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Comments
And, start shopping other dealers - the competition will benefit you in the long run.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I believe extra miles are .15 each
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$2500 lease cash
57%/55%/53% residual
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MSRP: $41,178
Final price after discounts and fees: $36,103.52
36 month lease, 12,000 miles/yr, $3000 down, lease payment: $335 per month (35 payments as 1st payment is absorbed in $3000 down)
Why put $3000 down on a lease?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
About $85/mo added to the payment, without the cash up front.
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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
MSRP was 41,178.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$2500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do not have the incentive amount for MI
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Dealer cannot modify the residual value
Don't have the incentive info for IL, but if they are quoting you $3K, that sounds right.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Add 1% for 10K
$2500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $41,303
selling price, $37,500
39 months/10,000
6 security deposits ($2,400)
$387 per month, $0 down
Monthly payment: $394/mo
10k miles/36mo
$930 down.
Is it an ok deal? What should I look more closely? Thanks for your help in advance.
Here is the breakdown:
2017 Lexus NX Turbo
MSRP: $39,110
Sale: $35,981
Lease Acquisition Fee: $795
Admin Fee: $385
Down Incentives Tax: $337.50
Capitalized Cost: $37,498.50
Capitalized Cost Reduction: $-563.68
Lease Cash: -$3,000 (lexus incentive)
Bonus Cash: $-1,500 (lexus incentive)
Adjusted Cap Cost: $32,434.82
Residual Value @10k Miles / year: -$22,292.70 (57%)
Depriciation: $10,142.12
Money factor: 0.00155
Finance Charge: $3,053.88
Total lease payments $13,759.48
Down payment: $563.68
First Month's payment $394.04
Total due at signing: $930.23
sales tax included in payment: 7.5%
considering to purchase left over 2017 NX
so far I only got around 6k off msrp
anyone had better luck?
Doesn't seem like much of a discount from sticker, with the incentives.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But, the MF is almost certainly marked up, adding to your 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
Its Wichita, Kansas. Can you pls help me understand what does it mean that Money factor is marked up? Thanks
With the .00155 MF, I get the same payment as the dealer.
With the base MF of .00055, the payment drops to $335/mo (tax included). $60/mo is a lot of money to give to the dealer.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.
In addition to the MSDs, we suggest the first payment and any registration costs be paid up front.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Assuming the current MF and Residual for a 36/15K is .00055/54% and I am being quoted .00035/50.2% for the 36/18K. I would then have to prebuy the extra miles @ .20 cents per. Would I only have to pre buy those xtra miles over the 15K allotted (3K miles a year x 3)?
Long story short, I have an offer sheet on NX F-Sport 47,600 SRP, less 4,760 Dealer Discount and 2,800 Lexus Rebates. (Lease Cash & Lex Loyalty). 15.8% disc. All the fees look legit and accurate. According to dealer; .00035 MF/36/18K/50.2% resid/ + 8% tax (New York, but getting car from Pennsyl)= 537./month, all inclusive.
Also, I was under the impression that Pennsyl has a 3,000 Lexus Cash on top of the 1,000 Lexus Loyalty. Sounds ok, but any advice much appreciated. Thank you.
NY and PA are in the same region, so the rates and rebates are the same. $1800+$1000 is correct for a lease.
I don't see $3000 anywhere.
The mileage reduction is 9000 X $0.20 = $1800. They divided the $1800 by the MSRP to come up with the 3.8% residual reduction (ergo, 50.2%)
Get the adjusted CAP cost, and we can check the calculations, but it looks like you have all the numbers, otherwise.
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Trying to find out the sales price, money factor, and residual.
Is this a good price, or might something better come in November / December? Not sure if there have been better deals during those months in the past few years.
Lexus has been running their "December to Remember" events for a number of years; can't tell you how much better will be than they are now.
What I do know is that the inventory of 2017 NXs will be smaller two months from now....
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $47,643
Sell Price $43,000
Lease Acquisition Fee: $795
NYS Reg Fee/Admin: $405 (Leasing are in PA, but registering in NY)
Doc Fee/Misc: $199
Capitalized Cost: $44,399
Lexus Cash: - 1,800 (lexus incentive)
Lexus Loyalty: -1,000
Adjusted Cap Cost: $ 41,599
Residual @ 36/18K yr 50.2%
Money factor: 0.00035
-0- Down Payment
All Fees rolled into Monthly Payment
Monthly Payment is $ 566.00 (with 2,800 Lexus rebates)
I can also get the Monthly reduced to $ 537. month if family member qualifies for the $ 1,000. Lexus College Grad Cash
New York State Sales Tax Included in payment: 8%
Do Both these payment make sense?
Lastly, since the extra miles at .20 lower the Resid, do I also have to add .20 per mile to the monthly lease amount? Sorry for my confusion.
Thank you for your help!
The payment looks close, but without the actual tax number, it's just an estimate.
By reducing the residual, you are paying for the extra mileage in increased depreciation. It's already in the payment.
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Sales price: $35740.90
Money factor: .00045
Residual: 57%.
Using 6% tax the payment is $429.30
Is this a good price? How much lower could I get it with multiple security deposits?
You won't be able to use the maximum number of MSDs, as the base MF is already pretty low.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you. The MSRP is $38,988.
How many security deposits would I be able to use?
How much is due at signing?
There is lease cash on this model, depending on where you live.
5 MSDs at .00008 ea. = .00040 reduction = .00005 MF
That would save about $25/mo.
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The only money due at signing is first month's payment.
Wonder how it compares to the 2018 NX300.
$3000 lease cash
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