What’s Going On – December 2013

I know it’s been a while since I posted a new message. Some of you are probably wondering if I went MIA again. It is safe to say that I’m still checking my messages and watching for website activity. If you have questions, feel free to ask them and I will do my best to answer them.

Lately…

I have been in the mist of at least 10 concurrent projects at work, so it’s been tough to sit down and find time to write to you all. I haven’t had much time to car shop either which really sucks because I only have until month end to take care of things. The good news is that I made some progress today by sending off a few quote requests. With that in mind, let’s move into my next topic…

My Holiday Wishlist

So I went to the LA Auto Show last week with the family and spent a solid 3.5 hours there. My little girl tagged along and hung in there like a champ. Unlike past years, I didn’t take any pictures because having a stroller and family members tagging along really makes it tough to take photos. The good news is that there really wasn’t all that much new stuff. For those of you intrigued by the MBZ CLA, I’m sorry to say that I wasn’t all that impressed by it. The interior really disappointed me because it did not scream “Mercedes-Benz”. On the flip-side, I was really impressed by the Audi A3 sedan. Fit and finish was impressive. I can only imagine how the S3 variant drives…*drool*. Unfortunately for me, these cars are just WAY TOO SMALL. Very tight quarters. Maybe I’m just getting old (and large), but it’s not all that easy to get in and out of those cars now. Anyway, going back to the real point, this auto show was really an opportunity for me to check out vehicles on my “lease” list and hopefully get some feedback from the wife. Without any further delay, here’s what I’ve been working towards…

Top Choices (in order)

2014 Chevy Volt (quoted)
2014 Ford Fusion Titanium
2013 Infiniti G37 Journey Sedan (quoted)
2014 VW Passat TDI
2014 Honda Accord EXL V6
2014 Volvo S60 T5 Premium
2013 Lexus CT200h (quoted)
2013 VW GTI Wolfsburg
2014 VW Golf TDI

The hope here is to get a real low payment, most bang for the buck and lowest operating cost (in that order). Fuel efficiency would be nice since the Pilot isn’t exactly a gas-sipper, but not crucial since my commute is only about 10 miles each way.

VOLT Update

In any case, I got an initial offer for the Chevy Volt tonight that looks like this:

MSRP: $35, 156.00
Your Price: $31,156.00

US BANK LEASE
3-years/10,000-miles
Drive-Off: $774.06
Payment: 361.26 (includes sales tax of 9%)
Rate: 0.00091

$500 Costco Cash Card (This promotions is going on for many GM vehicles through early January 2014)

Dealer “forgot” to disclose the residual, but I’m not too worried about it. As I said, it’s an initial offer so I’m just going to bring down the hammer after I test drive the car. No sense getting into the nitty-gritty if I end up disliking the car, right?

Got my hands on it…58.245%, not too shabby. So the key now would be to obtain the full $9000 credits ($7500 FED + $1500 CA) and they can sell the car for MSRP for all I care.

Stay-tuned folks! It’s going to be a busy month of December 🙂

G37 Update

Got a quote for the G37 Journey $811 at signing, $375 a month tax included. 62% / .00084 at 36mo/12k. Looks like there’s a lot more wiggle room.

CT200h Update

Received the quote with no lease rate information, but I was able to estimate the possible numbers…$550 at signing, $395 per month tax included. Based on those payments and the assumption that the residual hasn’t changed much since Oct (61%), I calculated the MF being about .00033. I will get confirmation tomorrow.

S60 T5 Update

VOLVO December numbers are in so check them out! I didn’t get a quote yet, but they look good! I will ask for a quote next week. Check back for an updated.

 

2 thoughts on “What’s Going On – December 2013

  1. So, I’m kind of new to this leasing game. I’m curious as to how you obtained all the info you listed for the Chevy Volt, for example. I’ve emailed dealers in the past but have not been able to get the kind of info you were able to get. Any tips you can provide on what to ask in order to obtain leasing such leasing details?

    • It does vary from dealer to dealer, but you pretty much have to be straight-forward with the dealer and request it. I knew that they did leases via US Bank and Ally mostly, so I asked which were better and requested her to disclose the “interest” rate or money factor. I also got the G37 Journey’s number just now. Will be posting them on lease rate section in a bit.

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