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Comments
.00051 MF and 40% residual
$3150 lease cash
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$3400 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2017 Passat 1.8 SE W/ Tech
MSRP; $29,350
Sale price; $22,375
Due at signing; 0 w all registration and title fees rolled into payment
36 month/36k lease
$290.18/month pre-tax (No sales tax in Oregon)
Thank you Edmunds/Michaell for the help getting this deal
done!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$3150 lease cash
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.00001 and 47% for both trims
$3150 lease cash on SE
$3400 lease cash on R-Line
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Quote:
MSRP: 25,250
SP: 19,622
Down: 2,000
Incentive: 3,400
Adj Cap Cost: 18,909
Taxes/Fees (Acq - 625, Govt - 168, Doc - 132, Taxes - 832): Rolled in
Drive off Cost: 2K (down)
Monthly (inclusive): 209
I have an excel calculation and the leaseomatic app, both of which have worked perfectly with Quotes from BMW in recalculating the quoted leases. When I tried recalculating for this VW lease, I cannot seem to make the numbers get close (it actually says much less).
Q1: How does this deal compare?
Q2: Why does my lease recalc not work?
Please and thank you! :-)
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$3150 lease cash
Looks like you are in the ballpark on price.
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Original Quote: MSRP: 25,115 | SP: 18,442 | Residual 47%
Thanks for the reply on the above. This did fix my calculation!
I came across another matter for which I would appreciate your insight.
Another dealer offered an even better deal on the car. I was approved by VWFS, we have come to an agreement on all of the details (Price, etc), and they have provided me the VIN # (for which I've obtained insurance), and they are simply waiting for me to come sign the paper work and pick up the car.
They have been exceedingly helpful and provided all of the details of the lease terms without hesitation (MSRP, SP, Residual, Money Factor, etc) as well as a copy of the lease to review prior to coming on site. The dealer also has good reviews. They even gave me the Exterior/Interior I wanted (which was not the original quoted car) that included the LED lighting package while still keeping the same price and terms of the quoted lease (pearl while, no LED package), which other dealers said they wouldn't be able to beat. I haven't picked up the car yet nor signed the lease agreement.
However, I noticed through a VIN carfax report/dashboard through my Geico insurance app that the odometer reading was 2.8K miles already (this is a new car lease). I've read that this can still be considered a new car, but I am concerned now about what that means concerning the lease terms, the residual value, and what if I utilize all 36K miles what happens when the car falls out of the warranty coverage during the lease? I have followed up with the sales agent to request further information on the matter, but I would appreciate anyone's insight on what I should do here or be certain of before signing the paperwork.
Thanks in advance!
However, the residual value is adjusted downward for the miles on the vehicle; you should ensure that the discount from MSRP also adjusts for the miles, as well.
Frankly, I'd want a better deal on a car with 2800 miles on it than one with 0 miles, all else being equal.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Indeed, I'd rather have a better deal on this type of car that meets my wants as opposed to one with fewer miles. I just want to make sure the residual makes sense. I'd suspect if they are keeping my numbers the same with a higher MSRP car that I am getting an even better deal because the sales price would effectively show a deeper discount off MSRP and the residual reflected will be based on the pearl white non LED lighting whereas I am actually going to have a Black on Black with LED lighting package for the same cost.
Another thing, what about the VW 36 month/36,000 mile warranty? With 2.8K miles already on it, I am worried about coming to the end of the lease term (assume I use all 36K miles of the lease) with 38.8K miles on the car whereby that extra 2.8K miles could be the difference on needing repairs no longer covered because the mileage is exceeded (or would this not apply since I am leasing with a 36 month/36K mileage warranty covering the period I will be driving the car exclusive of the original 2.8K miles?) What about the potential need for new tires, new brakes, or other repairs? Or should I expect to have to replace those anyways (assuming I drive all 36K miles)?
Thanks so much for your help!
Regarding the warranty, I believe you'll be out of warranty for those last 2800 miles (assuming you use them all).
You will be responsible for consumable items like brakes and tires, regardless of warranty. I had to buy two sets of tires for my last leased car (!).
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Concerning the warranty matter, is this something should actually be a concern? For example, if I drive off a car with 100 miles on it and some big issue comes up during the last month with 35,900 miles on it, VW will take care of it? However, if I am a month out from lease end with 36,100 miles on it and an issue comes up, I will be on the hook for the repair?
Since consumables are my responsibility anyways, that potential scenario would be my major concern with the original 2.8K miles on it. Though the fact that I am getting tires & brakes with almost 3K miles on it doesn't make me jump for joy. But I suppose the trade off is that I am getting a better deal for my preferred car.
BTW, in addition to the above figures, I am getting the car with $0 due at signing and $224 monthly payment (inclusive of PA (and 2% city tax) taxes) for 12K/36 Months. Most dealers in the area couldn't even match that deal and the only other potential fee was the $350 disposition.
By and large, it seems like a great deal, I am just making sure to the extent possible t's are crossed and i's are dotted before I sign the paper work and drive off the lot.
How much due at signing with that deal?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I will drive off the lot with a 2017 Passat R-Line (Black on Black) with LED lighting without spending any money ($0 drive off costs), and I will only have 36 monthly payments of $224 per month with a potential $350 disposition fee at the end should I surrender and not buy or release.
If 36, then you will owe the dealer a check for the first payment when you sign the paperwork.
That's what I did with my Jetta.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
If 36, then you will owe the dealer a check for the first payment when you sign the paperwork.
That's what I did with my Jetta.
They said no money is due up front from me at signing. I just pay the 36 payments of the $224. If I am to pay the first payment when I sign, that's fine either way. I was quite happy when they let the LED lighting car go at the same negotiated quote. They look really nice!
By the way, what about the other question "Concerning the warranty matter, is this something should actually be a concern? For example, if I drive off a car with 100 miles on it and some big issue comes up during the last month with 35,900 miles on it, VW will take care of it? However, if I am a month out from lease end with 36,100 miles on it and an issue comes up, I will be on the hook for the repair?
No doubt it seems I have a great deal even with 2.8K miles on the car. But that great deal becomes less than great if I get stuck with a $2,000 bill at the end because the car was outside of the warranty period due to the extra mileage and had some defect/issue that otherwise would have been covered.
If 36, then you will owe the dealer a check for the first payment when you sign the paperwork.
That's what I did with my Jetta.
They said no money is due up front from me at signing. I just pay the 36 payments of the $224. If I am to pay the first payment when I sign, that's fine either way. I was quite happy when they let the LED lighting car go at the same negotiated quote. They look really nice!
By the way, what about the other question "Concerning the warranty matter, is this something should actually be a concern? For example, if I drive off a car with 100 miles on it and some big issue comes up during the last month with 35,900 miles on it, VW will take care of it? However, if I am a month out from lease end with 36,100 miles on it and an issue comes up, I will be on the hook for the repair?
No doubt it seems I have a great deal even with 2.8K miles on the car. But that great deal becomes less than great if I get stuck with a $2,000 bill at the end because the car was outside of the warranty period due to the extra mileage and had some defect/issue that otherwise would have been covered.
Agreed, but if you take good care of the car, I doubt that you'd have a problem that size.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Any lease cash?
Thank you so much.
$2750/$3000 lease cash on SE/Rline
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$2750 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
thank you
$3000 lease cash on S
$2750 lease cash on SE
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP: $24,795
Selling Price: $19,863
Total Savings + Rebate: $4,932
Adjusted Cap Cost: $21,099.11.
I am not particularly great at getting reliable results with the apps and calculators, so any help would be greatly appreciated. Thanks in advance.
At that CAP cost, I get $263/mo.+tax (9% or 10% in your area, I think).
That's right in line.
How much is due at signing? Just first payment?
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Can you tell me the Passat R-Line on a 36/12 or if it makes sense to slightly adjust the months or miles. I could easily do 10k miles or more/less months.
Can you also provide tier 1 & 2 MF; score is just below 700?
Seems to be good incentives with dealers can you confirm?
45242
Thanks!
$3000 lease cash
Tier 3 (680-699) adds .00030
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MSRP $26685. - Reduced to $21,506 36 month lease, 15K miles 0 down. MF .0126 and a residual of $11,741. Payment quoted is $391.
The dealer told that the residual persentage is 42%
they said that based on credit which they have not been allowed to run yet i could possibly get in the .00099 range.
Does these numbers seem accurate? does anyone know if the 42% is true?
Thanks
.00001 and 44% for all trims.
Dealer is marking up MF, even if you have top tier credit.
Dealer cannot modify the residual.
$400/mo for a $27K Passat is way overpriced.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
12k/ 48 months lease & 10k/ 48 months
Money Factor & Lease Cash along with any other incentives
Sacramento, CA
$3000 lease cash
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12k/ 36m
california residual and Mf?
$3000 lease cash
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Thanks
$3000 lease cash on S; $2750 lease cash on SE
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Here is the deal they are offering: MSRP: 23,568 OTD 26,353. Rate 2.9 Term 72 dos Payment 399 or term 84 mos 371.
Does that seem in line?
https://forums.edmunds.com/discussion/46539/toyota/c-hr/2017-toyota-c-hr-prices-paid/p1?new=1
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$2750 lease cash
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MSRP $29375 Invoice $21932(internet sale price) Freight $820 Rebate $1000
Based on the above lease terms I get 214 per month and 1,879 at drive off (4.17% tax+Doc Fees $650). The price I was quoted was $400 per month. What am I missing? Should I just quote back this number? Am I doing something wrong calculating the lease numbers or missing anything? Please help.
Ask the dealer for the adjusted cap cost - that should help clear the air on the confusion between the payment difference.
One suggestion - we recommend you add the taxes and doc fee into the payment. Minimize the out of pocket costs, and you won't put that money at risk if the car is stolen or totaled.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP: 29375
Selling Price: 22752.10
Residual: 13512.50
Taxes (VA): 973.22
Title and fees: 103.50
Lease acquisition: 625
Documentation: 699
Gross receipts tax: 35.50
Gross cap cost: 25198.32
36 payments of $325 each
Does it sound like a good deal?