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Comments
that sounds about right ... $58 from $374 is $316
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is the breakdown of the $2000 up front cash, if it doesn't include the first month's payment?
The low residual and (relatively) high MF, when compared to other trim levels, are hurting your payment
*** Sales and Use taxes were about $2,900 on the car; so I believe that the $2000 up front was to offset some of that. Total official fees came to $3,150.
Do you think that a monthly payment of $698 and the upfront cash of $2000 + first month's lease of $698 is a good deal or at least in the ball park of what I should pay for a new 2015 JGC Summit?
How many different dealers have you been working with? The competition should only help you.
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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
In San Diego, CA. Looking at 36 month, 15k mile lease.
One offer from dealer is at purchase price of $42,454.00
Money factor: 0.00059
Residual: 53%
Residual value: $24,923.25
Customer cash down: $2,500
Monthly lease: $513.86 + tax
or,
Min. Drive-off fee: $1,000.98
Monthly lease: $554.38 + tax
Two questions - I told him I wouldn't put anything down and they are telling me there is a Minimum Drive off fee, is this accurate?
This purchase price seems high to me, what do you think of the deal?
Thank you!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Either way, the MF is marked up on you. 4x2 MF is .00017, 4x4 is .00012.
I've not been in the market for a full sized SUV, so I can't comment on the selling price.
What is the breakdown of the $2500 due at signing?
Usually, the first payment, acquisition fee ($595) and any dealer/tags/license fee are due at signing.
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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
Cap Cost: 37269
RV: 52%
MF is Unknown at this time
39 Month term
1000 Down + First Month
Monthly Payments : $670* Pre-Tax
*I am trading in 2 leased vehicles with Negative Equity but they agreed to buyout both of them ( 20k Each) -- wanted to know how this affects the price.
How much negative equity are we talking about? Every $1000 you put into the cap cost will increase your payment by about $28/mo on a 36 month lease.
One last question ... do you know if this dealer is using Chrysler Financial as the bank? If not, we don't have any numbers for Ally or US Bank.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'll find out about the $2500 due at signing.
12k Miles Per Year
not sure which bank he is using but i just asked him.
In terms of the negative equity, i have 2 honda accords with 9k left on each in terms of payments left on the leases and they buyout for each is above 20k
Thanks for the quick responce btw.
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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
*** Thanks for the feedback, but unfortunately it is hard to compare a Limited to the Summit. The limited starts at around $13,000 less than the Summit and really has none of the features of the Summit. My Summit had a MSRP of $55,000. Actually the Summit lease is a little more than my previous lease which was for a Mercedes SUV. The Jeep has more bells and whistles than the Mercedes and drives a lot better than the Mercedes. I've purchased a lot of luxury cars in the past (purchased and leased and some of them were as much as $1100 payment a month -- when I purchased and didn't lease). Would be better to have someone who actually got a Summit to compare my lease amt than one of the other Jeeps. Thanks though.
Limited: .00017 MF and 56% residual
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.00017 MF and 51% residual
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2015 Jeep GC Altitude 23z
R.I.
Cap Cost - $36,605 / $1,000 rebate for having a lease
12k miles per year 36 months
residual value 57% $22,293
money factor .0006
No acq. fee
$339 mo incudes tax ,
$4,734 due at signing
Thanks for your help !
AJ
What is the breakdown of the $4700 due at signing? If any of it is for cap cost reduction, we don't recommend that. If the car is stolen or totaled, you are out that money.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
So I can push back on the .0006 ?
We do not recommend using trade equity or cash as a down payment. If the car is stolen or totaled you lose that money.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Limited 4x2
MSRP $41,825
Ally and Chrysler leases are different; Ally uses an APR with more rebates and different residual figures.
Chrysler uses a money factor with little or no rebates and lower residual values.
Chrysler numbers are as follows:
Rebates $0
MF .00017
Residual 55% for 12K miles
Bank fee $595
Payment $439+tax
If I strip the Ally deal clean of $0 profit:
Rebate $3000
APR 6.0%
Residual 62% for 12K miles
Bank fee $495
payment $449+tax
There is no maintenance program and no profit; the dealership is losing $1436.20 to make this deal. Let me know how you would like to proceed.
What do you guys think?
2015 Grand Cherokee Limited (added 20" wheels) 4X2
MSRP $40,125
Sale price $34,755
MF .0015375
RV 45%
TTL $2522
Acquisition Fee $895
48 month lease/12,000 miles
No cash down and no money due at signing.
Texas
I was quoted $510/month. Thoughts? Is the RV low?
Thanks!
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Looks scary.. who is the leasing bank?
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Ah.. Texas. Well, you have to pay tax on the full selling price of the car, so that makes for a hefty lease payment..
I just don't like being tied into a lease for that long... but, if paying full tax, at least you can amortize the tax over more months.
I wonder why they don't use Chrysler Capital?
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We do not recommend using trade equity or cash as a down payment. If the car is stolen or totaled you lose that money.
great thanks for the info !!
2014 4x4 MF and % for 36/15m:
Altitude
Limited
Overland
Thanks great info here!
.00017 MF and 53% residual
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Altitude: .00018 MF and 55% residual
Limited: .00012 MF and 54% residual
Overland: .00017 MF and 53% residual
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Yes... that is correct
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You think I can have any luck? Anyone know any good dealerships around here that could throw me that type of deal?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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