lease payment of the three, its current 39 month numbers should be .00235 and 58%. On an interesting side note, Nissan must be having a tough time unloading the leftover 2004 350Zs because it actually introduced support on this model for the first time ever this month. It is currently offering 2% financing for up to 5 years on '04 350Zs. If you are not completely set on leasing this car, you may want to consider financing an '04 model. Car_man Host Smart Shopper Message Board |
|
|
Hello erikcrago. Individual dealers do not have the authority to make leased vehicles' excess mileage charges disappear. So most likely what's happening in this situation is the dealer that you are working with is selling you the 2005 Pathfinder that you are interested in leasing for a higher price than you normally would be able to negotiate and using that additional profit to pay your excess mileage charge for you. If you don't want to pay for your vehicles excess mileage out of your own pocket and you don't want to buy your truck then this really is the only solution to your problem. I would be more than happy to calculate a sample lease payment on the Pathfinder that you are interested in, however in order for me to do so I need you to tell me its full MSRP and selling price. 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
