Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Smart Shopper Smart Shopper-Archives Lease Questions - Ask Here 
23872 messages, Last post on Sep 20, 2005 at 8:08 AM
You are in the Smart Shopper-Archives Forum. Your Hosts are kirstie_h & tidester
|
|
|---|---|
| its me carman ... i just noticed i was on under my sons log in name. thanks | |
|
How could you possibly not be better off by financing a car. At the end of five years you will own a car and can continue to keep it or sell. Presumably if you have chosen a good car, it still has value. If you lease it at the end of 48 months you are left with nothing. Unless you have a real need to own a new car every 2 - 3 years, how does leasing ever make economic sense. I've always purchased cars that were highly rated and never felt that I had any reason to unload them after the warranty - why would anyone want a car that is unreliable after 36,000 miles? The cost of normal maintenance is well below the cost of monthly payments on a newer model. |
|
|
|
|
What is residual and mf for this car in Northern California? Looking for 36 and 48m/15k and additional per mile charge. Thanks! |
|
| I asked about this subject YESTERDAY 9am. WHATS the deal I still havent seen a response to my question or my question even posted yet! HOw long is the waiting process for my question to be posted???? GUCCI4 | |
|
|
i agree a 60 month lease makes no sense to me. when i mentioned 60 months i meant traditional financing. but a 48 month lease can make sense. first of all i can minimize my upfront cash outlay and keep my money in my investments. second, if a person finances car 'x' for five years instead of leasing for 48 months, the monthly payment will be higher ( in my case approx 100/mo) for the 48 months and the additional 12. i do all city driving and avg 15k miles/yr ... city driving is tough on a car. trust me i know what i am doing. but carman knows more!!! thats why i ask  ...carman please lets not get lost here. answer my questions about my deal when you get a chance. i know you are busy.
|
|
|
Hi again projectzx3. Given the limited dealer margin on the VW Golf, I think that you got a fair price on the car that you ordered. Eight weeks is a very long time in the world of leasing. The monthly lease payments on a particular vehicle can vary tremendously over this long a time. So it is very difficult for me to say how much this car will cost you to lease when it finally arrives at the dealership. Currently, there really is not any advantage to leasing this car because VW is not offering special lease money factors on any 2001 models yet. Down the road, however, they may introduce some support on this car that makes leasing one worth your while. Car_Man Smart Shoppers / FWI Co-Host |
|
|
Hi Bryan. I just saw the Chrysler Financial lease program not that long ago. Over the past several years, DaimlerChrysler Corp. has experienced tremendous financial losses because of CFC's leasing business. As a result, they really have done away with lease money factor and residual value support on the majority of their vehicles. In some instances, they have replaced these supported money factors and residuals with lease cash. Unfortunately, the Jeep Wrangler is not one of these cases. Traditionally, Chrysler has not really had to provide much support on the Wrangler. If you lease one through Chrysler Financial right now, you would have to pay their standard lease money factors of .00340 for 36 & 48 month terms. However, CFC does have a slightly lower 39 month factor of .00325 available right now. This is probably the best term to lease through at this point. The 15,000 mi/yr 36, 39, & 48 month residual values for this truck are 54%, 53%, & 48% respectively. If you want to purchase additional mileage at lease inception you can do so through Chrysler Financial for $0.12 per mile. Given the fact that they have tremendous regional variation, Toyota's lease programs are a little more difficult to keep track of. I am sorry to say that I am not aware of any special lease promotions on the Pre-Runner Crew Cab at this time, but it is possible that there may be one in your neck of the woods. Car_Man Smart Shoppers / FWI Co-Host |
|
|
|
|
the old freight bump move: i got taken. i thought i just added in the destination twice. well my salesperson did it too. i will be calling my sales rep tomorrow. i was just too embarrased to let everyone know. this is a fairly common .... and i do mean 'common' move many dealers pull according to another thread. i guess im stuck if they hold to their guns, as i gave them a 500 deposit. they did a nice job of hiding the actual purchase price until the last minute... and yes i signed the sales order. very misleading practice i must say ... unethical. a mistake... perhaps ... i am making the phone call tomorrow. until then ... oh if i get stuck paying sticker ... im just going to finance thru my credit union ... ive had enough
|
|
|
hey car man, i have read that certain fees can sometimes be eliminated from leases. I am interested in leasing an Audi 2.7t for 39 months w/12k per year and I am trying to determine my leasing options. The total list on the car is $47k and I am getting the car for $1200 over invoice($42.6k). I have perfect credit. |
|
| Just got promotion and am in the 11th month of of a 4 year mitsubishi lease. I'd like to upgrade, possibly to a different brand. What should I do if I want to terminate early in order to minimize my costs? | |
You are here:
Forums
Smart Shopper Smart Shopper-Archives Lease Questions - Ask Here
