PLEASE CHECK BACK IN MARCH FOR THE BEST LEASE DEALS IN CALIFORNIA
Long Live the King
The wonderful people at Porsche didn’t think there was enough hype (or mark up!) around the new Porsche GT2 RS. So they have gone ahead and completely destroyed the world record time on the Nürburgring Nordschleife. The new record time for the GT2 RS is 6:47.3. That’s like 10 seconds faster than a Porsche 918 Lap time of 6:57, and 5 seconds faster than the Lamborghini Huracán Performante.
It’s been less than 12 hours since the news broke of the World Record, and we are already being asked “How do I buy a GT2 RS?”. Well, since the car was announced, waiting lists have been filled with people who have no idea what they are going to pay for it. The GT2 RS starts at $293k but there will massive mark-ups which the automotive elite will happily pay. Most buyers don’t even know how much over window sticker they are going to pay until the cars get closer to delivery.
Over Window Sticker
We have heard some buyers are committing to paying $250,000, even some paying $300,000 over window sticker to get their hands on the new Ring King. Rumor has it, there is only going to be 1000 units made, but this has not been confirmed by Porsche. While it’s still a rumor that there will be only 1000 units, Porsche fanatics are not taking a chance in missing out. Especially the guys who want to be the first to get a 2018 Porsche GT2 RS.
Buying a Porsche GT2 RS – How to Get One
Although this will be one of the toughest cars to get in the market, we will be happy to assist in negotiating an allocation and the best deal possible on this new Porsche. If you are interested in leasing a Porsche in Los Angeles, feel free to contact us at 877-788-3460 or email us at Porsche@StudioMotors.com or click the link here and tell us which Porsche you want to lease. If you are committed to buying a 2018 Porsche GT2 RS, and are comfortable with paying over window sticker for this legendary vehicle, please feel free to let us know here.
The Lap Record Video
Lease Special Showdown: Civic Lease Vs Accord Lease
The Honda Civic and Honda Accord are some of the best leasing economy cars in the United States. This month, the Honda Accord Lease is insanely low! The Honda Accord is about $3000 more expensive of a car than the Honda Civic, but doe to very big discounts and a low money factor, the Honda Accord is leasing for $10 LESS per than a Honda Civic. This makes the Accord an incredible bang for your buck if you are looking to lease a mid-sized fuel efficient car. Check out the details below…
Round 1: The Battle of Residual Values
Honda Accord Residual Value: 56%
For the month of May, if you lease a Honda Accord for 36 months at 12,000 miles per year, the residual value is set at 56%. This means the vehicle retains 56% of its value after you’ve used it for 3 years and drove it 36,000 miles. The higher the residual value on the vehicle, the lower your lease payments.
Honda Civic Residual Value: 61%
The Civic gets a 5% higher residual value than the Accord, coming in at 61% for 36 months/12,000 miles per year. This means the Civic has a 5 point better resale value than the Accord, which is always a good thing. But residual value is only PART of the equation.
The Civic is the clear winner when it comes to resale value, coming in at 5% HIGHER than the Accord. But that’s only half the story. Lets’ go to Round 2!
Round 2: Attack of the Money Factor
Honda Accord Money Factor: 0.00059 (1.416%)
The lower the money factor, the less you pay in interest, and the lower the monthly payment on your Honda Lease. The Accord gets a 0.00059 money factor this month which is very low and helps make up the difference in residual value. If we convert this money factor to a interest rate, it’s only 1.416%! Not bad at all.
Honda Civic money Factor: 0.0008 (1.92%)
The Civic get a higher money factory for May, coming in at 0.0008 which is roughly a 1.92% interest rate. That’s about half a percent higher than the Civics 1.4165.
So the Accord takes the cake this round with a lower money factor than the Civic, closing in the gap. Check out Round 3 for the conclusion.
ROUND 3: The Discount Duel
Honda Accord Discount: $5,748
The Accord lease deal gets some REALLY BIG rebates and discounts this month. The rebate is only $500, but we have successfully negotiated another $5,248 off the MSRP of an LX model for the month of May. For example, we had an Accord LX model with an MSRP of $23,990 and were able to get the vehicle down to $18,742 PLUS the $500 rebate, giving us about a $5,248 discount on a brand new Accord LX!
Honda Civic Discount: $2,393
The Honda Civic Lease Deal does not have any rebates for the month of May, but it does get roughly a $2,393 discount from off the MSRP. For example, we had a 2017 Civic LX with an MSRP of $20,275 and were able to lease the Civic for $17882. A substantial discount for a brand new $20k car!
FINAL ROUND: THE PAYMENT VERDICT!
Honda Accord Lease Payment: $179*
Honda Civic Lease Payment: $189*
And there it is! Although the Honda Accord is roughly $3000 more expensive than the Civic, is a mid-sized car instead of a compact, and has more standard equipment, the lease payment comes down to $10 LESS per month than the Honda Civic. How is this possible? Based on the residual value, money factor, and the amount of discounts and incentives the vehicle receives, there are times where some cars make for an astonishing lease deal. The Honda Accord Lease deal for May 2017 happens to be one of those times where everything comes together perfectly to make for a very low lease payment.
AND THE WINNER OF THE ACCORD LEASE VS CIVIC LEASE IS THE 2017 HONDA ACCORD!
|HONDA CIVIC LX||HONDA ACCORD LX|
For more information on a new Honda Accord Lease Special or new Civic Lease Special, fill out the form below or call us at 877-788-3460
*DISCLOSURE: All pricing is subject to change without notice. All pricing is based on credit approval and not everyone with qualify for all rebates, incentives, promotions, sales, or discounts. All offers, incentives, special promotions, and availability is subject to change without notice even though they are valid at the time of the listing. Call for most recent offers and programs. All rates, residuals, offers, and programs may change without notice due predicating adjustments to monthly programs by our participating dealers, manufacturers, affiliated, and none affiliated lending institutions. All advertisements do not include tax, license, registration, title. MSRP’s, discounts, selling prices, down payments, and monthly payments are subject to change without notice and are listed as examples only. Vehicle photos do not reflect the actual vehicle advertised, they are used as a reference to the make and model but may not reflect the different trim levels. We are not responsible for typos.
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The S-Class Sedan is Mercedes’ flagship automobile. It pushes the envelope ALMOST to the point of ripping it apart with every new generation. It does what it it’s meant to do so well, you can say it is the standard in Executive Luxury Sedans across the world.
Are you interested in buying or leasing a car in Santa Monica? Call Studio Motors Auto Brokers, the best auto leasing center in Los Angeles. Be confident that you will be offered the best and most professional service on the market. The team of highly knowledgeable auto consultants will help you get the exact car that you want. You are confused with the options that lay in front of you and can not decide which one would be the best choice for you? Ask as many questions as you have and get free consultation from the Studio Motors Auto Brokers.
This is a steal for anyone wanting a $0 Down SUV Lease in Los Angeles, CA. The Volkswagen (VW) Tiguan Compact SUV can be leased this month from Studio Motors for $249* per Month for 36 Months with no down payment! The four-door compact SUV is currently offered with a special lease promotion in which Volkswagen will make your first monthly payment for you. This reduces drive-off costs to a minimum, resulting in some of the lowest lease payments to date on the 2014 Tiguan.
Ladies and Gentleman, the show has begun! Welcome to The S Blog: The Official Blog of Studio Motors. All of us here are car guys & gals and love everything about the world of cars. Working in the automotive world, we are privileged to see, drive, and experience a whole lot of different cars, car shows, invite only events, and best of all, we get to deliver some of the coolest machines to their new owners. We do our best to share these special moments and occasions with everyone who is as passionate about cars as we are through our Facebook, Twitter, and Instagram accounts which most people love. This week, we are taking that to a whole new level!