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23872 messages,  Last post on Sep 20, 2005 at 8:08 AM

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What is this discussion about? Car Leasing


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#18405 of 23872
Saab Lease Support by stalnaker
Mar 29, 2005 (7:47 am)
Car_Man:
 
What specials does Saab currently have that could apply to leases? Do you know what dealer cash or special money factors are available on specific models?
 
Also, can the GM Supplier discount be applied to these deals?
 
I just want to do a final comparison before I decide on what car I want to lease.....with all of the specials I have been hearing about on Saab's, I thought it would be wise to take a look before dismissing them.
 
Thanks,
 
Ernest
#18406 of 23872
Re: 2005 Subaru Legacy GT [jasonmstone] by dwynne
Mar 29, 2005 (7:52 am)

Replying to: jasonmstone (Mar 29, 2005 4:56 am)

Invoice on that car is about $25,040 - so getting it for $23,686 sounds pretty good. Holdback is a little over $800 so it looks like your price is about $540 UNDER dealer cost - holdback.
 
car_man can tell you the exact numbers, but Subaru has a published lease special for the GT: 36/36k for $339 with $2,500 cap cost reduction and no security deposit. I would bet that based on your reduced cap cost your payments would be less.
 
I like the Subaru lineup - and I even have an older Legacy wagon for a snow day car. I just wish they had more upscale features (like NAV) available...
 
Rule one of leasing is to get a good deal on the cap cost - sounds like you have that one
 
Dennis
#18407 of 23872
Re: Acura MDX residual and money factor [Car_man] by cscowden23
Mar 29, 2005 (7:53 am)

Replying to: Car_man (Mar 29, 2005 4:55 am)

Car_Man, The MDX just seems to be a great deal for $400-430/mo with $0 down. Any other options we should be considering in that same price range?
 
Chris
#18408 of 23872
Re: Ordering a 330Ci Conv. for ED tomorrow.. [Car_man] by kyfdx HOST
Mar 29, 2005 (7:57 am)

Replying to: Car_man (Mar 29, 2005 4:20 am)

Car_man..
 
love330conv is leasing a 330Cic convertible, not a 330Ci.. I think the money factor is .0015, not .0008
 
Also, BMWFS bumps up the euro-delivery money factor by .0003 now, and then makes up for it by waiving one payment.
 
regards,
kyfdx
#18409 of 23872
Re: Re: M35 Lease [smith83] by dwynne
Mar 29, 2005 (8:05 am)

Replying to: smith83 (Mar 29, 2005 7:32 am)

>> I have not been successful at getting Lexus
>> to move from the .00275 MF, even though I am
>> qualified for the Tier 1 credit through LFS.
>> How do I combat this?
 
You can wait for the "new" to wear off these cars. Once sales slow and they start stacking up on dealer lots then you will be in a much better position to deal. The new M, new GS, and new RL all seem to be generating lots of interest and are selling well right now. I don't think there are are enough folks shopping for $45-50k cars for them to sell all they are making, so eventually deals can be had.
 
Have you tried another Lexus dealer? I know they can be far apart but it may be worth a try.
 
My local BMW dealer, for example, is owned by Sonic Automotive and their finance department has to make a profit on every sale or lease. So they would rather you walked away or got your own financing than give a customer the buy rate. It could be the same with your Lexus dealer - or it could be just greed. They have the car and you want it along with lots of other folks, so no reason to take anything off of MSRP AND they mark up the rate.
 
BTW, I looked over at leascompare and they are doing 0.00215 MF on the GS300 - but 55% residual. You might run those numbers VS the inflated rate from the Lexus dealer and just do your own lease if it works out cheaper. That will teach the Lexus dealer
 
Dennis
#18410 of 23872
Re: Ordering a 330Ci Conv. for ED tomorrow.. [kyfdx] by dwynne
Mar 29, 2005 (8:07 am)

Replying to: kyfdx (Mar 29, 2005 7:57 am)

>> Also, BMWFS bumps up the euro-delivery money
>> factor by .0003 now, and then makes up for it
>> by waiving one payment
 
I had not heard of that. So with the waived payment you are not (technically) paying rent on the car while waiting on it to arrive from Europe.
 
Dennis
#18411 of 23872
Re: Ordering a 330Ci Conv. for ED tomorrow.. [dwynne] by kyfdx HOST
Mar 29, 2005 (8:09 am)

Replying to: dwynne (Mar 29, 2005 8:07 am)

If you run the numbers, it is basically a wash with the higher money factor.. It might actually cost you a little more in the long run...
 
But, you'll feel better about it..
#18412 of 23872
Re: REQUEST - 2005 Buick Rendezvous lease data [Car_man] by pegasus17
Mar 29, 2005 (7:22 am)

Replying to: Car_man (Mar 29, 2005 4:35 am)

I live in Ohio and 3750 is what the dealer quoted me as the lease incentive for a GMAC lease. They quoted me $270/month with nothing down. Seems high to me!
#18413 of 23872
Leasing forum observation by oaktons11
Mar 29, 2005 (8:29 am)
Everyone, including myself, is always asking what they should pay for a lease, but you hardly see anyone come back and post what they were able to negotiate. The "Prices Paid & Buying Experiences" section only covers buyers. How about some leasers coming back and letting us know what they were able to get? Then we can have some ballpark figures.
#18414 of 23872
'05 Infiniti G35 by g35-or-bmw
Mar 29, 2005 (8:34 am)
Hi Car_man,
 
Thank you for all of your help. Because of this forum I have become pretty knowledgable about car leases. Please let me know what you think of the following deal that I got on a '05 Infiniti G35 w/ Premium package B, sport package, trunk mat and splash guards.
 
MSRP: $35740
Selling cost: 33181 ($500 over invoice)
Residual: 60%
Money Factor: .00179
36 months/ 15k miles
Monthly payment before taxes: $423.81
 
Due on delivery: $1600
Doc Fee $720
License/Title: 23.00
Sales Tax: 43
Security Deposit: 450 and 1st payment
 
Once again, thank you.

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