Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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2014 Mazda3 Lease Questions
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Dealers are not allowed to adjust residuals, but they can use a different finance company for the lease that has different numbers from what we're quoting.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
because he claimed that it was for chase financing, also truecar calculates the same 60% residual through chase.
otherwise which finance bank did you get your numbers from?
also can you guys give some input about dealers selling price under invoice is it possible for leases too?
if so how can they profit? do they still get 2% holdback for lease?, is it usual for the dealer to back off the price for "finance" since suddenly theres no bonus from finance dept suddenly.
Thanks.
Holdback applies to lease deals as well.
There may be different incentives for purchase vs. lease that affect the price at which the dealer is willing to sell the car.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00078 MF and 56% residual.
Subtract 2% for manual transmission
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1. Mazda 3 Hatchback 2015 sGT MT or AT 10k/36m
2. Mazda 3 Hatchback 2015 iGT MT or AT 10k/36m
iGT - 58% and .00046. Subtract 1% for MT
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Also, are there any lease incentives?
Thanks in advance!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00013 MF and 60% residual. $360 lease cash.
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.00013 MF and 60% residual. $360 lease cash.
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36Months/ 15K/YR
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00013 MF and 53% residual
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.00040 MF and 51% residual
.00047 MF and 58% residual
$1700 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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s: .00013 MF and 54% residual
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36 months, 12k miles/year, Cleveland, OH, Tier 1 credit
MSRP: 20,315 (no extra options)
Residual: 61%
Money Factor: .00013
Negotiated the price of the car down to $19,445 (a little below invoice price of $19,731, and below TrueCar's guaranteed price in my area)
Used $200 lease cash and $500 Cleveland Auto Show incentive to take cap cost down to $18,745
Mazda has a $595 standard acquisition fee, and I added $400 in various title and doc fees to the cap cost (negotiated down from a ridiculous $700 at first)
Final cap cost comes out to $19,740
Calculating it all out, the monthly payment breaks out to:
$204.11 for depreciation
$4.18 for interest
$16.66 tax (8% sales tax where we live)
for a total monthly payment of $224.95 with absolutely 0 out of pocket.
Pretty pleased with the negotiation (handled it all over email and was in and out of the dealership in under 90 minutes). This forum has been extremely helpful for me in the past and wanted to share my experience in detail with others.
Thanks for your help!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Does the $239 quote include tax?
how much is due at signing?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige