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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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#19180 of 23872
Re: dhamilton [Car_man] by dhamilton
Apr 18, 2005 (6:17 am)

Replying to: Car_man (Apr 18, 2005 3:22 am)

Thanks car -man. I have one more question. living in Texas, do I still have to pay tax on the whole vehicle, not just what I'm using in a lease?
                                                                                         Thanks
                                                                                          Dan
I read in an earlier post about Texas changing it's lease tax law. I wasn't sure to what degree it changed.
#19182 of 23872
sales tax in Texas by seden
Apr 18, 2005 (6:26 am)
Car Man....could you please tell me how the sales tax is applied in Texas and by how much on a lease?
Also, I have the money factor on an Accord EX-L as 0.00113 and residual of 54%....is that correct?
Thanks a lot...going to buy this weekend...I'm excited and nervous.
#19183 of 23872
Re: 2005 Toyota Highlander Lease [Car_man] by suvgal
Apr 18, 2005 (7:08 am)

Replying to: Car_man (Apr 18, 2005 3:29 am)

Out of curiosity, could you tell me what the lease might have been for 3yrs/36,000 miles? I do not know the money factor or residual for this or I would try myself. This is for zip code 07728 and a credit rating of 800+. Thanks.
BTW, thank you for your quick reply. I enjoy the car very much so I am not unhappy with the lease/purchase at all just a little curious now.
#19184 of 23872
Mazda RX-8 incentives or lease specials? by dwynne
Apr 18, 2005 (7:09 am)
Hey car_man,
  
Anything for April on the RX-8? Last month you posted the $2,000 lease incentive (which was never posted on the Edmund's incentive page) and I was wondering if Mazda had any factory to dealer money on the RX-8 for April? Any lease specials?
  
Thanks,
Dennis
#19185 of 23872
Residual and Money Factor by kappajen
Apr 18, 2005 (9:08 am)
Hello car-man,
Thanks on the numbers for the 2005.5 Jetta - I was quoted 310/month. A little too steep for me! Was wondering if you could give me residual and money factor for a 36month/15000 mile lease for a CorollaS and the Mazda3S. Also if yoo could let me know of any lease specials this month for either that would be great! Thanks!
#19186 of 23872
BMW 5 Series by smd5
Apr 18, 2005 (9:44 am)
Car Man - Can you please give me the money factor and residual for a 2005 BMW 525i Automatic, 36mos/15k and 30 mos/15 k.
 
Thanks
#19187 of 23872
Honda Pilot EX Commercial by jvigil88
Apr 18, 2005 (10:01 am)
I saw a commercial for a lease on a 2005 Honda Pilot EX. It said $279 a month with $2800 due at signing. Is this something that is negotiable? Or is that the bottom line. This is my first time even looking at leasing a car so this is all new to me. I wanted my payments under $300 but I think with tax and other fees this monthly payment will be over $300.
 
Also... do they take trade ins on leases? Or is it better to sell PP?
 
Thanks!
 
Janell
#19188 of 23872
lease Saab 9-3 Linear by zhangtao9703
Apr 18, 2005 (10:02 am)
Hi, Car_man
 
Do you know the residual and money factor of 2005 Saab 9-3 Linear Sedan?
Is it too harsh to ask for an offer like this:
 
2005 Saab 9-3 Linear + auto. trans. + moon roof
With $3000 cash(down payment+bank fee+first month payment)
$270/month for 2 year lease with 12000miles/year.
 
Thanks a lot in advance.
#19189 of 23872
Extra Mileage Option Credit by abearfan
Apr 18, 2005 (10:39 am)
Dear Car Man,
 
Your help please...Current lease on 2002 Jaguar X Type was to expire 05-05. We took advantage of Jaguar's Loyalty Program and turned in the 2002 X Type with one (1) month remaining on lease receiving a $1,000. noncash credit applied to new lease (Jaguar Credit) for the S-Type.
 
The 2002 X Type, lease dated 2-16-02 through Jaguar Credit also, was for 39 months at 10,000 miles per year. We turned in the X-Type with the odometer reading 22,816.
 
Included in the 2-16-02 lease under the Section Extra Mileage Option Credit it states:
"At the scheduled end of this lease, You will receive a credit of .18 cents per unsued mile for the number of unused miles between 48,768 and 32,518 miles, less any amounts You owe under this lease. You will not receive any credit if the Vehicle is destroyed, if you terminate Your lease early, exercise any purchase option, are in default or the credit is less than $1.00."
 
Since I didn't have a clear understanding originally how many miles we would drive in this 39 month lease, I negotiated with the salesman and he agreed to 15,000 miles per year as an "insurance policy." since he wanted to move the X-Type. We received the above as stated in the lease agreement at no additional charge to us. I think my figures are correct... (48,768 - 32,518 = 16,250 miles. 16,250 x .18 = $2,925).
 
I bought this up a closing on the S-Type we leased 04-16-05 and the finance manager said you need to contact Jaguar Credit to resolve this "unusual issue". Now, Jaguar Credit informs me I didn't purchase the Extra Mileage Option Credit and they are right! But, I did indeed negotiated my "insurance policy." which was a lotof work and it is written in my lease dated 02-16-02. I feel that Jaguar Credit should honor this signed lease agreement.
 
Car Man, where do I go from hear? I feel strongly that I negotiated in good faith and the signed lease agreement is a legal and binding contract, but now Jaguar Credit wants to put up a fight.
 
Thanking you in advance,
 
Bill L.

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