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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Dealer is offering v6 awd for $455.06/month.
$39,165 msrp
$31,350 cap cost
$5500 lease incentives on both
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$5500 incentive
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I'd guess that is just the selling price, not the adjusted CAP cost.
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52%/50% residual for FWD/AWD
$3275 incentive
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24/7.5K
36/7.5K
24/10K
36/10K
Zipcode is 07020.
Thanks!
56%/50% residual for 24/36 mo, 10K/yr
Add 1% for 7.5K/yr
$5500 incentive
Either engine
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On my first lease statement it says my "payoff" is c.$25,500. My question may seem silly, but as someone who has never leased before here goes: So, like a loan, if you somehow are able to buy a car that's leased, you could potentially write a check or get a loan for the payoff amount? Or am I confused about what that means?
It varies from brand to brand, but it's generally the sum of the outstanding payments, plus the residual value. But, AFS can give you a payoff quote.
And, you can convert the lease to a traditional loan, as well.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The 36/15 residual is 45%, not 47% (that is 36/12)
There is also $5500 of lease incentives available, which makes the total dealer discount of $6552.70 kind of small. I'd push for a bigger discount from sticker.
Ask the dealer for the true residual amount used in their payment quote - there should be a per-mile adjustment for the extra miles you've requested.
Until we can unravel some of these questions, I think the payment is too high.
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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
For zip code 21042, for a FWD 2.4 TLX with no packages, what's the money factor Residual and incentives for 24/36 for 7.5k miles?
Thanks!
57%/51% residual
$5500 incentive
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For zip 22201, for a 2018 TLX Tech (V6), how is the below deal? Just realized the dealership quoted me for V6, when realistically, I'd probably want a V4, so can ask them to adjust that.
- MSRP: $40,850
- Discount: $10,000 (all-inclusive of incentives + dealer discount)
- Trade-in: $4,500
- Destination fee: $595
- Dealer processing: $695
- Tax: $1,333.81
- Non-tax (registration, etc.): $115.73
Monthly payment: $324
Residual: $18,363
What lease term and how many miles per year?
How much is the dealer asking from you at signing?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The dealer is applying the trade-in against the discounted price (after they took the $10k off).
36 month term, 15k miles/year
Dealer is asking for $324 at signing.
Based on calculations I did with a deal they had on the website for the exact car for $2k cheaper ($38,844 MSRP), the cost/month should actually be closer to $285 instead of $324, so I may counter and see if the dealer can do that. Even still, assuming $10,000 off of $38,844 (putting me to $28,844) that's only $1600 or so of discount from the dealer vs. the Acura incentive ($6375). My calculations account for the revised tax amount, depreciation amount, adjusted cap cost, etc.
The incentives are only $5500, this month, FYI.
.00054 and 45% for 36/15 on V6 Tech
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2018 TLX V6
MSRP 37,150
sale price 28,750
adjusted cap cost after fees: 29,374
payment: $366/month
got towards end of the month, last 2018 on the lot. The 2018's are getting VERY scarce around me, had to really do some hunting and negotiating. Was able to do everything by phone or email and roll in for paperwork. Take delivery tomorrow! Thanks again!
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Leased a 2018 Acura TLX A-Spec
MSRP: $43,750
Selling Price: $34,924
Remote Start (normally ~$600-700, thrown in for free)
Down Payment: $140
Monthly Payment: $448.05 ($452 including down payment)
Monthly Payment w/ 7% tax: $479.42 ($483 including down payment)
Term: 36mths/15k miles
Residual: 47%
MF: 0.00054
I bought some extra miles at $0.10 a mile, but that's not really relevant for this deal. The payments went towards lowering the residual.
I feel like this was a solid deal. They told me they really really wanted to get their remaining 2018s off the lot. They had 3 A-Specs left, including mine.
Also did everything by email and phone. Dealership was a dream to deal with.
Good luck out there!
Congrats, and enjoy! I test drove a CPO TLX V6 Tech AWD yesterday. Great car.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I started receiving offers this week. This is latest one I have received. Would love to have your thoughts on it. It looks like it is a "demo" 2018 TLX (2.4 Base) with 2,510 on the Odo. Any help/advise would be greatly appreciated.
.00054 MF
48% residual for 36/10, if this is the 2.4 Tech model.
$5500 incentive
Is this Maryland?
Not sure what is going on with their mileage adjustment.. seems like they didn't do the calculation.
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Are their fees legit?
License, Title and registration fee = $327
AHFC Acquisition fee = $595
Dealer Doc fee = $299
It also look like they are only discounting about $350 from MRSP (after the $5,500). What should I target a discount for Acura, 7% or more like 10%? Should the discount be higher on a demo car with 2,510 miles on it?
Of course, lease taxes are high in MD.
The base model should have a residual of 50% for 36/10
I'm not sure how Acura deals with demo/loaners. But, yes, the price should be less than for a new car.
Doesn't look like they actually did the adjustment for the existing mileage and used the wrong residual. Of course, this isn't a complete quote, anyway.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
RV, MF, incentives 36/7500 and 36/10 please
zip code 46373
56%/55% residual
$3450 incentive
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RV, MF, incentives 36/10 please
zip code 21117
Assuming 50%, 0.00054, $5500 incentive.
Please confirm.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
https://forums.edmunds.com/discussion/50814/acura/tlx/2019-acura-tlx-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$5500 lease incentives
That represents only a $1350 discount from sticker; I think you can do better.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is the Due at Signing amount on your quote?
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Thanks in advance
[edit] Since I'm completely new at this, can anyone confirm my negotiating logic? If the lease incentive is $4K and the invoice price of the vehicle is $36K then a reasonable offer would be $32K because the dealer gets the $4K back from the manufacturer, so that the dealer is really selling the car at invoice.