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You don't pay tax on the full sale price in VT, do you, on a lease? Tax number looks to be irrelevant. Also, no mention of the $895 acquisition fee.
The money factor is marked up for extra profit.
To get to that payment, the CAP cost has to be around $49,500 on a 36/10 lease (assuming sales tax is capitalized), so they are obviously giving you credit for the incentives, but they aren't laying out the adjusted CAP cost and calculations. To be clear, I don't know the lease tax rules for VT, so I could be off some on that.
Let's assume the sale price and incentives are all there and correct, and that part of the deal is good. The marked up money factor still adds $63/mo. to the price.
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Price = $54, 865
Discount = $3,107
Selling Price = $51,758
Rebates = $4000
Total Taxes = $1135.47
Capped Fees = $1293.00
Adjusted Cap Cost = $50186.47
Residual = $29,078
MF = 0.00050
Payment $625.96 with 625.96 due at signing.
If I use the .00005 MF, then the payment drops to $590/mo. However, I'd wager a guess that if you pushed for the base MF, you'd have to give up some of the pre-incentive discount.
Run the numbers, both ways, to see which makes more sense - bigger discount on inflated MF, or a smaller discount with the base MF.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Florida
Invoice $52,496
discount: $4,000
rebate: $4,000
adjusted price: $48,095
one payment: $640
total purchase: $48,735
36/12k: .00058
dont know residual
seems mf is quite high. Yes?
Either way, MF is marked up.
No discount beyond the rebate? You should target 6% off sticker before applying any incentives.
Doesn't look good to me.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is the going MF and residual?
We show $3000 Bonus cash for your region. Ah, I was reading your original post wrong. You didn't supply the MSRP in it.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
3.0T - .00008 and 50% / 51%
$2000 bonus cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Thanks!
If it's eligible for the new car lease program, which is likely, the residual will be further reduced by the mileage. So, 4700 miles X $0.XX/per mile. (that number is likely $0.10-0.25 per mile).
To get a better deal than a comparable new unit, you'll have to negotiate a sale price that is lower than the new unit by at least as much as the residual reduction.
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And I'm relatively new to the leasing game - is the residual calc off the sticker MSRP or off of the negotiated price?
48% for 36/12
And I'm relatively new to the leasing game - is the residual calc off the sticker MSRP or off of the negotiated price?
Residual is applied to the factory sticker MSRP
So because of the useage / milage of 4,700 miles, at $0.25 / mil = $1,175. That $1,175 is taken off of the residual? If I did the math right - residual value of a 90k MSRP is $41,400 minus the 1175 = 40,225 for total residual? That means because they drove it, to lease it - I now pay more per month on my lease? Not sure I'm following that logic
Well, that would assume that your negotiated price was the same on the demo unit as it would be for a 'new' car with 0 miles on it. We are suggesting you negotiate a bigger discount to compensate for the lower residual.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
3.0: .00008 MF and 48% residual
$2500 marketing allowance
$1000 loyalty/conquest
Complimentary 1st payment.
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15,000 miles/yr - 3 yrs
12,000 miles/yr - 3 yrs
Thanks in advance!
Complimentary first payment
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Are the numbers for NY same as you posted above for NJ? Looking at 2017 A6 2.0T Premium Plus, 36mo / 10k. Seems like there is the 1k loyalty, 1st month covered, plus my dealer giving out additional $3500. Would imagine this is the marketing allowance.
Appreciate the reply.
Thanks
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Looking for the MF and RV for following 2017 A6 trims:
- P+ 36/10k
* 2.0 T FWD
* 2.0 T Quattro
* 3.0 T
- Prestige 36/10k
Both with Audicare
I lease an A4 currently with one month left. This is for CA. Any info regarding promotions/rebates/etc. would be highly appreciated.
Does it make a difference on the MF/RV if there are added packages(ex: Driver Assistance, 19'' sport, etc. ) on the cars in the inventory?
I was also trying to find the 2017 A5 Sports coupe leasing thread but could not find it.
Thanks in advance!
2.0T Quattro P+ - .00012 and 52%
3.0T Prestige - .00008 and 48%
Complimentary first payment
Packages and options do not affect the lease numbers.
2017 A5 lease thread is here:
https://forums.edmunds.com/discussion/42279/audi/a5/2017-audi-a5-lease-questions#latest
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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
$2500 marketing allowance and complimentary first payment.
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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
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$2500 marketing allowance in addition to the complimentary first payment
$1000 loyalty incentive if you are an AFS customer; $500 loyalty if not AFS
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: 68740
Sale price before incentives: 63290
Incentives: 2500 marketing allowance, 1000 loyalty, first month payment
MF: 0.00050
Residual: 48%
I know the MF is marked up but the sale price seems to compensate for that. Does this look like a good deal?
I get $791/mo, before tax.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
can you take a look at this lease and let me know what you think?
2017 a6 prem plus
36/12
Zip 33458
msrp 59235
adj cap 54300
699+tax
thoughts?
State and Tax rate?
How much due at signing?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
florida 7%
sign and drive
florida 7%
sign and drive
.00015 and 50%
With your prices, I get $698/mo before tax - your quote looks spot on.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige