Good Leasing Deal/ Bad Leasing Deal on a 2016 NX 200t

sanadever60

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

kyfdx

sanadever60 said:

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

.00090 MF and 59% residual.
At that CAP cost, I get $527/mo.+tax.

$499 is a garbage fee
You should shop around.

Cons to 48 month leases:
1) With that long of a time horizon, your vehicle needs may change
2) A better chance of needing tires and/or major maintenance, the longer the lease term.

scrapluv

kyfdx said:

sanadever60 said:

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

.00090 MF and 59% residual.
At that CAP cost, I get $527/mo.+tax.

$499 is a garbage fee
You should shop around.

Cons to 48 month leases:
1) With that long of a time horizon, your vehicle needs may change
2) A better chance of needing tires and/or major maintenance, the longer the lease term.

What would be a fair and reasonable range for Delivery and Handling fees?

kyfdx

scrapluv said:

kyfdx said:

sanadever60 said:

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

.00090 MF and 59% residual.
At that CAP cost, I get $527/mo.+tax.

$499 is a garbage fee
You should shop around.

Cons to 48 month leases:
1) With that long of a time horizon, your vehicle needs may change
2) A better chance of needing tires and/or major maintenance, the longer the lease term.

What would be a fair and reasonable range for Delivery and Handling fees?

If you are referring to the destination charge, that's included in the price of the vehicle.

If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?

scrapluv

kyfdx said:

scrapluv said:

kyfdx said:

sanadever60 said:

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

.00090 MF and 59% residual.
At that CAP cost, I get $527/mo.+tax.

$499 is a garbage fee
You should shop around.

Cons to 48 month leases:
1) With that long of a time horizon, your vehicle needs may change
2) A better chance of needing tires and/or major maintenance, the longer the lease term.

What would be a fair and reasonable range for Delivery and Handling fees?

If you are referring to the destination charge, that's included in the price of the vehicle.

If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?

Yeah, I've seen $300-$500

kyfdx

scrapluv said:

kyfdx said:

scrapluv said:

kyfdx said:

sanadever60 said:

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

.00090 MF and 59% residual.
At that CAP cost, I get $527/mo.+tax.

$499 is a garbage fee
You should shop around.

Cons to 48 month leases:
1) With that long of a time horizon, your vehicle needs may change
2) A better chance of needing tires and/or major maintenance, the longer the lease term.

What would be a fair and reasonable range for Delivery and Handling fees?

If you are referring to the destination charge, that's included in the price of the vehicle.

If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?

Yeah, I've seen $300-$500

It varies by location. I like the states that restrict it, so at least you know what every dealer in the state will charge.

NY: $75
CA: $80
OH: $250

scrapluv

kyfdx said:

scrapluv said:

kyfdx said:

scrapluv said:

kyfdx said:

sanadever60 said:

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

.00090 MF and 59% residual.
At that CAP cost, I get $527/mo.+tax.

$499 is a garbage fee
You should shop around.

Cons to 48 month leases:
1) With that long of a time horizon, your vehicle needs may change
2) A better chance of needing tires and/or major maintenance, the longer the lease term.

What would be a fair and reasonable range for Delivery and Handling fees?

If you are referring to the destination charge, that's included in the price of the vehicle.

If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?

Yeah, I've seen $300-$500

It varies by location. I like the states that restrict it, so at least you know what every dealer in the state will charge.

NY: $75
CA: $80
OH: $250

Is there a standdard for VA?

Michaell

scrapluv said:

kyfdx said:

scrapluv said:

kyfdx said:

scrapluv said:

kyfdx said:

sanadever60 said:

Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

.00090 MF and 59% residual.
At that CAP cost, I get $527/mo.+tax.

$499 is a garbage fee
You should shop around.

Cons to 48 month leases:
1) With that long of a time horizon, your vehicle needs may change
2) A better chance of needing tires and/or major maintenance, the longer the lease term.

What would be a fair and reasonable range for Delivery and Handling fees?

If you are referring to the destination charge, that's included in the price of the vehicle.

If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?

Yeah, I've seen $300-$500

It varies by location. I like the states that restrict it, so at least you know what every dealer in the state will charge.

NY: $75
CA: $80
OH: $250

Is there a standdard for VA?

None that we're aware of.