Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
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I agree with part of what the dealer is saying ... residuals tend to be highest when a new model is released. However, the MF may be higher as well to help make money.
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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
"I can definitely help you with that information. The base money factor is .00172 and the residual for a 2016 Cooper S 4 Door is 62% with 12k miles."
Contact a few other dealers and inquire about the MF - see if you get the same answer from all of them.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
"Before the markup it should be .00132 but the discount/cash available is correct."
Markup was 0.00040
I confirmed available lease cash as well as advertised on MINI. $1000 customer cash and $600 dealer contribution for total of $1600 available.
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If you can find one with the options you want, jump on it. That's what my daughter did with both her MINI purchases.
Edmunds Price Checker
Edmunds Lease Calculator
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
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator