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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
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Yep chile96. I recently was able to take a look at Porsche's new July lease program and they are not providing any sort of lease support on the Boxster. If you were to lease a 2003 Porsche Boxster without Tiptronic through Porsche Credit this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00250 and 53%, respectively. The numbers for an otherwise identical 48 month (I have not seen the 42 month program) lease of this car should be .00240 and 47%. If you were to lease with only 10,000 miles per year, its residual values would be 1% higher. Porsche Credit's current base lease acquisition fee is $595 in every state except for NY, RI, and ME where it was recently increased to $995. Car_man Host Smart Shoppers / FWI Message Boards |
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Hello bimmaboy23. $800 over invoice is a pretty good deal for this car. I would be more than happy to calculate a sample lease payment on one for you, but it would be helpful if you could provide me with its full MSRP and selling price first. If you don't have these numbers, I can estimate them, but it's best to use the actuals when they are available. As far as this car's lease program goes, if you were to lease any 2003 BMW 330i, regardless of its packages, through BMW Financial Services this month for 3 years with 12,000 miles per, its base lease money factor and residual value should be .00120 and 55%, respectively. Car_man Host Smart Shoppers / FWI Message Boards |
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You're welcome, David T. BMW is actually no longer providing any sort of lease or special financing support on '03 5-Series models. It has replaced these programs with dealer cash. Specifically, it is providing $3,500 dealer cash on the 2003 BMW 525i right now. You may use this cash to negotiate a more attractive selling price and then lease it through BMW FS or some other financial institution. If you do lease it through BMW FS for 3 years with 12,000 miles per, you would have to use its standard lease money factor and residual value of .00220 and 56%, respectively. Car_man Host Smart Shoppers / FWI Message Boards |
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Hi, Do you know what the basic numbers are for July? I am being quoted .64 residual and .00265 money factor for 36 mo 12000 lease. The money factor is way off from the june numbers you quoted (.65 .00220) Thanks - Chuck |
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Hi Car_man, Had gotten a dealer to agree on a reasonable buying price ($800 over invoice), and I want to calculate some monthly figures...here are the specs: 3 years 12 and 15k mi/year (just to see the diff) Retail Price = $40,445 Invoice Price = $37,030 Buying Price = $37,830 Willing to put 5 MSDs  $500 each = $2500 But I heard it is better to pay tax + tags + first payment instead..I live in VA by the way Which of these is a better payment method? How much would my monthly payments come out to be? Thanks again Car_man. |
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Car_man: Do the current GM rebates apply when leasing a vehicle? I am interested in getting this information before I visit a dealership. Thanks. Phil |
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| Hi Car_man, I'm looking at the '04 Sienna. Can you provide the MF and residuals for the XLE and Limited (both all-wheel drive models)? I'm thinking of either 36 or 48 months, 15K/yr. I recall from other posts that the Limited model had a lower residual value compared to the XLE. Thanks for the info., I'm in southern calif. | |
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Carman, I am looking at a 36 month/12k mile lease on a 2003 530ia with a MSRP of $48,745 inc. destination chg. (steptronic,pp,sp,xenon,elec sunshade). Purchase price 3k under invoice = $42,025. Dealer compared BMW lease and CHASE and came up with the following numbers with CHASE: 54% residual, .00253MF, Bank Fee $995, Base pymt $639.27 plus $49.54 tax = $688.81 with excess miles at .15 (told me .20 with BMW) Total drive off's of $1013.81 = 325.lic & 688.81 first pymt. Do these numbers look legit? They said BMW bank fee would be $725 and CHASE $995. I figure they are padding both those numbers. Thanks for your help. |
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