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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
And, ask for a bigger discount... just to see what happens.
Also, the tax is calculated and paid upfront, then added to the CAP cost. That will slightly change the calculations, though not by much.
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Also, I used the MSRP that reflects MSRP + addons ("net total"), even though there is a "total suggested price" that is $1k higher ($46,545). I figured the former is the more accurate view.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The MSRP would be the $46.5k, not the $45.5k?
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Looking at MF and residual 2017 X3 Xdrive 28i vs xdrive35i
Need 30,000k/ 36 months
Only really need navigation and camera, though not against heated front seats and heads-up display. Will be trading in a 535 lease
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Check with your dealer for details.
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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
2017 Bmw x3
10k/36 month
msrp 45995,
cap cost 37395 (it is a loaner car)
58% residual percentage
24611 residual value
monthly payment $572 with 1500 down payment
I leave in Chicago IL
is the monthly payment correct because it seems very high to me?
Thank you
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
How many miles does the car have on it? The residual value depends on that. The base 36/10 residual is 64%.
You may be able to get a bigger discount from sticker, because of the miles.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
With an MSRP of $45,995, that works out to (27,597 - (8900 * .25)) = 25,372
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I’m asking you because I don’t trust them
thanks
Here's my calculations on a new black X3 (Option 1 of 2)
MSRP 51,145.00
Miles/yr 12k
Residual 63%
Residual Total 32,221.35
Cap Cost 44,933.00
Discount from MSRP 6,212.00
Percentage Discount 12.15%
Monthly Payment
Cap Cost 44,933.00
Residual 32,221.35
Depreciation 12,711.65
Term 36
Depr per month 353.10
Net cap + residual 77,154.35
Money Factor 0.00162 (dealer provided me this)
Money Factor payment portion 124.99
Dep + money factor (monthly payment) 478.09
Sales tax 1.07275 (NJ .6875 plus .4 lux, which the dealer offer sheet notes)
Monthly Payment including tax $512.87
I have 5 payments left on my current lease, 3 of which will be waived, 2 of which I am still on the hook for, and that totals $1021. If you divide that by 36 months, it's $28.36 per month, which brings the adjusted total to $541.23.
The offer sheet from the dealer (which I pulled some info from for the calculatiions) shows:
MSRP: 51145
Dealer discount and rebate: 6212
Vehicle Price: 44933
1700 down - 569.48
2700 down - 539.13
So all in, total all in cost is $21632 at $1700 down. I assume the $1700 is the tags, acquisition, and whatever other random BS they build into that.
-----
(Option 2 of 2)
Having said all that, another dealer is offering me the option to lease a demo silver X3 with a higher original MSRP (more options). I did not get the money factor from them, but I assumed they are both using .00162.
MSRP 53,995.00
Miles/yr 12k
Residual 63%
Residual Value 34,016.85
Cap Cost 47,700.00
Discount from MSRP 6,295.00
Percentage Discount 11.66% (interestingly enough, the discount percentage is smaller on the 3300 mile demo than it is on the new one)
Monthly Payment
Cap Cost 47,700.00
Residual 34,016.85
Depreciation 13,683.15
Term 36
Depr per month 380.09
Net cap + residual 81,716.85
Money Factor 0.00162
Money Factor payment portion 132.38
Dep + money factor (monthly payment) 512.47
Sales tax 1.07275
Monthly Payment including tax 549.75
In this case, the dealer sheet shows me 2000 down, 548.45 a month. Total cost of $21195.75
-----
What do you think? Do these numbers look good or am I getting taken for a ride? Should I be saving more on the 3300 mile demo? Which deal looks better? Interestingly, the dealer with the new black X3 showing a 2500 rebate, while the dealer with the demo silver X3 showing 1000 rebate. Trickery?
All your help is very much appreciated. Probably making a decision this week. Thank you!
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Do you think that's a good deal? 12% off of MSRP (incentives I am sure are part of it), but there is $1021 rolled in from my current lease too to account for in this whole thing.
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.00152 and 64% for 36/10
Get the adjusted cap cost from the dealer; this should clarify things.
Is this an AutoNation dealer?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I will ask about acquisition fee into lease payment and also about adjusted capital cost. How much should the $1500 Loyalty rebate take off any lease payment on avg?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Black Sapphire Metallic
Sand Beige Nevada Leather
Cold Weather Package
Driving Assistance Package
Premium Package 3
Technology Package
MSRP/Retail: $53395.00
Selling Price: $50725.00
Rebate: $1000.00
Total Savings + Rebate: $3670.00
Net Trade: $0.00
Total Due at Signing: $801.37
Total Monthly Payment: $687.94
Residual Value: $33639.00
Gross Cap Cost: $51650.00
MF: .00152
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do you think I could do better % off msrp on the selling price?
Do you think I could do better % off msrp on the selling price?
That's 5% off MSRP. I would shoot for 7%-8%, this late in the model year.
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Can you hold off and reduce or eliminate the negative equity?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I could but I would think that the longer I have the car the less the dealer would pay and I would still have the large gap. I’m selling a 2012 GLK in fair conditin but the neg equity is quite high.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No incentive info.
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We would be turning in a 2015 X1 lease 5 months early.
I'm new to this so looking for help if this is a good deal or what questions I should ask the dealer at this point to get more information. Thanks in advance.
2. .00152 and 64%, less $1200 for the loaner miles
3. Ask the dealer for the adjusted cap cost
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2. How is the $1200 for the loaner miles applied? (is that reduced from the residual value?)
3. The adjusted cap cost was provided at $36,895.
2. Yes, the $1200 is reduced from the calculated residual.
What is the breakdown of the $1500 due at signing?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: 54295
Discount: 5995
Selling Price: 48300
Doc Fee 199
Acquisition: 925
Cap Cost 49425.25
MF .00152
RV 62%
7% taxes
they gave me a payment plus taxes of 630 but when I calculate this i am getting closer to 600
Also, should I be asking for a bigger discount on this?
Thanks!