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
|
Replying to: nikinnicky (Mar 30, 2005 3:09 pm) Dennis |
|
|
|
|
Replying to: dwynne (Mar 30, 2005 3:17 pm)
|
|
|
Replying to: nikinnicky (Mar 30, 2005 5:10 pm) Dealer "doc fees" are another gotcha. The AHFS acq fee should be $595 as well. Make sure they don't inflate any of these numbers or the money factor. With the LX lease money at .9% and the EX money around 2% you might want to roll the acq fee into the lease - for sure on the LX deal since it is almost free money. There is a security deposit - your monthly payment rounder up to the nearest $25 increment (I think it is $25 for Honda, some it is $50). So if your payment was $219 then the security would be $225 (or maybe $250). You can have AHFS waive the security deposit by paying a money factor that is 0.00010 (0.24%) higher. Some folks like for them to have the deposit, but they don't pay interest on it so you can pay a little more each month and not give that to them. All AHFS leases should include the $1,500 "we forgive you" damage waiver - up to $1,500 worth of nicks, dings, etc will be waived at turn-in. Also gap insurance is included in the lease - if the car is totalled or stolen will satisfy the lease payoff even if your insurance only pays "current market value". Dennis |
|
|
Car Man, I posted awhile back about getting the base MF and residuals for the 2006 530i and they weren't available at the time. I was wondering if you have them yet since I have one coming into port on 4/6 and the dealer quoted a base rate of 0.00270 with a 62% residual (36 months, 12k/year). This seems high compared with the 0.00125 this month for the 530i and 545i. Also, do you have the April rates for the 2005 545i? Thanks, -Eric
|
|
|
You're very welcome, g35-or-bmw. I'm glad that you have learned so much from reading this discussion. It looks like you got an excellent deal on your new car. Not only was Infiniti Financial' Services base lease money factor used to calculate your payment, but your car's selling price is attractive as well. Congratulations and enjoy. Car_man Host Smart Shopper Forum |
|
|
Hey testykaren. I have seen the lease program for the models that you are interested in. If you were to lease a 2005 Mercedes-Benz ML350 through Mercedes-Benz Credit Corp. right now for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00310 and 52%, respectively. The money factor for an otherwise identical lease of a 2005 ML500 would be exactly the same, but the residual value would be 50%. MBCC's money factors vary depending upon which of its credit tiers you qualify for. When negotiating your leases on these trucks, keep in mind that Mercedes is providing $2,000 dealer cash on the ML350 and $3,000 on the ML500. These incentives will help you to negotiate an attractive capitalized cost. On a related note, recently I had an opportunity to check out the 2006 M-Class at the New York Auto Show and Mercedes-Benz did an outstanding job with its redesign of this model. Car_man Host Smart Shopper Forum
|
|
|
Greetings ar831. Honda's advertised lease on the 2005 Accord is a reasonable deal. However, the selling prices of leased vehicles are negotiable. This lease is based upon a capitalized cost that you should easily be able to beat if you shop around. I have heard about consumers leasing '05 Accords right now for right at, or even a couple hundred dollars below invoice. Car_man Host Smart Shopper Forum
|
|
|
Hi evan7578. Ahhh, spring is in the air and you're looking for a new convertible. If you were to lease a 2005 BMW 325 Convertible 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 60%, respectively. The numbers for an otherwise identical lease of a 2005 330 Convertible should be .00150 and 61%. If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 2% higher. Car_man Host Smart Shopper Forum |
|
|
Welcome aboard, mlrtime. Subaru does offer 24 month leases through its captive finance company. If you were to lease a 2005 Subaru Legacy GT Wagon through its captive finance company prior to the end of the month for 2 years with 12,000 miles per, its base lease money factor and residual value should be .00105 and 56%, respectively. Using these numbers, an MSRP of $31,964, and a selling price of $27,690, I estimate that this vehicle would have a zero down, pre-tax monthly payment of around $456. Ouch. With this lease, you would not have to pay any sort of down payment, but you would owe Subaru's lease acquisition fee of $595. Car_man Host Smart Shopper Forum |
|
|
Hello mingus. Thirty-six month leases almost always provide lower monthly payments than twenty-four month leases do. This is because new vehicles experience their most rapid depreciation during the first year of ownership. By leasing for 36 months instead of 24, you are able to spread this initial depreciation hit out over an additional 12 payments. According to the latest information that I have seen, if you were to lease a 2005 Toyota 4Runner SR5 2WD through Toyota Financial Services in its Los Angeles region prior to the end of the month for 36 months with 15,000 miles per year, its base lease money factor and residual value should be .00131 and 60%, respectively. Its residual value for a lease with only 12,000 miles per year would be 2% higher. Individual dealers do not have the authority to pad deals by altering vehicles' published residual values. Car_man Host Smart Shopper Forum |
|
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
