I got this offer from a dealer. First the dealer is cutting me a check for 3150 to pay off my Mercedes lease which is at mileage now. So rather than invest in purchased mile or tires, giving back 5 months early. Qoute from dealer NJ (tax upfront) :On a 36 month lease with 12K miles per year and just inceptions out of pocket (1st Month and Fees) of $2550 you monthly would be $889
X5 Residual is 58% MSRP is $61,000 Selling price is $58,000
I got this offer from a dealer. First the dealer is cutting me a check for 3150 to pay off my Mercedes lease which is at mileage now. So rather than invest in purchased mile or tires, giving back 5 months early. Qoute from dealer NJ (tax upfront) :On a 36 month lease with 12K miles per year and just inceptions out of pocket (1st Month and Fees) of $2550 you monthly would be $889
X5 Residual is 58% MSRP is $61,000 Selling price is $58,000
Thanks,Dan
.00128 and 58% for 36/12. Using your MSRP and selling price, I get a payment of $747.86 before tax.
So ... either the MF is marked up, or the net cap cost is higher than the selling price. Gotta find out which - could be both.
If I were you, I'd also take the time to find out the payoff and trade value of the Mercedes ... them "paying off" the remaining payments may not be a good deal for you.
Thanks, Already looked, my payoff is garbage, 5, 000 above what its trade value. No one will touch it. The extra miles would cost me 2k, tires, brakes 1.5k, not worth it.
Is your calculation with the 3,150 the dealer is cutting me back. And how would the Net Cap cost be be higher. Thx
Thanks, Already looked, my payoff is garbage, 5, 000 above what its trade value. No one will touch it. The extra miles would cost me 2k, tires, brakes 1.5k, not worth it.
Is your calculation with the 3,150 the dealer is cutting me back. And how would the Net Cap cost be be higher. Thx
My calculation used the MSRP and selling price you provided. Net cap may be different if you're rolling in bank fee, dealer fee, etc.
MSRP 72,070 Sales Price 64,070 Cap Cost incl va tax 68,316 Residual at 36 months $41,801 36 month, 10K miles No money down MF .00195 (can do 7 msd for total of $6650 to get MF to .00146 and save $50 per month)
$925 after MF reduction v $976 without MF reduction
MSRP 72,070 Sales Price 64,070 Cap Cost incl va tax 68,316 Residual at 36 months $41,801 36 month, 10K miles No money down MF .00195 (can do 7 msd for total of $6650 to get MF to .00146 and save $50 per month)
$925 after MF reduction v $976 without MF reduction
MF is marked way up .. base this month is .00134 (.00085 after MSD).
Using the base rate of .00134, I get $884/mo. With MSD reduction, $830/mo.
Hello, I am looking for the MF and Residual for a 2015 BMW X5 xDrive 35d for a lease term of 36 months for both 10k and 12k miles a year. Also any additional incentives besides the $2k buildout and $1k grad discounts? Thanks in advance.
Hello, I am looking for the MF and Residual for a 2015 BMW X5 xDrive 35d for a lease term of 36 months for both 10k and 12k miles a year. Also any additional incentives besides the $2k buildout and $1k grad discounts? Thanks in advance.
.00138 and 52% / 51%.
I see no other incentives other than the $2K buildout.
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Qoute from dealer NJ (tax upfront)
:On a 36 month lease with 12K miles per year and just inceptions out of pocket (1st Month and Fees) of $2550 you monthly would be $889
X5 Residual is 58% MSRP is $61,000 Selling price is $58,000
Thanks,Dan
So ... either the MF is marked up, or the net cap cost is higher than the selling price. Gotta find out which - could be both.
If I were you, I'd also take the time to find out the payoff and trade value of the Mercedes ... them "paying off" the remaining payments may not be a good deal for you.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is your calculation with the 3,150 the dealer is cutting me back. And how would the Net Cap cost be be higher.
Thx
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thanks
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MSRP 72,070
Sales Price 64,070
Cap Cost incl va tax 68,316
Residual at 36 months $41,801
36 month, 10K miles
No money down
MF .00195 (can do 7 msd for total of $6650 to get MF to .00146 and save $50 per month)
$925 after MF reduction v $976 without MF reduction
Using the base rate of .00134, I get $884/mo. With MSD reduction, $830/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Reach out to multiple dealers ... only takes one to make a deal on your terms.
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Thanks in advance.
I see no other incentives other than the $2K buildout.
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