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Old Aug 14, 2006 | 06:30 PM
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Default Leasecompare.com

Anyone use leasecompare.com ? Experiences good or bad ?

I got a quote from them today on an '06 coupe and the money factor was much better than the dealer's quote.
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Old Aug 14, 2006 | 07:17 PM
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Originally Posted by motninorc
Anyone use leasecompare.com ? Experiences good or bad ?

I got a quote from them today on an '06 coupe and the money factor was much better than the dealer's quote.
What was the money factor and residual?
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Old Aug 14, 2006 | 08:49 PM
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money factor was .00241

residual was 51% for 39 mos.
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Old Aug 14, 2006 | 09:44 PM
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Compare the lease deals below and you will see how each differ in what they charge. I found out that GMAC was a better deal even at a higher interest rate.....below is an example of a 36 mos lease:

Leasecompare
lower interest rate-varies
lower residual value (53%)
doc fee required ($99)
turn in fee required ($395)
higher bank acquisition fee ($795)
gap included

GMAC
higher interest rate-varies
higher residual value (55%)
no doc fee (waived)
no turn in fee (waived)
lower bank acquisition fee ($495)

gap included
take advantage of the lease pull ahead program in 2 1/2 years (GMAC)
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Old Aug 14, 2006 | 10:17 PM
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lease compare SUCK big time i had an awful experience with them, go with someone else

shaan
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Old Aug 14, 2006 | 11:00 PM
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what is lease pull ahead?
I ain't no financial genius, you see.
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Old Aug 14, 2006 | 11:05 PM
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Originally Posted by rdm1465
what is lease pull ahead?
I ain't no financial genius, you see.
GM will advertise to those who lease through GMAC that they can turn in their car with 6 months remaining on their lease at no charge as long as you purchase a new GM car. I utilized this deal on my 2003 C5.
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Old Aug 14, 2006 | 11:24 PM
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thanks for the uhhh mmmm whatcha macallit . I knew about the 6 month early return policy, just didn't know it had a name. oh yeah.... responce and clarifying that's what I wanted to say at the beginning.
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Old Aug 15, 2006 | 10:55 AM
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Originally Posted by shaan
lease compare SUCK big time i had an awful experience with them, go with someone else

shaan
For every bad there is a good experience. I used them without issue. Their follow up was awesome by both email and phone.
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Old Aug 15, 2006 | 04:23 PM
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I bought (leased) my car in March 06 and used Leasecompare to determine a competitive deal. But when I quoted the best Leasecompare rate to my dealer, they (Les Stanford) provided a better deal from US Bank with a better money factor and the same residual.

If you have a very good credit rating, the dealer can shop for a good deal if they want your financing business.
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