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The MSRP quoted to me was $62925. Lets assume there is no discount on it.
MF is standard.
At the end of the day I care if I'm getting a good deal for NY/NJ/CT tristate area and whether there is room to bring it down significantly. $10/$15 wouldn't matter much I guess, but if I can get it close to $700/month then it can be significant savings.
Feedback?
Thanks in advance.
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And, I try not to dispense advice without knowing all the facts.
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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
Thank 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
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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
Please review and give feedback.
- Miles: 12k
- State: NJ
- MSRP: $62370.0
- Gross Cap Cost: $59283.13
- Adjusted Cap Cost: $58592.46
- Residual Value: $33056.10
- Depreciation: $25536.36
- Down Payment: $2500.0
- Monthly: $735.0
- Interest Paid for 36 months: $923.64
Includes Audi Care
Is this deal within the bounds of MF and Residual?
Is this a good deal? If not, how much more can it go below?
Thanks
ZeeKay
With your prices, I get $732/mo. Pretty close to your quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you please share your calculations of how you arrived at the MF and Residual calcs from the numbers I gave. I'd really appreciate it.
Thanks
ZeeKay
http://forums.edmunds.com/discussion/2105/general/x/how-do-i-calculate-monthly-lease-payments/p1
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How do you factor in sales tax after these calculations? Say for here I live, NJ?
Thanks again.
Zeekay
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Getting a quote for A6, premium plus, AWD,cold weather package, Bose speakers for MSRP $55145; quoted price is $49600. This is in Chicagoland area.
Firstly, is this a good deal.
Secondly, what would be the residual value and money factor for a 10K, 3 year lease.
Thirdly, is audicare worth it?
Thanks
We don't track selling prices.
AudiCare is definitely a good deal, as it raises the residual by 1%
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Thanks
Does this vary from state to state? For example in my case, if I shop in Chicago vs Milwaukee would the money factor be different?
Ty
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6% off sticker is a good price for an Audi, yes.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Audi A6, 2T, premium plus, Quattro, cold weather package, Bose speakers.
MSRP: 55145
Down payment towards cap reduction: 2728.00
+audicare (849)+ wear and tear (864) + acquisition fee (795)
Minus other rebates from dealer
No trade in from me.
Monthly payment 499 (sales tax extra)
Residual value: 30881
10k, 3 years
In essence I pay 499 x 36 plus 2728 plus 350 disposition fees
I am perplexed by all numbers and details. Bottom line, is it a good deal?
Have never leased before, any help and comments greatly appreciated.
Thanks
What is the negotiated selling price, before the down payment and incentives? Better yet, ask the dealer what the adjusted cap cost is - this is the selling prices plus any taxes and fees added in less the cap reduction.
We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.
What state and tax rate is this?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The adjusted cap cost is 49793.
Wisconsin, sales tax 5.1%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I am working out a deal on a 2016 A6 2.0 Quattro Premium in Texas
MSRP $52,970
Final Price $49,500
Negative Trade Balance $8,000
Audi Car $849
Taxes and Fees $600
TOTAL CAP COST $58,949
They quoted me .000147 MF
42 Month / 15K
36 Month / 15K
What is base MF and Residual for these options and what payment would you get with just first month down?
Do you know what credit score is needed for quoted MF?
36/15 - .00037 and 53%
42/15 - .00057 and 49%
Add 1% to those numbers for AudiCare
So, the MF is marked way up on you for starters.
We don't have the score cutoffs for Tiers B and C credit, just that the MF markup is .00040 for B and .00065 for C.
If we use your prices with the base MF, I get a payment of $890/mo for 36 months and $834/mo for 42 months without AudiCare, $875/mo for 36 months and $822/mo or 42 months with AudiCare.
Next, why are you trading in with such a large negative equity amount? That $8K alone is adding $222/mo to your 36 month payment or $190/mo to the 42 month term.
Can you wait until you aren't so buried?
Third, Texas is one of a handful of states that applies sales tax to the entire selling price of the car - so, 6.25% (I think) of $49,500, or almost $3100. That amount can be paid at lease signing or added into the cap cost - another $74-86 month, depending on lease term. Unless this is already reflected in the cap cost you've given us.
Audis are pretty expensive to lease (compared to MB or BMW), but the details you've shared with us make the payments a lot higher.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
With Trade in value of $39,500 I will be paying taxes only on difference between total cap and trade in value and yes it's 6.25%
MF looks weird on my side, I put .000147 but you think they quoted me .00147??
I will visit MB and BMW, I'll post more numbers on this deal tomorrow after I ask them to get me a better MF and after researching sales price. They gave me $49,500 that includes $2,500 rebate but now I think it should be about 5% off MSRP minus $2,500 in rebates, right?
With Trade in value of $39,500 I will be paying taxes only on difference between total cap and trade in value and yes it's 6.25%
MF looks weird on my side, I put .000147 but you think they quoted me .00147??
I will visit MB and BMW, I'll post more numbers on this deal tomorrow after I ask them to get me a better MF and after researching sales price. They gave me $49,500 that includes $2,500 rebate but now I think it should be about 5% off MSRP minus $2,500 in rebates, right?
Yes, 4-6% off sticker before any applicable incentives is a good target for Audi.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What are the numbers for the Prestige on a 24/10?
Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking for MF and residual for 2016 A6 Premium Plus 3.0t Quattro.
36 month/10k year
Thank you!!!!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
THANK YOU
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
42/10k
52% residual
.000107 MF
is this a good deal? Thanks in advance !
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks. I found a dealer that did .00057 and 52% (with Audi care).
Thanks. I found a dealer that did .00057 and 52% (with Audi care).
Perfect - care to share your deal details with us?
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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