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Michaell ·

About

Username
Michaell
Location
Colorado
Joined
Visits
378
Last Active
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Moderator
Points
569
Badges
29
Posts
9,319

Activity

  • chiri1
    Hello Michael,

    I need help with a quote for the Q5

    I am getting quote of a Q5 Premium Plus
    MSRP'44,320
    Cap Cost 41,525.
    MF; 0.00123 (Seems high to me as I have great credit)
    Residual 57%
    Audi Care
    Audi Loyalty Program (1,000 Credit)
    36/10

    0$ Out of Pocket and 620/month

    Is this GOOD deal or should I push for lower Cap Cost?


    Thanks so much
    January 28
  • rictom
    Michaell: I haven't been to edmunds in years. Back now and having trouble navigating new forum. Here's what I'm trying to find. A discussion about toyota sienna awd vs. minivan fwd. I try searching specifically on that topic but I don't find much if any of a discussion. Maybe there isn't one. But can you tell me the best way to search for that topic AND make sure I'm starting with the most recent discussion? I've been tooling around the forums but I can't seem to find the best way to: Plus, seeing a topic and then seeing the number of pages: 1,2,.....infinity- does that mean there are that many pages for my specific topic (toyota sienna awd), or that many pages for the general topic (toyota sienna?)

    thanks
    January 18
  • Michaell earned the 250 Likes badge.
    You received 250 Likes. Looks like you're popular around these parts.
    January 2
  • lololol
    Here's the information:

    MSRP:$23,660
    Selling Price: I'm not sure
    Area: Los Angeles, CA
    Lease term: 3 years 12,000 miles/year

    Thanks!
    December 2014
  • wheatonr
    Thank you for the help. It was great to have your support.
    December 2014
  • weeeut
    I don't know how you do it but you are awesome! Thank you for all the information, you are truly valuable to the community.
    December 2014
  • dhami
    Hi michaell
    Trying to make deal for 2015 Audi Q7 premium plus. Msrp $59300. Sp $55000.
    want to lease 36m/10k. What should be the MF and RV. Planning to lease with just drives. How much monthly I shoud be expecting. Thanks
    December 2014
  • revras
    MIchigan, cap cost I am assuming is selling price , lets shoot for 44k.
    December 2014
  • revras
    state is Michigan , MSRP is 48,500$, would offer 44000 k, then apply incentives ideally
    December 2014
  • harrigme
    Hi Michaell, Where do you get these MF and Residual numbers? Also, is the MF number you are quoting the base that is offered from each of the manufacturers? I am just trying to understand so when I go into the dealership I know what I am talking about. Thank you.
    November 2014
    • Michaell
      Michaell
      The numbers are provided to us each month and are not public. The MF we quote are the base rates for top tier credit.
  • Michaell earned the 5 Answers badge.
    Your willingness to share knowledge has definitely been noticed.
    November 2014
  • cali_oil
    Hey Michaell,

    I have a question regarding another lease.

    2014 BMW 320i, 36 months, 10k miles.

    Cap cost-not sure but I will get it for you.

    MF= not sure
    Residual= not sure

    MSRP- $35,200

    They gave me the car for $265 including tax. $1500 Drive offs.

    Can you tell me the MF and Residual and if this sounds like a good deal.

    Thank You.
    November 2014
  • jay278
    Hey Michaell. I have received an offer from one dealer for 2015 Sonata sport that has MSRP of $24,430 and invoice price listed as $23,501 for $19,000 OTD including tax and everything. Should I take this deal? I wish it had come with the premium package, but I guess this deal itself is really good to me. I want to know how you think about this deal. I was initially looking for SE with the popular package, but since Sport comes with the popular package as a base, why not choose this one over. And also, what is the difference between the SE model and the sport model?
    Thanks in advance.

    Update: There was little bit of a catch in here as I thought APR for Hyundai was 0.9% nation wide and 0% for most of the dealers but this dealer is asking for 2.9% which is really high. He said that if I want to have 0% or 0.9%, then $1000 or $1500 rebate will be gone.
    So technically, with 0%, it is about $20,434 OTD and with 0.9%, it is $19,974. I still think it is a good deal however, it is not that gre
    November 2014
  • morgannour
    Hi Michael,

    Would you tell me the money factor/residual for 2014 Jeep Cherokee LIMITED, 4WD, V4, on 36/10 for the month of December, LA, California, on excellent credit.

    is there much difference with the 2015 money factor?

    THANK YOU
    November 2014
  • melissaflorida
    Hi, in a nutshell I am looking to lease (2) 528 series & (1) 428 convertible. What kind of deal should I be shooting for from a dealer when leasing 3 cars at once?

    Going to dealership tomorrow. I have a few estimates of $7550 off the 528's and only $3200 off the convertible.

    Thanks so much!
    Melissa
    November 2014
  • t
    I am in Nashville tn
    November 2014
  • t
    Hi Michaell,

    I'm looking to buy a 2015 4x4 jeep Cherokee latitude v6 Comfort / Convenience, SafetyTec and Cold Weather pkgs/ or Trailhawk with same options. Paying cash, no trade. What price should I pay?

    Thanks
    November 2014
  • maddoc2
    I would greatly appreciate your comments on this deal I have on the table.
    Need to give an answer by Monday

    ( I am in FL - 6% sales tax)

    2014 335i
    MRSP $ 57,700
    Sales Price $ 49,000
    Gross cap cost $ 50,303 ($49,000 + Acq cost $725 + Doc fee $578.40)

    # Option 1

    36/12k
    0.0013
    Residual 61%

    Residual $ 35,197
    Mthly Payment $ 567.92


    First Mthly payment $ 567.92
    Lic.,Insp.,Title, Reg. Fees $ 248.00

    Total Due at signing $ 905.13

    # Option 2

    36/15 k
    Residual 59% ($ 34,403)
    0.0013

    Mnthly $ 556.40 after 8 x MSD ($4200)

    Due at signing : $ 5093.61 ($4200 + $556.40 + $331.50 fees);
    Fees Due at signing : $331.50 = license - 248, Rental surcharge - 60, other fees - 23.50)
    Dispo fee : $ 350.00


    Based on your comments from previous posts I thought this was a good deal but wanted to make sure I am not missing anything in these complicated numbers..

    Manager is not willing to negotiate any further !
    November 2014
  • Michaell earned the 25 LOLs badge.
    You received 25 LOLs. You're posting some good content. Great!
    November 2014
  • ocean12
    Same here. need your help. I posted in the lexus rx 350 forum. Hopefully you be able to check it out at your earliest convenience. Thanks very much.
    October 2014
  • windycityguy
    Need your help. Just posted in the Jeep 2015 leasing forum. Not sure how often you are online but would appreciate you talking a look at my post.
    October 2014
  • ronzo28
    I can be reached through this forum or at ronzo28@yahoo.com

    Thanks very much.
    October 2014
  • ronzo28
    Thank you for the lease information. Would you please explain how the $1000 lease cash works? The dealer has not mentioned this promotion to me. Thanks again.
    October 2014
  • gator00si
    I'd like to see how the bigger Santa Fe stacks up if you don't mind:
    GLS FWD - 36mo/12kmi
    Limited FWD - 36mo/12kmi
    September 2014
  • pjmbrennan
    In response to the comments below, the negotiated price is still being discussed but if we assume it is 45,305.00, what are your thoughts?


    pjmbrennan said:


    I am new to the lease game. I want to lease a 2014 Buick Enclave, leather group, AWD. I need a 39mo/32.5k miles. It looks like the MSRP is around $47.5k. The quote I am getting from the local dealer are approximatley $1,500 down and $450/mo. what do you think? Thank you in advance for your guidance.

    Michaell:
    1.35% MF and 55% for 39mo/10K per year lease. $1500 lease cash.

    What is the negotiated selling price?
    September 2014
  • cms78
    How does this sound? 2014.5 Camry LE. 36 months/15k. MSRP $24,020. Sale price 22,492. 0.00001 MF. RV of 13.365. $263/month. The $263/month sounds high to me. Where do I have room to negotiate?
    I'm in Syracuse, NY (don't know if you need that)
    September 2014
  • trancelator

    Sorry, just want to make sure.

    .00001 MF for both the Sport and the Touring?

    August 2014
  • daw2014

    Hi! Thinking about leasing again a Grand Cherokee Limited 4x4 with sunroof and navi in NYC. Do you happen to know the current MF and residual value for a 2014 and a 2015 with 7500 and 10k per year with perfect credit? Also currently in a jeep lease with 3 payments to go and the dealer is offering us an out at $439 with taxes in + bank fee 595 + dmv $200. Is this good? I feel like we need to know all the numbers which they did not give us.

    August 2014
  • Michaell earned the 5000 Comments badge.
    Eat, sleep, comment. We like your style.
    August 2014
  • jessekac

    Hi, saw that you provided the last post about this so maybe you could help me out Looking to lease a 2014 Murano SL. 36 Months, 12K Miles. What is the residual value of this car and current lease factor w/top tier credit? Thanks! Jesse

    August 2014