Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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Is there anything that I should be concerned about or look out for any catch linked to the deal.
Is there anything that I should be concerned about or look out for any catch linked to the deal.
Extra fees, for sure. And, make sure you've negotiated your lowest selling price.
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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
AudiCare is a prepaid service program. Even on a lease, you have to service your vehicle. AFS increases the residual by 1%, if you purchase AudiCare. That results in an increase of about $10/mo. to add AudiCare. $360 is cheap for three years of service.
Can't estimate a payment without the MSRP and proposed selling price.
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SQ5 Prem+ - .00138 and 64% / 57%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
They showed me the invoice and I paid $400 over. I think the MF was .00042 over what was shown here too. I'm ok with them making a buck. Sometimes on here it seems like a game to try to make sure that they make no money at all.
It didn't seem worth it to me to go around to different dealers shopping to save what, like 6 or 7 hundred bucks over 3 years when the first dealer was transparent.
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.00112 MF for 36 months; .00132 for 39 months
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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
Thanks again,
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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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3.0T: .00160 MF and 59% residual.
Add 1% for AudiCare
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2016 Q5 2.0T, tech package
Negotiated Purchase Price: $44,800
12K miles/year
Audi Care Included
Due at Signing: $3,600
Monthly payment: $550 (including tax)
Included in the $3600:
$234.85 Tax
$410.75 License
$550 1st payment
$795 Acquisition
$80 Doc Fee
$1529.40 Cap Cost Reduction
Interest Rate is 2.68%
Residual is 57% of MSRP ($47,620)
If so, .00112 MF and 57% residual w/AudiCare.
$527/mo.+tax. Looks like you are right on the money.
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1. How common is this? (leasing via an external bank versus Audi Finance)
2. What are the potential downsides?
3. The dealer claims that the lease via the external bank only runs through January, and will not be available in February. Is this possible?
thank you in advance!
2. Third party banks are often not as generous about waiving damage at the end of the lease. AFS wants you to lease with them again. And, as noted above, you have to compare the numbers.
3. All offers have an expiration date. Can't tell you if the deal will get better or worse next month. Dealer doesn't, either.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
thank you in advance!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00112 MF and 59% residual.
Subtract 3% for Premium Plus. Add 1% for 10K/yr
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Location: Northern California, Bay Area
MSRP: $48.835
Selling Price: $42,975
MF: 0.00162
RF: 58%
36/7,500
Acquisition Fee:$875
Can anyone comment on these terms?
Using that base MF, I calculate a payment of $487/mo + tax. Inflated MF is adding about $35/mo to your pre-tax payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The dealer sent me this message when I said I wanted to $0 down. I don't understand the last paragraph. is he giving me the run-around?
1st payment - $569.46
Sales tax upfront - $78.75
1st year fees - $427.75
Bank fee (Audi FS) - $875.00
Total Initial Pmt - $1,950.96
…