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23872 messages, Last post on Sep 20, 2005 at 8:08 AM
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Hi multiplechoice. Thanks for re-posting your question in this discussion. Porsche and BMW are actually two of the few manufacturers whose lease programs actually continue through the end of April, provided that they don't make any unscheduled revisions. Here is the information that you are looking for. If you were to lease a 2003 BMW Z4 3.0 through BMW Financial Services right now for 3 years with 10,000 miles per, its base lease money factor and residual value should be .00225 and 61%, respectively. The numbers for an otherwise identical lease of a 2003 Porsche Boxster w/Tiptronic through Porsche Credit should be .00250 and 51%. Car_man Host Smart Shoppers / FWI Message Boards |
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Hi Nicole. Nissan's April lease program could be significantly different than its March lease program. I should be able to give you an idea of what the April numbers are like in a few days. Please check back with me then. Thanks. Car_man Host Smart Shoppers / FWI Message Boards |
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I saw in the financial news today that Travelers (insurance co.) took a .08 per share charge (loss) due to losses on policies insuring the residual value of leased cars. Makes me think residuals will drop or aquisition fees will rise. |
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| Here's a good test for you, something a little different, maybe you can help. I'm looking at buying a used BMW that was returned early on a lease. It was a 2002 325i (spt pkg, prem. pkg, manual, xenon lights) the lease sale price was $32,702 and was leased around 2/02 and returned 2/03. Car also had a ding on the driver side wheel well that probably needs minor work. The car has 18k miles on it. I don't know any other details. What do you think might be buyback price or price at sale in wholesale auction? (assuming a 3yr lease and 15k mileage requirement). I just don't want to get hosed buying from this used car dealer. Thanks. | |
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I am thinking about leasing a Passat GL 1.8T auto, and I was wondering if I am getting a good deal or if I should try to get the price lowered. The lease that I am looking at is a 48 month, 12,000 miles a year lease at $312.98 a month. first month down. the RV at the end will be $11,625. My main questions would be is this a good deal, if not what might be, and is the RV right or is it low. Thank you, Michael |
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Car_man, Do you know the money factor and residuals for 12k and 15k 36 months and 48 months. I have a dealer giving me 500.00 under invoice for being a teacher and saying he can lease it for around 362.00 - 0 down, 12k miles not sure on 36 or 48. Credit score is 666. Does this sound right or a run around? Thank you |
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| arath9319, why buy used? You can take advantage of the manufaturers low interest rates, get a great discount(probably less than the buyout price you listed), have the benefit of a new car warranty if you bought a new 2003 expedition. | |
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Car_man - last month you posted residual and money factor from LFS. I need that info for this month as I am right about to sign a 3 year 36k deal on the RX300, Premium Plus Value package but no NAV. I've been given a lease deal with: MSRP: $37242 Negotiated Price: $32929 plus $600 bank fee Money Factor: .00131 Residual: 51% or $18993 Monthly Payment (incl tax): 511.56 How do these numbers look? Thanks for the help! |
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Using your figures for a 36 month lease on the 3.0 X-type (.00076 and 51%), I just completed phone negotiations with my local New York dealer. I happen to have a $1000 coupon so that helped. I left no deposit. But this evening I opened my Automotive News and see for the first time that the X-type and S-type now have a $2000 "cash rebate" which expires on April 30th. Can you confirm that information so I can take advantage of it. But time is running short since my salesman is going to be doing the paperwork on Friday. Thanks for all your help. Steve |
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