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Comments
.00152 MF and 61% residual
$2000 lease credit.
At $36K adjusted CAP, $332/mo.
Which state?
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I'd get more than a glimpse of the final sale price.
Also, get the adjusted CAP cost, and ask them to disclose the money factor.
$3300 upfront seems about right for tax, acquisition fee, DMV/doc fees and first payment
But, the payment is way too high, if the numbers you have are accurate.
Most likely, they've marked up the money factor (or, the numbers you have are inaccurate)
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I'd get more than a glimpse of the final sale price.
Also, get the adjusted CAP cost, and ask them to disclose the money factor.
$3300 upfront seems about right for tax, acquisition fee, DMV/doc fees and first payment
But, the payment is way too high, if the numbers you have are accurate.
Most likely, they've marked up the money factor (or, the numbers you have are inaccurate)
Thanks for the information, I'll reach out.
Also received this offer sheet from another dealer for a loaner. I can't seem to make sense of the capital reduction they applied so i'm skeptical overall. The $1000 graduate credit was applied prior to the sale price, and the holiday lease credit, which he says is $3000 shows up all over. Thoughts?
Also, get the adjusted CAP cost, and ask them to disclose the money factor.
$3300 upfront seems about right for tax, acquisition fee, DMV/doc fees and first payment
But, the payment is way too high, if the numbers you have are accurate.
Most likely, they've marked up the money factor (or, the numbers you have are inaccurate)
Thanks for the information, I'll reach out.
Also received this offer sheet from another dealer for a loaner. I can't seem to make sense of the capital reduction they applied so i'm skeptical overall. The $1000 graduate credit was applied prior to the sale price, and the holiday lease credit, which he says is $3000 shows up all over. Thoughts?
Okay... now this makes sense.
Not sure why they listed the grad credit at the top... as it has no effect on selling price, etc.
Looks like both rebates are used at the end to reduce the amount due at signing.
About 15% off MSRP, before applying rebates seems pretty good for a loaner.
This looks like a pretty good deal.
At $392/mo., they are using the base MF of .00152
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2017 demo with 5.5miles X1 black metallic on black, $41kmsrp with premium, cold weather. $1,350 down (1st month and bank). 36mos 10k miles. Registered in NY
Demos with over 5000 miles are usually not that great to lease (4% deduct from the residual plus .25 deduct per mile)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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X1
12k / 36 months in Los Angeles. THANK YOU!
$2000 lease credit
2018 X1 lease thread is here:
https://forums.edmunds.com/discussion/46418/bmw/x1/2018-bmw-x1-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$2000 lease credit
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$2000 lease credit.
Yes, reduce the residual by $1150
36/10 residual is 61%
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$2000 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Oregon/WA Thanks!
$2000 lease credit
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$2000 lease credit
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$2000 lease credit.
It's an incentive to make the 2017 cheaper to lease than the 2018.
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2017 X1
12/35 (not sure why its 35 months and not 36)
MSRP: 47,495
Dealer Discount: 2,850
Selling Price: 44,645
MF: .00152
Rebate: 2000 lease credit
State: WA
Drive Off: 2,000
Monthly: 547.20 (doesn't include taxes, title or reg fees)
Seems like there should be some more room in the MSRP discount. Thoughts?
Maybe, 35 more payments after your drive-off.
Need the adjusted CAP cost. That will include the acquisition fee, etc, etc..
Is it $2000 out of your pocket for drive-off, or is that covered by the lease credit?
It's kind of a useless quote, without taxes and fees included. That's where they tend to hide things.
Not sure how they can give you a "drive-off" without those items included.
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I got them to take off an additional $1,000. Here is all the info they provided.
If that's the case, I agree with the math.
Considering the tax rate in WA, not a bad deal.
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2017 X1 AWD in CT
MSRP $46,495
Sales price $41,128 (includes $2,000 lease credit)
Fees $925 acquisition fee, $185 reg, $595 conveyance
MF .00152
Residual 60%
Said Adj Cap Cost was $41,850.91
With $1700 down payment, $524/month
Thank you!
I'd add the acquisition and conveyance fees into the adjusted cap cost - lower out of pocket, but a higher monthly payment.
Good discount from sticker and base MF are both good things.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I've been sending e-mails back and forth with a dealer. And for a 2017 BMW X1 with a MSRP of $45,145 on 36/10 terms, I was able to get it down to $449/month with taxes and fees included AND $0 out-the-door. Selling Price is $38,000 .
His first offer was $475/mo but he told me he can put in a conquest cash rebate (I have a Lexus) which brought it down to $449/month.
He did mention earlier he was using a MF of 0.00180 thought so that's marked up a little but I think I got a good deal?
Do you guys think I can get a better price on a X3 with a similar MSRP since that has a higher residual? And does BMW still do multiple security deposits?
Can't hurt to get a quote on the X3, just to compare.
.00152 and 61%; $2000 lease credit.
What is the adjusted cap cost associated with the payment quote?
Relative to MSRP, that payment is quite strong.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I am eligible for corporate fleet discount but they said that doesn't apply to leasing a demo. And I own another BMW and was hoping if there was any owner loyalty discount currently?
The quote includes $2000 holiday credit and $1000 college graduate discount.
What are the incentives for January?
Yes, that looks like a good payment for the MSRP and amount due from you.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks. I was able to lower the price down to $338/mo with an upfront charge of $729 due at signing. MSRP was $41.3K and it was a demo with 4400 miles. The price includes $2000 lease credit, $1000 new grad, $1000 loyalty discount. Is it normal they used lower residual value for the demo? They used 59% RV. What they told me was RV gets lowered depending on the mileage.
That looks like an outstanding deal.
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$2000 lease credit
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Also - is the MF different for a 36/10 SINGLE PAY?
Thx
Deduct .00030 for one pay.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 BMW X1 xdrive - Southern CA (San Diego)
brand new less than 10 miles - not a loaner
MSRP $47,395
Net CAP Cost $40,395 (including $2k lease credit)
36 mo term / 10k miles per year
$0 drive-off
$489/ mo
It seems like a pretty good deal but need the experts advice. Anything I'm missing where you think I can save?
Thanks in advance
With your prices, $424/mo plus tax.
What is the adjusted cap cost, if all the fees and such are being rolled into the payment?
Tax rate?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Tax rate is 8.5%
Looks pretty solid; 10.5% off sticker (before incentives) and base MF is a rare combination.
Just to confirm, $0 out of pocket from you - just sign and drive?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Just trying to confirm that the RV and MF for 2017 X1 in So Cal?
24 mo- 10K is 67%
MF - 0.00152?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige