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Will the dealer provide Money Factor/Residual Value for leasing over the phone?

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Old 01-17-2007, 11:44 AM
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Default Will the dealer provide Money Factor/Residual Value for leasing over the phone?

anybody lease before...please give some advice.
Old 01-17-2007, 12:49 PM
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Default try roadfly or edmunds

the dealer probably will, but there aren't any guarantees you will get the buy rate money factor b/c dealers can make $$ on their own by padding AFS rates.

try roadfly or edmunds forums to get some good answers. the roadfly forum is linked below. good luck!<ul><li><a href="http://forums.roadfly.com/forums/financing/">http://forums.roadfly.com/forums/financing/</a</li></ul>
Old 01-17-2007, 12:51 PM
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Default A lot of dealerships have an internet sales manager....but working deals out on the phone

are always possible, they happen all the time.
Old 01-17-2007, 02:03 PM
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Default Depends where you are in the negotiation process. No relationship with the dealer or never set foot

in that dealership yet? Almost certainly not. It can vary by region, and of course changes monthly.

If you have been there at least once or maybe more times, and established a relationship with somebody, then very likely. Not only that, but they'll shop around at other banks to see if there are any better rates to be had. They know then that you're serious.

Otherwise it's easy for them to be vague. After all, you wouldn't tell them up front at first meeting what your personal limit is with regards to price/payment, would you? ;-)
Old 01-17-2007, 02:44 PM
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Default

Can Acquisition fee and deposition fee be negoiated out of the lease? TIA
Old 01-17-2007, 02:46 PM
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Default

thanks...the dealer gave me money factor and residual value.
Old 01-17-2007, 05:45 PM
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Default If stipulated by the leasing company no. It is hard to find a company that doesn't charge

some kind of inception fee. If they don't, then the residual or money factor sometimes aren't that good. The acq fee should be around $450 to $550 max. The dep fee only applies if you turn the car back into the leasing company at lease end. Trade it in or sell it outright, and the fee does not apply (or will be refunded).

Usually the leases with the lowest residual and money factor have some sort of fees.

Shop US Bank, BofA, and Chase, as those usually have the best rates unless Audi is doing a subvented lease.

However, you can frequently roll those fees into your lease. The potential downside is that the money factor my rise slightly.
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