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04-16-2012, 07:51 PM
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#51 | | Rs has made me the woman i am today!
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Originally Posted by Manic!  I have my brother. He says no to leasing. | What is his reasoning?
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Originally Posted by LSF22 Every time I'm there I usually see Jgresch's name under "Best Lap Times" | | 
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04-16-2012, 08:09 PM
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#52 | | I STILL don't get it
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Originally Posted by Jgresch What is his reasoning? | Very clearly nothing based on mathematical calculations.
Or consideration of the opportunity of using the cash you save from not putting it all into your car at once to make more cash.
There are so many benefits to financing/leasing/cash; depending on rates, residuals, cost of the car, etc. Can't believe how thick some people in this thread are.
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04-18-2012, 09:23 PM
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#53 | | I contribute to threads in the offtopic forum
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Originally Posted by Ferra ...
No, residual value is set by the manufacturer, dealers have ZERO control over residual values.
... | Can anyone confirm that the all dealerships will lease their cars with the same residual value? Of course assuming that we're talking about identical cars, but different dealerships.
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04-18-2012, 09:56 PM
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#54 | | Welcome to Planet Power ///M
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^
i'm 99% sure that lease/finance rates and residuals are solely determined by the manufacturer.
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04-18-2012, 10:38 PM
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#55 | | Rs has made me the woman i am today!
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Nopppeeee. don't you think it would be a little unfair to determine the residuals themselves?
Finance rates are determined by the banks. If a manufacturer wants to offer promo rates they have to go through the bank to do it.
Residuals are determined by the leasing company/BB.
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Originally Posted by LSF22 Every time I'm there I usually see Jgresch's name under "Best Lap Times" | | |
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04-18-2012, 11:03 PM
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#56 | | Welcome to Planet Power ///M
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^
so for a company like BMW which has their own financial services department then it would really be up to the manufacturer, right? from what i remember they have their own bank which is a subsidiary of bank of america.
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04-19-2012, 08:57 AM
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#57 | | I *heart* Revscene.net very Muchie
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^I've always assumed BMW Finance was a separate entity from BMW AG, kind of like GMAC (finance arm) is independent from General Motors. I could be wrong..
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2013 Lexus IS350 F-Sport (Melbourne) | |
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04-19-2012, 11:40 AM
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#58 | | Where's my RS Christmas Lobster?!
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Originally Posted by Over9K lol whut.
Driving a car harder is better for the engine, why would you wanna baby a car you're gonna own?
Fuck you guys are weird.
Half of the people on this forum:  | He wants to raise his fail count. I shall thank him  | |
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04-19-2012, 12:20 PM
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#59 | | Rs has made me the man i am today!
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Originally Posted by Jgresch Finance rates are determined by the banks. If a manufacturer wants to offer promo rates they have to go through the bank to do it. | Some dealerships provide in-house financing as an alternative option to banks. Particularly useful for new immigrants or self-employed individuals who may not get financing approval from the bank.
In-house rates are typically above bank rates, however.
Kev
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04-19-2012, 01:14 PM
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#60 | | Banned (ABWS)
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Originally Posted by sebTeggy He wants to raise his fail count. I shall thank him | 
I'm actually giving out legit advice here guys, but it's your car, you can do what you want.
Ever wonder why cars that are driven by old people don't last very long when driven hard? Or that when an older person comes to a shop, most of the time the tech's will decoke the engine?  | |
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04-20-2012, 10:44 AM
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#61 | | Welcome to Planet Power ///M
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^
and to prevent that all you need to do is to floor it once every few days and change your oil when it's needed, not drive the shit out of it like it's a race car.
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04-20-2012, 11:16 AM
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#62 | | Rs has made me the woman i am today!
Join Date: Mar 2010 Location: PM
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Originally Posted by Roach Some dealerships provide in-house financing as an alternative option to banks. Particularly useful for new immigrants or self-employed individuals who may not get financing approval from the bank.
In-house rates are typically above bank rates, however.
Kev | Not sure if a dealership who offers in house financing would allow the manufact. to determine residuals.
And by In-house you are talking about entities such as Toyota Financial correct? Because most major dealerships offer "In House" financing, but they still go through the banks.
__________________ Quote:
Originally Posted by LSF22 Every time I'm there I usually see Jgresch's name under "Best Lap Times" | | |
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