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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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#19811 of 23872
Re: is security deposit refundable [rosales1] by dwynne
May 04, 2005 (11:50 am)

Replying to: rosales1 (May 04, 2005 11:43 am)

That $2,598 at signing is just the promo lease to get the payments to be exactly $299 a month. You could put down less or more as you desire and still do the lease (with higher or lower payments).
 
The security deposit is refundable, when you turn the car back in if there is any excessive wear and tear charges it comes out of the deposit then you get the rest (if any) back.
 
Each lease bank has different standards on what is "Excessive" - but normally small scratches and dings are OK, larger ones or pits/chips in the glass are not.
 
Most captive lease banks (like Mazda credit) tend to be more lenient when it comes to excessive. If they get too tough then folks would not lease from them again.
 
Dennis
#19812 of 23872
Re: is security deposit refundable [dwynne] by rosales1
May 04, 2005 (12:07 pm)

Replying to: dwynne (May 04, 2005 11:50 am)

THANKS SO MUCH FOR YOUR HELP, THAT WAS A QUICK RESPONSE
#19813 of 23872
Re: is security deposit refundable [rosales1] by dwynne
May 04, 2005 (12:42 pm)

Replying to: rosales1 (May 04, 2005 12:07 pm)

I have a couple of e-mails out to Mazda dealers asking:
 
1) What is the net cap cost for this deal ?
2) What is the money factor for this deal ?
3) Is this deal available on other RX-8s besides this base model ?
 
I will post if I hear something back.
 
Dennis
#19814 of 23872
Lexus GX 470 Lease Information by jphillips
May 04, 2005 (1:01 pm)
Carman, can you tell me what the latest Residual and Money Factor is for a 2005 Lexus GX 470 including Navagation and 3rd row seat? I am looking at both a 48 Month 15K/Yr Lease and a 36 Month 15K/Yr Lease?
 
Thanks,
- Jimmy
#19815 of 23872
Acura TL... Car_Man & DWYNN by captchaos145
May 04, 2005 (1:03 pm)
CarMan I am responding to your questions regarding the 2005 Acura TL lease. Here are my answers. By the way my girlfriend, who is up my you know what, just wants this done even though we only actually started looking this past Sat. Please tell here this takes some time!!!
 
Anyway.... She wants the 2005 TL auto w/Nav. The full MSRP is $34,650 with a dest. fee of $545. The invoice is $31,575. I checked on line and I believe these #'s are correct. I would like to get this car for $32,000. 48 month lease with 12k a year. We took her trade (2002 Toyota Camry LE with 45,000 miles) to 1 of the local dealerships and they "appraised" the car for $10,500 and her buyout is $14,500. I assume they are rolling $4000 into the new lease. From what I gather the buy rate is .00220 and the same dealership quoted me a buy rate of .00230. I am doing my numbers and I am coming up with a total monthly payment (with $2,500 down) of $485 - $500. I want to do the very best though without looking like a pain in the ass. I am in sales too. I was also wondering if the Dest. fee of $545 is negotiable or again am I being a pest. The car is on the lot. DWYNN gave me a residual rate of 59% w/Nav but that was for a 36 month lease. I don't know if that changes for the 48 month lease she wants. I knew nothing about this 5 days ago so this is all a crash course!!!
 
I hope I have given you all of the necessary info you need.
 
Please help
#19816 of 23872
Re: 05 EX-L Pilot - Is this a good lease deal ?? [eva3b] by mvs1
May 04, 2005 (2:11 pm)

Replying to: eva3b (May 04, 2005 6:01 am)

The alarm through the dealership is being marked up as mentioned in an above post. What year is your Civic? Reason being most Honda models since 98' have what is called transponder bypass keys, also referred to as chipped keys. The BCM reads the code emitted from the key itself. Your car can not be stolen with older methods, the actual key is needed to start the car, when you need replacement keys you have to go threw the dealership or others that code keys, not your local Home Depot.
 
Now if you want the contents of your vehicle protected an aftermarket alarm will do this. The bypass modules as referred above are needed for remote start functions. Honda's require only one, additional protective modules such as radar or glass or almost useless.
 
Regardless go aftermarket to a reputable shop, the dealership does not install these, they are sourced out, most likely you'll end up at the same place the dealership uses, less the mark up.
#19817 of 23872
Re: Lease on 2005 545 [Car_man] by frank310
May 04, 2005 (3:58 pm)

Replying to: Car_man (May 04, 2005 3:44 am)

Thanks Car_man, I appreciate your time and effort. So far the lowest pricing I have gotten is the one I posted above, all other prices were in the high $800's with anywhere from $1,800 to $3,800 down. Again these were based on April rates wonder if May rates will be better or worse and if I can still get an 05. I wanted a 2006 530 but the rates on those were $100 per month more than an 05 545.
#19818 of 23872
Re: Re: Audi A4 Lease by Car_man HOST
May 05, 2005 (3:27 am)
I see, gwarrenfl. I thought that your ordered car was still in transit. If it is already physically at the dealer then yes you would have to sign your contract on it before the 5th to take advantage of the April program. Given the fact that April's program is fair and we are approaching convertible season, I probably would sign a lease using the April program if I was in your situation.
 
Car_man
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#19819 of 23872
Re: 2005 Acura TL With Navigation by Car_man HOST
May 05, 2005 (3:31 am)
Hello ae5555. Acura is still not providing any sort of lease support on the 2005 TL. As a result, if you were to lease one through American Honda Finance Corp. in May for 3 years you would have to use its standard lease money factor of .00240. I have not seen this car's new May residual values yet, but should be able to give you an idea of what they are like if you post a reminder in this discussion for me tomorrow. For now I can tell you that AHFC's lease acquisition fee is a whopping $1,095 in New York.
 
Car_man
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#19820 of 23872
Re: 05 EX-L Pilot - Is this a good lease deal ?? by Car_man HOST
May 05, 2005 (3:32 am)
Greetings eva3b. You never mentioned the selling price or MSRP of the truck that you are interested in leasing. These are important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the exact Honda Pilot that you are interested in for you if you let me know what these numbers are.
 
Car_man
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