Author: G

09 Audi A6 Lease Rates – May 2009

Published by G

logo_audiMy Take: Wow, I’m really liking the super low money factor on the A6 right now. The residual is low as well, so leasing-to-buy is certainly a possibility here. Sticking with the 36-month term should yield the lowest monthly payments. Strategically speaking, if I wanted to buy the car at lease end, I would lease this for 36-months and go with the 10k per year allowance. I would then roll in all fees into the loan and do a true “sign-a-drive”. Now if you live in a state where you can prepay your taxes, I would recommend that you do. With the extra money you save for not having to put a down payment, I would deposit it in a CD or some high interest baring account (or invest in something). Drive the car as you please disregarding the mileage limitations. When lease expires, take out that money you were saving and use it towards the payoff. By buying out your lease, you can also avoid disposition fees and any wear and tear that the dealer will impose on you.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Audi A6 3.0L quattro Premium Plus $48,814 $52,425 $900 $702 $1050 $803

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 Audi A6

2009 Audi A6 3.0L quattro Premium
24-month | 15k miles | residual 52% | .00003 base money factor
36-month | 15k miles | residual 45% | .00003 base money factor
48-month | 15k miles | residual 37% | .00363 base money factor

2009 Audi A6 3.0L quattro Premium Plus
24-month | 15k miles | residual 52% | .00003 base money factor
36-month | 15k miles | residual 45% | .00003 base money factor
48-month | 15k miles | residual 37% | .00363 base money factor

2009 Audi A6 3.0L quattro Prestige
24-month | 15k miles | residual 51% | .00003 base money factor
36-month | 15k miles | residual 44% | .00003 base money factor
48-month | 15k miles | residual 36% | .00363 base money factor

2009 Audi A6 3.2L Premium
24-month | 15k miles | residual 53% | .00038 base money factor
36-month | 15k miles | residual 46% | .00038 base money factor
48-month | 15k miles | residual 38% | .00363 base money factor

2009 Audi A6 3.2L Premium Plus
24-month | 15k miles | residual 52% | .00038 base money factor
36-month | 15k miles | residual 45% | .00038 base money factor
48-month | 15k miles | residual 37% | .00363 base money factor

2009 Audi A6 4.2L Prestige
24-month | 15k miles | residual 48% | .00182 base money factor
36-month | 15k miles | residual 41% | .00182 base money factor
48-month | 15k miles | residual 34% | .00363 base money factor

2009 Audi A6 3.0L quattro Premium Avant
24-month | 15k miles | residual 50% | .00246 base money factor
36-month | 15k miles | residual 43% | .00246 base money factor
48-month | 15k miles | residual 36% | .00363 base money factor

2009 Audi A6 3.0L quattro Premium Plus Avant
24-month | 15k miles | residual 50% | .00246 base money factor
36-month | 15k miles | residual 43% | .00246 base money factor
48-month | 15k miles | residual 36% | .00363 base money factor

2009 Audi A6 3.0L quattro Prestige Avant
24-month | 15k miles | residual 49% | .00246 base money factor
36-month | 15k miles | residual 42% | .00246 base money factor
48-month | 15k miles | residual 35% | .00363 base money factor

09 Audi A3 Lease Rates – May 2009

Published by G

logo_audiMy Take: Ever wonder which trim is the better deal for the A3s? If you are looking for the lowest payment, the base FWD model will probably be the best choice. Now, if you wanted to know what the best “deal” would be relative to the car you get, then you will need to play around with your lease calculator. The way to determine that is simple, all you need to do is assume that all trims of the A3 cost the same, say $30,000. Then just plug in the residual value and the money factor to the calculator and see which one yields the lowest payment. I’ve come to realize is that the more you play around with the calculator, the more you will understand the relationships between the numbers. I currently do not have any Audi dealers at the Dealerplace, so you can try using Yahoo! Autos to get free quotes from dealers in your area. Once the Dealerplace gets a few Audi dealers, I will announce it.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 Audi A3 2.0T $27,238 $29,225 $488 $392 $572 $449

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 Audi A3

2009 Audi A3 2.0T
24-month | 15k miles | residual 56% | .00081 base money factor
36-month | 15k miles | residual 49% | .00081 base money factor
48-month | 15k miles | residual 42% | .00335 base money factor

2009 Audi A3 2.0T Premium
24-month | 15k miles | residual 54% | .00081 base money factor
36-month | 15k miles | residual 47% | .00081 base money factor
48-month | 15k miles | residual 40% | .00335 base money factor

2009 Audi A3 2.0T quattro
24-month | 15k miles | residual 57% | .00103 base money factor
36-month | 15k miles | residual 50% | .00103 base money factor
48-month | 15k miles | residual 43% | .00335 base money factor

2009 Audi A3 2.0T quattro Premium
24-month | 15k miles | residual 55% | .00103 base money factor
36-month | 15k miles | residual 48% | .00103 base money factor
48-month | 15k miles | residual 41% | .00335 base money factor

2009 Audi A3 2.0T S-Line
24-month | 15k miles | residual 53% | .00081 base money factor
36-month | 15k miles | residual 46% | .00081 base money factor
48-month | 15k miles | residual 39% | .00335 base money factor

2009 Audi A3 2.0T S-Line quattro
24-month | 15k miles | residual 54% | .00103 base money factor
36-month | 15k miles | residual 47% | .00103 base money factor
48-month | 15k miles | residual 40% | .00335 base money factor

2009 Audi A3 3.2 S-Line quattro
24-month | 15k miles | residual 53% | .00315 base money factor
36-month | 15k miles | residual 46% | .00315 base money factor
48-month | 15k miles | residual 39% | .00335 base money factor

Dealerplace Welcomes Aaron McCroskey

Published by G

Hello fellow Riders! I’d like to welcome Aaron McCroskey to the Dealerplace. Aaron is a friendly and professional guy who was a lot of fun to talk to. I probably spent a good hour talking to him over at MBZ Long Beach this weekend and didn’t even realized it. Haahaa. As you all know, I am about full disclosure so I need to let you know that Aaron is a floor sales guy. I am aware that for us internet people, we tend to seek out the fleet managers. However, I’m making an exception because based on my conversation with Aaron, I got the impression that he is a straight-up guy that genuinely cares about his clients, unlike the majority of the folks I’ve meet when I walk into dealerships. His personality is in line with my goal for Dealerplace, which is about building relationships, no matter where these dealers end up. What is as good as making friends with a doctor or a lawyer? Making friends with a dealer. 🙂

09 BMW Z4 Lease Rates – May 2009

Published by G

logo_bmwMy Take: I spend the weekend visiting Dave Persaud over at Long Beach BMW. VERY nice guy. This is the first time I met him, so I was plesantly surprised how “no BS” this guy is. Anyway, remember that when contacting/visiting dealears, you should do your homework first. You need to know what you want, you need to know your SALE price and have precalculated your payments so you know what to expect. Don’t show up there without knowing anything, that would defeat the purpose having me write/post all of the stuff on Leasing 101. My job is to educate you and then point you to good people that deserve your business. Moving on, I got a chance to check out the new Z4 and it is are very good looking roaster. I like the more aggressive styling and the available hardtop. Very cool. Anyway, Dave says the cars are not for sale just yet, but should be in the coming weeks. Here are the numbers in case you are ready to get one. MF is a bit high so MSD might be in order. I would recommend not leasing this car right now.

2009 BMW Z4

2009 BMW Z4 sDrive30i
24-month | 15k miles | residual 59% | .00260 base money factor
36-month | 15k miles | residual 52% | .00260 base money factor
48-month | 15k miles | residual 36% | .00260 base money factor
60-month | 15k miles | residual 30% | .00260 base money factor

2009 BMW Z4 sDrive35i
24-month | 15k miles | residual 59% | .00260 base money factor
36-month | 15k miles | residual 52% | .00260 base money factor
48-month | 15k miles | residual 34% | .00260 base money factor
60-month | 15k miles | residual 28% | .00260 base money factor

09 BMW X3, X5, X6 Lease Rates – May 2009

Published by G

logo_bmwMy Take: I would probably recommend taking a pass the X3 this month. The X5 isn’t too bad since the residual is high and the money factor is lower than the X3 and the X6, so that may not be a bad lease with some MSDs. The same goes for the X6, which has an even higher residual value than the X5. By the way, there is a $1750 loyalty cash rebate on the X5, so if you qualify, take advantage of it. 2.9% financing for up to 60 month is also being offered right now. Same thing going on with the X6. Not too bad I guess, but I prefer MB’s financing this month.

At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
09 BMW X5 xDrive 4.8i $52,530 $57,025 $851 $703 $1286 $834
09 BMW X6 xDrive 5.0i $62,145 $67,475 $1055 $816 $1046 $973

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • No rebates/incentives applied

2009 BMW X3

2009 BMW X3 xDrive 3.0i
24-month | 15k miles | residual 57% | .00250 base money factor
36-month | 15k miles | residual 53% | .00250 base money factor
48-month | 15k miles | residual 30% | .00260 base money factor

2009 BMW X5

2009 BMW X5 xDrive 3.0i
24-month | 15k miles | residual 62% | .00180 base money factor
36-month | 15k miles | residual 55% | .00180 base money factor
48-month | 15k miles | residual 37% | .00260 base money factor

2009 BMW X5 xDrive 3.5d
24-month | 15k miles | residual 61% | .00175 base money factor
36-month | 15k miles | residual 55% | .00175 base money factor
48-month | 15k miles | residual 37% | .00260 base money factor

2009 BMW X5 xDrive 4.8i
24-month | 15k miles | residual 62% | .00155 base money factor
36-month | 15k miles | residual 56% | .00155 base money factor
48-month | 15k miles | residual 31% | .00260 base money factor

2009 BMW X6

2009 BMW X6 xDrive 3.5i
24-month | 15k miles | residual 61% | .00200 base money factor
36-month | 15k miles | residual 57% | .00200 base money factor
48-month | 15k miles | residual 34% | .00260 base money factor

2009 BMW X6 xDrive 5.0i
24-month | 15k miles | residual 61% | .00175 base money factor
36-month | 15k miles | residual 58% | .00175 base money factor
48-month | 15k miles | residual 32% | .00260 base money factor

A List of Chrysler Dealerships Shutting Down

Published by G

Here is the official list of dealerships Chrysler plans to shutdown, courtesy of MSNBC.

Chrysler’s Latest Victims [PDF]

To my fellow Southern Californians, Union Dodge in Garden Grove (Trask/Brookhurst) is on the list. Bummer for them! I drive by it every time I go to the Boiling Crab and that place looks deserted. That’s pretty sad because Brookhurst is one of the busiest streets in the Orange County area.

09 Toyota Highlander Lease Rates – May 2009

Published by G

logo_toyotaMy Take: The money factor on the Highlander is acceptable (barely), but the residual is not. Now, there may be some special “regional” deals going on all Toyota’s right now, so don’t let these numbers discourage you. Just contact your local dealer if you have questions regarding money factors, residuals and customer rebates (if any). If you don’t know of a dealer that can help you, just use the Yahoo Auto Quote System. Easy way to get dealers to contact you instead.

2009 Toyota Highlander

2009 Toyota Highlander 4WD Wagon Limited
24-month | 15k miles | residual 54% | .00216 base money factor
36-month | 15k miles | residual 47% | .00216 base money factor
48-month | 15k miles | residual 38% | .00275 base money factor
60-month | 15k miles | residual 29% | .00275 base money factor

09 Nissan Rogue Lease Rates – May 2009

Published by G

logo_nissanMy Take: The Nissan Rogue’s sweet spot may be the 36-month lease, but there is nothing sweet about that .00234 money factor. 5.616% APR? No thanks.

2009 Nissan Rogue

2009 Nissan Rogue SL 2WD
24-month | 15k miles | residual 61% | .00335 base money factor
36-month | 15k miles | residual 57% | .00234 base money factor
48-month | 15k miles | residual 42% | .00325 base money factor
60-month | 15k miles | residual 35% | .00325 base money factor