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Prices Paid: Buying & Leasing Experiences Lincoln MKZ Lease Questions
110 messages, Last post on Nov 17, 2009 at 3:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: rj123456 (Jun 13, 2009 2:59 pm) Vehicles' lease payments are made up of two parts, the interest portion and the depreciation portion. It retrospect, now that higher gas prices and a slower economy have taken their toll on used vehicle values, manufacturers had been overestimating the future values of vehicles that they were leasing. In many cases, the vehicles that they had leased to consumers were worth significantly less than what they had estimated they would be. This phenomenon caused many banks to take huge, millions and millions of dollars, hits to their earnings and to be more conservative in estimating vehicles' residual values going forward. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jun 15, 2009 1:53 am) Can you help me out again please with current incentives for the 2009 AWD MKZ, which I hear are set to expire on 6/30/2009? What, and how much, are these incentives? A previous poster, forthill, has an interesting deal and I wonder what your thoughts are on it? What is the RV for 10.5k miles on that auto? Thanks. SammyS
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Replying to: sammys (Jun 15, 2009 4:46 am) Thanks!
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Replying to: sammys (Jun 15, 2009 4:46 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: sammys (Jun 15, 2009 4:19 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jun 15, 2009 1:59 am) I wonder if there is any lease out for a midsize near luxo mobile in the $300 range. I saw an ad today in our local paper (San Jose Mercury News) for a BMW 328i (def. luxury terrain) for $399. But they wanted $2 or $3K down.
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Replying to: Car_man (Jun 15, 2009 1:59 am) So what gives?
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if possible can i have the august numbers for 36 mos 12k fwd thank you in advance
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Replying to: rj123456 (Jul 25, 2009 1:37 pm) A Mercedes-Benz C300 would likely be in the low 4's with nothing down. The same thing goes for the Lexus ES 350 and BMW 328i. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: rj123456 (Jul 26, 2009 11:57 pm) Flash forward to today, and while this car's lease rate is about the same, its residual value is only 41%. As I suggested in my previous post, the residual value for an equivalent car today is indeed less than it was when you leased yours several years ago. A 5% drop in residual values may not seem like a lot, but on a $35,000 car with a $3,000 discount were talking about an increase of nearly $50 per month on a 36 month lease. This example is actually less extreme than many of the other drops in residual values that I have seen over the past several years. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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