LEASE MONEY FACTOR FOR CPO'd VEHICLES

**Jay-V** · 06-14-2009, 12:54 PM

Is the money factor on leases for CPO'd cars the came as on new cars?

200Duece · 06-14-2009, 12:58 PM

No. Why are you leasing a CPO car?

**Jay-V** · 06-14-2009, 01:06 PM

Quote:

Originally Posted by 200Duece

No. Why are you leasing a CPO car?

Why not? I know I won't want the car in three years. And new M5's are still quite pricey.

200Duece · 06-14-2009, 01:11 PM

The payments will probably be the same as a new car lease. Would you pay 100 or 150 more a month for a new car that has full maintainence?

UdubBadger · 06-14-2009, 01:28 PM

leasing CPO's (unless you are getting amazing rates from an independent bank or leasing company) is going to be about the same as leasing a new one. I thought it would be cheaper since the residual % would be done on a less expensive car too but that isn't how they calculate it.

**Jay-V** · 06-14-2009, 01:38 PM

Quote:

Originally Posted by UdubBadger

leasing CPO's (unless you are getting amazing rates from an independent bank or leasing company) is going to be about the same as leasing a new one. I thought it would be cheaper since the residual % would be done on a less expensive car too but that isn't how they calculate it.

That is what I was thinking about the residual as well.

Thanks for the info

**Jay-V** · 06-14-2009, 01:40 PM

Quote:

Originally Posted by 200Duece

The payments will probably be the same as a new car lease. Would you pay 100 or 150 more a month for a new car that has full maintainence?

Absolutely would pay more for full maintenance

But the list price on the CPO'd car I was looking at is 40% less than the new car. Then I could by the extended maintenance package

06-14-2009, 12:54 PM	#1
Jay-V What it do, nephew? 42 Rep 419 Posts Drives: 2012 E350 Bluetec Join Date: Jul 2005 Location: Pasadena, CA iTrader: (0) Garage List 2005 Honda S2000 [0.00] 2011 Honda Pilot To ... [0.00] 2012 Mercedes-Benz ... [0.00]	LEASE MONEY FACTOR FOR CPO'd VEHICLES Is the money factor on leases for CPO'd cars the came as on new cars? __________________ Jay - The no fun fleet.... '15 Fiat 500e '14 MBZ E350 Sport '11 Honda Pilot Touring 4WD
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06-14-2009, 12:58 PM	#2
200Duece Colonel 45 Rep 2,575 Posts Drives: '73 2002,'18 X5 35d,'17 328d T Join Date: Jan 2007 Location: A Whale's Vagina, Ca iTrader: (5)	No. Why are you leasing a CPO car? __________________ 1988 E28 535is Euro Conversion --- sold 2009 E90 335 6MT --- sold 2003 E39 540iT Msport --- sold
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06-14-2009, 01:11 PM	#4
200Duece Colonel 45 Rep 2,575 Posts Drives: '73 2002,'18 X5 35d,'17 328d T Join Date: Jan 2007 Location: A Whale's Vagina, Ca iTrader: (5)	The payments will probably be the same as a new car lease. Would you pay 100 or 150 more a month for a new car that has full maintainence? __________________ 1988 E28 535is Euro Conversion --- sold 2009 E90 335 6MT --- sold 2003 E39 540iT Msport --- sold
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06-14-2009, 01:28 PM	#5
UdubBadger Banned 633 Rep 24,685 Posts Drives: '04 330i ZHP Join Date: Dec 2007 Location: Chicago Burbs iTrader: (22) Garage List 2004 BMW 330i ZHP [9.50] 2011 135i [7.46] 2008 328xi [8.76]	leasing CPO's (unless you are getting amazing rates from an independent bank or leasing company) is going to be about the same as leasing a new one. I thought it would be cheaper since the residual % would be done on a less expensive car too but that isn't how they calculate it.
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