Happy New Year!

Happy New Year everyone! As you all know, I will be going on vacation tonight and I will not be returning until the weekend of the 16th. This means that there will not be posting any lease rates until I return. I know you will miss having all the information all on one website, but don’t feel bad, you can still find it floating around the web. In any case, remember that the price tags for practically ALL BMWs are going up starting January 1st, so today IS your last day to snap up 2010 models for a lower price tag. The lease cash is still available on all BMWs right now so don’t sleep on this.

Other notable promotions that will also end come January 4th:

  • Lexus December to Remember (No idea what the deal is here)
  • VW (Sign-then-drive, waiving 1st monthly payment)
  • Audi (waiving security deposit)
  • Mazda (Sign-and-drive)
  • Infiniti (Limited Winter Engagement; really attactive lease numbers for the G37. 2010 G37s are coming next month, so the deal could be extended OR become less attractive)
  • Honda (Happy Honda Days; for the most part, the lease rates are pretty good on the more popular models like the Accord)
  • Toyota (Camry is a REALLY good deal right now)
  • Acura (The $1500 and $2000 rebates will probably disappear come January 5th on the TSX V6 with and without Tech).

Now before I head out, there will be some temporary changes that I plan to implement starting today.

  1. New users cannot register in the forums. During my absence, I will be disabling the new user registration approving new users MANUALLY because I’ve been slammed with spammers these past couple weeks and I do not want to come back to a bunch of spammers peddling their viagra, cyalis, ringtones or webcam girls. Since I won’t be able to moderate the forums on a daily basis I felt this was the best option while I am away. New users will be approved upon my return.
  2. Current users will still have access to the forums. This means if you have already registered, you can post as you please.
  3. You may use this blog post as your general Q&A post. Since the blog part of the site handles spam much better than the forums, you may ask your questions here if you like. Just remember that using certain explicit language or hyper linking to other websites will get your comments flag as spam, so it would have to be approved manually.

That is all folks! Enjoy the New Year, hopefully we get some really good lease rates this year (I know I need it because my TSX has about 4 payments left).

See you all when I get back!

G

LA Auto Show 2009

The 2009 Auto Show, overall, was worse than the 2008 show. That says a lot because the 2008 show wasn’t all that good either. However, considering the state of the industry in these economic times, one has to be surprised to even see an auto show these days. Before I get started with my list of highlights from the show, I’d like to point out that many manufacturers skipped out on this years show. Notable absentees include: Nissan/Infiniti, Ferrari, Lamborghini, Saturn (obvious reasons) and Pontiac (even more obvious). The most surprising participant was Saab. Considering what’s going on with Saab right now, I wasn’t expecting them to be there at all. For all we know, their future may not extend past this holiday season. That would explain why the didn’t show their concept cars this year.

Now lets move on to my First Annual RwG Auto Show Awards! Remember these are personal opinions, which are open to debate. Chime in if you disagree!

Star(s) of the Show: I would have to give the Audi R8 Roadster and the Lexus LF-A the nod on this year’s show. Last year, the one that impressed me most was the Buick Riviera. This year, I didn’t even recall seeing it. Nevertheless, these two super cars are sexy and I wouldn’t mind having either one parked in my garage at some point in my life.

Runner-up: Fisker Karma/Sunset.

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Concept of the Show: I would have to give this award to the Honda P-Nut. Probably the strangest yet unique vehicle on the show (The BMW Vision came a close 2nd). It’s got the “cute” factor as well, so it doesn’t hurt. It sits three, in a “McLaren F1” formation, featuring the driver middle, allowing passengers to have a lot of leg room. Clever. Ladies, be sure to wear pants when driving this thing because oncoming traffic and pedestrians can see EVERYTHING through the windshield. 😉

Runner-Up: Volvo S60.

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Hybrid of the Show: Fisker Karma/Sunset and the Chevy Volt get the award for this category. The Karma/Sunset is cheaper than it looks; It has the looks of an exotic, but it comes in at under $100k. It also comes in two trims, Sedan and Coupe. Gotta Love It. The other winner, the Chevy Volt, should be selling for around $40k. It is a bit more expensive than the Prius, Insight, Civic and Fusion, but the fact that you can run it purely off the electric motor can potentially save you a load of money on gas over time (if you commute is less than 40 miles round trip). For me, I practically don’t have to pay for gas since my commute is 10 miles round trip. Added bonus? It doesn’t look like a pod (think Prius/Insight).

Runner-up: Ford Fusion.

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Surprise of the Show: Buick LaCrosse/Hyundai Genesis. Yeah, yeah, yeah. I know, GM and Hyundai…And yes, I remember what I’ve said about Hyundais and GMs. But these two sedans look and feel better than I ever expected. The Buick was elegant and fairly well built. Materials where plush and the didn’t carry the typical cheapness found in earlier GMs. The same can be said about the Genesis sedan. I sat in the backseat and was VERY impressed with the quality of materials. The leather was soft and cushy, plus there was a TON of legroom. The only question I have now is, “how do they handle on the road?”.

Runner-Up: Hyundai Sonata.

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WTF of the Show: Every show has a “WTF” car that just looks weird or makes you wonder what the designer was drinking/smoking when designing the car. This year’s award goes to the Porsche Panamera. I know there are a lot of concept cars that give off the “WTF” aura as well, but the thing about the Panamera that beats them all is that this vehicle is production-ready. Seriously? A 4-door Porsche hatchback?? Its like a flattened, stretched and lowered Cayenne or something. Really bizarre. What’s really funny is that there were these folks commenting about how “gorgeous” this car was and what not (dude peeking into the cockpit in the 2nd pic; the one with the flannel shirt. You know, your “typical” Porsche buyer. LOL.), so I guess they didn’t mess up that bad. But then again, there were some people out there that really loved their Pontiac Azteks too.

Runner Up: Jeep Lower Forty. Mini Concept.

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Here is the full gallery of pics I took at the show. The goods, the bads and the uglies.

2009 OC Auto Show

I was on hand at the OC Auto Show this weekend browsing through the latest and greatest from a handful of manufacturers. It was somewhat disappointing to see that some big name brands didn’t show up, but then again I can’t really blame them. Come November, the Los Angeles Auto Show should be in town, so there isn’t much of a spending that kind of money to promote your vehicles twice in the same market. Nevertheless, the OC Auto Show was solid because it was not too crowded and I got to hope into practically every single car. Hopefully, you took advantage of the free ticket I posted on the previous OC Auto Show post. I ended up realizing that the ticket was only FREE for Thursday and Friday. For Saturday and Sunday, it gives you a 50% discount for up to 4 tickets; still a pretty good deal.

For those who have never been to the OC Auto Show, this is a much smaller venue compared to the LA Auto Show. The most notable absentee was Mercedes Benz. I found that to be somewhat strange considering BMW, Audi, Infiniti and Lexus put up some seriously strong showings there. Now the highlight of the show was probably Saturday’s Hawaiian Tropic Bikini contest. Unfortunately, by the time I got there, the crowd had gotten pretty big and it was hard to see much of anything. I also happened to be with my wife, which pretty much explains why I didn’t get to see anything as well. Nevertheless, I did bump into some rather attractive booth girls and there were a few bikini models did roam around the show taking pictures with attendees.

Now lets go back to the cars shall we! 🙂

Acura: The fellows from Japan had the usual lineup, TSX, TL, RL, RDX and the MDX. They also brought in the production ready model of the ZDX, which looks looks like an oversizedd futuristic sports car with 4 doors and a big trunk. My biggest complaint? The color. Why on earth would you debut a production ready vehicle in a crappy brown color?! Great car, crap color.

Audi: Audi brought in all of their cars in glossy white and left the LED lights on to add to the COOL factor. Too bad they put the price tag on these cars too. Talk about sticker shock! One of the most surprising things about the A5 is the trunk space, its freaking HUGE for a coupe.

BMW: The BMW section was a bit bland. I didn’t spend much time there, but I did get the wife into a M3 and she loved the supple leather seats. Her direct words “wow, the leather feels nice”.

Buick: Buick showed off the new Lacrosse and that’s about it. It looks very Lexus-like. Why not just buy a Lexus?

Cadillac: They showed up the CTS trims and their new concept coupe, the Converj. They had this lady presenting the vehicle and talking about design philosophy, etc…then she asks “Do you have any questions? Like when its coming out or how much it will cost? Well it’s not coming out, so there’s no price for it”.

Chevy: Chevy brought out the big guns by displaying a full-sized version of Bumblebee of the Transformers. They even brought in an Autobot-branded Camaro to post next to it. Then my wife and I stood next to them and posted with them. LOL. It was quite entertaining. GM also brought out some of their high-end Corvettes and Camaros and displayed the Stingray Concept; VERY awesome looking as you can see.

Chrysler: Yawn…

Dodge: Double Yawn…

Ford: Probably the biggest disappointment for me was 2010 the Ford Taurus. That center console is freaking MASSIVE! I felt claustrophobic in there and that’s a pretty big car. Not only that, the plastic interior panels reminded me of BouncewithB’s company car, the Dodge Nitro. I could literally PUSH some panels in exposing huge gaps between them. You won’t see that in an Audi A6.  I spent about 5 minutes sitting next to this British guy inside the Taurus and all we did was whine about how Ford has disappointed us yet again.

GMC: Nothing too exciting, just the usual suspects.

Honda: The only  “exciting thing” was their hydrogen powered car that I’ve seen three times already.

Hyundai: Wife really liked the Genesis Coupe and proceeded to diss my G37 as having a “BIG BUTT” compared to the Genesis. How RUDE!

Infiniti: Wife, again tried to make me feel good by telling me the Moonlight White on the EX35 is much better looking than the Ivory Pearl on my G37. Gotta love her. 🙂

Lexus: New HS looks like a bigger more expensive high-tech Prius. Sat in the IS-F and I have to say that that car feels way too cheap inside for a Lexus.

Mazda: I noticed all 2010 model have the massive fish-lip that the 2009-2010 Mazda3 and Mazda6  came out with; yup, that includes the RX8.

Mercedes Benz: A no-show. Lame.

MINI: Sat inside the Clubman with the wife at the wheel. She proceeded to feel claustrophobic (like I was in the Taurus) and jumped out. Looks like we’re not getting a MINI after the TSX.

Nissan: I don’t think I made it there.

Subaru: Took a few pics of the STi. Good looking hatchback if I do say so myself.

VW: The new Golf / GTI are out and they look much better in my opinion. I would probably consider a 4-door GTI as my weekend car since its compact yet has more cargo room than my G37.  I spent some time looking at the Tiguan as well. My folks recently picked one up so I wanted to see what it was like. Its not the most luxurious car out there, but its well-built and has a nice interior.

Volvo: The new S60 and the C30 looked better in person. Their new crossover SUV XC60 looks wicked with dark tinted glass. I still wouldn’t lease one yet since I still remember my sister’s horror stories about her S70 back in the day.

Anyway, I would go on and on about the show, but I’m sure you guys want to see the pictures, so here you go!

The Wall: Jake M’s Mom’s 2010 Toyota Camry LE

Name: Jake M.
Location: Massachusetts
What He’s Got: 2010 Silver Toyota Camry LE (It’s for the mom)
What It Cost: msrp $22850 with (delivery) payment $250 36/12k lease only $250 out of pocket all other fees rolled in, sell price was invoice $$$??? and a few hundred out of their hold back to make the payment what it is.

My Take:Love the super low payment. I know there isn’t a lot of info available, but 1st payment and $250 month is pretty good. For the sake of this post, I’m going to guestimate the payments here.
MSRP 22850, sale 22690 (around invoice), 57% residual, 15k miles, 36-months, 6.25% sales tax, money factor of 0.00078. With inceptions due at signing, we’re looking at around $254. You made out better than that since your inception was just the 1st month payment. I think my calculation’s margin of error might be around 1%-2% or $6-$12 per month. Regardless, good job Jake! I’m sure Mom is very proud!

Want your ride featured on RIDE with G? Head over to THE WALL for more information.

Camry LE exterior

Camry LE interior

2010 Toyota Prius Lease Rates – July 2009

logo_toyotaMy Take: MF rises .00010 points from June, so things got a bit more expensive than last month. Seems like the Prius is selling well, which could explain the sudden rise in MF. I would recommend passing on this car this month. Maybe next month will be better.

Check out the new LIST for the recommended leases of the month.

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2010 Toyota Prius

2010 Toyota Prius II
24-month | 15k miles | residual 74% | .00265 base money factor
36-month | 15k miles | residual 67% | .00265 base money factor
48-month | 15k miles | residual 59% | .00265 base money factor
60-month | 15k miles | residual 50% | .00265 base money factor

2010 Toyota Prius III
24-month | 15k miles | residual 74% | .00265 base money factor
36-month | 15k miles | residual 67% | .00265 base money factor
48-month | 15k miles | residual 59% | .00265 base money factor
60-month | 15k miles | residual 50% | .00265 base money factor

2010 Toyota Prius IV
24-month | 15k miles | residual 74% | .00265 base money factor
36-month | 15k miles | residual 67% | .00265 base money factor
48-month | 15k miles | residual 59% | .00265 base money factor
60-month | 15k miles | residual 50% | .00265 base money factor

2010 Toyota Prius V
24-month | 15k miles | residual 74% | .00265 base money factor
36-month | 15k miles | residual 67% | .00265 base money factor
48-month | 15k miles | residual 59% | .00265 base money factor
60-month | 15k miles | residual 50% | .00265 base money factor

2010 Toyota Prius Lease Rates – June 2009

logo_toyotaUPDATE Here are the rest of the 2010 Prius lease rates. The residuals are just insanely high. Imagine a car that holds 50% of it’s value over a 5 year period! I guess we’ll see if that’s the true resale value of the Prius in the next few years.

My Take: Toyota is not exactly offering a “deal” on these Priuses due to the high demand. Despite the crap economy, Toyota is still pumping out the better hybrid that people want (sorry Honda). In any case, gas prices are going up (I filled up at $3.19 per gallon last friday and it cost me $55 bucks to fill the tank, damn), which reminds us that we could hit $5.00 gas once again. However, overpaying for a hybrid is not really a great idea.

2010 Toyota Prius

2010 Toyota Prius II
24-month | 15k miles | residual 74% | .00255 base money factor
36-month | 15k miles | residual 67% | .00255 base money factor
48-month | 15k miles | residual 59% | .00255 base money factor
60-month | 15k miles | residual 50% | .00255 base money factor

2010 Toyota Prius III
24-month | 15k miles | residual 74% | .00255 base money factor
36-month | 15k miles | residual 67% | .00255 base money factor
48-month | 15k miles | residual 59% | .00255 base money factor
60-month | 15k miles | residual 50% | .00255 base money factor

2010 Toyota Prius IV
24-month | 15k miles | residual 74% | .00255 base money factor
36-month | 15k miles | residual 67% | .00255 base money factor
48-month | 15k miles | residual 59% | .00255 base money factor
60-month | 15k miles | residual 50% | .00255 base money factor

2010 Toyota Prius V
24-month | 15k miles | residual 74% | .00255 base money factor
36-month | 15k miles | residual 67% | .00255 base money factor
48-month | 15k miles | residual 59% | .00255 base money factor
60-month | 15k miles | residual 50% | .00255 base money factor

09 Toyota RAV4 Lease Rates – June 2009

logo_toyotaMy Take: This isn’t too bad of a lease right now. Just look at the residual values. The MF a bit high, but I think the residual value helps keep the monthly costs lower. You might be able to do some MSDs to further lower the MF (consult your dealer). In terms of styling, I prefer the Honda CRV a bit more, but the RAV4 isn’t half bad since the lease rates seem to be better on the RAV (than CRV) in most months.

2009 Toyota RAV4

2009 Toyota RAV4 AWD
24-month | 15k miles | residual 68% | .00183 base money factor
36-month | 15k miles | residual 61% | .00183 base money factor
48-month | 15k miles | residual 52% | .00255 base money factor
60-month | 15k miles | residual 43% | .00255 base money factor

2009 Toyota RAV4 Sport AWD
24-month | 15k miles | residual 66% | .00183 base money factor
36-month | 15k miles | residual 59% | .00183 base money factor
48-month | 15k miles | residual 50% | .00255 base money factor
60-month | 15k miles | residual 41% | .00255 base money factor

2009 Toyota RAV4 Limited AWD
24-month | 15k miles | residual 66% | .00183 base money factor
36-month | 15k miles | residual 59% | .00183 base money factor
48-month | 15k miles | residual 50% | .00255 base money factor
60-month | 15k miles | residual 41% | .00255 base money factor

09 Toyota Venza Lease Rates – May 2009

logo_toyotaMy Take: Looks like Toyota isn’t exactly pushing to lease these things. I have to say though, the residual values are might high, so even with a .00255 mf, this lease may not be as bad as some may think. I would certainly would not call this a “deal” though.

2009 Toyota Venza

2009 Toyota Venza 2WD
24-month | 15k miles | residual 67% | .00255 base money factor
36-month | 15k miles | residual 60% | .00255 base money factor
48-month | 15k miles | residual 51% | .00255 base money factor
60-month | 15k miles | residual 42% | .00255 base money factor

2009 Toyota Venza V6 2WD
24-month | 15k miles | residual 67% | .00255 base money factor
36-month | 15k miles | residual 60% | .00255 base money factor
48-month | 15k miles | residual 51% | .00255 base money factor
60-month | 15k miles | residual 42% | .00255 base money factor

2009 Toyota Venza AWD
24-month | 15k miles | residual 68% | .00255 base money factor
36-month | 15k miles | residual 61% | .00255 base money factor
48-month | 15k miles | residual 52% | .00255 base money factor
60-month | 15k miles | residual 43% | .00255 base money factor

2009 Toyota Venza V6 AWD
24-month | 15k miles | residual 68% | .00255 base money factor
36-month | 15k miles | residual 61% | .00255 base money factor
48-month | 15k miles | residual 52% | .00255 base money factor
60-month | 15k miles | residual 43% | .00255 base money factor