Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Get the adjusted cap cost, if everything is being rolled in.
.00175 and 62% for Touring AWD 36/12
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I pointed out to them that the prices on their own website appear to based on a .0018. They couldn't understand how I reversed their website price to determine the MF...to me it seemed pretty easy algebra, but maybe I'm going about it wrong.
MSRP 31,435
Cap Cost 30,156 (doesn't include taxes or fees)
Down Payment 2000
Adj Cap Cost 28,156
Term 36/12
Residual 20,432.75 (65%)
Monthly Payment 301.99 (again, no taxes or fees)
Calculated Depreciation Payment ((Cap Cost - Residual)/Term) = 214.53
Remaining Portion of Payment for Interest/Rent = 87.46
If the way to calculate the rent payment is (Adj Cap Cost + Residual)*MF, then as long as you know the rent payment, you can do Rent/(Adj Cap Cost + Residual) = MF
So it comes out to .0018.
I feel pretty confident about my math on this but maybe I'm missing something. Can someone correct me or confirm?
Honda dealers rarely mark up the MF - perhaps they are assuming a higher MF as they haven't run your credit yet.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Without taxes and fees, their website says $2500 down would be $287.21. I asked them to explain why taxes and fees were adding almost $200 and they couldn't, which is when I pointed out that they were calculating a .0024 MF but their site is .0018. They even showed me "a document they don't usually show people" to show that the MF is .0024.
I asked them to confirm if the MF was because they hadn't run my credit (which is excellent) and they said "this is the standard MF". And I asked if the MF on the website was .0018 because it was a deal they could only offer online and they disputed that it was .0018. Ugh.
Needless to say, I walked out and I'll be working with another dealer.
2017 CRV LX
Can I see the figures for 36 months? I believe you advised they don't offer 10k miles lease, If so, please show me for 12k.
Thanks in advance for your assistance.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
They probably have one.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Here's a link to the survey - please give us your thoughts no later than March 1, 2017.
Thanks for your help!
SURVEY LINK: https://goo.gl/forms/wN9bw9FtPqRb2j4a2
Kia Soul (ideally 2017, 2016)
Chevrolet Bolt (2017)
Honda Civic (2016-17)
Hyundai Sonata (2015-17)
Subaru Crosstrek (2015-17)
Honda CR-V (2017)
Toyota Highlander (2017)
Chrysler Pacifica (2017)
Subaru Outback (2015-17)
2017 Honda CR-V EX AWD
- 36-month lease, 12k/year.
- MSRP: $28935
- Agreed upon value: $27835
- $3k down payment
- Money factor: .002
- Residual value: .65
- Monthly payment: $329
Is it possible to negotiate under $300/month? Thanks.Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2017 CRV EXL
36mo/12k miles
MSRP 30,135
Money Down (incl first month): 1,850
Agreed Upon Value: 28,292.17
Title/Reg/Doc/Acq Fees: 1,502
Gross Cap Cost (value + fees): 29,804.17
Residual value: 19,587.75 (65%)
MF: .0019 (Rent Charge: 95.91/mo)
Monthly Payment: 350/mo
Good deal?
Confirm the adjusted cap cost the dealer is using for the $350/mo quote.
And, I thought the MF was .00175 for the CR-V this month; could be .00190, but we don't have any documentation to confirm.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$595 acquisition fee
1st payment
NY tax ($800-$1000?)
$75 doc fee
DMV fees
Ask for the adjusted CAP cost, and see what's left over for CAP reduction.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Below is the breakout the dealer gave me for this deal.
I backed into the MF from Rent Charge.
Adjusted Capitalized Cost: $28,368.22
---------
Agreed Upon Value: 28,292.17
Capitalized Fees: +1,512
Gross Cap Cost: =29,804.17
Capitalized Cost Reduction: -1,435.95
Adj. Cap Cost: = 28,368.22
Residual Value: -19,587.75
Depreciation & Amortization Amounts: =8,780.47
Rent Charge: +3,452.69
Total Base Payments: =12,233.16
/ 36 Month Lease
Monthly Base Payments: =339.81
Monthly Sales/Use Tax: +10.19
Total Monthly Payment: =350/mo
Below is the breakout the dealer gave me for this deal.
I backed into the MF from Rent Charge.
Adjusted Capitalized Cost: $28,368.22
---------
Agreed Upon Value: 28,292.17
Capitalized Fees: +1,512
Gross Cap Cost: =29,804.17
Capitalized Cost Reduction: -1,435.95
Adj. Cap Cost: = 28,368.22
Residual Value: -19,587.75
Depreciation & Amortization Amounts: =8,780.47
Rent Charge: +3,452.69
Total Base Payments: =12,233.16
/ 36 Month Lease
Monthly Base Payments: =339.81
Monthly Sales/Use Tax: +10.19
Total Monthly Payment: =350/mo
How are you calculating the rent charge? With a .00190 MF, I get $3280.32((28,368.22 + 19,587.75)*.00190)*36
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
((28,368.22 + 19,587.75)*.00190)*36
----
You are correct. So MF must be higher - around .002 on this deal.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
VA
2017 CRV LX AWD
36mo/12k miles
MSRP 26,285
Money Down: 2500 (not including 1st month)
Monthly Payment: 259/mo
That's all the information I have. Should I ask dealer for the CAP?
And, ask the dealer for a full breakdown of the $2500 up front cash.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Looking to negotiate a lease deal. Right now this is what they have given me for pricing...Which I know is not a good deal.
For a 3yr/36k mile lease on the 2017 CR-V EXL we can offer a sign and drive lease at $457.66/mo + $19/mo for 45k mile. With $2,000 down that number would drop to $393.77. With $3,000 down, just $362.96/mo.
A 2yr/24k mile lease would be $554.84/$460.11/$414.32 respectively with the same down payments, and again roughly $19/mo more for a 30k mile 2yr lease.
This is based on MSRP of $31,395
Purchase price of $30,600 ( this is the price they offered, I haven't responded to it yet)
I will not be putting any money down
Any and all advice is welcome!!
Using your prices, I get $385/mo plus tax for 36/12
Ask the dealer for the adjusted cap cost, and how they got to that number from the selling price.
What is the tax rate?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Still a long way away from the numbers the dealer is quoting. Getting the adjusted cap cost will help explain the difference.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Also, the dealer quoted us a sign & drive price (only 1st month's payment and DMV fees up front, all dealer fees and taxes included in the monthly figure) of $315 for an EX w/o nav for 39 months/30K miles (and 'about' $10/month more for 36K). He said they don't offer a straight 36 month lease because the banks give them better terms on 39. Should I be suspicious of anything? Is there a any down side to the longer term (other than having to stretch the mileage over 3 more months)? Is there a residual figure for 39 months? If not, how would I use the 36 month figures?
Lastly, are the Honda numbers regional or national?
Thanks so much for all the help!
Our numbers are from Honda Finance; confirm that your dealer is using them as well.
We would need to know the MSRP and selling price to figure the payment.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Are this usual numbers? I saw 0.00175 MF with 65% residual on this thread,
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
No incentives at this time.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4