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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
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Hi keystone. Honda just introduced its new May lease program yesterday. I have not had an opportunity to take a close look at it yet. If you would like, please feel free to post a reminder in this discussion for me later on this week and I will be more than happy to fill you in on what I have been able to find out about the new program. Car_man Host Smart Shopper Forum |
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Hi steevo. Nissan just introduced its new May lease program very late yesterday. I have not had an opportunity to take a close look at it yet. If you would like, please feel free to post a reminder in this discussion for me later on this week and I will be more than happy to fill you in on what I have been able to find out about the new program. Car_man Host Smart Shopper Forum |
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You're welcome, ch7656. I haven't seen the new May program yet, but I expect to within the next couple of days. Check back with me late this week and I should be able to tell you what the Odyssey's new lease program is like. Talk to you soon. Car_man Host Smart Shopper Forum |
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Hi ltrain. Audi's April lease program is still in effect through May 4th. So if you were to lease this vehicle today you would have to use the April numbers that you mentioned. Car_man Host Smart Shopper Forum |
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Greetings toy4me. Since you seem to be new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. As far as the ability to negotiate a vehicle's money factor goes, individual dealers do not have the authority to lower banks' published money factors for vehicles. Where the negotiation comes in is you need to make sure that the dealer that you are working with is not "marking-up" the base money factor for the car or truck that you want. Dealers are often allowed to mark-up banks' buy rates to add additional back-end profit to deals. If you are currently $5,000 upside down on your Highlander, by far your least expensive option would be to wait until you are closer to the end of that lease. If that is absolutely not an option, you should be able to bury some of the money that you are upside down in a lease of a new Toyota Sienna. I said some because most banks will not let consumers lease or finance much more than the full MSRPs of vehicles. Even if you are able to negotiate several thousand dollars off of the price of your new Sienna, you still would have to pay money out of your own pocket to get out of your Highlander this early. Not to mention the fact that your Sienna will be much more expensive to lease than if you had done so without any negative equity. Car_man Host Smart Shopper Forum |
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John, Volvo has been providing lease support on the 2005 XC90 lately. You're right, the T6 and V8 variants of this truck will likely have different lease programs. Its April lease program just expired yesterday and I have not had an opportunity to take a look at its new May numbers yet. Please feel free to check back with me late this week and I should be able to give you a good idea of what the new lease program for this model is like. Talk to you soon. Car_man Host Smart Shopper Forum |
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Hey Gary W. Audi's April lease program is scheduled to run through May 4th. You should be able to lease this car using that program at any time prior to the 5th. Even if your car comes in after that date, you may be able to lock in the April program if you want to because your Cabrio was ordered. If you can't lock the current program in, then yes you would have to finalize your deal by today to take advantage of the April program. It is difficult to say what the new May lease program for this car will be like, but a number of automakers have cut back on their lease support on convertible models as summer rapidly approaches. Car_man Host Smart Shopper Forum
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Replying to: Car_man (May 04, 2005 4:00 am) Sorry maybe I wasn't clear in my last post. THE CAR IS AT THE DEALERSHIP AND READY FOR DELIVERY. Salesman said I MUST TAKE DELIVERY TODAY or the deal is whatever the rates and factors are tomorrow!. So it sounds like he may be justified, and I better take what I know to be a very fair lease program.  So off to the dealership! |
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Car_Man, can you please post May info for the Acura TL 2005 WITH Navigation 36/12K lease. Also, do you know if AHFC charges a bank fee in NY? Thanks a lot!
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| Quoted from dealer on Long Island, NY an 05 Pilot EX-L with 12K, 36 months. Sign and drive in terms of down payment (nothing down, just pay 1st month payment of $ 410.00). Was orignally 390 per month, but 410 a month with dealer installed alarm in addition to the factory security system. May sound like much but Civic was recently stolen and totaled, and it had no alarm, do not want to go through that again. Any information would be appreciated, thank you ??? | |
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