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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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Greetings jerhot. I would be more than happy to give you an idea of what this van's lease program should be like right now, but first I need you to tell me how long you plan on leasing it for. Once I have this additional information I will be able to help you out. Car_man Host Smart Shoppers / FWI Message Boards |
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Hi Edmund. Toyota's lease program varies by region. In order for me to give you an accurate idea of what its current numbers for the Matrix are like, I need you to tell me what state you plan on leasing this car in. Car_man Host Smart Shoppers / FWI Message Boards |
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Good morning, s852. The guidelines as to what is considered to be excess wear and tear vary from bank to bank. You would not necessarily be required to put new tires on your leased vehicle once you put a certain number of miles on it. When evaluating leased vehicles at the ends of their terms most banks measure the remaining tread on cars' and trucks' tires and charge a penalty if they have less than .XX" of tread remaining. Again, the exact amount of tread that needs to be left to avoid a penalty varies from bank to bank. You should be able to find out your bank's exact policy on this matter by visiting their Web site or by giving them a call. Car_man Host Smart Shoppers / FWI Message Boards |
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| Car_Man, I'm in New Jersey! | |
| A disadvantage of a 39 month lease in California is the vehicle registration fees. The registration fees are due yearly and you would end up paying for another year of registration by the 36th month, yet only have the car for an additional 3 months. You would then be returning the vehicle and leasing a new vehicle immediately paying registration fees again on the next car. Yearly registration fees are about 2% of the value of the vehicle so it could negate the savings of the slightly lower monthly payment of a 39 month lease vs a 36 month lease where you returned the vehicle before the registration due date. | |
| I would be leasing the van for 36 months, unless Honda has other options. I am assuming that you give me Honda's numbers, and not those from other sources. | |
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Actually, the VW incentives for November are now published in the Incentives and Rebates section. When I sent my request on Monday, it must have been "in between" months. Thanks again. |
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| Thanks Car_Man for providing accurate information on the October MF and residual for the 2004 525. I leased the car on October 31. The dealer gave me a small cap reduction because I asked for it, and he said OK since I had leased a 525 from him in December 2001. I've read on other Edmunds BMW boards about the price increases with the 2004 BMW models, but found that my monthly payments are slightly less than with the 2001 model. Both models are similarly equipped. The residual is higher now (.62 versus .60 in 2001) and the interest rate is significantly lower. So thanks again for information that helped me negotiate what I consider to be a fair deal. | |
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Car Man: Would appreciate your assistance with the November factory money factors and residuals on the following (asking for all at once so hopefully I only bug you once) We are located in Mpls., Minnesota and please assume 15,000 miles/year: 1. 2004 Accord EX V6 w/NAV -- 36 months 2. 2004 Acura TL w/NAV -- 36 months and 42 months 3. 2004 Lexus ES 330 w/NAV -- 36 months Thanks in advance. BTW, I noticed that Honda is now offering financing of 1.9 % on Accords -- would this necessarily mean that the money factor is 1/24th of 1.9%, or does that rate only apply to purchases? |
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Car_man, Can you provide me with lease information based upon 3yrs/12k for the following; 04 Acura MDX w/ Touring & Nav 04 Lexus RX330 w/ Premium & Nav Thanks, Chris |
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