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Is there a difference in 36/10 MF and residuals between '15 C300 Base vs C300 Luxury vs C300 Sport in California.
Thanks
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Find out what fees and taxes have been added in.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Standard MF (.00180-.00220) for C400
36/10 residuals are 62% for C300 or 60% for C400
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
(needs to be shipped from different dealer to KY)
C300W4 $40,400 LUXURY Package
792 Palladium Silver $720
101 Black MB-Tex
H07 Linden Wood
P01 P01 Premium Package: SiriusXM® Radio w/ $2,120
08R 17-Inch multi-Spoke Alloy Wheels $500
167 LUXURY PACKAGE:LUXURY STYLING Merc $325
234 Blind Spot Assist $550
320 320 Multimedia Package: High-Resolution $2,690
413 Panorama Sunroof $1,480
5P8 Control code -scheduling & Production i
632 LED Headlamps
873 Heated Front Seats $580
SUBTOTAL $49,365
DESTINATION & DELIVERY $925
TOTAL $50,115
He is saying he can get me $5000 of MSRP,(needs to be shipped from different dealer to KY)
with Money Factor 0.00139
Residual 10k miles 36 months 62%..... with 6% state tax KY
MONTHLY PAYMENT OF $589 with 0 down
cap cost is $50115.should'nt it be $45115?
RV 63%
MF .00108 with autopay
MSRP $48225
Cap Cost reduction by dealer $7000
trade in negative equity $1182.70
doc fee $599.50
title and license $121.50
Navigation add on $600.00
Downpayment of $795.00
Payment total of $469.00 plus tax
I have an e class now and can just wait 2 months to eliminate the negative equity but by that time with only 2016 inventory I am scared I wont have as much wiggle room on the car and still end up with a worse payment.
How long is the bumper to bumper warranty? I'm likely to put on 18000 a year (but I have a second car; I can drive the other one if I don't want to put too much mileage on it), so I want to stay covered by the warranty during my lease term.
Also, will getting the 2016 model be a smarter financial decision? Since it's newer, I suppose it will have higher residual than the 2015 model? But, on the other hand, the price is harder to negotiate?
Another question is about credit score. I don't have a high credit score. It's not that my credit is bad-- it's just it never occurred to me that building credit is important. So, I just recently applied my first credit card few months ago. But I've been paying the bill on time. Is it possible for me to get someone with good credit score to co-sign the lease with me in order to get good MF?
Thanks!
The C300's MSRP with the options that I desire is about $50,000. I've done some online quotes (the certificate/guaranteed saving thing), the best discount I could find is about $5,000 off MSRP. So, I'll actually be thrilled to get $7,000 discount off MSRP, but the more the better. Could you fill me in with some good negotiation strategies? My plan is to just call all the dealers nearby and ask them to offer their best deal, and take the best deal to ask others to beat. Then repeat for couple times.
I'm actually also considering to buy cars in LA, and have them ship the car here if the price is much lower there. Do you recommend Simonson in Santa Monica and MB of Encino in Encino?
I'll start calling next week, and will be posting my deal here.
Can you please let me know if this is a good deal or if i can do better:
2015 C300 Sport
MSRP: $50,180
Cap Cost: $42,322.17
36/10
MF: 0.00138
Residual: 62% $31,111.60
Total Sales tax: $1,443.15
Base monthly price: $412.74
Total monthly payment with CA (Los Angeles) tax: $449.89
Total Drive off: $1,900 (not sure how this is broken down, but includes first months payment
Yes, the cap cost should start at $45,115 if he is offering you a $5000 discount .. but, there may be other fees being added in (bank fee, dealer fee, etc.). Ask them for the net cap cost.
Using the discounted cap cost and the base MF, I get a payment of $510/mo with 6% tax added in.
Seems to be room to negotiate.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I would wait the two months until your current lease is up - $1200 works out to about $33/mo extra on your new lease payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
24/15 residual is 65%.
Extra miles are charged up front at a rate of .10-.25 per mile.
Your thoughts about the 2016 are correct - the 36/15 residual is 60% but the MF is .00152, so it's a bit of a wash. You'll get a better deal on a 2015 at the moment.
Yes, a co-signer will help you get the best MF. You should pull your credit score so you know where you stand before going to the dealer.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But, will the dealer be willing to give you such a big discount from sticker if you ask for the base MF?
Drive off includes state fees and the MB Bank fee as well as the first payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks!
Actually because of the info from this forum, found a dealer 30 miles away from me, but beat that deal:
MSRP $50,085
$1500 down (includes registration, first month payment, etc)
36 months
10k miles a year
$436.36
This beat my previous deal by $400 off the Drive off and about $13.53 from the monthly payment
If you put all these numbers into a lease calculator, the payment is exactly what you get.
Thats so much car for this payment....
Is anyone is interested maybe we can get a couple from them and all get even better deals. Let me know if anyone is interested
Spec out a car you want and let me ask them about a deal if we both get one...
My fear was getting a worse more expensive deal later if they didn't have as high a discount in the future.
My fear was getting a worse more expensive deal later if they didn't have as high a discount in the future.
Your original post said 2015; this post says 2016. Which is it?
The downside to waiting is that there may not be as many 2015's on the lot in 2 months. Deals should be just as good then as now; selection may not be as great.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/7500
MSRP: 49400
Selling price: 42711
MF: .00108
Residual: 63%
Also, what's the cost of the two year pre-paid maintenance plan?
Thank you!
Don't have cost info on the service plan.
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They are of course saying they won't be able to knock 7k off a 2016 in November and the residual and money factors on the 2016 aren't as good so I would pay more for the same car. They would say that of course to sell a car now versus risk me not coming back 2 months from now.
They are of course saying they won't be able to knock 7k off a 2016 in November and the residual and money factors on the 2016 aren't as good so I would pay more for the same car. They would say that of course to sell a car now versus risk me not coming back 2 months from now.
Dealer is correct, to a point. Nobody knows what the lease numbers will look like in November - could be better, could be worse. And, it may be too early in the year to know what kind of discounts would be available then.
But - if you like the 2015 and are comfortable with the deal, go for it. As noted, supply is limited and somebody is going to buy or lease those 8 cars.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: 49,400
Selling px: 41,609
MF: 0.00108
Residual: 62%
Drive off: $1k (includes 1st month payment and fees)
$460/month with tax (CA tax) and 2 year service plan (base price on that is $795)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: 50,505
Selling price: $42,080
Term 36/10k
Acq 795$
Base MF and 62% residual
Drive-off: 925$
$381.92 + tx
I think I can try and get an extra $500-600 off to shave some more from the payment.
What do you guys think?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you you for all your help double checking all the numbers for me.
But, it's not my money ...
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What would be a good strategy to approach them now to ask for more off?
I haven't signed anything yet.
What would be a good strategy to approach them now to ask for more off?
I haven't signed anything yet.
tell them another dealer offered you better discount off MSRP
Thanks much
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP = $43,175
Selling price = $37,386
36/10k
$795 acq. Fee
Pmt incl. 8.625% tax
Just 1st mo. And dmv fees out of pocket
Thanks in advance for your help!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If I add the acq fee to the selling price, the payment works out to $428.31/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Both dealers are pushing an acquisition fee of $1,095 vs. MBF fee of $795. The additional fees are doc $168 doc fee, $101 plates, $95 for title, and $25 for electronic filing. There are no other fees.
A few questions, when thinking about this should I roll the acquisition fee into the cap cost that way if the car gets totaled I don't lose that money?
Additionally, one dealer is trying to roll the sales tax into the net cap cost while keeping the use tax outside of the cap cost (I am in Chicago where there is a 9.5% sales tax and an additional 9% use tax), is this correct?
You can add the acquisition fee to the cap cost if you want.
I wasn't aware of two separate taxes for leases in Chicago .. I thought only the sales tax applied. There is, but it only applies to leases where the standard MF is being used, not a subvented one like you have.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
C300 4Matic ... 24 months/ 10k miles
Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Question, with the MSD. I just want to clarify that if the car is totaled I will get the MSDs back. If that is the case, I will push for a base MF.