G35 Lease Price
#16
Re: G35 Lease Price
correct, if you plan on buying the vehicle at the end of lease it does not matter. I plan on returning mine and getting into a new lease, therefore, it affects me.
AReddy, I apologize if I came too strong, but I'm sick to my head on hearing such things from people who don't seem to grasp the idea of leasing dependent on the consumer's decision - because now we all know there are advantages to leasing based on their needs.
AReddy, I apologize if I came too strong, but I'm sick to my head on hearing such things from people who don't seem to grasp the idea of leasing dependent on the consumer's decision - because now we all know there are advantages to leasing based on their needs.
#17
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Posts: n/a
Re: G35 Lease Price
Couldn't agree more about not leasing. I haven't put any money down and walked away with my last 4 vehicles with nothing more from me than a signature......nothing out of my pocket. Makes no sense for someone to tell me that I can only drive 12k, 15k, or however many miles a year and then penalize me for anything over that. Then, at lease end, nickel and dime me to death about a chip here or a pit there that is totally out of my control. All this based on a residual value that is basically grabbed out of thin air and will never equal the actual value of the car at lease end due to market conditions, etc. Makes no sense to me.
<font color=green>'03 coupe 5A/T
des plat
aero
K&N
tint
clear bra</font color=green>
<font color=green>'03 coupe 5A/T
des plat
aero
K&N
tint
clear bra</font color=green>
#18
Re: G35 Lease Price
yeah man plus if you lease, you'll be more reluctant to take trips, short and long and road trips, so you will have less fun with the car
(some say you will have more fun with the car because you can abuse it and then just give it back after 3 years) but i dont like that mentality at all
<font color=green>-Ramb0</font color=green>
(some say you will have more fun with the car because you can abuse it and then just give it back after 3 years) but i dont like that mentality at all
<font color=green>-Ramb0</font color=green>
#19
#20
#21
Re: G35 Lease Price
FWIW, I used to think leasing doesn't make sense, but completely changed my mind on the G35.
1. Every dealer in DFW areas wants MSRP+ for a 6MT, and a minimum 2 months wait. Called a leasing company and they can get a car to me @ MSRP anywhwere from 24 hours to 1 week, depending if I wants to stick with my color/option choice...
2. Assuming good credit and a honest leasing company, if you would put the difference in payment (lease vs. finance) into a modest interest bearing account for the duration of the lease, you would have almost enough cash to pay off the residual value of the car *if* you choose to keep it. Bottom line, the actual cost of the car is almost identical between leasing or financing.
3. The most important reason I'm leasing is because I can have a 4 years test drive period to decide if I'm keeping the car. I've ran into too many cars with problems that doesn't come up until 2 -3 years into ownership: '96 SHO - Transaxle problems; '99 Acura TL - tranny problem, brake problems; '00 Lightning - heads problems, weak tranny, etc. With a lease, I have 48 months to decide if the car is a keeper or not.
Yes, residual value is a guessimate. But they are based on a lot of historical data. The neat part about a lease is that I don't have to buy the car if resale values plunges for whatever reasons. But for people who financed it, you are struck with either keeping the car or takes a huge hit selling it (or trading it in) for whatever the market think it is worth.
IMO, if you have the choice to either finance or buy a car, don't rule out leasing too quickly. BTW, I don't work for a leasing company and I don't believe there is a single best solution for everyone. Just wants to share my $0.02.
1. Every dealer in DFW areas wants MSRP+ for a 6MT, and a minimum 2 months wait. Called a leasing company and they can get a car to me @ MSRP anywhwere from 24 hours to 1 week, depending if I wants to stick with my color/option choice...
2. Assuming good credit and a honest leasing company, if you would put the difference in payment (lease vs. finance) into a modest interest bearing account for the duration of the lease, you would have almost enough cash to pay off the residual value of the car *if* you choose to keep it. Bottom line, the actual cost of the car is almost identical between leasing or financing.
3. The most important reason I'm leasing is because I can have a 4 years test drive period to decide if I'm keeping the car. I've ran into too many cars with problems that doesn't come up until 2 -3 years into ownership: '96 SHO - Transaxle problems; '99 Acura TL - tranny problem, brake problems; '00 Lightning - heads problems, weak tranny, etc. With a lease, I have 48 months to decide if the car is a keeper or not.
Yes, residual value is a guessimate. But they are based on a lot of historical data. The neat part about a lease is that I don't have to buy the car if resale values plunges for whatever reasons. But for people who financed it, you are struck with either keeping the car or takes a huge hit selling it (or trading it in) for whatever the market think it is worth.
IMO, if you have the choice to either finance or buy a car, don't rule out leasing too quickly. BTW, I don't work for a leasing company and I don't believe there is a single best solution for everyone. Just wants to share my $0.02.
#22
Guest
Posts: n/a
Re: G35 Lease Price
All good points, TX_G35. My experience is based on all that lease-end crap. Had a Jetta years ago that I was turning in and the inspection process was a joke. The car was in perfect condition, but he managed to find $500 worth of things that almost seemed like the leasing company wanted him to find. Sure, I could just decide to have kept the car and financed the balloon, but why not just buy in the first place? Chase Auto Finance also once informed me that the "skip a payment" program for December was for "buyers" only, not for leases. My wife had lost her job and I tried to see what they could do to help me out.....I was told that they could only help me out if I was "buying". I understand all the calculations that would get screwed up on a lease by skipping a payment, but give me a break. So, just a couple more reasons I'll never lease again.
Noticed you're in the metroplex. Any chance you took delivery at Crest?
<font color=green>'03 coupe 5A/T
des plat
aero
K&N
tint
clear bra</font color=green>
Noticed you're in the metroplex. Any chance you took delivery at Crest?
<font color=green>'03 coupe 5A/T
des plat
aero
K&N
tint
clear bra</font color=green>
#23
Re: G35 Lease Price
g_spot, you are right. Leasing can be a nightmare with a bad leasing company. But there are a few out there that are fair and doesn't try to play games. BTW, there isn't any 6MT coupe available in the metroplex and the leasing company was going to bring the car in from either Waco or TN.
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