OT: 3rd Party Leasing Companies
I just assisted a client with leasing a new Volvo XC-90 2.5T. Wells Fargo offered the best deal with a MF of .00175, a 57% residual on a 12k/36mo lease. (Volvo's MF was .0028 and residual was about the same).
The local dealer went $3k back of invoice, which included $2k of trunk money (they went into their holdback). All in all, it seemed like a pretty good deal for my client.
Two questions come to mind:
1. Do 3rd party leasing companies offer uniform rates across car brands as do 3rd party financing companies? For instance, is it likely that the .00175 rate is also offered on a BMW?
2. Is there any way to shop rates with 3rd party leasing companies directly, or do you always have to get your information through a dealer?
2014 535d, M Sport, Space Gray/Mocha Nappa
2007 530i, White/Black, 6MT
2001 530i, Orient Blue/Beige, 5MT
1994 325is, White/Black 5MT
1984 325e, White/Black 5MT
1983 318i, Delphin/Beige 4MT
Last edited by Robert A; 10-31-2005 at 12:15 PM.