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Prior to signing, I did look on the dealer website it was listed as New, lease quote/work sheet had it as New, and the lease contract also had it as New, and I'm not seeing any indication of it as being a Loaner in previous life. For curiosity and future reference, where would one look for this information besides from it being volunteered by the dealer?
I did see other dealers who advertised as such, their 'New' loaner/demo, usually with 4-6k miles.
thank you
$3000 lease credit
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BMW 320i Xdrive
$299 first month's payment
$2,750 Down payment
$0 Security deposit
$925 Acquisition fee
With grad credit of $1000 to know down the down payment to $1750.
Link: https://www.bmwusa.com/special-offers/lease.2017-320i-xDrive-Sedan.html
You can negotiate a better selling price, and we don't recommend the $2750 down - that makes the 'true' monthly payment $375/mo
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$3000 lease credit from BMW
Assumed $1310 discount from the dealer
The total due at signing is $3974
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For the deals that you have seen what could be negotiated in this ?
I am going to be availing the grad credit for $1000 but your opinioins would help me much on this.
If you show up in person, and ask for 7-9% off sticker price, before applying any of the lease or grad incentives, they may take you more seriously.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I was offered the following deal on a 2017 330i all wheel drive. This car is a dealer loaner with ~4,100 miles on it.
MSRP - $48,890
Selling Price -$39,900
Rebate - $3,000
Govt Fee - $172.50
Proc Fee- $75
Plate Fee -$60
Acquisition Fee -$125
Other Fee -$10
Gross Cap Cost = $42,411.41
Trade -$3,500
Cash Cap Reduction -$1,500
Cap Cost Reduction - $8,000
Adjusted Cap Cost - $34,411.41
Down Payment - $1500 (includes first months payment)
Monthly Payment - $250.56
Term is 36 months with 10k mi per year.
The MF quoted is .00152 (upstate NY)
The residual quoted is 61% less $850 for mileage adjustment - $28,972.90
I'm coming up with a 2.5% APR when running these numbers.
Can you please let me know your thoughts, specifically around selling price and APR, and if its reasonable to think I can negotiate one or both further?
Thanks so much!
Is the acquisition fee a typo? It is $925 from BMWFS.
With the MSRP and selling price quoted, less the rebate, plus the $925 bank fee, there is about $1000 of sales tax due. If I add that to the cap cost, then the payment becomes about $377/mo, with only the first payment and the misc fees due at signing - about $700 total.
Have the dealer cut you a check for the equity in your car, keep the $1500 in your pocket to help offset the now higher monthly payments, and you've still got a great deal on a $49K BMW.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$6000 lease credit.
Yes, it must be used as a CAP reduction
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Thanks!
Demo miles up to 4999 deduct .25/mile from the calculated residual.
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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
$3000 lease credit.
No.... downpayments don't change the lease variables.
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Could you please help us with September MF & RV for 2017 3-Series Sedan xDrive 320i 36mos/10k mi? What are the September lease incentives?
Thank you very much.
$3000 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hopefully, you'll get a bigger discount on the loaner/demo that will more than make up for the residual reduction.
If not, don't get it.
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Thanks. One more question
Does the $3000 lease credit apply to the demo?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 330i MSRP 46325
(Preumium Pk, Nav Pk, Heated Seats plus few extras)
Alpine white with beige interior, 22 miles on the car.
3yr/30Kmiles
MF: 0.00152
Total discount off MSRP: 7500
In texas you pay full sales tax up front.
My payment was $495/month (including taxes rolled in)
Up front I paid about 925 which included first month and registration.
See you guys again in 3 years!
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Current BMW leasee
Price: $311 Per Month
Term: 36 Months
Mileage: 15K Miles per Month
MF: 0.00152
Down payment: $2750
Acq Fee: $925
Taxes: $1300
Total Down payment with taxes (Acq Fee, Govt Fee and Doc Fee) upfront and First Month Payment: $5274
$3000 lease credit
$3000 iPerformance lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What state is this?
We do not recommend so much money up front - just first payment and registration costs. Everything else could be lost if the car is stolen or totaled.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Selling Price: $38,650
State: OH
Is it better to get the taxes rolled into the payment then?
And, you want to target 7% off the MSRP, before incentives, as your selling price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1003 a month
term 24 months
mileage 10k
MF .00192 inflated
acquistion fee $925
rolling $5700 from current lease
msrp $58,075
selling $53,590
ttl and dealer processing $4,015.43
$1003 a month
term 24 months
mileage 10k
MF .00192 inflated
acquistion fee $925
rolling $5700 from current lease
msrp $58,075
selling $53,590
ttl and dealer processing $4,015.43
No way would I spend $1000/mo on a 3-series. Why are you rolling in $5700 from the current lease? That alone is adding over $150/mo to the payment.
And, 36 months is a much better term.
And, as noted, the MF is marked up.
And, the lease taxes in MD don't help.
So many things working against you on this quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
My office has moved and I have a terrible commute. Having a Phev will allow me to ride in HOV with no passenger. Therefore the $150 is worth the expense.
New 3 series is coming out next year; therefore I do not want a 3 year lease.
Maybe I will look at the 5 series as it will suit me better for the 3 year term.
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Can you give me the MF & RV for a 320i in MA for a 36/10 & 36/12 lease, please? Thanks!
320xi
Moonroof
Power & Heated front seats
Nav System
Apple Car Play
Sirius Radio
MSRP: $43,10
Savings: $4,810
Cap Cost: $38,500
Total Price: $39,957 w/ the sales tax & dealer state fees included
36/12k
$441.94 a month w/ no down payment just first month's payment
What do you guys think about this deal? Thanks again!
320xi
Moonroof
Power & Heated front seats
Nav System
Apple Car Play
Sirius Radio
MSRP: $43,10
Savings: $4,810
Cap Cost: $38,500
Total Price: $39,957 w/ the sales tax & dealer state fees included
36/12k
$441.94 a month w/ no down payment just first month's payment
What do you guys think about this deal? Thanks again!
.00152 and 61% / 60%
You are missing a digit in the MSRP ....
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
msrp is 50,000, trading in a Toyota worth 4k. dealer wants down payment and tax +fees.
Then the monthly lease would be $400. is it worth it or is there a lower price possible.
To take a guess, we need the exact MSRP and adjusted CAP cost.
Term/mileage?
State/tax rate?
How much out of your pocket, besides the trade?
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You are missing a digit in the MSRP ....
$43,310*
MSRP: 49,825
Selling Price: 46,325 (3500 rebate)
Gross Cap Cost: 48,200
Net Cap Cost: 43,708
Mileage Program: 15000
Residual: .55
Residual Amount: 27403.75
Term: 36
Rate/Money Factor: .00192
Base Monthly Payment: 589.45
Tax: 42.74
Payment:632.19
No down payment
Thank you.
Looks good - I get a higher payment when I plug those numbers into my calculator.
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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
How much of a discount are you getting on the MSRP, before applying the incentive? You want to shoot for 7% (or higher, if you're feeling lucky).
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige