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Comments
Internet Price - $37,000
Selling Price: $34,500
Rebates: $3500 including lease cash and recent grad
Trade-in: $0
Months: 36
Annual Mileage: 12,000
MF: No Idea
Residual: No idea
What should be my payment approximately?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
That's an integral part of determining the residual amount. Need to know the exact number.
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MSRP $39,955
Cap cost $37,950 (discount off MSRP 5.0%)
Adjusted cap cost $35,625 (discount off MSRP 10.8%) (includes rebate of $-3,250 + acq fee of $925)
36/10
Residual 62% / MF 0.00151
Monthly payment $393
Due at signing $2,291 (includes tax upfront)
Anyone have any thoughts? The 5% discount off MSRP doesn't seem too exciting (before rebates). Since I am over on my current lease miles by ~2k miles ($400), I'd ask dealer to waive fee on those as well.
Thanks!
And, roll the taxes into the lease payment, as well. If the car is stolen or totaled, you think Gov. Cuomo is going to refund you those pre-paid taxes?
Not sure if you'll get the mileage charges waived, but it can't hurt to try.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
That's an integral part of determining the residual amount. Need to know the exact number.
Oh. My bad, for some reason I thought residual is calculated based on cap cost and not the MSRP.
It is $45,245. 8.25% Sales Tax.
Thanks!
Oh. My bad, for some reason I thought residual is calculated based on cap cost and not the MSRP.
It is $45,245. 8.25% Sales Tax.
Thanks!
The selling price discount seems reasonable to me at 8%, but i'm a bit confused as it also shows a $3000 rebate which I can't seem to work out how they've applied. How did this end up with the adjusted cap cost of $54,066?
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Oh. My bad, for some reason I thought residual is calculated based on cap cost and not the MSRP.
It is $45,245. 8.25% Sales Tax.
Thanks!
So, is $34,500 the final price, after the rebates?
If so, and adding $925 for the acquisition fee
.00151 MF and 59% residual (reduced from 61% to account for the current mileage)
$337/mo+tax, with first payment and dealer/DMV fees due at signing.
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Also, license fee for $1050???!!
Looks like this quote is for sign and drive? Not even first payment due at signing?
If so, the CAP reduction from the rebate is reduced from $3000 to account for the first payment and tax on the CAP reduction.
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It is $45,245. 8.25% Sales Tax.
Thanks!
So, is $34,500 the final price, after the rebates?
If so, and adding $925 for the acquisition fee
.00151 MF and 59% residual (reduced from 61% to account for the current mileage)
$337/mo+tax, with first payment and dealer/DMV fees due at signing.
Thank you!
The price is without the rebates.
A quick question. Since it has a mileage of less than 5000 miles, shouldn't the residual remain at 62/61%? Also is the residual amount calculated based on MSRP?
Is it a good deal?
If so, and adding $925 for the acquisition fee
.00151 MF and 59% residual (reduced from 61% to account for the current mileage)
$337/mo+tax, with first payment and dealer/DMV fees due at signing.
Thank you!
The price is without the rebates.
A quick question. Since it has a mileage of less than 5000 miles, shouldn't the residual remain at 62/61%? Also is the residual amount calculated based on MSRP?
Is it a good deal?
For demos and service loaners under 5000 miles, the residual is adjusted by .25/mile from the calculated residual from MSRP.
Example - MSRP is $45000, residual is 60%, car has 4000 miles on it.
Residual is (45,000 * .6) - (4000 * .25) = 27,000 - 1000 = 26,000
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If so, and adding $925 for the acquisition fee
.00151 MF and 59% residual (reduced from 61% to account for the current mileage)
$337/mo+tax, with first payment and dealer/DMV fees due at signing.
Thank you!
The price is without the rebates.
A quick question. Since it has a mileage of less than 5000 miles, shouldn't the residual remain at 62/61%? Also is the residual amount calculated based on MSRP?
Is it a good deal?
The residual is reduced by $0.25/mile. So, $904 reduction. That just happens to work out to almost exactly 2%, in this case.
If I subtract $3500 from the CAP cost, I get $234/mo.+tax
Neither of those prices accounts for tax on rebates.
Did they quote you a payment?
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Aside from those oddities...what do you think of the quote? I was thinking that the reduction from $58k to $51k (with rebate added) is probably quite reasonable? With that said...the MSRP is higher than I wanted and therefore even with great discounts I am still at a fairly uncomfortable less price after tax. Aside from asking for another $1k discount on the selling price, is there anything else I can do to improve this deal?
You may have to adjust your budget if you're uncomfortable with the resulting lease payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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However, there may be a bit more of a discount from sticker you can get - you are at 5.4% off MSRP, target 7%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Have you considered that you could get a better price if you negotiated on your own, and cut out the middle man?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
BMW has been assembling 3-Series vehicles in South Africa for over 15 years (at least). No one has ever connected SA vehicles to anything negative vs. German made models.
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Just did 320i metallic silver xDrive +tint+mats
36/10 lease
MSRP 42955
2500 rebate
Monthly Payment 389
Monthly Payment w tax: 425
Got $650 cash back to cover last months lease and disposition fee.
MF: 0.00151
Money Down: 925 (acquisition fee), 425 (1st months payment), 199 (dealer fee), 90 (registration)
Maybe could have pulled more out of sales price, but i'm happy.
thanks to Kyfdx and Michaell
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Sorry, I don't have all of the numbers to hand, but I ended up with a 330i xDrive which had some great options including the M-sport package. The MSRP was ~$51k and I ended up with $2k due at signing (to take care of acquisition, doc fee, license, and 1st month payment) and then a $530 monthly payment inc. tax (36/10). Most other dealerships walked away at $550 a month and said they couldn't go any lower....so that was my main indication that the $530 offer was probably good. Thanks!
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please provide August numbers if already available MF, and residual.
Thanks,
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
this is the quote I got 2017 330ix MSRP 50645
lease 36/15k $2150 cash out of packet with monthly $467
please advice.
Adjusted CAP cost?
State and tax rate?
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$2500 lease credit and $3000 iPerformance lease credit
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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
California
MSRP 55k
Selling Price 51k
Down 3.5k
Incentives 5.5k
Cap Reduction 6.4k (After all the fees and first month payment)
MF for me is 0.00161 for some reason.
36/10k
Do you think this is doable?
Thank you!
If so, too much - your out of pocket should only be the first payment and DMV costs.
Or, you could use the $5500 of incentives to cover those costs and have $0 due at signing.
7% off MSRP is a good start, but that may explain why they've bumped the MF up a bit.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks a lot for the quick reply. Yes, $3500 out of pocket. They told me BMW financing asks for that much down. Is it negotiable?
The monthly payment is 410 plus tax.
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