You Can Choose a Vehicle Based on the Lease Payment You Desire at LeaseCompare.com
Consumers may be surprised at the vehicles that fall within their budget
CINCINNATI, Aug. 24 -- At LeaseCompare.com you can select a monthly payment range and instantly see a list of vehicles available for lease for that amount.
The "Compare by Payments" tool can be found on the http://www.leasecompare.com/ home page and is a new service offered by Automobile Consumer Services, Inc. (ACS), the leader in online, direct-to- consumer auto leasing.
A customer can also select one of these real time quotes and apply for credit. With credit approval, ACS secures the vehicle for the selected payment, prepares the paperwork and arranges for delivery.
In addition to being a useful calculator, many people who use the "Compare Payments" tool are surprised to learn that certain vehicles can be affordable when leased. Leasing takes into account the vehicle's Residual Value (projected market value at the end of the lease). Vehicles with a higher residual value tend to provide a lower monthly lease payment.
For example, here is a list of ten 2004 model sedans that can be leased with a payment in the range of $400-500 per month for 48 months:
Monthly Purchase End of Payment Price* Lease Value Vehicle $429 $31,155 $15,802 Lexus ES 330 $431 $28,347 $12,342 Volkswagen Passat GLX $432 $32,215 $16,920 Infiniti G35 $439 $29,972 $13,846 Nissan Maxima 3.5 SL $442 $26,403 $9,403 Pontiac Grand Prix GTP $455 $31,829 $15,270 Acura 3.2 TL $461 $24,522 $6,113 Ford Taurus SEL $469 $30,785 $13,238 Chrysler 300 Limited $485 $34,356 $16,718 BMW 325i $494 $33,773 $15,545 Mercedes Benz C230 *Note: Purchase price is based on Edmunds.com True Market Values for a typically equipped vehicle and does not include applicable rebates or local sales tax.
Tarry Shebesta, president of ACS, explains, "Even though the Lexus ES 330 has a purchase price that is almost $7,000 more than the Taurus, the monthly payment is $32 less. The Nissan Maxima sells for $3500 more than a Pontiac Grand Prix but the payments are within a few dollars of each other."
By changing the payment range, term, credit score, miles per year and down payment, a new list of vehicles instantly becomes available at LeaseCompare.com. This tool saves the consumer a great deal of time shopping and is perfect for those on a monthly budget.
About Automobile Consumer Services, Inc. ( http://www.acscorp.com/ )
Automobile Consumer Services, Inc. (ACS) is a leading provider of consumer automotive services, including car buying and leasing, vehicle remarketing, and used vehicle sales.
Founded in 1989, ACS's mission is to provide services that enhance the experience of buying or leasing a car. ACS achieves this with innovative proprietary technology, superior customer service, and years of industry experience.
Edmunds.com True Market Value(R) is a registered trademark of Edmunds.com, Inc.