Just got a dealer quote in NY on a 36/7.5k lease, ~$3700 down (just fees, taxes, and first month), and ~$670/mo. Optioned up to ~$58k. This competitive? Thanks.
.00129 and 60% for 36/7.5.
We need both the MSRP and the adjusted cap cost to figure a payment.
Just got a dealer quote in NY on a 36/7.5k lease, ~$3700 down (just fees, taxes, and first month), and ~$670/mo. Optioned up to ~$58k. This competitive? Thanks.
.00129 and 60% for 36/7.5.
We need both the MSRP and the adjusted cap cost to figure a payment.
Got more detail today. 36/7.5, $3700 down (just fees). MSRP $57,520, adjusted base $54,500. $670/mo. Confirmed .00129 and 60%. He offered to throw in the maintenance, and if I didn't want it, he'd lower the adjusted base to $53,500 or $641/mo. This competitive?
Just got a dealer quote in NY on a 36/7.5k lease, ~$3700 down (just fees, taxes, and first month), and ~$670/mo. Optioned up to ~$58k. This competitive? Thanks.
.00129 and 60% for 36/7.5.
We need both the MSRP and the adjusted cap cost to figure a payment.
Got more detail today. 36/7.5, $3700 down (just fees). MSRP $57,520, adjusted base $54,500. $670/mo. Confirmed .00129 and 60%. He offered to throw in the maintenance, and if I didn't want it, he'd lower the adjusted base to $53,500 or $641/mo. This competitive?
I confirm the calculations.
Only way to improve on them is to negotiate a better selling price.
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am. Msrp- $62,385 Discount- $59,200 Down payment- $7,000 36 months 7500 miles Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am. Msrp- $62,385 Discount- $59,200 Down payment- $7,000 36 months 7500 miles Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
.00129 MF and 60% residual.
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am.
Msrp- $62,385
Discount- $59,200
Down payment- $7,000
36 months
7500 miles
Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
.00129 MF and 60% residual.
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
I wanted to keep my payment down but it's looking like I should have started with $5000 down. How low do you think I could get a payment with $7000 down?
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am. Msrp- $62,385 Discount- $59,200 Down payment- $7,000 36 months 7500 miles Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
.00129 MF and 60% residual.
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
I wanted to keep my payment down but it's looking like I should have started with $5000 down. How low do you think I could get a payment with $7000 down?
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am.
Msrp- $62,385
Discount- $59,200
Down payment- $7,000
36 months
7500 miles
Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
.00129 MF and 60% residual.
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
I wanted to keep my payment down but it's looking like I should have started with $5000 down. How low do you think I could get a payment with $7000 down?
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am. Msrp- $62,385 Discount- $59,200 Down payment- $7,000 36 months 7500 miles Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
.00129 MF and 60% residual.
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
I wanted to keep my payment down but it's looking like I should have started with $5000 down. How low do you think I could get a payment with $7000 down?
Which state and what tax rate?
North Carolina and 6.5%, THANK YOU
If we assume $2000 for first payment, acquisition fee and title/license fees, then that leaves $5000 for CAP cost reduction.
With a CAP cost of $54,200, the payment is $584/mo.+tax = $622/mo.
That's not a long way from where you are at $637/mo. To lower the payment, you would have to negotiate a lower selling price.
We don't really recommend making large downpayments. It just serves to make the car seem less expensive than it really is.
With $2000 upfront, the car is $729/mo.+tax = $776/mo.
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am.
Msrp- $62,385
Discount- $59,200
Down payment- $7,000
36 months
7500 miles
Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
.00129 MF and 60% residual.
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
I wanted to keep my payment down but it's looking like I should have started with $5000 down. How low do you think I could get a payment with $7000 down?
Which state and what tax rate?
North Carolina and 6.5%, THANK YOU
If we assume $2000 for first payment, acquisition fee and title/license fees, then that leaves $5000 for CAP cost reduction.
With a CAP cost of $54,200, the payment is $584/mo.+tax = $622/mo.
That's not a long way from where you are at $637/mo.
To lower the payment, you would have to negotiate a lower selling price.
We don't really recommend making large downpayments. It just serves to make the car seem less expensive than it really is.
With $2000 upfront, the car is $729/mo.+tax = $776/mo.
What about miles? How does that factor in? They gave me 7500 when I should at least get 10k.
I need some help guys. I ordered a 2016 C450 and ran some numbers with the guy. I haven't taken delivery of the car yet but the guy ran numbers with me and want to know if im getting burned because I feel like I am. Msrp- $62,385 Discount- $59,200 Down payment- $7,000 36 months 7500 miles Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
.00129 MF and 60% residual.
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
I wanted to keep my payment down but it's looking like I should have started with $5000 down. How low do you think I could get a payment with $7000 down?
Which state and what tax rate?
North Carolina and 6.5%, THANK YOU
If we assume $2000 for first payment, acquisition fee and title/license fees, then that leaves $5000 for CAP cost reduction.
With a CAP cost of $54,200, the payment is $584/mo.+tax = $622/mo.
That's not a long way from where you are at $637/mo. To lower the payment, you would have to negotiate a lower selling price.
We don't really recommend making large downpayments. It just serves to make the car seem less expensive than it really is.
With $2000 upfront, the car is $729/mo.+tax = $776/mo.
What about miles? How does that factor in? They gave me 7500 when I should at least get 10k.
Going from 7.5K/yr to 10K/yr will lower the residual by 1%. That will raise the payment about $18/mo.
Are rates likely to change within the next 3 months and or other promotions? Debating on placing a pre order to arrive in 3 months or getting a car in inventory...
Are rates likely to change within the next 3 months and or other promotions? Debating on placing a pre order to arrive in 3 months or getting a car in inventory...
Can't predict what will happen 3 months down the road. Can you still place an order for a 2016?
I hope so I will know tomorrow for sure if I have the green light aparently it's getting through... I already put down the 1000 deposit so I hope so! Got 7500 off msrp was 12%.
MSD (multiple security deposits) each deposit gets rounded to the next 50 dollars so if your payment is 699 each one would be 700. You can do Max of 10 and each one lowers your money factor by .00007 or .0007 if 10 are used. This lowers your rate by over half which saves you about 60 dollars a month. Once your leaself is done you get the money back from MB Financial.
MSD (multiple security deposits) each deposit gets rounded to the next 50 dollars so if your payment is 699 each one would be 700. You can do Max of 10 and each one lowers your money factor by .00007 or .0007 if 10 are used. This lowers your rate by over half which saves you about 60 dollars a month. Once your leaself is done you get the money back from MB Financial.
Thank for the help. I looked into the MB First Class Lease Program for MSD and it explained it pretty good. The only thing I had trouble finding is if NJ is participates in this option. I emailed them and are waiting back to hear.
MSD (multiple security deposits) each deposit gets rounded to the next 50 dollars so if your payment is 699 each one would be 700. You can do Max of 10 and each one lowers your money factor by .00007 or .0007 if 10 are used. This lowers your rate by over half which saves you about 60 dollars a month. Once your leaself is done you get the money back from MB Financial.
Thank for the help. I looked into the MB First Class Lease Program for MSD and it explained it pretty good. The only thing I had trouble finding is if NJ is participates in this option. I emailed them and are waiting back to hear.
MichaelL, I noticed on one of the previous posts that there was a discount for auto pay taking the rate from .00129 to .00119. Do you know if that is also the case for the numbers you just provided me? Thanks
MichaelL, I noticed on one of the previous posts that there was a discount for auto pay taking the rate from .00129 to .00119. Do you know if that is also the case for the numbers you just provided me? Thanks
Comments
Miles per year?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We need both the MSRP and the adjusted cap cost to figure a payment.
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Only way to improve on them is to negotiate a better selling price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Msrp- $62,385
Discount- $59,200
Down payment- $7,000
36 months
7500 miles
Payment- $637.00
The guy said he couldn't give me a better discount because I was ordering the car. Any HELP?
If the selling price = CAP cost, then $729/mo.+tax.
That $7000 upfront can disguise a lot of extras.
Ask for an adjusted CAP cost and a reconciliation of the numbers, along with the money factor being used.
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Which state and what tax rate?
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If we assume $2000 for first payment, acquisition fee and title/license fees, then that leaves $5000 for CAP cost reduction.
With a CAP cost of $54,200, the payment is $584/mo.+tax = $622/mo.
That's not a long way from where you are at $637/mo.
To lower the payment, you would have to negotiate a lower selling price.
We don't really recommend making large downpayments. It just serves to make the car seem less expensive than it really is.
With $2000 upfront, the car is $729/mo.+tax = $776/mo.
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.00129 and 59%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
With a CAP cost of $54,200, the payment is $584/mo.+tax = $622/mo.
That's not a long way from where you are at $637/mo.
To lower the payment, you would have to negotiate a lower selling price.
We don't really recommend making large downpayments. It just serves to make the car seem less expensive than it really is.
With $2000 upfront, the car is $729/mo.+tax = $776/mo.
What about miles? How does that factor in? They gave me 7500 when I should at least get 10k.
Going from 7.5K/yr to 10K/yr will lower the residual by 1%. That will raise the payment about $18/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Dealer is allowed to mark up the MF for more profit.
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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
2016 C450
Msrp $62,940
Cap Cost $ 56,389
MF + .00119
Residual 58% ( 36,505.20)
Money Down $ 2,390
Monthly Pay $711.26
Lease is for 36m / 12k miles.
I read putting extra money down is not such a great idea to get my payments lower. Is this a good deal and how else can I get my payments lower
Thanks
The MF also does already include autopay
MF of .00049 is 1.17%
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I was wondering what others are getting for MF and residuals on a 36month/10k lease (in MA specifically)?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do you think these numbers will change drastically for next month?
Do you think these numbers will change drastically for next month?
Change? It's possible.
Drastically? Probably not.
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.00129 and 59% / 58%
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