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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
A few dealers in the VA/DC/MD area were advertising 2016 GTIs with hefty discounts. For example, an Autobahn model with $35K MSRP for $29K, etc..
Shot the dealer an email, telling them I was interested, my state of residence, and verified that I was eligible for the $1500 conquest cash (which, I assumed was already calculated into that $6K discount).
So, did the math.. Added a generous $1500 to the CAP for acq.fee, dealer fee and title/registration. (should be around $1000, at most).
$36K MSRP
$29K sale price
$30,500 CAP cost
.00125 MF
60% residual for 36/12.
$329/mo.+ 6% tax = $349/mo. with just 1st payment due at signing.
The dealer's quote: $426/mo.
I should have known..
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It's always something. I don't have a trade, but then again, I also can't walk in there and hammer out a deal in person, being 8 hours away.
Every once in awhile, you get a straight shooter via email contact, and you can get a deal done. I actually did a lease deal with the BMW dealer in Silver Spring, back in 2011. Flew into Baltimore around Noon, and drove out of the dealership at 3 PM, with everything complete.
But, that's a big commitment and a long way to go, without knowing the deal is in place.
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What is February's MF & Residual for 10K/36mo and 12K/36mo lease?
Currently looking at 2016 VW Golf GTI SE.
What is February's MF & Residual on a 2016 GTI Base S 4 door (6spd manual) with Lighting Package. (MSRP $27,410.00) 36/12K & 36/10K. I am located in New York State. Also, any incentives/dealer cash on this car this month? Finally, is there conquest cash? Thanks in advance
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$1500 conquest cash.
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$27,935.00 MSRP
$26,899.00 Price
.00125 Rate
.60 Residual
$1,500.00 lease conquest rebate eligible.
$785.00 cash upfront which includes first month, all taxes, dealer fees and $130 down.
Payment is $326.61 which includes 6% MI sales tax.
I'd appreciate feedback on if the numbers look correct and if it is a good deal.
If you are happy with the selling price, then all is good.
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Considering a 2016 GTI S 4 door (Manual Trans) with Lighting Package (MSRP ($27,410)
I am hearing discounts of $3K off sticker (or more) and if I add in the $1,500 conquest, Im potentially looking at $4,500 off MSRP)
Considering a net cap cost of $22,910 ($4,500 off MSRP) what can I expect in terms of a payment on a 36/12K lease in NY. Tax rate is 8.375% (In NY we dont pay all of the tax on the car, thank goodness). with a residual of 60% and a MF of .00125.
Trying to arm myself prior to going into the dealership and playing the negotiating game. What kind of payment can I expect. I'd like to roll the bank fee and taxes into the payment. I can pay the first month and registration fees. Who knows, maybe they're discounting the GTI more than $3K off (prior to the incentive)
appreciate your help and thanks again !
That's a big if, mind you.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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You may get $3000 under MSRP, but that would include the $1500 loyalty credit or other incentives that are available.
Not $3K before incentives.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
. A Volvo dealer told me that 2016 S60 has $1,850 lease cash + $1,250 cash rebate
.00125 MF and 60%/61% residual for all GTI trims.
$1500 conquest cash.
Noob question here, but I'm curious about the discrepancy between the MF and residual values presented in this feed and those on a sites like cars.com
For example:
.00125MF and 60% here
vs
.0029915 and 52% on cars.com
http://www.cars.com/go/alg/index.jsp?makename=Volkswagen&modelname=GTI&year=2016
Can anyone explain?
I'm looking specifically at 4dr Autobahn w/ PP and lighting package.
$1500 conquest cash.
Noob question here, but I'm curious about the discrepancy between the MF and residual values presented in this feed and those on a sites like cars.com
For example:
.00125MF and 60% here
vs
.0029915 and 52% on cars.com
http://www.cars.com/go/alg/index.jsp?makename=Volkswagen&modelname=GTI&year=2016
Can anyone explain?
I'm looking specifically at 4dr Autobahn w/ PP and lighting package.
We have the VW credit numbers. Other sites? No idea where their numbers come from.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$1500 conquest cash.
Noob question here, but I'm curious about the discrepancy between the MF and residual values presented in this feed and those on a sites like cars.com
For example:
.00125MF and 60% here
vs
.0029915 and 52% on cars.com
http://www.cars.com/go/alg/index.jsp?makename=Volkswagen&modelname=GTI&year=2016
Can anyone explain?
I'm looking specifically at 4dr Autobahn w/ PP and lighting package.
.0029915 is a monthly finance rate.. equivalent to 3.59% APR. (multiply by 12, and see what I mean).
Nothing to do with leasing.
And, the residuals are probably out of the ALG guide for independent banks.. Again, irrelevant to the rates given by Volkswagen Credit.
In other words, it's useless information.
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Is it still 68% and .00125?
Any help would be appreciated. Love this forum/community!
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I'm planning to wait out the weekend rush and see if I can get him lower by the end of next week.
I get $362/mo.+tax, so that's pretty close.
I did some more digging, and it looks like .00175 is the 48 month MF. We don't get many requests for 48 month leases.
That's the car I've been looking at (with a stick). Saw a new one at the car wash, a couple of weeks ago. The guy had just bought it. Same configuration but with DSG. Obviously, he loved it.
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Dealer has found an SE w/ lighting and is giving me the following (haven't discussed mileage yet):
MSRP: 31960
Invoice: 30293
Residual: 58%
MF: .00125
Does this look appropriate thus far with what you guys have?
With those prices, the pre-tax payment is $388/mo
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP $31,960
Base Cap Cost $30,293
Additional Lease Costs
Dealer Acquisition Fee $750
Gross Capitalized Cost $31,043
Capitalized Cost Reductions
Down Payments $1,500
Net Capitalized Cost $29,543
Lease Terms and Taxes
Residual Value $15,980
Money Factor 0.00125
APR 3.0%
Term of Lease 36
Sales Tax 5.3%
Calculation of Lease Cost
Depreciation $13,563.00
Finance or Rent Charge $2,048.54
Sales Tax on Lease $819.61
Total of All Payments $16,431.14
Total Lease Payment $14,611.86
Sales Tax Due on Down Payment $78.75
Calculation of Monthly Lease Payment
Monthly Lease Payment $433.65
Sales Tax on Lease Payment $22.77
Total Monthly Lease Payment $456.42
58% of $31,960 is $18,536, which means the depreciation amount is $11,006, or about $306/mo. Rent charge is an additional $60/mo, for a total pre-tax payment of about $366/mo. 5.3% tax takes the payment to $385/mo.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP 31,015 for the 2015...since it is 2015 im hoping to get the price down to 26k and doing the lease off that number. Is this a reasonable price to pay? What should i expect to pay per month at this price. Sales tax is 7% here.
thanks
2015 - .00065 and 54%. $1000 lease cash.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks for taking your time to help us.
Does the following lease deal for a 2016 VW GTI S 2 door manual look legit from your end? math adds up. looking to better the deal a bit more though
msrp: 26135
invoice: 25315
sale price / initial cap cost: 24672
net cap cost: 25297
residual: 15681 (60%)
mf: .00135
acquisiton fee: 675 (part of net cap)
dealer fee: 821
rebates and incentives = 1000 (loyalty and presidents day)
base monthly: 322 (depreciation fee (267) + finance fee (55))
total monthly 345 (tax = 23)
initial payment 1391 = 1st month (345), dealer fee (821), licence tag registration (225)
dealer stated they would apply the 1000 rebates and incentives to the initial payment and pay off the 1st month. there would be no initial payment this way.
i would like to bring the monthly payment down by trying to negotiate the dealer fee. i feel like that fee is eating most of the rebates / incentives but they are offering to pay the first month. i am thinking dealer fee and sale price is where i should focus on negotiating. i appreciate your feedback
Yes, the selling price and extra fees are where you can shave the payment down.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What's residual for 36/12 vs 36/15?
Thanks.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4