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Lease Questions - Ask Here - READ ONLY

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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#18457 of 23872
Re: Re: Acura MDX residual and money factor by Car_man HOST
Mar 30, 2005 (5:22 am)
You're right Chris, Acura's lease program on the MDX is pretty decent right now. If you like the MDX, you may want to check out the Honda Pilot. It is a fairly similar truck, but it is a little less expensive. BMW has a pretty decent lease program running on the X3 right now. You may want to check out the Toyota 4Runner and Highlander as well.
 
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#18458 of 23872
Re: kyfdx by Car_man HOST
Mar 30, 2005 (5:25 am)
Thanks for noticing that, kyfdx. You are absolutely right, BMW's lease money factor on the 330 convertible is not as low as it is on the 330 coupe. BMW FS' current 3 year, 12,000 miles per base lease money factor and residual value for the 2005 300Ci Convertible should be .00150 and 63%, respectively. Good info about the bump in money factor for European Delivery. Thanks.
 
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#18459 of 23872
Re: Leasing forum observation by Car_man HOST
Mar 30, 2005 (5:28 am)
Excellent observation, oaktons11. I always appreciate it when community members stop back and let us all know how everything turns out with their leases. Not only does it help others by giving them an idea of how much they should pay to lease a particular car or truck, but it also makes me feel good to see what everything worked out well. Thanks for the suggestion.
 
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#18460 of 23872
Re: Re: 2005 Subaru Legacy GT [Car_man] by mlrtime
Mar 30, 2005 (5:49 am)

Replying to: Car_man (Mar 30, 2005 4:54 am)

Car_man,
 
Can you tell me the numbers for the Legacy GT Limited Wagon 5AT for 24/24 and 36/36?
 
I was quoted the following:
24/24k 0 down: $597
24/24k 2500 down: 511
36/36k 0 down: $449
36/36k 2500 down: 438
The above numbers include Tags,title, + NJ tax.
 
24/24k = .0014 mf and 59% residual
36/36k = .0015 mf and 51% residual
 
This is for the above car + about 1k in dealer installed options. The money factor and residual seem much different than the prices you quoted for the legacy sedan.
 
Thanks for the help.
#18461 of 23872
Thx Carman by shaker58
Mar 30, 2005 (5:57 am)
I got the dealer down to 520 for the MDX touring with running boards and side moldings refundable sec and 1st upfront 3/36
 
also got another dealer 475 for base model with roof rack,sidemolding and running boards. 3/36
sec and 1 st pyt upfront
 
deal wise is one better than the other leaning towards base model
#18462 of 23872
Re: Re: Re: 2005 Accord [Car_man] by seden
Mar 30, 2005 (6:17 am)

Replying to: Car_man (Mar 30, 2005 4:59 am)

Thanks a lot....I'm sure I'll be back with more questions when I actually start to negotiate! You've been a great help
#18463 of 23872
G35 Sedan Base model w/ sunroof by forks2
Mar 30, 2005 (7:11 am)
Car_Man,
 
I feel like the Infiniti dealer tried to pull one on me last night. He wouldn't tell me what residual or money factor he was using to determine lease so I was very skeptical. He just said they were set by a number of banks. Also, these figs did not take into account credit score or anything like that. Can you please review the specs below?
 
MSRP: $31,200
Sell Price: $29,750
Lease specs: 48 mnth/ 15k miles
Trade-in: -$4,600 (Hyundai Elantra GT)
Down payment: $2000
Mnthly payment: $460 + tax
 
One more thing, his mntly payment for 39 month/15k lease was in the mid $500's. Please let me know if this is what I should expect to pay or if the dealer was trying to rip me off.
 
Thanks!
-Morgan
#18464 of 23872
Re: G35 Sedan Base model w/ sunroof [forks2] by dwynne
Mar 30, 2005 (7:22 am)

Replying to: forks2 (Mar 30, 2005 7:11 am)

The G35 captive numbers should be 51% and 0.00179 on that car. I assume the $2,000 "down payment" is an additional cap cost reduction (in addition to you car trade) ?
 
Anyway, if you plug in the residual ($15,912) and just the "sell price" ($29,750) into a lease calculator I get $370.03 per month + tax! So without a trade and paying the first month, security deposit (if any) and acq fee up front you could lease this car for $90 LESS per month WITHOUT YOUR TRADE.
 
If I deduct $4,600 from the sell price I get $265.96 per month. If I take another $2k off (assuming additional cap cost reduction) I get $220.71.
 
So your feeling was right - this is a major league rip-off deal.
 
Bad dealer, no biscuit
 
Dennis
#18465 of 23872
MDX by stein
Mar 30, 2005 (7:24 am)
Car Man,
 
Will the MDX lease program change in April, since their current $399 lease special runs through May 2?
 
I am from NJ, I just wanted to clarify: the 12K/yr per year 36 month residual is 64%, but drops to 62% for 15K/yr. The .00196 money factor stays the same.
 
Even though it probably is out of our price range, What is the money factor and residual on the 4WD Infinti QX56?
 
As always, thanks for all your help.
#18466 of 23872
Re: Questions on 2005 Honda Accord EX Lease... [dwynne] by ar831
Mar 30, 2005 (7:55 am)

Replying to: dwynne (Mar 29, 2005 3:55 pm)

Dennis,
 
I went to a Honda dealer near me and i wanted to see what they can offer. The problem is my creidt is in tier 3. Not very good, even with a co-signer that has great credit. He said he can do the deal for me for $4500 down, which includes tax title cap cost reduction and extra money to lower the payments and bring me to a tier 1 credit rather then tier 3. I would pay $266 a month with $18 going towards and specific insurance for if the car gets stolen it covers my down payment as well. With normal insurance it only covers the cost of the car not the down payment. What do you think about this deal? Thanks!

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