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Need Leasing Advice

Joined
19 November 2001
Messages
46
Location
Tampa, Florida USA
I'm trying to purchase an NSX from a company that doesn't offer leasing. Can anyone direct me to the BEST source for leasing. Looking for companies that offer the most attractive terms and best company to work with. The NSX in question is a 2001. Thank so much in advance for your help.
 
Originally posted by SUPO:
I'm trying to purchase an NSX from a company that doesn't offer leasing.

Try Putnam Leasing. I've never dealt with them but they have a good rep in Ferrari circles.


------------------
Andrew Henderson
The NSX Model List Page

"We have long acknowledged that enthusiasm for things automotive is a sure
sign of emotional instability if not outright dementia"
- Brock Yates
 
I think you are better off leasing a brand new one because Honda(AHFC) always has the lowest money factor (interest rate) and the highest residual.

When calculating a lease, this is what you need to know:

1. Selling Price
2. Money Factor
3. Term
4. Miles per year
5. Residual value

More often than not, it is best to lease new and buy used.


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91 Red/Ivory #2061
 
SUPO,
I just leased a 1999 NSX Zanardi Coupe from Clarence Foster @ 800-759-8880 ext#208. I have now leased 3 cars from Clarence because he is honest, knowledgable and has excellent follow-through. He also is a high-line leasing specialist who knows how to secure VERY reasonable finance rates and get the best "bang for your financing dollar" on cars like the NSX(money factor) from the banks he works with.

Let him know you're a friend of Shawn Seagroatt and I suggested he call you. DISCLAIMER: I have no financial interest in Clarence's business.
 
Originally posted by sseagroatt:
SUPO,
I just leased a 1999 NSX Zanardi Coupe from Clarence Foster @ 800-759-8880 ext#208. I have now leased 3 cars from Clarence because he is honest, knowledgable and has excellent follow-through.

Does this particular Clarence advertise in Dupont Registry's Auto Magazine.
Pretty unique name, and I happened to work with someone named Clarence out of Dupont on some figures. Decided not to lease used for obvious residual reasons, but he did have good follow through and financial information.

Instead of leasing, maybe look into a Balloon loan. This is how they do 8 year financing. You run 2 four year loans.
ex. buy an 97 or 98 NSX for $50k with a four year loan, where at the end of the term you still owe $30k. If you still have the car after 4 years, run the next four years so that at the end of the term you owe $0. From what I remember you could propably even set what you owe after 4 years to a higher amount ($40k or so) for an even lower payment (less paying on the principle, mostly interest.)

You probably wont have the car in four years, but IT WILL probably be worth $30k, so you can get out of it ok. This would keep you with a noticably lower payment and no penalties for breaking a lease.

BIGGEST DRAWBACK: Typically the interest rate is not nearly as competitive as a 5 year term. (probably 2.0% higher.)

Just throwing this out there....
 
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