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Canadian lease rates

Old Nov 11, 2004 | 07:12 PM
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For you folks in the GTA, Dixie ford just called me and said that the GT lease rates over 4 years is 9.9% with a 44% residual value. Whats up with those rates?? I think I'll hold off for a while and see if they come down. Has anyone else been given rates in the Toronto area?
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Old Nov 11, 2004 | 07:51 PM
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My dealership told me that they would do the lease directly through the dealer at 4.75%.
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Old Nov 11, 2004 | 07:53 PM
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I am curious as to the financing rates in Canada.
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Old Nov 11, 2004 | 07:56 PM
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I haven't heard anything about the finance rates but I bet they will be high.
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Old Nov 11, 2004 | 07:58 PM
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Originally posted by TCPIP@November 11, 2004, 8:15 PM
For you folks in the GTA, Dixie ford just called me and said that the GT lease rates over 4 years is 9.9% with a 44% residual value. Whats up with those rates?? I think I'll hold off for a while and see if they come down. Has anyone else been given rates in the Toronto area?
Yeeks 44% residual value? That won't make for cheap lease payments either. Not sure though what was the residual on last years model?
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Old Nov 11, 2004 | 08:21 PM
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Canadian Finance Rates:

36 months = 4.9%
48 months = 5.9%
60 months = 7.9%

What a bloody crock that is, but those are the posted rates I have found. :notnice:
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Old Nov 11, 2004 | 08:34 PM
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I called the dealer and they said that thei in house lease rate is now 5.25%. Still 44% resid value.
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Old Nov 11, 2004 | 08:35 PM
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Sorry, forgot to mention on a 48 month lease
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Old Nov 11, 2004 | 08:36 PM
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Jarto,

What dealership gave you that rate. Is it in the GTA?

Thanks
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