The Wall

Network Issues + New features added

Published by G

All,

Network Solutions seems to be having network issues (ironic, isn’t it?). So the website will be in and out of service until they can figure out what their issue is. I have been able to hit the site using Firefox. No luck using Chrome (which is odd). I can’t hit it with my phone, but I can with my computer. Anyway, check my twitter feed for any major announcements.

Also,

Added the following features, groups and lease rate sections:

  1. The Wall – You can now upload pictures of your own car to the wall. Please keep the filesizes small.
  2. Messaging – You can send members public or private messages. Just go to the person’s profile and select the message you want to send. Here is my profile
  3. Discussion Groups – I have broken them down into the core-brands plus a few other groups such as “Your Next Lease“. I will be commenting on my experiences searching for my next lease in that group. I encourage you to join and share what you are getting next
  4. Acura, Audi, Honda Lease Rate pages added. I will be adding Volvos once I get numbers for those. Thank you to all who are pitching in!

 

The Wall: RT’s 2013 Acura TSX Tech (2X)

Published by G

Name: RT
Location: CA
What He’s Got: Two 2013 Acura TSX Tech
What It Cost:

Where: Niello Acura from Brian (finance manager) and Chris (sales rep)
MSRP $34505
Sales Price $30,900
MF, .00043
Residual 55%
Term: 36 month at 12K/miles per year..
Extras: Niello threw in the protection package for free (wheel locks, mud flaps, and trunk liner)
Payment: $2000 upfront and $350/month.

Where: Pleasanton Acura from Tom (finance) and Jeff (Sales)
MSRP $34505
Sales Price $31,600
MF .00043
Residual 59%
Term 36 month at 10K/ miles per year
Payment: $2000 upfront and $349/month

RT’s Take: I could have done 10k miles for $342/ month but I wanted the lower residual since I WILL go over my mileage AND I am either: keeping the car in 3 years, selling it to my father, or possibly selling it on the open market. The residual price of just under $19k will be thousands under its actual market vale so I am protected on the back end. I also want to point out that this MF was supposedly only good on the special edition, so I feel good about getting it for a Tech model.
LASTLY, I was given a loyalty discount since I purchased a car from them 5 years ago, therefore this deal would be tough to duplicate exactly.

My Take: Your first deal is definitely the better one. Overall, deals were good. Couple words of caution regarding lease-end sales. Make sure you factor in sales tax because unlike the dealer, you need to pay it and the person buying from you needs to as well. Btw, now that you had some time to drive in it. How do you like the TSX and what do you think about Acura’s Tech features? Also, what you is your real-world MPG?

The Wall: Daniel’s 2013 Mercedes-Benz C300 4matic

Published by G

Name: Daniel
Location: PA
What He’s Got: 2013 Mercedes C300 4matic
What It Cost:

MSRP: 47,705
Selling Price: 42,415
27 month lease/ 10k per year
Residual: 70%
MF: .00113
Monthly: $488.91 (9% tax included)

Daniel’s Take: Car is loaded, black on black MB tex, lighting package, premium package, multimedia package, 18 inch AMG wheels, chrome door handle inserts, etc…
Sign and drive lease, monthly payment is 488.91 including 9% PA sales tax. This car has a great exhaust sound, and feels solid and well made. Still trying to find the best driving position, because the seats are not the best. Overall, super happy with the car!

My Take: Thanks for sharing your info Daniel. Sorry it took me this long to get this posted. The deal is excellent! I’m getting a 101.6 RWG rating which is phenomenal. Congrats on the new ride!!! One of the best MB leases I’ve seen in a long time!!

The Wall: Adam’s 2014 Jeep Grand Cherokee Overland

Published by G

Name: Adam
Location: N/A
What He’s Got: 2014 Jeep Grand Cherokee Overland V6 with Advanced Technology Package
What It Cost:

36 month, 12k miles per year, 52% residual, 0.00009583333 money factor (Ally uses interest rate= 0.23%)
Msrp: $48685
Sale price: $43838 with conquest incentive
Fees rolled in including first month payment: $1142.18
Monthly (w/tax): $598
Rwg rating: 88.05 (low due to low residual I think)

Adam’s Take: Overall I’m super happy with the deal. Especially the essentially 0 interest. So far I’ve tinted the front windows to match the factory tints in the back, and I just plasti dipped my wheels black. I also had the dealer leave off the front plates even though California requires them.

My Take: I think the deal is good. 88 RWG is actually not bad and it’s within the “leaseable” range. You are right about the residual making the payment higher. But the upside to that is that should you decide to buy out the car, you know most of the payments have gone towards the value of the car, not the interest. I know we’ve been talking about the possible $2000 turn in fee, so my question is, did you see it in your contract with Ally?

The Wall: Mrs G’s 2013 Honda Pilot EX 4WD

Published by G

Name: Mrs G
Location: California
What She’s Got: White 2013 Honda Pilot EX 4WD
What It Cost:

36-month | 12k miles | residual 58% | .00022 base money factor
MSRP $34100
Sale Price: $30780
Due at signing: $360
Monthly (w/tax): $374
RWG Rating – 98.0

My Take: It was excruciating finding a 4WD EX model here in So Cal. Within a 25 mile radius of my city, there were only TWO EX 4WDs. One was black and the other one was white. There about 5 more EX models out in San Bernardino county with Grey being the other color available besides white and black. Didn’t feel like driving a good hour and change, so I tried to negotiate on what’s available. I don’t want to bad-mouth certain dealers too much, but I have to say, some are just painful to deal with. Internet/Fleet just isn’t like it used to be. Many are just floor sales hiding behind a computer. Most can’t even give a competitive quote without trying to force you into the dealership or pressure you over the phone. The good news is that there are the occasional few that are so pleasant to deal with and don’t require much negotiation. Rock bottom price right off the bat!

Anyway, wife is very happy with her ride. I didn’t get all weather mats thrown in this time because I was working on 11 hrs of sleep in the last 48 hrs and I was emotionally drained due to a family situation the night before. Add on the fact that I was negotiating on a car that was as rare as this one, I just didn’t have it in me to work the guy for another $260 bucks.

If you need a Honda here in So Cal and want a hassle free experience, let me know. I got a couple guys you should talk to.

The Wall: MD’s 2012 Volkswagen Passat

Published by G

Name: MD
Location: DC Metro Area
The Ride:

2012 Passat S with Appearance Package

What It Cost:

Msrp: $23,460
Sale Price: 19,450+$625 Bank Fee=20075
Residual: 53%, 36 months @ 12,000 miles/yr.
MF: .0001
Payment: $223
Drive off costs: $1,050
state tax: $602.25
Security Deposit: $225
First Month’s Payment $223

105 RWG RATING

My Take: Very good deal MD! low payments, big discounts. I’m happy to see VW dealers are willing to shave so much off the 2012 Passats right now. Looks like it’s clearance season. Congrats on the new car!!!

The Wall: TBey’s 2012 Mercedes-Benz E350

Published by G

Name: TBey
Location: N/A
The Ride:

E350 P2, Metallic, Wheel, Pano, Lane, Spoiler

What It Cost:

$61535 msrp
$53000 sale price
33 months
62% residual
.00150 money factor
7.75% tax
12000 miles per year
$632.14 per month

96.69 RWG RATING!

My Take: Even though you didn’t go with my recommendation to buy out the C350 (which I thought you got a fantastic deal on back in ’09) This E350 is pretty darn good too. Congrats!

The Wall: Ursus’ 2012 Volvo S60 T5

Published by G

Name: Ursus
Location: N/A
The Ride:

2012 S60 T5 – Savile Grey/Black, Premium, Climate, Sport Appearance package, 17″ Njord

What It Cost:

MSRP: $37,170
Sale: $32,977
$375 – VW CC trade-in equity
$1,000 – Conquest
$740 – 2 free months
A free loaner for two weeks – priceless 🙂

36 month/12K miles
$850 out of pocket cash at signing
$374/month including tax and acquisition fee

104 RWG RATING!

My Take: Took me forever to get this posted, but I finally got around to it. I know this is the June deal, which was pretty awesome. The July one was even more awesome since Volvo was paying another two extra payments. Regardless, I think you made out like a bandit here. Free loaner, conquest cash, trade-in equity from your previous car AND a sizable discount from the dealer to top it all off. Very well done!