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2018
.00147 and 54% / 52% for 36/39 months
No 48 month terms are supported (read: it'll be expensive to lease for that long)
$750 Season of Audi Customer Credit
$1500 AFS Bonus Cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$750 Season of Audi Customer Credit
$1500 AFS Bonus Cash
Edmunds Price Checker
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Edmunds Moderator
$750 Season of Audi Customer Credit
$1500 AFS Bonus 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 / 2024 Kia Sportage Hybrid SX Prestige
$750 Season of Audi Customer Credit
$1500 AFS Bonus Cash
Edmunds Price Checker
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'd also want to add the Driver Assistance package to the Prestige. Does that change anything?
$2000 market allowance
$750 Season of Audi bonus
Packages and options do not affect the numbers
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 and 48 month, 7.5 K miles
any incentives?
36/7.5 - .00164 and 61%
42/7.5 - .00184 and 57%
$1500 lease credit
$750 Season of Audi credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can I have November q5 p+ numbers and any incentive/rebate?
36/7500, 36/5000
39/7500, 39/5000
98148
Would you give me suggestion to milimalize monthly payment? I'm planning to buy out.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Market allowance is factory to dealer, and will be part of any negotiated price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
And still can I have the number I requested if you don't mind in advance, thank you sir!
And still can I have the number I requested if you don't mind in advance, thank you sir!
To start with, you are paying an $895 lease acquisition fee, that wouldn't be part of a purchase deal.
For 7.5K/yr, just add 1% to the 10K/yr residual
5K/yr is not offered
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And still can I have the number I requested if you don't mind in advance, thank you sir!
To start with, you are paying an $895 lease acquisition fee, that wouldn't be part of a purchase deal.
For 7.5K/yr, just add 1% to the 10K/yr residual
5K/yr is not offered
Thank you sir!
Can I have 36/10 and 39/10 numbers? Zip 98148
.00147 and 55%
.00167 and 53%
$750 Season of Audi Customer Credit
$1500 AFS Bonus Cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/15
ZIP: 53177
Thanks!
$2250 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
54%/52% residual for P+/Prestige
$2250 lease bonus
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Today I went to a Chicago dealership and I was offered the following for a $53,000 MSRP Audi Q5 Premium Plus:
I was able to get 11% of the MSRP + $3250 lease incentive (2250 + 1000 company loyalty). In total this brought down the cap cost to 43,925. They confirmed they are using 53% RV and the base MF @ 0.00147. The vehicle would be registered in Rosemont, IL (Cook County) but outside of the city of Chicago. The tax rate is therefore 8.25%
My math shows that the payment should be 590.75 a month with 0 down. I did not count the doc & lic fees @ 396.94 as these will be paid with the first payment.
Where are we going wrong if they say they are using all the right numbers?
Many thanks for your help!
Same with the $925 acquisition fee and any dealer fee, plus the registration costs.
The number the dealer needs to provide you is the adjusted CAP cost, with all those fees (and others? this is where the dealer can slip stuff in) accounted for.
That likely is the difference between your payment and theirs.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I will ask for the detail on Monday. In the meantime I used the upfront tax method and it got me to the calculation below. I am curious to find out what the difference.
In Illinois you are taxed on all the monthly payments + all amounts due at lease signing. I therefore applied tax on acquisition fees and capitalized both the fee & tax. For the doc fees I applied tax, but only capitalized the tax.
The $3,250 incentive is taxable and there I am capitalizing the tax as well. In total, I came out to $2,002.18 in capitalized sales tax.
I now come out at $631.33 a month and the dealer is currently quoting me at $687.22.
Have I missed anything so far?
2018 Q5 2.0T Summer of Audi Premium Plus (new car, not demo)
Monsoon Grey with Rock Grey interior, B&O Sound, Warm Weather Package
MSRP $52,710
Sales Price: $44006.00
Rebate: $3,250 (includes $1,000 audi loyalty, $1500 AFS cash, $750 rebate)
Essentials Package $345.00 (window tint, door edge guards, rear bumper guard)
I'm trading in my car, $26,000 with a $26,000 payoff. So Texas sales tax is $1125.38 on this deal.
Acquistion fee $895
License, Reg, Fees $343.00
53% residual (no audi care)
Base MF .00147
36 months, 15,000 miles
$0 due at signing, all costs rolled into the lease.
$650.27 per month.
I come up with $630.65 by my calculations, so obviously they are hiding something somewhere in there. I can find out on Monday. All in all, it's a good deal on a Q5 2.0T but not a GREAT deal. I could use MSDs to lower the payment by $35 or so. But that's a lot of cash to tie up ($6,000ish) for only $35 a month reduction.
Given the stronger residuals on the SQ5, I think I can swing a SQ5 with a low 60's MSRP for about $685-695 month.
MSRP: 52,710
After discount: 47,256
After rebate: $44,006
?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$2250 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The $35/mo you are saving equals $1260 over the life of the lease.
That's a 7% annual return on the $6000 up front investment.
Where else are you going to see that kind of return.
And, you get the $6000 back at the end of the lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I come out to $642.99 a month vs. $687.22 (dealer), but I believe that we now have the math correct and can compare fairly.
At this point, the difference between your calculations and the dealer is one of two things:
1. CAP cost is different
2. MF is different (read: dealer marked it up)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00147 MF
52% residual (prem/premium plus)
53% residual (tech)
50% residual (prestige)
$1500 lease bonus
$750 SOA credit
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.00167 and 50%
$2250 incentives
Both trims
$1000 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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