Announcement Regarding “My Take”
Hello dear readers!
I want to thank all of you who visit the site. I hope you find the site informative and useful in your negotiations. Three months after starting this website, I find that there are a lot more folks leasing (or looking to lease for the first time) than I initially expected. Very cool! In any case, I have had a great time answering leasing questions, posting rates and throwing in my two cents into each post. Which leads me to the following announcement:
I am currently experimenting with a new style of “My Take” which I normally post under each lease rate. Basically, I will be taking a particular trim of each car and posting a range of payments. This “estimate” is meant to be a range and is not “set-in-stone”. I wanted to put a lot more focus and emphasis on how much a monthly payment changes when the sale price fluctuates. At times, the range between invoice and MSRP is over $100 per month!!! So look for my comments at the top of each lease rate post from now, as I give you a little preview of what kind of payments you can expect for certain models/trims. Please note that all “estimates” require you to pay the traditional inception fees of your 1st month payment, bank fee, doc fee, license/registration, tire fees and in some cases, local taxes.
I love feedback from readers and this site can only get better if you pitch in, so I encounrage you to let your comments be seen!
Posted in *Announcements
July 24th, 2008 at 10:04 am
cool idea, i like it.
July 24th, 2008 at 10:35 am
I second
July 24th, 2008 at 11:42 am
awesome! Glad you guys like it. i already did that with the rogue and rav4…takes a little more time to post them, but i think it helps get a rough idea as to how much they should pay.
I got this idea while helping some readers estimate payments.
July 24th, 2008 at 5:46 pm
I like it as well. It is interesting to see the range. Sometimes it is a lot. Sometimes the amount is less meaningful. It reminds me that I am out to get a car I like at the lowest possible price. But it isn’t a good deal unless I like the car.
July 24th, 2008 at 9:29 pm
Thank you, Thank you! I have been an avid lurker since I stumbled across this site about a week ago. I still had trouble determining the RV (just took time to grasp), so I really appreciate you helping some of us “slower” folk
out.
July 25th, 2008 at 9:19 am
dclawyer: glad you like it, sometimes when i’m crunching the numbers, i’m shocked to see how huge the range is. Take the Lexus ES350 i just posted, the range is around $200 for the 24 month leases. I feel bad for those who don’t negotiate the sale price. But you are right, you gotta love the car first then worry about the payments later.
nik: thanks for dropping a line! Glad the site helps. Remember, you can always shoot me an email if you need more explanations about any other questions you may have.
July 25th, 2008 at 8:40 pm
hey G,
Thanks all your doing on posting these lease #’s. It seems ive always in the market buying a car, and i admit..i check ur website on a daily basis! thanks for all your help. wish u well.