Lease quote for nicely loaded 4.8i
 

Just fyi. Lease prices are much better than 4 months ago.
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Here's what I got my dealer in NJ (also 7% tax rate) for 36mo / 12k miles
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2007 4.8i

ZSP Sport Package
ZTP Technology Package
ZPP Premium Package
ZPS Premium Sound Package
322 Comfort Access
2LE 20" Y-Spoke Wheels
ZRC Rear Climate Package
ZCW Cold Weather Package
655 Sirius Satellite Radio
496 Heated Rear Seats
328 Running Boards

MSRP ~70,700

$995.00/mo taxes upfront ($2559.90) or $1070.00/mo taxes incl'd in pay't.
Both with std. lease inceptions - no cap cost reduction. (1st mo payment + title fees)

what is the money factor?
i ordered in early feb, at time it was 3.19 and they
promised me the lower money factor if avail on delivery.
wondering if theyve finally dropped it..

How are you calculating taxes upfront? 7% x payment x 36 months?

I'm picking mine up sat and the dealer told me the MF is now 2.25 (0.0025).

MF and taxes...
 

Money Factor is simply another way of calling interest rate..

Take your interest rate and devide by 2400.. you'll get your MF..

so a MF of .0025 means an interest rate of 6%.
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In terms of taxes, it varies between states, but in NJ you only pay tax on the money you're borrowing from the bank (CAR VALUE minus RESIDUAL VALUE in X months of the lease).. i know certain states will chage your tax on the whole value of the vehicle which sux! :)

i dont mean 'what is a money factor' as in 'what does a yellow light mean?' :)

i mean what is THE money factor on your particular deal? i was quoted 3.19 looking for a drop by delivery time later this month..

i'll be ready in october for a 4.8 sport w/ 20's... the lease rates should be rather aggressive by then (running advertised rates, etc)... :D

i'm hoping for around the $800 mark.

The current MF on 4.8 is .0021.

i have only seen 2 on the road around here since its introduction...

pretty sad considering pricy cars in the suburbs around here are a dime a dozen.

maybe the X isn't selling as well as expected. :dunno: