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Comments
Looks like you did a great job!
I agree with the dealer about the incentives.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$3250 incentive
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Also, in your experience, will the lease incentives, mf, and residual get better for the 2017 models for oct - December?
selling price $45,435
12,000/36
$3000 trade
$3000 cap cost reduction
Net cap cost $42,540
residual value$28.804
payment: $420
Perhaps in October.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Have the dealer cut you a check for the trade equity.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
My current lease is for 39 mos / 10,833 mi.
This lease will be ending 12/30/17. I've only used 23,350 miles so I'm assuming this should guarantee me some positive equity.
My October payment was just made and I have two more payments left. I also have the last property tax bill to pay. I plan to have these bills paid early so that when I go to re-lease a new vehicle these will have been paid and no money owed on my current lease.
What is the best way to have the car appraised to ensure I am getting an honest and adequate appraisal? Is the dealer the only option for getting an appraisal?
Thanks.
If there is a CarMax nearby, they will give you a trade in appraisal.
There is also a thread here at Edmunds - "real world trade in values" - with experts ready to tell you what they believe your trade is worth.
And, despite the low miles, there is no guarantee of positive equity. Call the bank you make your lease payment to and ask them for a payoff value.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Yes.., sorry, shoulda been more specific - 39 mos / 10,833 mi. per yr
What is the best way to have the car appraised to ensure I am getting an honest and adequate appraisal? Is the dealer the only option for getting an appraisal? Is it a good idea to have it appraised in multiple dealers?
39 months is 3.25 years... X 10,000 = 32,500 miles
The chances of having positive equity in any lease are slim. I sure wouldn't pay any payments early. That won't make any difference to the dealer. If you have a Carmax nearby, get a bid from them. They'll also call your leasing bank for the payoff.
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2017 Acura MDX Base
2017 Acura MDX Base AWD
2017 Acura MDX FW Technology
Southern California
36 months/7500 miles yr.
RV
MF
Believe the numbers are the same for all trims.... though I recall the AWD & Tech qualified for more lease cash in Sept.???
Thank you in advance.
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$3250 incentive
Either trim
No 2018 numbers.
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Thanks,
Mike
$3250 incentive
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3yr/7500 mile & 10000
2yr/7500 mile & 10000
30 month/7500 & 10000
thanks to everyone. I'm in process of negotiating a sales price. I know lease cash is 3250 right now. Is there also a manufacturer to dealer cash incentive on a purchase?
thanks to all.
Would you mind posting the RV and MF for a 2017 MDX SH AWD and a 2017 MDX SH AWD TECH for 37212?
Preferably 36/12K but not sure if that will be the term.
Thanks!
24/30/36 10K/yr residual:
62%/59%/56%
Add 1% for 7.5K/yr
$1250 of the $3250 is only for a lease.
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57%/55% residual for Base/Tech
$3000/$3250 incentive for Base/Tech
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monthly w/tax $440
down 3,000
3 year 36k
MSRP $51,435
discount $6,000?
seems since it's only 3rd day of October, many sales are taking easy.
above is the only deal. is it good?
2017 MDX Base Package
2017 Acura MDX Base AWD
Southern California
36 months/7500 miles yr.
RV
MF
Incentive
I've culled thru the other posts and can't find my specs.
Thanks.
$3000 incentive
either model
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I have read all 28 pages to know what lease is and tried to know what a good deal is, but still I am confused. I think it's higher than what it should be.
I am looking for MDX SH-AWD with Technology package, 36 months/ 10000 miles, Oregon (no sale tax) and here is what I got from the dealer:
-Sales price: 52,130.00 (it shouldn't be 51,435?)
- Discount: $4,774.85 (does it include the $3250 incentive)
- Adjusted Sales Price: 47,355.15
- Fees: $423.00
- Net Sale Price: $49,767.15
- Down: $2000
- Lease Payment: $526.38 / month
What other information I need to ask? How can I negotiate more?
Thank you for your consideration.
If you think that's wrong, you need to get a look at the window sticker, as the residual amount is calculated off of that number. Any calculations with the incorrect MSRP would also be incorrect.
I would guess that your discount includes the incentive, but I have no way of knowing. Ask the dealer.
Also, ask the dealer for the adjusted CAP cost.
Until you know the exact numbers, any negotiation is fruitless.
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I will be going in to fight my dealer this week
Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
it was in stock inventory.
MSRP 51435 + 249 for flaps and wheel locks.
i told them I wasn't paying for them and to take them off (which they won't) so they were free.
3yr/10k miles
MF 0.0005
residual 0.56
Sales price 43.6k
then had them add in 750 military cash to make it 42850.
doc fee 589
aquisition 595
zero down/zero cap cost
461/month before taxes. 475 after taxes.
North Carolina.
Thanks to all and best of luck.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $51,435
Sale price: $44,488
Customer Cash: $1,034.89 (First month and DMV)
Residual: $29,317.95
Money Factor: 0.00050
Payment: $512 per month
(Told dealer all I want to pay is $475 per month)
Is this good?
Thanks
Ask the dealer what the adjusted cap cost is for their $512/mo quote.
What is the tax rate?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $49,435
Discount: $7,666
Adjustment price: $41,769
Trade allowance: $16,000
Trade difference: $25,769
Dealer admin fee: $80
Tax: $373.04
Nontax fees: $1,005.75
Net price: $27,227.79
Trade payoff: $10,600
Balance: $37,827.79
$0 down
Monthly payment with taxes $353
Is this good?
Thank you.
MSRP 49,300
Sales Price 44,388
Govt fees 216.50
Proc/Doc fees 1,344.00
Gross cap cost 45,948.49
Cash down 1,500
Net cap cost 45,074.66
Payment 561
I was able to negotiate an addition 500 off the sales price after I got these numbers.
Thoughts?
$3250 lease incentives
I would recommend against using trade equity as cap reduction. Better to have the dealer cut you a check for that equity, and use it to supplement the higher payment you'll have as a result.
Would be good to get an itemization of the "nontax fees" - the acquisition fee is there, but what else?
Using the provided MSRP and "adjustment price", I get a payment of $426/mo before tax.
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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