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Comments
$1000 lease cash
$750 loyalty/conquest
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$1000 lease cash
$750 loyalty/conquest
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Thanks!!!
$1250 lease cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks
$1250 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00076 MF and 62% residual
$1250 lease cash
The $1250 lease cash is dealer incentive. Use your knowledge of it, to set your target selling price
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Also, they quoted me with a 0.59 residual value on a RDX AWD with technology package, is that a mistake on their end? What should I tell them?
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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
NY Suffolk County tax = 8.625
Term= 36 mo/ 12k miles
MSRP = $44,660
Vehicle Cost = $42,821
Vehicle Profit = ($1000)
Total Selling Price = $41,821
Acquisition fee = $595
Capital Cost = $42416
Capped Taxes = $1694.11
Total Capital Cost = $44110.11
Residual = 59%
Retentiom Rate = .00076
$0 down
$546.90/month (first month is waived)
I am thinking they can do better on the Capital Cost.....any advice?
You are getting just over 6% off sticker. Not sure how much more room there is to negotiate, but it can never hurt to try.
My calculations are within .25 of the dealer quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I use a home grown lease calculator - you can build your own using this link:
https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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$1250 lease cash + $750 Conquest/Loyalty
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38,010 MSRP
35,918.25 cap cost
23566 residual (0.62)
0.00076 MF
8.15% tax (NV)
Fees (aqui, doc, title) were around 1500 rolled in the lease
Is this a good deal?
Relative to MSRP, looks good. Congrats!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1250 lease cash + $750 Conquest/Loyalty
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$1250 lease cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks
$1250 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is the RV lower on 39/12 and 39/15?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP $41,710
36/12k
59% RV, MF .00076
Qualified for $1250 lease cash and $750 conquest cash
After fees, tax, etc.....$463 month
Only money out of pocket was 1st month's payment.
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$1250 lease cash
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MSRP + add-ons (dealer installed): 43,160+794
Cap: 39600
Acq+tag+doc: 1287 (598+94+595)
Adj. cap: 40887
Residual (60% of MSRP) = 25,896
MF = 0.00076
Being offered: $0 down + $496.39 per month
I tried to get the lease cash ($1250) in addition to the price, but they are not willing to apply it. Is this a good deal? Does the payment look right?
Also, Edmunds calculator for these numbers show $481. Am I missing something?
Thanks for answers in advance!
With your MSRP and cap cost, I get $467/mo plus tax.
Likely the $1250 is bundled into the offered price.
And, you pay for 100% of the dealer installed accessories, which adds $22/mo to the pre-tax payment
What is the tax rate?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The tax rate is 3% in NC. The $496.39 also includes the per month tax payments.
Does this look like a good deal?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$481 is exactly what I expected and calculated.
You are right, they are probably amortizing the cost of the accessories over the price of the vehicle --- this seems wrong to me.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks again for your help in understanding this!
Finally, do you think this is a good deal? Or can I negotiate the price some more?
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