Hi there! Looking for the MF and residual on a 36/15k on the 2017!RDX Advance Package in MD. Also any incentives like lease cash or loyalty (I currently lease a 2015 RDX that I would be swapping out here). Thanks in advance!
.00076 MF and 57% residual $1250 lease cash $750 loyalty
After getting told by 5 dealerships that they cannot or won't do any better, I finally settled on $469 per month for 35 months, 0 down. 2017 RDX advance, with splash guards, wheel locks, cargo tray and nitrogen. 36 months/10K. NC. Hope this helps someone!
After getting told by 5 dealerships that they cannot or won't do any better, I finally settled on $469 per month for 35 months, 0 down. 2017 RDX advance, with splash guards, wheel locks, cargo tray and nitrogen. 36 months/10K. NC. Hope this helps someone!
Looking at a fwd RDX Tech sticker 40210 with nitrogen tires cargo tray wheel locks add ons of 1250 which I am trying to negotiate out of. Dealer down to 1500 oop covering inceptions and $415/mo out the door with 6% tax in the payment. They are using 60% residual and .00076 MF. Not sure I can do so better. Thoughts ?
Looking at a fwd RDX Tech sticker 40210 with nitrogen tires cargo tray wheel locks add ons of 1250 which I am trying to negotiate out of. Dealer down to 1500 oop covering inceptions and $415/mo out the door with 6% tax in the payment. They are using 60% residual and .00076 MF. Not sure I can do so better. Thoughts ?
I confirm the MF and residual.
What is the adjusted cap cost? That, more than anything, will determine the lease payment.
Received the following in MI on 36 months / 10K miles for the Advanced package:
MSRP: $44,600 (older stock? Price includes destination fee) Cap: $41,600 Adjusted Cap: $41,455 (-$750 for conquest & +$595 for acquisition fee) MF: 0.00076 Residual: $26,796 Payment: $458.78 + tax ($486.31) $0 down
All the numbers look correct, but would like to get into the $450-460 range with tax. Is this in the realm of possibility? Just want to check if my expectations are realistic if I shop around.
Received the following in MI on 36 months / 10K miles for the Advanced package:
MSRP: $44,600 (older stock? Price includes destination fee) Cap: $41,600 Adjusted Cap: $41,455 (-$750 for conquest & +$595 for acquisition fee) MF: 0.00076 Residual: $26,796 Payment: $458.78 + tax ($486.31) $0 down
All the numbers look correct, but would like to get into the $450-460 range with tax. Is this in the realm of possibility? Just want to check if my expectations are realistic if I shop around.
Every $1000 off the adjusted cap is about $28/mo off the payment, pre-tax.
If you can get them to come down in price $1000, you'll hit your target.
Need some help. Can't decide if its an okay deal. Base 2017 RDX. Market Value - $37,250 Dealer Discount - $4,290 Vehicle Price - $32,968 Residual Value - $22,636 Cash Down - $750 36/10K - $384 a month (With all Fees And taxes)
Need some help. Can't decide if its an okay deal. Base 2017 RDX. Market Value - $37,250 Dealer Discount - $4,290 Vehicle Price - $32,968 Residual Value - $22,636 Cash Down - $750 36/10K - $384 a month (With all Fees And taxes)
61% and .00119.
$1000 dealer cash and $1500 bonus lease cash, which means you are only getting about $1800 off sticker.
I get $329/mo before tax with those numbers.
Confirm the adjusted cap cost - likely to be higher than the selling price. Find out what's been added.
Need some guidance. I am very new to the lease game. Got a quote from dealer for Acura RDX Tech package 2017. It seems very high for me cause some folks at work had got a deal some time ago which was for same car at 3k down and 360/ mo including CA tax.
What i am being given is:
40010 Price 3816.78 dealer discount sale price 36193 taxes fees registration doc fees etc including 40000
cash due 4k and 385/mo some how seems very high to me.
i am also evaluating a high end CRV so may be will post CRV question on the CRV thread.
Pls do help guide on what i can do to bring it to the 3k and 360/mo including taxes.
Need some guidance. I am very new to the lease game. Got a quote from dealer for Acura RDX Tech package 2017. It seems very high for me cause some folks at work had got a deal some time ago which was for same car at 3k down and 360/ mo including CA tax.
What i am being given is:
40010 Price 3816.78 dealer discount sale price 36193 taxes fees registration doc fees etc including 40000
cash due 4k and 385/mo some how seems very high to me.
i am also evaluating a high end CRV so may be will post CRV question on the CRV thread.
Pls do help guide on what i can do to bring it to the 3k and 360/mo including taxes.
First, CA doesn't tax the selling price, just the monthly payment.
Ask the dealer for the adjusted cap cost, and how they got to that number from the sale price.
Also, what does the $4000 at signing cover?
What lease term and how many miles per year are you looking for?
This deal is for a FWD Advance, 36/10 in Florida. MSRP 43295 Purchase price 39400
Dealer is stating: 59% residual and 0.00119 MF (both look correct from what I read on these threads) $2097 Cap Cost Reduction ( I know it is not recommended) Fees= $1267 (Doc 699.95, Reg 400, Lic 98.75, Rental Surcharge 60, Tire 5, Batt 1.5 and Lemon law 2)
Fees + Cap Reduction total $4000 which is the total out the door.
Payment of $448.78 which includes $27.39 in taxes.
This deal is for a FWD Advance, 36/10 in Florida. MSRP 43295 Purchase price 39400
Dealer is stating: 59% residual and 0.00119 MF (both look correct from what I read on these threads) $2097 Cap Cost Reduction ( I know it is not recommended) Fees= $1267 (Doc 699.95, Reg 400, Lic 98.75, Rental Surcharge 60, Tire 5, Batt 1.5 and Lemon law 2)
Fees + Cap Reduction total $4000 which is the total out the door.
Payment of $448.78 which includes $27.39 in taxes.
Any advice on this would be greatly appreciated.
I get $401.34/mo plus tax. Looks to be about $18/mo. short of your quote. I'll assume that it's the $595 acquisition fee added to the CAP cost, as that isn't included in your upfront money.
$3900 isn't a huge discount, considering the $2750 of incentives on this vehicle, plus the $700 doc fee.
i got more details from dealer: RDX Tech 2017 36/10, San Francisco, 0.00119
MSRP 40010 MSRP After discount 39070 total residual 23605 (i also see some numbers like residual 56 and bump residual 3) - dint understand whats bump residual cost 37476 - profit 1283.30 total selling price 36193.22 aq fees 595 (model is in stock) cap reduction 2876.12 cap cost 33912.10
tax breakdown upfront (i dint understand why like this) 177.37 (6), 36.95 (1.25) and 36.95 (1.25) Fee: 80+306+20+24+8.75+29+20
amt due at signing: 384.87 first month + 487.75 fees and insurance + upfront taxes 251.27 + cap red 2876.12 = 4000
base payment 354.73+ 21.28 + 4.43+4.43 = 384.87
Do you see any room for optimization? what else can i work with the dealer on.
i got more details from dealer: RDX Tech 2017 36/10, San Francisco, 0.00119
MSRP 40010 MSRP After discount 39070 total residual 23605 (i also see some numbers like residual 56 and bump residual 3) - dint understand whats bump residual cost 37476 - profit 1283.30 total selling price 36193.22 aq fees 595 (model is in stock) cap reduction 2876.12 cap cost 33912.10
tax breakdown upfront (i dint understand why like this) 177.37 (6), 36.95 (1.25) and 36.95 (1.25) Fee: 80+306+20+24+8.75+29+20
amt due at signing: 384.87 first month + 487.75 fees and insurance + upfront taxes 251.27 + cap red 2876.12 = 4000
base payment 354.73+ 21.28 + 4.43+4.43 = 384.87
Do you see any room for optimization? what else can i work with the dealer on.
Not sure what "MSRP after discount" could possibly mean. We'll just ignore that. 56% residual is for standard mileage of 15K/yr. 3% bump is because of 10K/yr actual (59% residual total) $36,193 selling price is about $3800 under MSRP. There is $2750 of incentives on this vehicle, so that's only about a $1000 discount. Acquisition fee goes to the bank on a lease. Doesn't matter if it's on the lot, or not. Upfront tax is tax on your CAP reduction. It's broken down, probably for state, county and city taxes. (same with the tax on the payment).
The only place to save money here is to negotiate a lower selling price.
Also, there is no requirement to make a big CAP reduction. You could just pay the first month's payment + fees and roll that CAP reduction back into the payment. That would make the payment $438.03+tax = $475.26 Due at signing would be $475.26 + $487.75 = $963.01
But, try negotiating a lower selling price. They have an easy $1000 more that they could come down.
1) does acura cover maintenance for first 2/3 years like toyota? or its paid 2) with the help of michaell and friends i signed a lease today. one passing mention the finance guy said was that, your current monthly is 360 pm. however, since you r first time buyer it may change to 384. so i told him its a hard no go for me above 360 and thats it. so he said fine and we signed it at 360 pm on lease. however, wanted to know if he can change that later and increase above 360 afterwards?
1) does acura cover maintenance for first 2/3 years like toyota? or its paid 2) with the help of michaell and friends i signed a lease today. one passing mention the finance guy said was that, your current monthly is 360 pm. however, since you r first time buyer it may change to 384. so i told him its a hard no go for me above 360 and thats it. so he said fine and we signed it at 360 pm on lease. however, wanted to know if he can change that later and increase above 360 afterwards?
1. I don't believe Acura has an included maintenance plan 2. It's still possible, if Acura finance kicks back the lease paperwork. If you do not have an established auto loan credit history, you may not qualify for the top tier MF
1) does acura cover maintenance for first 2/3 years like toyota? or its paid 2) with the help of michaell and friends i signed a lease today. one passing mention the finance guy said was that, your current monthly is 360 pm. however, since you r first time buyer it may change to 384. so i told him its a hard no go for me above 360 and thats it. so he said fine and we signed it at 360 pm on lease. however, wanted to know if he can change that later and increase above 360 afterwards?
^^^ yes I took delivery. Should I have not taken it ?
He did my cc score and it was 732 according to his calculation and the only issue he sees is the lack of auto loan history. So I told him that it's unacceptable for me to go with a higher pm. So I said resolve what you want now before we sign the lease. So he did something on his computer and he said "you are good" so then again we asked before we left his office that - hope we won't get any unpleasant surprises and he said no you are ok. But he was very very sleazy so by the end of the process I had a massive lack of trust for him cause he kept selling us stuff and telling scary stories on accidents and wear and tear and not letting us relax and sign.
Hence I asked can he / they change things later. We paid the down payment (total 3 k) that was agreed and that included first month deposit. Then took the delivery.
Its my first time leasing a car and hence am sorry if I am coming out naive. (I am naive on this)
^^^ yes I took delivery. Should I have not taken it ?
He did my cc score and it was 732 according to his calculation and the only issue he sees is the lack of auto loan history. So I told him that it's unacceptable for me to go with a higher pm. So I said resolve what you want now before we sign the lease. So he did something on his computer and he said "you are good" so then again we asked before we left his office that - hope we won't get any unpleasant surprises and he said no you are ok. But he was very very sleazy so by the end of the process I had a massive lack of trust for him cause he kept selling us stuff and telling scary stories on accidents and wear and tear and not letting us relax and sign.
Hence I asked can he / they change things later. We paid the down payment (total 3 k) that was agreed and that included first month deposit. Then took the delivery.
Its my first time leasing a car and hence am sorry if I am coming out naive. (I am naive on this)
Well... if he comes back and says your credit score means a payment of $384/mo, what are you going to do?
I am worried about it and have not stopped thinking for it (not for a minute) - do I have any recourse in a standard lease?
Also just to clarify:
1) the lease paperwork was done by Acura finance guy who sits at the Acura dealership not the sales person. He is the one who said is 732 and I shld be good but only problem is my no loan history. He is also the one who agreed that a change won't be made post my push (but that was verbal) 2) The sales person only gave the initial agreement and sent me to the finance guy and said that is a different department and I will deal with them 3) however, my assumption is that the paperwork will further go to their / finance office for review and approval?
can he / they still change it? And if so am assuming that can happen to anyone right? Cause if the finance guy who sits in the dealership is not the authority than how would that be different for folks who buy cars on weekends when these finance guys are the only ones working. They can always try and change that for other buyers as well right? Sorry again for my too many ifs and what ifs.
I am worried about it and have not stopped thinking for it (not for a minute) - do I have any recourse in a standard lease?
Also just to clarify:
1) the lease paperwork was done by Acura finance guy who sits at the Acura dealership not the sales person. He is the one who said is 732 and I shld be good but only problem is my no loan history. He is also the one who agreed that a change won't be made post my push (but that was verbal) 2) The sales person only gave the initial agreement and sent me to the finance guy and said that is a different department and I will deal with them 3) however, my assumption is that the paperwork will further go to their / finance office for review and approval?
can he / they still change it? And if so am assuming that can happen to anyone right? Cause if the finance guy who sits in the dealership is not the authority than how would that be different for folks who buy cars on weekends when these finance guys are the only ones working. They can always try and change that for other buyers as well right? Sorry again for my too many ifs and what ifs.
The finance guy submits the paperwork to Acura Finance; AFS then review the package and make the final decision about the credit history (or lack thereof) and whether they can accept the documents as presented.
If AFS reject it, they'll instruct the finance guy to rewrite the paperwork with the higher payment, and ask you to resign the new contract.
This is standard procedure for all brands - even though you've signed the paperwork and taken delivery, the deal is not "done" until the bank (AFS) approves it. This is known as a "spot" delivery, and the problem it puts you in is that you've shown your new pride and joy to friends and family, When the dealership calls to have you resign the paperwork with a higher payment, most folks will often sign the new documents out of embarrassment.
Better to not take delivery until everything is finalized and approved.
can I give the car back to them without any penalty - if they increase the rate. I have no pride and joy on this. It was replacement vehicle on a total loss in an accident I will not be shy to give it back to them if it boils down to that.
can I give the car back to them without any penalty - if they increase the rate. I have no pride and joy on this. It was replacement vehicle on a total loss in an accident I will not be shy to give it back to them if it boils down to that.
If they change the terms of the contract, you are free to reject those terms and unwind the entire deal.
^^^ thanks Michael. also if the deal falls through / and let's say I am ok for them to take the car. do I lose tax I paid on the down, registration fees, tire fees, doc fees and any other fees that were paid?
^^^ thanks Michael. also if the deal falls through / and let's say I am ok for them to take the car. do I lose tax I paid on the down, registration fees, tire fees, doc fees and any other fees that were paid?
If the deal is unwound, you should get all that money back.
It's as if the deal never happened. You don't get the car, they don't get the money.
^^^ thanks Michael. also if the deal falls through / and let's say I am ok for them to take the car. do I lose tax I paid on the down, registration fees, tire fees, doc fees and any other fees that were paid?
If the deal is unwound, you should get all that money back.
It's as if the deal never happened. You don't get the car, they don't get the money.
^^^ thanks Michael. also if the deal falls through / and let's say I am ok for them to take the car. do I lose tax I paid on the down, registration fees, tire fees, doc fees and any other fees that were paid?
If the deal is unwound, you should get all that money back.
It's as if the deal never happened. You don't get the car, they don't get the money.
The key word here is: should
1) i believe you are saying, they have an option (legal option / right) to not return the down, registration, fees, taxes etc? or just that there is a possibility they wont. 2) i paid the down by my visa cc, hopefully they will protect me when i show the lease that the dealer signed with me. (as a last resort) 3) also any idea by when will they know if AFS kicked back / rejected the lease agreed rate? this was booked at 4ish pm PST on friday. Basically trying to understand when i can proactively contact them to know what my lease approval status would be so i know where all of this stands and as i see it, there possibly would be no way to know that other than from the dealer.
^^^ thanks Michael. also if the deal falls through / and let's say I am ok for them to take the car. do I lose tax I paid on the down, registration fees, tire fees, doc fees and any other fees that were paid?
If the deal is unwound, you should get all that money back.
It's as if the deal never happened. You don't get the car, they don't get the money.
The key word here is: should
1) i believe you are saying, they have an option (legal option / right) to not return the down, registration, fees, taxes etc? or just that there is a possibility they wont. 2) i paid the down by my visa cc, hopefully they will protect me when i show the lease that the dealer signed with me. (as a last resort) 3) also any idea by when will they know if AFS kicked back / rejected the lease agreed rate? this was booked at 4ish pm PST on friday. Basically trying to understand when i can proactively contact them to know what my lease approval status would be so i know where all of this stands and as i see it, there possibly would be no way to know that other than from the dealer.
I'd be proactive and contact the dealer tomorrow to check the status. Squeaky wheel gets the grease, etc.
thank u - u are so kind and generous and patient with all the help you are extending. I will try to contact the dealer tomorrow. Just one last question, I am also assuming that I will have to rely on his verbal yes or no and there is no other special document / written proof that comes at this stage / when AFS approves someone's loan. Just making sure that if (hopefully) he responds a "yes AFS cleared you", do I just take him for his word or some document / proof is needed / comes from AFS at this stage.
thank u - u are so kind and generous and patient with all the help you are extending. I will try to contact the dealer tomorrow. Just one last question, I am also assuming that I will have to rely on his verbal yes or no and there is no other special document / written proof that comes at this stage / when AFS approves someone's loan. Just making sure that if (hopefully) he responds a "yes AFS cleared you", do I just take him for his word or some document / proof is needed / comes from AFS at this stage.
If the deal went through, you'll have an account with AFS set up .. you should be able to contact them directly and get your account number and information.
hello, let me know where I should be in payment. Have a pending Florida deal. 2017 RDX Advance for 36/12...
MSRP 42,320 CapCost 37,520 using Acura Finance current residual and money factor with 3,500 out of pocket to start the monthly payment is $451 tax in. Seems too high. ? Where should I be ? Help....
hello, let me know where I should be in payment. Have a pending Florida deal. 2017 RDX Advance for 36/12...
MSRP 42,320 CapCost 37,520 using Acura Finance current residual and money factor with 3,500 out of pocket to start the monthly payment is $451 tax in. Seems too high. ? Where should I be ? Help....
58% and .00119
$1250 dealer cash and $1500 bonus lease cash, which means your actual discount from sticker is only about $2K
With those prices, I get $434/mo before tax.
Some of that $3500 is going to cap reduction, which we do not recommend.
Limit the up front cash to the first payment and DMV costs - roll the fees into the lease.
hello, let me know where I should be in payment. Have a pending Florida deal. 2017 RDX Advance for 36/12...
MSRP 42,320 CapCost 37,520 using Acura Finance current residual and money factor with 3,500 out of pocket to start the monthly payment is $451 tax in. Seems too high. ? Where should I be ? Help....
58% and .00119
$1250 dealer cash and $1500 bonus lease cash, which means your actual discount from sticker is only about $2K
With those prices, I get $434/mo before tax.
Some of that $3500 is going to cap reduction, which we do not recommend.
Limit the up front cash to the first payment and DMV costs - roll the fees into the lease.
so is your $434 figure still factoring in my $3500 down OR just using current Acura lease/dealer cash. I do not want to put that much down
in my lease section: there is a row 13: that says you will be during your lease liable to pay title / license / registration / official fees/ and tax etc whether paid during lease signing or during the course of lease or any that are liable to post termination / completion of lease.
we estimate these to be 2230.13
am assuming these are the same taxes that i pay on per month and also on other fees that are included in down payment. however i am unable to pin down how they came to the 2230.13 number. i will talk to them but wanted to know what i am missing in this calculation.
the several line items i see are: initial taxes 175.57 per month tax would be 28.96 x 36 (i believe?) initial registration 335 doc 80 electronic vehicle transfer 29 tire 7 doc tax 7 lease turn in fee 350 aq fee 595
Comments
$1250 lease cash
$750 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is the adjusted cap cost? That, more than anything, will determine the lease payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $44,600 (older stock? Price includes destination fee)
Cap: $41,600
Adjusted Cap: $41,455 (-$750 for conquest & +$595 for acquisition fee)
MF: 0.00076
Residual: $26,796
Payment: $458.78 + tax ($486.31)
$0 down
All the numbers look correct, but would like to get into the $450-460 range with tax. Is this in the realm of possibility? Just want to check if my expectations are realistic if I shop around.
If you can get them to come down in price $1000, you'll hit your target.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But, we would need to know the MSRP and selling price, plus the state and tax rate, to know for sure.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Market Value - $37,250
Dealer Discount - $4,290
Vehicle Price - $32,968
Residual Value - $22,636
Cash Down - $750
36/10K - $384 a month (With all Fees And taxes)
$1000 dealer cash and $1500 bonus lease cash, which means you are only getting about $1800 off sticker.
I get $329/mo before tax with those numbers.
Confirm the adjusted cap cost - likely to be higher than the selling price. Find out what's been added.
Also, what state and tax rate is this?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
3.75%/2.50%
If I add those taxes to the $329 I get close to $384.
Am I missing something?
Thanks for your help.
check the cap cost with the dealer
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 RDX Tech or Advance with 36/12k lease
This is for So. California
$1250 dealer cash and $1500 bonus lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Need some guidance. I am very new to the lease game. Got a quote from dealer for Acura RDX Tech package 2017. It seems very high for me cause some folks at work had got a deal some time ago which was for same car at 3k down and 360/ mo including CA tax.
What i am being given is:
40010 Price
3816.78 dealer discount
sale price 36193
taxes fees registration doc fees etc including 40000
cash due 4k and 385/mo
some how seems very high to me.
i am also evaluating a high end CRV so may be will post CRV question on the CRV thread.
Pls do help guide on what i can do to bring it to the 3k and 360/mo including taxes.
Ask the dealer for the adjusted cap cost, and how they got to that number from the sale price.
Also, what does the $4000 at signing cover?
What lease term and how many miles per year are you looking for?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
This deal is for a FWD Advance, 36/10 in Florida.
MSRP 43295
Purchase price 39400
Dealer is stating: 59% residual and 0.00119 MF (both look correct from what I read on these threads)
$2097 Cap Cost Reduction ( I know it is not recommended)
Fees= $1267 (Doc 699.95, Reg 400, Lic 98.75, Rental Surcharge 60, Tire 5, Batt 1.5 and Lemon law 2)
Fees + Cap Reduction total $4000 which is the total out the door.
Payment of $448.78 which includes $27.39 in taxes.
Any advice on this would be greatly appreciated.
I'll assume that it's the $595 acquisition fee added to the CAP cost, as that isn't included in your upfront money.
$3900 isn't a huge discount, considering the $2750 of incentives on this vehicle, plus the $700 doc fee.
I'd want a bigger discount.
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i got more details from dealer: RDX Tech 2017
36/10, San Francisco, 0.00119
MSRP 40010
MSRP After discount 39070
total residual 23605 (i also see some numbers like residual 56 and bump residual 3) - dint understand whats bump residual
cost 37476
- profit 1283.30
total selling price 36193.22
aq fees 595 (model is in stock)
cap reduction 2876.12
cap cost 33912.10
tax breakdown upfront (i dint understand why like this) 177.37 (6), 36.95 (1.25) and 36.95 (1.25)
Fee: 80+306+20+24+8.75+29+20
amt due at signing: 384.87 first month + 487.75 fees and insurance + upfront taxes 251.27 + cap red 2876.12 = 4000
base payment 354.73+ 21.28 + 4.43+4.43 = 384.87
Do you see any room for optimization? what else can i work with the dealer on.
56% residual is for standard mileage of 15K/yr. 3% bump is because of 10K/yr actual (59% residual total)
$36,193 selling price is about $3800 under MSRP. There is $2750 of incentives on this vehicle, so that's only about a $1000 discount.
Acquisition fee goes to the bank on a lease. Doesn't matter if it's on the lot, or not.
Upfront tax is tax on your CAP reduction. It's broken down, probably for state, county and city taxes. (same with the tax on the payment).
The only place to save money here is to negotiate a lower selling price.
Also, there is no requirement to make a big CAP reduction. You could just pay the first month's payment + fees and roll that CAP reduction back into the payment.
That would make the payment $438.03+tax = $475.26
Due at signing would be $475.26 + $487.75 = $963.01
But, try negotiating a lower selling price. They have an easy $1000 more that they could come down.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
1) does acura cover maintenance for first 2/3 years like toyota? or its paid
2) with the help of michaell and friends i signed a lease today. one passing mention the finance guy said was that, your current monthly is 360 pm. however, since you r first time buyer it may change to 384. so i told him its a hard no go for me above 360 and thats it. so he said fine and we signed it at 360 pm on lease.
however, wanted to know if he can change that later and increase above 360 afterwards?
2. It's still possible, if Acura finance kicks back the lease paperwork. If you do not have an established auto loan credit history, you may not qualify for the top tier MF
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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He did my cc score and it was 732 according to his calculation and the only issue he sees is the lack of auto loan history. So I told him that it's unacceptable for me to go with a higher pm. So I said resolve what you want now before we sign the lease. So he did something on his computer and he said "you are good" so then again we asked before we left his office that - hope we won't get any unpleasant surprises and he said no you are ok. But he was very very sleazy so by the end of the process I had a massive lack of trust for him cause he kept selling us stuff and telling scary stories on accidents and wear and tear and not letting us relax and sign.
Hence I asked can he / they change things later.
We paid the down payment (total 3 k) that was agreed and that included first month deposit.
Then took the delivery.
Its my first time leasing a car and hence am sorry if I am coming out naive. (I am naive on this)
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Also just to clarify:
1) the lease paperwork was done by Acura finance guy who sits at the Acura dealership not the sales person. He is the one who said is 732 and I shld be good but only problem is my no loan history. He is also the one who agreed that a change won't be made post my push (but that was verbal)
2) The sales person only gave the initial agreement and sent me to the finance guy and said that is a different department and I will deal with them
3) however, my assumption is that the paperwork will further go to their / finance office for review and approval?
can he / they still change it? And if so am assuming that can happen to anyone right? Cause if the finance guy who sits in the dealership is not the authority than how would that be different for folks who buy cars on weekends when these finance guys are the only ones working. They can always try and change that for other buyers as well right?
Sorry again for my too many ifs and what ifs.
If AFS reject it, they'll instruct the finance guy to rewrite the paperwork with the higher payment, and ask you to resign the new contract.
This is standard procedure for all brands - even though you've signed the paperwork and taken delivery, the deal is not "done" until the bank (AFS) approves it. This is known as a "spot" delivery, and the problem it puts you in is that you've shown your new pride and joy to friends and family, When the dealership calls to have you resign the paperwork with a higher payment, most folks will often sign the new documents out of embarrassment.
Better to not take delivery until everything is finalized and approved.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
can I give the car back to them without any penalty - if they increase the rate. I have no pride and joy on this. It was replacement vehicle on a total loss in an accident
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
also if the deal falls through / and let's say I am ok for them to take the car. do I lose tax I paid on the down, registration fees, tire fees, doc fees and any other fees that were paid?
It's as if the deal never happened. You don't get the car, they don't get the money.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2) i paid the down by my visa cc, hopefully they will protect me when i show the lease that the dealer signed with me. (as a last resort)
3) also any idea by when will they know if AFS kicked back / rejected the lease agreed rate? this was booked at 4ish pm PST on friday. Basically trying to understand when i can proactively contact them to know what my lease approval status would be so i know where all of this stands and as i see it, there possibly would be no way to know that other than from the dealer.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
thank u - u are so kind and generous and patient with all the help you are extending. I will try to contact the dealer tomorrow. Just one last question, I am also assuming that I will have to rely on his verbal yes or no and there is no other special document / written proof that comes at this stage / when AFS approves someone's loan. Just making sure that if (hopefully) he responds a "yes AFS cleared you", do I just take him for his word or some document / proof is needed / comes from AFS at this stage.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 RDX Advance for 36/12...
MSRP 42,320
CapCost 37,520
using Acura Finance current residual and money factor with 3,500 out of pocket to start the monthly payment is $451 tax in. Seems too high. ? Where should I be ? Help....
$1250 dealer cash and $1500 bonus lease cash, which means your actual discount from sticker is only about $2K
With those prices, I get $434/mo before tax.
Some of that $3500 is going to cap reduction, which we do not recommend.
Limit the up front cash to the first payment and DMV costs - roll the fees into the lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
in my lease section: there is a row 13: that says you will be during your lease liable to pay title / license / registration / official fees/ and tax etc whether paid during lease signing or during the course of lease or any that are liable to post termination / completion of lease.
we estimate these to be 2230.13
am assuming these are the same taxes that i pay on per month and also on other fees that are included in down payment. however i am unable to pin down how they came to the 2230.13 number. i will talk to them but wanted to know what i am missing in this calculation.
the several line items i see are:
initial taxes 175.57
per month tax would be 28.96 x 36 (i believe?)
initial registration 335
doc 80
electronic vehicle transfer 29
tire 7
doc tax 7
lease turn in fee 350
aq fee 595
numbers dont seem to be adding up to 2230.13