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2015.5 S60 Premier Edrive
MSRP: $40,725
Lease cash: $1500
Dealer cash $1250
Dealer discount $3585
Price after disc etc $34,040.00 (I know it's off a little, may have to do with the first payment I wouldn't pay)
$414.61/mo with "0" down.
Residual (purchase option amount) $21.177.00
This is a 36 month lease with 15K miles per year. My local dealer was closer to $450/mo on a 12K mile/year lease.
Thank you for any feedback and help.
Best Answers
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kyfdx Moderator Posts: 247,386
.00001 MF and 52% residual. $358/mo.+tax.speids8 said:With blis and convenience packs, metalic paint, (dealer incl heated seats on list but isn't that already included in the premier)?... What discounts should I expect? I think I can get a better deal in Chicago but not my local dealer. I know I don't have all the numbers (will try and get more) but here's what I have:
MSRP: $40,725
Lease cash: $1500
Dealer cash $1250
Dealer discount $3585
Price after disc etc $34,040.00 (I know it's off a little, may have to do with the first payment I wouldn't pay)
$414.61/mo with "0" down.
Residual (purchase option amount) $21.177.00
This is a 36 month lease with 15K miles per year. My local dealer was closer to $450/mo on a 12K mile/year lease.
Thank you for any feedback and help.
Of course, this doesn't include acquisition fee or any other charges. You'd need the CAP cost to get an accurate payment.Edmunds Price Checker
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Edmunds Moderator5 -
kyfdx Moderator Posts: 247,386@speids8 Okay, with the new NET cap figure, I get the exact payment they do..
That looks pretty good from here.Edmunds Price Checker
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Edmunds Moderator1
Answers
Of course, this doesn't include acquisition fee or any other charges. You'd need the CAP cost to get an accurate payment.
Here is the deal in their words:
MSRP (Market Value): $40,725
Discount: $4785
Selling price: $35,940
Prep fee: $168.43
Lic/title: $318.00
ERT Fee: $40.00
Acquisition fee: $695.00
Tax on collected items: $96.90
Total CAP: $37,258.33
Rebate savings $1900 (that includes the first payment that is waived)
Net Cap: $35,358.33
Base pay: $394.49
Tax (5.1%) $20.12/mo
36 month payment $414.61
Rate: 0.00001
Miles: 15K
Residual: $52%
Res amount $21,177.00
MRM 42,900.00
Here is the deal in their words:
MSRP (Market Value): $40,725
Discount: $4785
Selling price: $35,940
Prep fee: $168.43
Lic/title: $318.00
ERT Fee: $40.00
Acquisition fee: $695.00
Tax on collected items: $96.90
Total CAP: $37,258.33
Rebate savings $1900 (that includes the first payment that is waived)
Net Cap: $35,358.33
Base pay: $394.49
Tax (5.1%) $20.12/mo
36 month payment $414.61
Rate: 0.00001
Miles: 15K
Residual: $52%
Res amount $21,177.00
MRM 42,900.00