2016 Chevrolet Suburban Lease Questions

m1000

Thanks, we were told the numbers were the same.

kyfdx

m1000 said:

Thanks, we were told the numbers were the same.

That's entirely possible. Hopefully, we'll know in a few days.

crazydog1

Hello there, I was wondering if you had the residual and MF for the following:

2016 Suburban LT (2wd)
2016 Suburban LTZ (2wd)

39/12k for both
Texas

kyfdx

crazydog1 said:

Hello there, I was wondering if you had the residual and MF for the following:

2016 Suburban LT (2wd)
2016 Suburban LTZ (2wd)

39/12k for both
Texas

.00152 MF and 58%/56% residual for LT/LTZ

xeonman13

Hello.
I need help with a deal.

2016 Suburban LT
luxury package
2nd row bucket seats
Trailering Package
MSRP : $62,305.00
negotiated Price: (after rebates) $52,099.70
got GM supplier discount and Tag deal. As well as another 2500 rebate

0 out of pocket
Rolling in all fees and first month
And $3,200 in negative trade equity

Money Factor .00230 (Tier 2)

Georgia taxes paid up front and coming out to about $1,250 due to trade

$823.73 for 39 months.
$840 for 36 months

kyfdx

xeonman13 said:

Hello.
I need help with a deal.

2016 Suburban LT
luxury package
2nd row bucket seats
Trailering Package
MSRP : $62,305.00
negotiated Price: (after rebates) $52,099.70
got GM supplier discount and Tag deal. As well as another 2500 rebate

0 out of pocket
Rolling in all fees and first month
And $3,200 in negative trade equity

Money Factor .00230 (Tier 2)

Georgia taxes paid up front and coming out to about $1,250 due to trade

$823.73 for 39 months.
$840 for 36 months

Did they give you the adjusted CAP cost, after rolling everything in? If not, we are just guessing. GA dealers can throw in some pretty big dealer fees.

xeonman13

kyfdx said:

xeonman13 said:

Hello.
I need help with a deal.

2016 Suburban LT
luxury package
2nd row bucket seats
Trailering Package
MSRP : $62,305.00
negotiated Price: (after rebates) $52,099.70
got GM supplier discount and Tag deal. As well as another 2500 rebate

0 out of pocket
Rolling in all fees and first month
And $3,200 in negative trade equity

Money Factor .00230 (Tier 2)

Georgia taxes paid up front and coming out to about $1,250 due to trade

$823.73 for 39 months.
$840 for 36 months

Did they give you the adjusted CAP cost, after rolling everything in? If not, we are just guessing. GA dealers can throw in some pretty big dealer fees.

They didn't. But what's normal? This dealer prides Itself on being a straight shooter. No hidden fees. I guess what is payment based on MSRP plus taxes and fees rolled in.

kyfdx

xeonman13 said:

kyfdx said:

xeonman13 said:

Hello.
I need help with a deal.

2016 Suburban LT
luxury package
2nd row bucket seats
Trailering Package
MSRP : $62,305.00
negotiated Price: (after rebates) $52,099.70
got GM supplier discount and Tag deal. As well as another 2500 rebate

0 out of pocket
Rolling in all fees and first month
And $3,200 in negative trade equity

Money Factor .00230 (Tier 2)

Georgia taxes paid up front and coming out to about $1,250 due to trade

$823.73 for 39 months.
$840 for 36 months

Did they give you the adjusted CAP cost, after rolling everything in? If not, we are just guessing. GA dealers can throw in some pretty big dealer fees.

They didn't. But what's normal? This dealer prides Itself on being a straight shooter. No hidden fees. I guess what is payment based on MSRP plus taxes and fees rolled in.

.00152 MF and 58% residual for 36/15.

If I take the $52099 and add the $3200 negative equity, I get a payment of $671/mo. You say 0 out of pocket, but then say the taxes are paid upfront? Are you paying the taxes upfront, or rolling them into the CAP cost? Are you making a first payment?

Need to ask for the adjusted CAP cost, so you can see exactly what you are paying for. $671/mo. is a long way from $840/mo.

xeonman13

kyfdx said:

xeonman13 said:

kyfdx said:

xeonman13 said:

Hello.
I need help with a deal.

2016 Suburban LT
luxury package
2nd row bucket seats
Trailering Package
MSRP : $62,305.00
negotiated Price: (after rebates) $52,099.70
got GM supplier discount and Tag deal. As well as another 2500 rebate

0 out of pocket
Rolling in all fees and first month
And $3,200 in negative trade equity

Money Factor .00230 (Tier 2)

Georgia taxes paid up front and coming out to about $1,250 due to trade

$823.73 for 39 months.
$840 for 36 months

Did they give you the adjusted CAP cost, after rolling everything in? If not, we are just guessing. GA dealers can throw in some pretty big dealer fees.

They didn't. But what's normal? This dealer prides Itself on being a straight shooter. No hidden fees. I guess what is payment based on MSRP plus taxes and fees rolled in.

.00152 MF and 58% residual for 36/15.

If I take the $52099 and add the $3200 negative equity, I get a payment of $671/mo. You say 0 out of pocket, but then say the taxes are paid upfront? Are you paying the taxes upfront, or rolling them into the CAP cost? Are you making a first payment?

Need to ask for the adjusted CAP cost, so you can see exactly what you are paying for. $671/mo. is a long way from $840/mo.

I am rolling everything into CAP COST... Zero drive off.
So I imagine we are talking
$52,099 + $3200 neg equity + $1500 taxes + $300 in misc fees

kyfdx

xeonman13 said:

kyfdx said:

xeonman13 said:

kyfdx said:

xeonman13 said:

Hello.
I need help with a deal.

2016 Suburban LT
luxury package
2nd row bucket seats
Trailering Package
MSRP : $62,305.00
negotiated Price: (after rebates) $52,099.70
got GM supplier discount and Tag deal. As well as another 2500 rebate

0 out of pocket
Rolling in all fees and first month
And $3,200 in negative trade equity

Money Factor .00230 (Tier 2)

Georgia taxes paid up front and coming out to about $1,250 due to trade

$823.73 for 39 months.
$840 for 36 months

Did they give you the adjusted CAP cost, after rolling everything in? If not, we are just guessing. GA dealers can throw in some pretty big dealer fees.

They didn't. But what's normal? This dealer prides Itself on being a straight shooter. No hidden fees. I guess what is payment based on MSRP plus taxes and fees rolled in.

.00152 MF and 58% residual for 36/15.

If I take the $52099 and add the $3200 negative equity, I get a payment of $671/mo. You say 0 out of pocket, but then say the taxes are paid upfront? Are you paying the taxes upfront, or rolling them into the CAP cost? Are you making a first payment?

Need to ask for the adjusted CAP cost, so you can see exactly what you are paying for. $671/mo. is a long way from $840/mo.

I am rolling everything into CAP COST... Zero drive off.
So I imagine we are talking
$52,099 + $3200 neg equity + $1500 taxes + $300 in misc fees

If I add all of that in, including the first payment, I get around $820/mo. for 36 months... That's not far off, since we are estimating a lot of numbers.

ryan_muls

Looking to update this for July and adjusted price I received.
2016 Suburban 4WD LT

MSRP: $63,040
Sale price: $58,265 (assume this is CAP cost)
NY Tax 8.375%
Miles per year: 10k
36 months
$0 out of pocket (roll tax into payment)

Thank you

Michaell

ryan_muls said:

Looking to update this for July and adjusted price I received.
2016 Suburban 4WD LT

MSRP: $63,040
Sale price: $58,265 (assume this is CAP cost)
NY Tax 8.375%
Miles per year: 10k
36 months
$0 out of pocket (roll tax into payment)

Thank you

.00152 and 61%.

With those prices, I get $697/mo

ryan_muls

thank you

crazydog1

Here is what I was offered today:
2016 Suburban LT 2wd
MSRP 62515
Sale price 58015
Lease cash 4600
$5000 down total including first payment and tt&l
39 month $621

With a money factor of .00152 and residual of 58%, shouldn't the payment be closer to $560?

crazydog1

Also, how much is the acquisition fee?

crazydog1

here are a couple of things I missed...12k mpy...Texas 6.25%...thank you for your help!!

kyfdx

crazydog1 said:

Here is what I was offered today:
2016 Suburban LT 2wd
MSRP 62515
Sale price 58015
Lease cash 4600
$5000 down total including first payment and tt&l
39 month $621

With a money factor of .00152 and residual of 58%, shouldn't the payment be closer to $560?

Really need to know the adjusted CAP cost, so we can do the calculation. The residual for 36/12 is 60%.

Where does the $4600 lease cash come from?

GM Financial acquisition fee is $595

britm3

Looking for lease residual and money factors on:
2016 Suburban LS
36 months -10k and 12k
location is MA

Michaell

britm3 said:

Looking for lease residual and money factors on:
2016 Suburban LS
36 months -10k and 12k
location is MA

.00152 and 61% / 60%

britm3

Also wanted to ask for the 39 month option:

2016 Suburban LS
39 months -10k and 12k
location is MA

Michaell

britm3 said:

Also wanted to ask for the 39 month option:

2016 Suburban LS
39 months -10k and 12k
location is MA

Same MF, subtract 2% from the residual.

caltman

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

kyfdx

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

caltman

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

kyfdx

caltman said:

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

12K/yr to 10K/yr, add 1% to residual, for either term.

A new program starts on Thursday. We don't always get the numbers right away, but we might.

caltman

kyfdx said:

caltman said:

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

12K/yr to 10K/yr, add 1% to residual, for either term.

A new program starts on Thursday. We don't always get the numbers right away, but we might.

Thanks! Was gonna let my deal go, but got a call tonight with new improved offer. Want to wait and see what the MF and residual is on 10k & 12k/yr 36mo lease is before I counter or walk again. Not impressed with Chevy's terms right now. Also, if you get a line on incentives for Labor Day weekend, let me now. Thanks again!

kyfdx

caltman said:

kyfdx said:

caltman said:

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

12K/yr to 10K/yr, add 1% to residual, for either term.

A new program starts on Thursday. We don't always get the numbers right away, but we might.

Thanks! Was gonna let my deal go, but got a call tonight with new improved offer. Want to wait and see what the MF and residual is on 10k & 12k/yr 36mo lease is before I counter or walk again. Not impressed with Chevy's terms right now. Also, if you get a line on incentives for Labor Day weekend, let me now. Thanks again!

It appears that the numbers are the same for September

caltman

kyfdx said:

caltman said:

kyfdx said:

caltman said:

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

12K/yr to 10K/yr, add 1% to residual, for either term.

A new program starts on Thursday. We don't always get the numbers right away, but we might.

Thanks! Was gonna let my deal go, but got a call tonight with new improved offer. Want to wait and see what the MF and residual is on 10k & 12k/yr 36mo lease is before I counter or walk again. Not impressed with Chevy's terms right now. Also, if you get a line on incentives for Labor Day weekend, let me now. Thanks again!

It appears that the numbers are the same for September

Incentives too? $1000 loyalty cash for leases?

Michaell

caltman said:

kyfdx said:

caltman said:

kyfdx said:

caltman said:

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

12K/yr to 10K/yr, add 1% to residual, for either term.

A new program starts on Thursday. We don't always get the numbers right away, but we might.

Thanks! Was gonna let my deal go, but got a call tonight with new improved offer. Want to wait and see what the MF and residual is on 10k & 12k/yr 36mo lease is before I counter or walk again. Not impressed with Chevy's terms right now. Also, if you get a line on incentives for Labor Day weekend, let me now. Thanks again!

It appears that the numbers are the same for September

Incentives too? $1000 loyalty cash for leases?

We don't have any incentive information.

caltman

kyfdx said:

caltman said:

kyfdx said:

caltman said:

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

12K/yr to 10K/yr, add 1% to residual, for either term.

A new program starts on Thursday. We don't always get the numbers right away, but we might.

Thanks! Was gonna let my deal go, but got a call tonight with new improved offer. Want to wait and see what the MF and residual is on 10k & 12k/yr 36mo lease is before I counter or walk again. Not impressed with Chevy's terms right now. Also, if you get a line on incentives for Labor Day weekend, let me now. Thanks again!

It appears that the numbers are the same for September

kyfdx,

I'm getting a quote of 0.00122 and a residual of 52% for a Suburban LTZ 4WD for 12k/36mo for September numbers from the dealer. Is that incorrect?

Michaell

caltman said:

kyfdx said:

caltman said:

kyfdx said:

caltman said:

kyfdx said:

caltman said:

Hello,

May I get the August MF and residuals for 2016 Chevy Suburban LTZ (4WD) for 12k/yr for 24 mo and 36mo in MN?

I also see $1000 customer cash from Chevy AND $1500 Loyalty Cash (I currently lease). Is that correct?

Thanks!

.00202 MF and 61% residual
.00152 MF and 58% residual

No clue on those incentives.

What does the residual go up to with 10k/yr for 24 mo and 36 mo respectively? Does Chevy release Sept. numbers in time for Labor Day Weekend sales?

12K/yr to 10K/yr, add 1% to residual, for either term.

A new program starts on Thursday. We don't always get the numbers right away, but we might.

Thanks! Was gonna let my deal go, but got a call tonight with new improved offer. Want to wait and see what the MF and residual is on 10k & 12k/yr 36mo lease is before I counter or walk again. Not impressed with Chevy's terms right now. Also, if you get a line on incentives for Labor Day weekend, let me now. Thanks again!

It appears that the numbers are the same for September

kyfdx,

I'm getting a quote of 0.00122 and a residual of 52% for a Suburban LTZ 4WD for 12k/36mo for September numbers from the dealer. Is that incorrect?

Confirm the bank the dealer is using. We only have numbers from GM Financial.

caltman

Confirm the bank the dealer is using. We only have numbers from GM Financial.

Thanks! It is US Bank. A residual of 52% is ridiculous. I asked for running the lease through GM Financial instead, but apparently the rebates that are accessible are way less then. I have a 19% total discount right now which is really nice, but with a MF of 0.00122 and residual of 52%, the monthly payment is still too high.

Michaell

caltman said:

Confirm the bank the dealer is using. We only have numbers from GM Financial.

Thanks! It is US Bank. A residual of 52% is ridiculous. I asked for running the lease through GM Financial instead, but apparently the rebates that are accessible are way less then. I have a 19% total discount right now which is really nice, but with a MF of 0.00122 and residual of 52%, the monthly payment is still too high.

Yep, third party banks often have nice incentives to go with the lousy lease numbers. Large SUVs are expensive to lease.

caltman

Michaell, do you have October MF and residuals for LTZ Suburban for 10k and 12k/yr in MN?

Michaell

caltman said:

Michaell, do you have October MF and residuals for LTZ Suburban for 10k and 12k/yr in MN?

Assuming 36 months, .00152 and 59% / 58%

caltman

Yes, sorry, I meant 36mo. Thanks!

ohinojosagzz

Hi, Interested in Suburban 2016 LT MSRP 58,240, Net Price of 54,000. What is the MF and Residual for 36/15 in Houston. What other info is relevant and necessary for the calculation of the monthly payment? Thanks

kyfdx

ohinojosagzz said:

Hi, Interested in Suburban 2016 LT MSRP 58,240, Net Price of 54,000. What is the MF and Residual for 36/15 in Houston. What other info is relevant and necessary for the calculation of the monthly payment? Thanks

.00152 MF and 58% residual

The only other number you need is the adjusted CAP cost. That's the selling price + any additions - any money paid upfront.

Be ready for Texas sales tax. You pay the 6.25% on the full selling price of the vehicle, even on a lease.

brzucc15

Hi, any feedback on the lease offer below would be appreciated::

MSRP: $63,575
Suburban LT
Luxury Pkg
Nav
Bucket Seats
Roof Rails

Sale price: $57,950
NJ Tax 7%
Miles per year: 10k
48 months / $4,000 out of pocket / $499/month (all fees / taxes included)

Thank you!

kyfdx

brzucc15 said:

Hi, any feedback on the lease offer below would be appreciated::

MSRP: $63,575
Suburban LT
Luxury Pkg
Nav
Bucket Seats
Roof Rails

Sale price: $57,950
NJ Tax 7%
Miles per year: 10k
48 months / $4,000 out of pocket / $499/month (all fees / taxes included)

Thank you!

.00168 MF and 54% residual.

Payment seems incredibly low, given those numbers. Do you have a trade-in?

brzucc15

Thanks for responding. Nope, no trade in, only the $4K down. I thought it was very low also, but I have it in writing and ready to sign. Apparently this is one of those "tagged" vehicles that the dealership gets? Not sure if that is a gimmick or not, but it seemed to do something to lower the price. So i guess i shouldn't pass this deal up?
Thanks again!

ohinojosagzz

kyfdx said:

ohinojosagzz said:

Hi, Interested in Suburban 2016 LT MSRP 58,240, Net Price of 54,000. What is the MF and Residual for 36/15 in Houston. What other info is relevant and necessary for the calculation of the monthly payment? Thanks

.00152 MF and 58% residual

The only other number you need is the adjusted CAP cost. That's the selling price + any additions - any money paid upfront.

Be ready for Texas sales tax. You pay the 6.25% on the full selling price of the vehicle, even on a lease.

One more question: Is the MF affected by my Credit Score? How is it determined? DO not know if this is a good question or not.

Thanks

brzucc15

kyfdx said:

brzucc15 said:

Hi, any feedback on the lease offer below would be appreciated::

MSRP: $63,575
Suburban LT
Luxury Pkg
Nav
Bucket Seats
Roof Rails

Sale price: $57,950
NJ Tax 7%
Miles per year: 10k
48 months / $4,000 out of pocket / $499/month (all fees / taxes included)

Thank you!

.00168 MF and 54% residual.

Payment seems incredibly low, given those numbers. Do you have a trade-in?

Thanks for responding. Nope, no trade in, only the $4K down. I thought it was very low also, but I have it in writing and ready to sign. Apparently this is one of those "tagged" vehicles that the dealership gets? Not sure if that is a gimmick or not, but it seemed to do something to lower the price. So i guess i shouldn't pass this deal up?
Thanks again!

kyfdx

ohinojosagzz said:

kyfdx said:

ohinojosagzz said:

Hi, Interested in Suburban 2016 LT MSRP 58,240, Net Price of 54,000. What is the MF and Residual for 36/15 in Houston. What other info is relevant and necessary for the calculation of the monthly payment? Thanks

.00152 MF and 58% residual

The only other number you need is the adjusted CAP cost. That's the selling price + any additions - any money paid upfront.

Be ready for Texas sales tax. You pay the 6.25% on the full selling price of the vehicle, even on a lease.

One more question: Is the MF affected by my Credit Score? How is it determined? DO not know if this is a good question or not.

Thanks

Yes.. if your credit is not top tier, you'll pay a higher rate.

kyfdx

brzucc15 said:

kyfdx said:

brzucc15 said:

Hi, any feedback on the lease offer below would be appreciated::

MSRP: $63,575
Suburban LT
Luxury Pkg
Nav
Bucket Seats
Roof Rails

Sale price: $57,950
NJ Tax 7%
Miles per year: 10k
48 months / $4,000 out of pocket / $499/month (all fees / taxes included)

Thank you!

.00168 MF and 54% residual.

Payment seems incredibly low, given those numbers. Do you have a trade-in?

Thanks for responding. Nope, no trade in, only the $4K down. I thought it was very low also, but I have it in writing and ready to sign. Apparently this is one of those "tagged" vehicles that the dealership gets? Not sure if that is a gimmick or not, but it seemed to do something to lower the price. So i guess i shouldn't pass this deal up?
Thanks again!

It seems lower than it should be, given the numbers. Must be some sort of big incentive on that unit. If that's the vehicle you want, I definitely would not pass it up.

malamar

Hi, any feedback on the lease offer below would be appreciated::

MSRP: $76270
Suburban LTZ
Luxury Pkg
Nav
Bucket Seats


Sale price: $65500
OR no sales tax
Miles per year: 12k
36 months / $4,300 trade in

What would money factor be and Residual %?

Thanks in advance.

Michaell

malamar said:

Hi, any feedback on the lease offer below would be appreciated::

MSRP: $76270
Suburban LTZ
Luxury Pkg
Nav
Bucket Seats


Sale price: $65500
OR no sales tax
Miles per year: 12k
36 months / $4,300 trade in

What would money factor be and Residual %?

Thanks in advance.

36/12 on 2016 Suburban LTZ is .00152 and 58%

Using your prices, I get $757/mo.

How is the trade equity being used?

malamar

I would apply it to the sale price of vehicle.

Michaell

malamar said:

I would apply it to the sale price of vehicle.

We don't recommend that; if the car is stolen or totaled, you lose that money.

Pay the non-taxable fees up front with the equity, and have the dealer cut you a check for the balance.

malamar

Good thinking. Thank you.