2016 Lease please advise
New to leasing, please help!
I was quoted for a 36 month 10k per year lease:
3.0T quattro premium plus
MSRP 61495
3600 rebates/incentives
Adjusted price 57,895 plus tax and fees= 61,484.25
5000 down=735/month
2500 down=810/month
MF .00109 and residual of 56%
Is this a good deal, and is the MF accurate?
I was quoted for a 36 month 10k per year lease:
3.0T quattro premium plus
MSRP 61495
3600 rebates/incentives
Adjusted price 57,895 plus tax and fees= 61,484.25
5000 down=735/month
2500 down=810/month
MF .00109 and residual of 56%
Is this a good deal, and is the MF accurate?
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Best Answer
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kyfdx Moderator Posts: 257,167
Okay.. $2600 is 4% off.. that's about average for Audi. If it's me, I want another $1000 off price and the base MF.jayb11 said:Sorry, need to clarify, 2600 discount off MSRP, plus 1000 incentive.....I do not qualify for any of the other loyalty discounts etc..
Regarding the MF markup, can that be negotiated down and how much does that affect price?
Also, is the MF the same for 12,000 miles also?
Should I negotiate more off the MSRP or is the MF more important?
Thanks in advance!
It shouldn't be an either/or... a good price and the base MF is what you want. The MF bump is adding $1300-$1400 +tax to the total cost of your lease.
Also.. upfront should be just 1st payment and government fees (title/registration). That helps you see the actual monthly cost of the vehicle, and also to compare quotes from competing dealers.Edmunds Price Checker
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Answers
$3600 of incentives an rebates, but no discount from MSRP, otherwise?
Not a good deal.
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Regarding the MF markup, can that be negotiated down and how much does that affect price?
Also, is the MF the same for 12,000 miles also?
Should I negotiate more off the MSRP or is the MF more important?
Thanks in advance!
Both MF and selling price are important; they are the only two variables in a lease. You want the base MF and the lowest price you can negotiate.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
thanks in advance!
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige