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The MF looks to be the same as last month, and the dealer can't modify the residual.
Negotiate your best price before applying the $4000 lease cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 Accord Sport CVT Mod Steel Metallic
sorry, i wasn't clear on where i got the numbers
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$4000 lease cash
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The advertised deals assume a dealer discount of about 4.5-5% of MSRP, in addition to the $4000. You should try to do better than that.
The LFS acquisition fee is now $795.
FL has about $200-$300 in DMV fees. Florida dealers are notorious for ridiculous dealer/doc fees. Don't be surprised to see $700-$1000. Ask about that fee before starting negotiations, and account for it by offering a lower price.
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2017 Accord Sport CVT Mod Steel Metallic
Heated & Ventilated Front Seats
Blind Spot Monitor w/Rear Cross Traffic Alert
Front & Rear Intuitive Parking Assist
3 Spoke Leather & Wood Steering Wheel
Maybe this is called the premium package? What does the luxury package give you in addition? It looks like they gave you almost 12% off MSRP prior to the $3,500 lease cash. Did that take much haggling?
http://www.lexus.com/models/ES/packages
We also have navigation and pano roof so that increased the sticker a bit.
We sent out emails starting in July requesting quotes - narrowed it down to 3-4 dealers who seemed serious and was able to come to terms the first week of August - a little back and forth but not all that much. The money factor wasn't as good as it is right now but our payment is $423 incl 7.75% tax, 36/10k, $1k due at signing.
2017 Accord Sport CVT Mod Steel Metallic
Heated & Ventilated Front Seats
Blind Spot Monitor w/Rear Cross Traffic Alert
Front & Rear Intuitive Parking Assist
3 Spoke Leather & Wood Steering Wheel
My research shows RV is 52% on a 36/12k lease; MF = .0002 ; License/Registration = $300 ; Doc Fees = $700 (rip-off in Florida!) ; $4,000 lease cash rebate; Edmunds Shows TMV on Vehicle approx. $38,724 in my zip code. Hoping to negotiate down to $38,000. From these numbers I come up with drive off $1422 (includes first month + $1k Registration & Doc Fees) with $358/mo + tax = $380/mo. Disposition Fee; $350. I think I'm calculating this correctly. Is this do able now? Thanks for any input.
What number are you using to get the $358/mo pre-tax payment?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
First month's payment incl. tax: $377
Down payment: $0
Total MSD payment: $0
Registration and doc fee: $1,000
Tax on cap cost reduction and fees: $42
In any event this should be doable, correct?
I use a home grown spreadsheet for my calculator.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Loyalty $ Offer
Requirements and Restrictions:
Lexus customers who currently who a vehicle affected by Takata recall may qualify for additional incentives. Customer must purchase or lease eligible new Lexus models to qualify.
Customer $ Offer Start End
$1,500 Loyalty 07/06/2017 07/31/2017
ES 350 Luxury package with additional options that brings MSRP to 47,112
Sale Price 42,922
Taxed rebates 3800 lease cash and 1000 loyalty
MF .0002 and standard Res Values
Doc 599.75
Licensing 419.50
Bank (is this acquisition?) 795
36/10k $473.37/month with just first month up front.
36/12k $487.54/month
36/15k $515.52/month
48/10k $453.79/month
48/12k $464.05/month
48/15k $484.57/month
Adding those fees, then deducting the rebates results in CAP cost of $39,940.
$429/mo.+tax for 36/10.
I didn't account for taxes on the rebates, as you didn't mention state or tax rate, but that's probably not far off.
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On a MSRP of $42,899:
Your price: $38,497.00 + $799 dealer fee, tax and tag.
Out the door: $42,411.00.
In addition there's $3,000 Lexus cash OR 0.9% up to 60 months financing available.
Asked about Lexus Loyalty Money and/or Takata Airbag Money; was given this response:
Whatever is available to you. As for the tag, I estimate only, my finance dept. calculates that online thru DMV for you.
Since there is additional $3k Lexus or financing offered; I am hoping the $4k Lexus Lease cash in Florida can be applied.
Does anyone know the RV and MF for 36 month/12k miles per year and 39 month/12k miles per year? Is the MF 0.0002 in Florida with Tier 1 credit?
Thoughts?
Thanks in advance
All MF we quote are for top tier credit (tier 1+ for Lexus, 720+ score)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If there is anywhere to lower the payment, it's the sale price of the vehicle.
You can tell them you don't want to pay for accessories you don't need, but it will probably cost them more to remove them than they are actually worth.
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Could be a volume bonus they qualify for; could be a dozen other places where they are making money. We'll never know the true 'dealer cost'. If you're comfortable with the selling price and all the numbers work out, no reason not to pull the trigger.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
For now I got a deal for dealer:
MSRP:43000
Sale Price:40508
Financed Aftermarkets:795
Rebate:5000
Doc fee:150
Licence Fee:600
Acq fee:795
Total cap reduction:4089
down payment:0
39/10k, monthly total payment:489
just want to check is it a good deal or not.
if its not, how much further discount can I get?
Adding the three fees, then deducting the CAP cost reduction gives me $37,964
Using that as the adjusted CAP cost, I get $423/mo.+tax
But, I'm guessing a little bit about how those amounts are calculated.
I used .00020 MF and 51% residual.
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MSRP 45438
36 month, 10k/year
Gross Cap Cost : 40.299,85
lease payment 430,38+tax. ( 0 down payment )
It was 410+tax, but my wife was convinced about Lexus wear&tear, so added extra 20.
Just 1 dealer accepted my target price, so I closed deal tonight.
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MSRP $44980
Sale price $40033
Lease cash $4000
New graduate discount $1000
I'm upside down $2600 on the lease of the car I'm trading in so that is added on.
They quoted me $522 including tax for 36mo/10k.
I'm in San Diego.
Thanks!
Is the lease cash part of the selling price?
Better yet, ask the dealer what the adjusted cap cost they use to get the $522/mo quote, including the negative equity.
Why are you trading out of your lease early?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I don't think they were giving me .00020 MF, I think it was closer to .0008 and they said that was tier 1. Will have to check tomorrow.
I don't think they were giving me .00020 MF, I think it was closer to .0008 and they said that was tier 1. Will have to check tomorrow.
Let us know what you learn.
$2600 is about $70-75/mo added to your payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
And what type of discount I should be looking at.
Thanks,
$4000 lease cash
58%/52% residual
No info on loyalty or pricing
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
can you provide me money factor, residual for a 12k 42 month lease?
The only thing ive heard about is $1000 Lexus loyalty.
$4000 lease cash
48% residual for 42/12
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https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can I get the numbers for the ES 300h and ES 350 for 36/7.5k or 36/10k miles?
$4000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
You might see dealer/doc fees in addition to the fees you mentioned.
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