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Comments
Yes... $900/mo. for a $52K vehicle is always going to be a bad lease deal. You don't need to know the money factor and residual to figure that out.
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premium plus MSRP $67,985
negotiated price $64,555.90
add audicare- $869
Rolled in all fees so 0 drive off
-$1121.81 first month payment
-$1004.77 license and registration
-$500.50 Doc Fee
-$895 acquisition fee
-other doc fees $10.50
Total gross cap cost- $68,948.46
Tax is 8.1%
They told me base rate MF of 0.00201. I cannot come up with their same monthly payment of $1121.81. My Calculations get $1089.26. If I use a higher MF of 0.002285 I match their number which is coincidentally a round 0.66% markup. Does this deal check out?
What state?
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Arizona
Im using 58% residual in my calculations
.00201 MF and 58% residual
1037.76 + 8.1% tax = $1121.82/mo.
I'm off by a penny from their quote..
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MSRP 73,040.00
Price 69,609.67
Doc 599.00
Tax 2,913.65
Fees 1094.97
Net 74,216.95
I get $1194/mo. with first payment due at signing.
Not a cheap car to lease.
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I have a question of my own, and I think dealer is adding something more or marking up somewhere because something is off:
MSRP = $64,800.00
Discount ($5,400.00) Rebate ($1,000.00)
Adjusted Price=$59,400.00
15k/36mo/Premium Plus/3.0
$2500 Cash Payment at Signing (covering 1st mo, Acq, Fees, etc..)
$978/mo.
CA taxes included in the monthly payment
It doesn't make sense to me how they get 980/mo with 59400 and where does the $1000 rebate go, shouldn't it apply towards the adjusted price but be taxable? He said he is including delivery fee and tax (he has to get the vehicle from another state) in the monthly payment. It sounds like $1000 (with mark up) is being added for delivery since that would explain the bump in monthly payment.
Without delivery, I am getting $939/mo without $1000 rebate, and $906/mo when including $1000 rebate.
Does this sound right?
.00201 MF and 55% residual
Ask for the adjusted CAP cost. And, an itemization. Otherwise, we are just guessing.
If you are putting exactly $2500 upfront, that doesn't exactly cover the costs you listed.
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That's $50 per month, or $1800 total.
About 7% annual return, guaranteed. What investment do you know of that pays that?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2018 Q7 3.0T Premium Plus
36 months/10k miles
w/audi care
NC
If we get 10% off MSRP with no other mark ups, I am getting $900/mo payment with everything except taxes up front on $65000 MSRP vehicle at $58500 (10% off) selling price with about $2750 taxes built in with .00201 MF and 55% residual in California.
Up front Acquisition, California DMV fees etc ($713), etc plus 1st month payment.
Before I discuss above with her, can you please check if this makes sense or if I screwed up something somewhere?
I am using this to get DMV fees: https://www.dmv.ca.gov/wasapp/FeeCalculatorWeb/newVehicleForm.do
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
With the prices given, I get $821/mo plus tax.
What is the sales tax rate where you live?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 months
10/12/15k
MF ?
Residual?
zipcode 19709
i might be thinking of purchase any idea what will extended warranty might cost? like 7yr/100k
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Add 2% for 12K or 3% for 10K
No info on warranty pricing.
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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
The MF will go up as the credit score goes down.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
It's for my sister who lives in California. Sales Tax in Los Angeles County where she lives is 9.5%
So on $65k vehicle, we are targeting to pay $900/mo (inc taxes) with only Acq, DMV and 1st Month up front (est $2500 or so).
I expected that 10% off 65k should be easily give us under $900/mo on 15k/36mo/P+/3.0
What do you think? I can't wrap my head around this for some reason. Thanks again.
The payment is largely dependent on the cap cost - negotiated price plus any fees you don't pay up front.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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For 36/12000 and 36/15000.
Can you also help with ball park numbers for monthly payment including tax? I am not sure how tax works in lease case.
Tax in WA is applied to the monthly payment and collected monthly.
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Thanks a lot.
Thanks a lot. 3.0. Also, values for 42/12k.
Thanks a lot.
36/12: .00201 MF and 57% residual
42/12: .00221 MF and 53% residual
No incentives
Would need a proposed selling price to calculate a payment.
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.00201 MF and 55% residual.
No incentives
We don't have the 18K/yr residuals.
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57% residual
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Please/Thank you
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Same
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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
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige