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Current Best New Car Deals

192 messages,  Last post on Aug 30, 2008 at 10:03 AM

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What is this discussion about? Car Leasing, Car Financing


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#146 of 192
Re: humm... [jlawrence01] by exb0
Mar 08, 2007 (9:05 am)
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Replying to: jlawrence01 (Mar 06, 2007 11:12 am)

Here you go:
 
GLS A/T
 
or
 
Lease a 2007 Hyundai Sonata GLS A/T for $199/month* for 30 months, $800 customer cash down plus $2,300 HMFC origination support, and $999 due at signing. See your local dealer for lease details.
 
*The base monthly payment does not include tax, license, registration, options, and the like. This program is effective from March 06, 2007 through April 02, 2007
#147 of 192
... by plekto
Mar 08, 2007 (4:35 pm)
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Note that I said "less than $199". I can get half a dozen cars for $199-$209 a month. I was just curious if anytihng siginificantly less expensive was available.
#148 of 192
Wow - slow in here by plekto
May 15, 2007 (11:11 pm)
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No activity in over a month?
#149 of 192
Best SUV Lease Deals! by aepheme
Jul 13, 2007 (6:30 am)
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Thought I'd bring some life back to this thread...! What does everyone see as some of the best lease deals currently out there? I'm specifically looking for a Crossover/Midsize SUV, but I'm not particular about the actual brand. The two best deals I've found (for a 24 month / 12k lease / 0-down) are:
 
1. 07 Infiniti FX35 ($500-$530/month), $40k-$43k MSRP
2. 07 BMW X3 ($510/month), $42k MSRP
 
Surprisingly, these handily beat a number of other lower MSRP car options.
 
1. Trailblazer (~$560/month), $32k MSRP
2. Nissan Murano (~$570/month), $38k MSRP
 
Any other suggestions of SUVs or 4WD sedans that have a better $month/MSRP ratio than the BMW and Infiniti?
#150 of 192
Gap Trap? by janda1
Jul 14, 2007 (7:46 am)
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I'm in process of buying 2007 Sentra SL $17,200 after 1K in rebates. My dilemma is that their finance guy tells me that one of the rebates is tied to financing thru Nissan.No problem great rates and I have great credit. He then states that in order to get the rebate I have to purchase a $599. Gap policy. I told him that the rebate doesn't say that and he says he will check with his district manager. The car is due in Monday. I like the idea of Gap insurance,I like the rebate but not the price of it. Does anyone know whether this rebate is really tied to obtaing a Gap policy? Nissan Corp keeps referring back to the Dealership for that answer.
#151 of 192
Re: Gap Trap? [janda1] by cccompson
Jul 14, 2007 (8:22 am)
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Replying to: janda1 (Jul 14, 2007 7:46 am)

The dealer's story about the GAP policy makes no sense. The mere fact that Nissan referred you back to the dealer tells you that it's not Nissan's requirement.
 
Is the Nissan financing rate really all that good? Tying the rebate to it suggests it may be a relatively high rate. You might do better overall by arranging financing elsewhere.
#152 of 192
Re: Best SUV Lease Deals! [aepheme] by cccompson
Jul 14, 2007 (4:19 pm)
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Replying to: aepheme (Jul 13, 2007 6:30 am)

Just for comparison (from today's edition of The Columbus Dispatch):
 
'07 Volvo XC70 ($42,950 MSRP) - $399/Mo. for 24 months with $1399 at inception/10.5K miles per year and
 
'07 Volvo XC90 3.2 ($45,075 MSRP) - $449/Mo. for 24 months with $1499 at inception/10.5K miles per year.
#153 of 192
Re: Best SUV Lease Deals! [cccompson] by aepheme
Jul 14, 2007 (6:58 pm)
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Replying to: cccompson (Jul 14, 2007 4:19 pm)

Thanks, cccompson! I'll definitely have to check those out -- they look like they might be comparable after adjusting to 12k mile / 0-down.
 
We stopped by a number of dealerships today and asked them if they could come close to the MSRP/$month ratio that Infiniti and BMW are offering ($42,000/$500) = 84...
 
They all gave a resounding NO! I was amazed that most couldn't even get close. Here are some examples:
 
Honda Pilot LX 4WD: $610/month
Honda Pilot EX 4WD: $670/month
Kia Sorento: NO 24month lease option
Audi / VW Dealership: Said they couldn't get close!
Jeep Dealership: The Same.
Mazda Dealership: The Same.
Subaru Dealership: The Same.
Chevrolet Dealership: The Same.
 
The only one that got moderately close was the:
 
Chrysler Pacifica AWD: $492/month ($36k vehicle)
 
And that's still as not as good! Any other suggestions out there? I'll have to check out the Volvo further...
#154 of 192
Re: Gap Trap? [janda1] by dtownfb
Jul 14, 2007 (7:03 pm)
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Replying to: janda1 (Jul 14, 2007 7:46 am)

You do not need to buy Gap insurance to qualify for the rebate or the financing. You have a slimy financing guy who is simply trying to get as much money out of you as possible. If it was required by Nissan, it would have been spelled out in the rebate. Gap insurance is good if you have a car that depreciates quickly; you have a long term loan and you put very little to no money down (or have negative equity rolled into the loan).
 
Personally, I would pass on the $599 Gap insurance from your dealer. If you feel you need it, check with your insurance agent. Some insurance companies sell gap insurance. The nice thing is it's cheaper and you can cancel it once you are no longer upside down on the loan.
 
What are the terms of the loan and how much are you putting down?
#155 of 192
Re: Best SUV Lease Deals! [aepheme] by british_rover
Jul 14, 2007 (7:03 pm)
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Replying to: aepheme (Jul 14, 2007 6:58 pm)

Never seen someone compare the Ratio of MSRP to lease payment before to shop cars.
 
You know that just means the MSRP is highly inflated or the residual is highly inflated.
 
A 40,000 dollar car using realistic residuals and money factors should lease for 700 something a month with no money down.

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