July 2008 - CarLeasingSecrets

Archive for July, 2008

Car Lease Deal: LP640 Roadster

When it comes to a sleek look, comfort, and superior driving power, the brand-new Lamborghini Murcielago LP640 Roadster comes closer to perfection than any other car manufactured for the year 2008.

Retaining the standard features of functionality, sportiness, and purism of the Coupe, the Roadster has been given a more fierce look with the front and rear bumpers. However, there is something quite new with the Roadster’s rear: its tailpipe-integrated exhaust system. The car would be as visible as it is during daytime with the new rear lights that increase its distinguishing factors.

The Roadster’s body has an asymmetrical shape, giving it a more aerodynamic look. Its right air inlet is closed while the left is left open for ventilation of the oil cooler. The car’s wipers have been broadened and it has Hermera alloy wheels.

New display graphics are available for the instrument panel: a new 6.5-inch widescreen monitor Kenwood car radio and a reader for DVD, MP3, and WMA. Its navigation system is an option but standard for Japan units. It also comes with special equipment packages with an individualization program to personalized or individualized sports car.

Another mainstay for the Lamborghini Murciélago LP640 Roadster is the new 6.5 litre (6.496 cm3) 60° V-engine and 640 PS (471 kW) at 8,000 min-1. The Roadster is a 12-cylinder engine at 6,000 min-1 with a maximum torque of 661 Nm. This car adheres to valid European and North American emission standards.

The car has garnered a 6-gear transmission has been added to its requirements to address the higher demand as an offshoot of the higher torque and performance enhancements. Other additions would include the sturdier rear differentials and the half-rear axles.

E-gear transmission has been made an option too and was fully integrated with a new thrust mode. The electronics department has also received some revisions. With a closed loop control system, the control units became better in improved driving performance and the engine’s response characteristics. As for the control unit, the car has three master control units and one slave control unit.

So for those who run out of ideas on what car to use, never underestimate the power of Murciélago.

Sources:
https://www.topspeed.com
https://www.2spare.com

Before Buying Out That Leased Car

Time and again, it should be reiterated that research is an inseparable task from anything about owning a car, be that by purchasing or leasing.

Of course the primary thing to do in following the procedure is to check on the purchase option price of your leased car by reading the fine printed matter on your contract. This has been preset by your leasing company and usually comprises the residual value of your car with a purchase-option fee ranging from $300 to $500.

Your monthly payments are calculated by the difference between the car’s sticker price and its estimated value at the end of the lease, plus a monthly financing fee. The sum of which is what is termed as residual value.

Generally, this is the depreciation or loss in value of the car as you use it for the whole leasing period. Let’s take as an example, if you have $50,000 as the car’s brand-new price or what we call the sticker price and you have a 50% residual percentage, you will have an estimated $25,000 value at lease end.

After you derived knowledge of the buy-out price for your car, you need to know then how much is the actual value or what you call as market value of your car. To have this information, you go back to doing research for the price. To do this, you would have to resort to some sites like Edmonds.com and Cars. com to check on the price of the car with the same mileage and condition as your car.

This will enable you to come up with the actual retail value of your car. Then you would have to compare the residual value and the actual retail value of the car. If the residual value is lower than the actual retail value, then you can opt to buy out the car and sell it again. Though to be realistic about it, for most cars the buy-out price is higher than the actual retail price. In that case you would have to apply good negotiating skills, put forward a price that is below your actual target, and negotiate for the best deal that you can have.

Source: https://www.car-leasing-help.com

Change is rampant now in the car industry. In this day and age when fuel price has hampered development, the car industry has evolved to survive, so much so that marketers are seeing a plot for growth. For car dealers and car marketers, it would be best to ask the following questions:

  1. What influences market conditions for car rental, and why is the car industry not as affected by the airline industry in terms of international issues regarding oil?
  2. The magnitude of the oil industry’s issues on the car rental market as the root cause of the fluctuating price for auto manufacturing and travel industry.
  3. Sales patterns of business industries and entrepreneurs vis-à-vis their businesses.
  4. Brand identities of the leading companies
  5. New product introductions including hourly rentals and the proliferation of "green" car rental and lease options.
  6. Detailed analysis of TV and web commercials and advertising campaigns.

Car owners who would like to know the insides of the car rental and leasing game need to find the answers to these questions.

Source:https://www.researchandmarkets.com

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Athens, GA
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Albany, NY
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