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Comments
Registration 304.50
Doc fees 389
Taxes we're about 1180
MF was def .00090
I don't have the net cap atm. other than that let me know if I missed anything
Whatever the selling price comes out to, deduct $389 to account for the "doc fee" since they have to charge it to everyone. Doc fees drive me nuts!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
(36 month, 10K per)
I would suggest that the adjusted CAP cost is not $49,000, but lower, as that's only $4275 under MSRP... Should be a substantial discount from MSRP before the money down and the rebate.
I also show the MF as .00090, rather than .00100..
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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
MSRP- $57,685
Selling Price - $50,925
DOC fee - $80.00
Acq Fee - $700.00
License Fee - $442.00
Lease Incetive -$2300.00
CAP reduction -$2000.00 (money down)
Net Cap Cost - $48620.32
Residual - 60%
Mileage -15,000/year
Money Factor - 0.00018 (MSD applied)
Months -36
Payment before tax - $404.13
Payment after tax - $442.52
Do these numbers look right? I calculated a lower payment for some reason.
Also, is the Fsport worth the extra 86.00 a month? I like the styling and interior and dont really care about the suspension or wheels that much. When I go to trade it in 2 years down the line, will it be better or worse that I have an Fsport.
Thanks
Read more: http://www.clublexus.com/forums/gs-fourth-generation/763344-2015-gs-350-f-sport-lease-18.html#ixzz3bM6q1hjh
Can't help you on the F-sport vs regular GS...
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
GX460 is 59% and .00155 MF
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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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Could you please provide me the May residual % for a 33 month, 7500 miles lease in NY. 2015 G350 AWD F sport. I am aware that the base MF is .00090 and there is a $2300 lease cash incentive available. Thank You in advance.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Florida Dealer
Msrp $56705
Residual 54 %
MF 0.0009
48 / 10
Payments: $471 sales tax included ($449 + sales tax)
$3270 down, which consists of 1st payment, cap reduction of $3050, sales tax of $302, $700 acquis costs, $699 dealer fee, 1st year of $347, and cash lease deal of $2300.
Is this a good deal ? I know the MF is ok, but what about the RV ? I mostly have a problem with that down payment
Thanks a lot !!
I, too, wouldn't put a cap reduction on a lease; if the car is stolen or totaled, you lose that money.
Each $1000 represents about $21/mo, or an extra $63/mo, or $510/mo+tax. Still a decent deal on a car that stickers for almost $57K.
What kind of discount are you getting from sticker?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Because of the $2300 lease cash, wouldn't I be paying just $750 ($3050-$2300) in cap cost reduction ? Or is that one doesn't have anything to do with the other, and I can still get the cash lease deal if for example, I turn the cap cost amount into MSDs?
Finally, how do you feel about a 48 month lease in these terms or any other ?
Thanks again !
My recommendation is to use the $2300 to pay the first payment and the upfront fees (bank and dealer fee), minimizing your out of pocket costs.
48 months is a long time to lease; 36 months is generally the sweet spot with regards to residual value. And, you'll be in warranty the entire time.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If i use the $2300 toward the bank fees and other fees, what do i do regarding the $3050 cap reduction amount ? Can i just ask for it to be switched to MSDs ? I'm sorry I'm new at this, and i appreciate your help!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/12 residual is 62%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Working out numbers, I should be looking at the following before I enter that war zone:
MSRP: $56,705
RV: 54% ($30,621)
MF: .0009, which becomes .0002 with 7 MSDs
Terms: 48 / 10 K
Cap Cost: $52,234 (MSRP - Discount of $7521+Cap cost reduction waved of $3050)
So...
Depreciation: ($52,234-$30,621) / 48 = $450
Finance: ($52,234+$30,621) x .0002 = $16
Total of $466 + Sales Taxes
Am I correct ?
Thanks again !!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I did the same with the lease cash on my Hyundai - the $1100 covered all my up front costs (save first payment)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Negotiate the best selling price without any cap cost reduction - find out from the dealer the absolute lowest price they will sell you the car for. If they are willing to give you a $7500 discount, great. If it's only $4500, that's still pretty good.
Add in any fees or taxes you don't want to pay up front - this is probably $0, as the lease cash will take care of those costs.
The result is your net cap cost used to calculate the lease payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I was able to get $460 including 9% tax, 1200 drive off for 12k,/36 month on an msrp model or $491 include tax for 15k/36 month similar drive off. (No MSD)
For the 57k model I was able to get $493 include tax and 1200 drive off for l 12k/36 month or $518 for 15k/36 month. (No MSD)
2015 GS350
MSRP: $52,855
Sale price: $48,000
Net Cap cost rebate: $2,300
Net Cap cost : $48,699
3 year: 12K/year
residual: $32,7710
Fees: Acquisition Fee - $700
DLR Admin charge - $649
license Fee - $40
Cap Tax - $300
First payment waived.
MF: .00003 with Max multiple security deposits - $4,050
Monthly payment: $440.91
I feel there are several dollars lost somewhere in all of this. MSD's always throw me off. What do you think?
But, I don't know how they got to the $48,699 CAP cost? All of those line items, plus the 1st payment only add up to $2150... and, you have a $2300 rebate.... Shouldn't the CAP cost be less than the selling price?
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Should my MF be reduced to .00002? That might be were the dollars are hiding. Can't thank you enough for all your help and insight.
So, do you have to pay any money upfront?
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Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00090 MF and $2300 lease cash. Dealer is allowed to mark up the MF for more profit.
You can always do better than the national lease offer with good negotiating.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 Accord Sport CVT Mod Steel Metallic
I like 24-27 month leases on these cars to avoid new tire replacement when possible. Tires cost a fortune. I dont care about money factors or such. I only care about the bottom line here. I have been leasing for 25+ years and never got a fleece. Sign and drive or just first month and normal license fees. No cap costs ever.