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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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#4670 of 23872
Re: Porsche Boxter S by Car_man HOST
Sep 24, 2002 (3:59 am)
Hi remy725. The Porsche Credit September lease money factors for both the 2002 and 2003 Porsche Boxster should be .00365 for 24 months and .00270 for 36 and 39 months. The 15,000 miles per year Porsche Credit residual values for a 2002 Boxster S without Tiptronic should be 60% for 24 months, 57% for 36 months, and 56% for 39 months. The residual values for an otherwise identical lease of a 2003 model should be 61%, 58%, and 57%, respectively. The 12,000 miles per year residual values should be 2% higher than the ones that I just posted.
 
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#4671 of 23872
Re: Re: 2003 Audi A4 1.8T lease info. by Car_man HOST
Sep 24, 2002 (4:10 am)
Hey taxattorney. Audi's lease money factors are much better on the 2003 A4 3.0L Sedan w/o quattro. This car has a 3 year base lease money factor of .00185 through Audi Financial Services. Other vehicles that have similar factors are the 2003 A6 2.7T with a factor of .00150, the 2003 A6 3.0L Avant and Sedan with factors of .00140, and the A8 which is way more expensive than any of the other models that we are discussing. The 48 month factors and residuals for these cars are .00210 and 48% for the 2003 A4 3.0L Sedan w/o quattro, .00175 and 48% for the 2003 A6 2.7T, .00165 and 47% for the 2003 A6 3.0L Avant, and .00165 and 44% for the 2003 A6 3.0L Sedan w/o quattro.
 
As far as waiting goes, lease money factors definitely do not generally increase as the model year progresses. Vehicles' residual values do however gradually fall as the model year goes on, thus making vehicles with equivalent money factors more expensive to lease at the end of the model year than at the beginning. However, most manufacturers will increase their lease support on vehicles by lowering the money factors enough that they not only offset any sort of drop in residual values, but also often provide more attractive lease payments as the model year progresses. It is difficult to say what Audi will do with their lease program for the month of October, but I personally don't see how their money factors could get any higher than they are right now.
 
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#4672 of 23872
Audi A6 Avant by chrish11
Sep 24, 2002 (9:02 am)
Hi Car Man,
Would you please advise the money factor and residual for a 2003 Audi A6 Avant, 15k/yr and 36 months in Pennsylvania? Do the rates change for 39 months? Thanks!
#4673 of 23872
2003 Audi A4 lease info. by taxattorney
Sep 24, 2002 (3:34 pm)
Thanks again Car_man.
 
All the information you've provided is of great help. I hate to keep bugging you, but what's the 15K/year residual on that 3 year 2003 A4 3.0L Sedan w/o quattro lease? The .00185 money factor is attractive so I may go with that.
#4674 of 23872
As long as we are on Audi's.. by hicaira
Sep 24, 2002 (3:56 pm)
Does the A4 3.0 Quattro Avant (6m) have the same money factor as the sedan? (in So Cal - 3yr/15k). It seems like Audi has a different money factor for all their models and trims. Oy, that's confusing.
 
Thanks,
HiC
#4675 of 23872
2003 BMW 530i lease by ig1
Sep 24, 2002 (9:45 pm)
Car_man, do you have the latest number from BMW Financial Services for leasing a 2003 530i 15K miles/year, 36 months? I'm interested in the money factor, residual value, and acquisition fee. I'm in California if that makes any difference. Thanks very much in advance!
#4676 of 23872
Re: Audi A6 Avant by Car_man HOST
Sep 25, 2002 (3:59 am)
Hi chrish11. There sure are a lot of Audi fans in this discussion. I wonder if that has something to do with the fact that people who purchase them are educated consumers, or word of mouth, or just chance. Regardless, here is the answer to your question. If you were to lease a 2003 Audi A6 Avant through Audi Financial Services in the state of Pennsylvania this month for 3 years with 15,000 miles per, their base lease money factor and residual value should be .00140 and 54%, respectively. The 39 month factor should be exactly the same, but the residual value would drop 2%.
 
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#4677 of 23872
Re: 2003 Audi A4 lease info. by Car_man HOST
Sep 25, 2002 (4:01 am)
No problem, taxattorney. AFS' September 3 year 15,000 miles per factor and residual for a 2003 A4 3.0L Sedan w/o quattro should be .00185 and 54%, respectively.
 
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#4678 of 23872
Re: As long as we are on Audi's.. by Car_man HOST
Sep 25, 2002 (4:05 am)
More Audis, huh . HiC, Audi definitely has different lease parameters for all of their models and trim levels. At least right now there doesn't seem to be much in the way of regional variation in their 2003 model year lease program. Their 2002 model year program was the worst because in addition to the variation by trim level, they also divided the country into 6 regions, each with different lease money factors. Yikes! AFS' September 3 year 15,000 miles per base lease money factor and residual value for the 2003 A4 3.0 Quattro Avant should be .00280 and 57%, respectively.
 
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#4679 of 23872
Re: 2003 BMW 530i lease by Car_man HOST
Sep 25, 2002 (4:09 am)
Good morning, ig1. If you were to lease a 2003 BMW 530i through BMW Financial Services this month for 3 years with 15,000 miles per, their base lease money factor and residual value should be .00265 and 60%, respectively. All leases through BMW FS should have an acquisition fee of $525. It was a good idea to investigate that charge, because if they realize that you know a vehicles' base money factor and will not allow them to mark it up some dealers will actually mark up the lease acquisition fee a couple of hundred dollars instead to bake additional profit into a deal.
 
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