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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Also, what would this be for a one-payment lease?
We can't give you a lease price. If you have the MSRP and a proposed selling price, we can calculate a payment.
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2. Also do you think this is a good deal and somehow for 7500 miles
Lease Price - $51,855 , Audi Care : $869 ., Sale Tax : 259.27 & Title/DMV Fee : $481. So total is $53464.27 . MF they mentioned is 0.00185 . Residual : $34546. But somehow they are saying if I put $4500 down - the payment will be $599.month. But based on my calculation it should be $555/month.
3. What am I doing wrong here ?
4. Also do we need Audi care in a lease ?
2. What is the MSRP?
3. We don't recommend any large down payments on a lease - it masks the true cost, and the up from money would be lost if the car is stolen or totaled
4. We do recommend AudiCare, as it adds 1% to the residual, effectively halving the cost. Have you priced Audi services lately?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2. MSRP is $56,650
3. Audi Services for 20k miles is $550 & 30k miles is $300
2. MSRP is $56,650
3. Audi Services for 20k miles is $550 & 30k miles is $300
So, $850 worth of services for about half that - yes, we recommend Audi Care
Sure, you can put down any amount you want to start a lease. You think it's a coincidence that they gave you a down payment number to make for a nice payment number like $599/mo?
Without any money down, I get a payment of $703/mo, which is about right. Audis, in general, don't lease all that well.
I am, however, struggling with the residual value that you quoted. Is the MSRP you gave me the bottom line number of the window sticker, with all options and destination charges added in?
If so, then 60% of that is $33,990.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
yes the MSRP on the windows sticker at the bottom showed : $56,650 . Thats the reason i am confused as based on my calculation it should be $555/month with $4500 down (which includes acquisition fee & first down payment).
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So, subtract the first payment and acquisition fee from the $4500; that's about $1400, or $40/mo. That's almost the difference between your calculation and theirs. You're subtracting the entire $4500; the dealer is only applying $3100 as a cap reduction.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$8000 down
36/10
MSRP $55,880
Cap Cost: $43,736
Residual: 59% of MSRP
Money Factor: .00235
$610/mth
The monthly payment seems much higher than what the Edmunds basic lease calculator spits out ($479)
Is $610 a good deal? What am I doing wrong in my calculation? Thanks.
.00185 MF and 59% residual
First... why put $8000 upfront on a lease?
Second... the money factor is marked up.
Third... with that CAP cost and marked up money factor, the payment would be $479/mo.+tax (9%-11% tax in PA)
I'll guess that isn't the actual adjusted CAP cost. And, no, it's a terrible deal.
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So, no... I wouldn't think $999 for one vehicle would be worth it.. Good deal for the dealer, though.
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Great insight here.
I'm thinking to lease 2018 Q7 P+. Checked it on Cargurus.com and one of dealers listed one at MSRP $64710 with vision package/Cold Weather Package/Orca Black Metallic/Premium Plus Package. Cargurus.com suggested great price $58825. So I have some following questions:
1. How true or likely we can get the deal with Cargurus suggested price? If so, what's the monthly pymt look like?
2. Do you think $599/mo for 42 months with $1,999 capital reduction a good deal? (this one's MSRP is $61375 though without vision package/Cold Weather Package/Orca Black Metallic)
thank you so much.
2. The down payment is effectively lumping about $47/mo into the up front cash - the true cost, therefore, is $646/mo. And, the up front monies would be lost if the car is stolen or totaled.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00187 and 58% (P+) or 55% (Prestige)
$1000 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00185/.00187 MF for 2.0/3.0
59% residual
39/10
.00205/.00207
57% residual
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Also, any incentives available at this time?
.00185/.00187 MF for 2.0/3.0
59% residual
Subtract 1% for 12K/yr
Add 1% if purchasing AudiCare
$1000 AFS loyalty
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Shoot for 6% off MSRP
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Likely some sort of residual reduction to account for the current mileage.
What term/mileage on that lease quote?
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59% residual
Assuming you had the full 59% residual, the CAP cost would have to be approx. $55K to get that payment.
I'm not sure $6000 off MSRP is all that great for a demo with 4000 miles.
For sure, you want to find out exactly how much is due at signing. "taxes and fees" will sometimes hide some extra large unexpected charges.
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Add 1% to residual if purchasing AudiCare
$1000 loyalty
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Can I please get money factor and residual for the 3.0T prestige for 24 month lease? 10k miles per year.
Do the numbers change for the premium trim?
thanks
Add 3% for Premium or Premium Plus
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(36/15) .00225 MR and a residual of 56%, $4K off MSRP....
.00185 and 56% for 36/15
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I got quoted the following for a Q7 2.0 premium plus in NJ 36/12 lease
MSRP 56775
Selling price: 53700
Lease: $745/month, with $4738 in taxes and fees
Does it look reasonable, what're the typical fees that I should be paying, want to make sure I am not being overcharged over there. I'll call back tomorrow to get a breakdown of the fees/taxes
Thanks,
Assuming the $4738 covers everything, the prices provided give me a payment of $737/mo. Close, but still about $300 apart on the cap cost.
I'd look at that list of fees and taxes very closely....we recommend only paying the first payment and registration fees at signing, and roll the rest into the lease payment.
Might also be a few hundred more to give in the selling price, as well.
The Q7 lease program isn't just that great, to begin with.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
39/12000
$4257 taxes and fees
689 a month
MF:00140
Res:57%
breakdown of due at signing
document fee 449 dmv 399 bank fee 895 first payment 689 taxes 1825
Does anything looks marked up here. This does seem like a better deal, 1% residual for 3 months and lower MF.
Thanks
What is the net cap cost of the second offer?
Same advice applies to taxes and fees - roll them into the lease payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2) What payment should I expect on a car with MSRP $65000. Out of pocket expense of $1500 ONLY? On a 36/12 and a 42/12
3)What would buying the AudiCare do to the price?