[perryeyges]

I plan to put approx 10,000 dn and purchase my Elise @ 60 mos, but haven't ruled out keeping the 10K in the bank and lease the car. Any lease #'s out there yet?

 

[Allan Gibbs]

You may want to try calling ACS Corp/Leasecompare.com and speak to Steve Wilhite.
The have a lender that will do "custom leases," however, they will require your information before they can give you a quote.

I plan on using ACS Corp, however, I want to wait till my car is here (Oct) before I get a custom quote. I have a feeling the lender will be Chase Bank.

Here's a link to an Elise thread I've posted on their forum:

http://www.leasecompare.com/lcforums/viewtopic.php?t=898

and here's a link to their site:

http://www.leasecompare.com/aboutus.php

 

[TIMAURO]

Anyone buying @ Criswell be advised we have a prime lender who will custom tailor lease to purchase for each individual customer. Certainly a good idea to explore all finance options.

This offer reserved for Criswell customers, please contact my Business Manager Bill VanDerweele @ 301-590-8441.


Tim

 

[Paul MD]

Tell me when my Goddamned car might arrive and I'll talk to friend Bill appropriately!

Paul

 

[Allan Gibbs]

I'm sure most dealerships will offer both financing and leasing options.

My plan is to get quotes for both leasing and fiancing from the dealer, and get comparision for E-loan.com (finance) and Leasecompare (ACS Corp).

I'm not sure of any other leasing companies (asides from Lineback Enterprises*). If anyone has any, please post.
The more sources to compare, the more choices.


*http://www.lineback.com/

 

[Canyon Carver]

Premier has a leasing program available.
Basically what they have right now for 60 months:
$42k MSRP
$4k cap cost reduction
$604/month
First and last months rent= $1,208
State Sales tax
Total- $6,250 out of pocket with an option to buy at the end for $12,000.

Financing on the other hand, again based on 60 months:
$42k MSRP
$4k down
4.9% interest
$746/month

You decide which is best for you, I know what I would choose

 

[Allan Gibbs]

Premier has a leasing program available.
Basically what they have right now for 60 months:
$42k MSRP
$4k cap cost reduction
$604/month
First and last months rent= $1,208
State Sales tax
Total- $6,250 out of pocket with an option to buy at the end for $12,000.

I'm my math is right, that means the residual is 28% and the leasee is paying the 72% of the car over 5 years. I wonder what the residuals are for a 36 and 48 month lease.

Can anyone help figure out what the money factor is. This is as far as I could go:

$42K(MSRP) - $4K(cap cost) = $38K - 12K (residual) = $26,000 to be paid over the 60 months. So, the principal payments are $433 and the interest is $171 per month.