I mean this seriously, but somewhat humorously. I live in Ontario, Canada
Example:
After considerable research and test drives, I've narrowed my choice down to either the Honda Pilot or the Pacifica. Obviously two vastly different vehicles, but we'd be happy with either of them.
In all cases, I'm asking for a 48 month lease quote on $5000 down + fees & 20k km per year.
On an MSRP $41k to $43k (depends which model of PIlot I choose), I can expect to pay between $475 & $500 per month after tax.
On a Pacifica priced at around $45k, I get quotes of $675 or so. Having said that, I know that Chrysler is using much higher lease money rates. I have to question why?
Very interesting, because in general, and specific to the Pilot, Honda has a decent track record of quality, so you wouldn't expect them to be willing to deal. On the other hand, the Chrysler is a new vehicle, with no track record, and you'd expect that they'd be trying to sell it agressively - I haven't seen many on the road.
What gives? Why the huge difference?
Ant.