kwh

I'm looking for money factor and residual (39 mos, 15k/yr) currently being quoted by AFS for the allroad. Any information will be appreciated.

Thanks,

Kennon Hines
'99.5 1.8Tqms

csg59

I don't know what the current money factor is or residual is this month, but I think you will find various money factors quoted from different dealers despite the fact that they are all AoA numbers.

When I was getting quotes in December, the only constant was the residual (59%) on a 36 month lease with 15K per year. All dealers quoted AoA money factors and, of the six quotes I received, I got the following: .00292, .00305, .00327, .00282, .00343 and .00329. So the interest rates ranged from a low of 6.77% to a high of 8.23% -- again, all money factors as quoted by AoA.

From what I can determine from the quotes I received, the dealers manipulated the money factor to justify the capitalized cost. For instance, one dealer quoted a 6% markup over invoice, but used the 6.77% money factor to try to make the monthly payment lower. But, the total cost of the lease compared to the lease I eventually signed was $800 more expensive. Bottom line, get the info from several dealers and compare the total cost of the deal. If the dealer can't get the profit that they want from the capitalized price (and you can identify if they are adding any unseen costs into the lease and call them on it) they will make up the difference by quoting a higher "AoA" money factor.

Chris Gossard
'01 silver allroad