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Could you please update 10k/36mo RV/MF for
Prestige
Premium Plus 3.0
in October for 2018 model Q7?
Thank you.
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.00169 and 57%
.00189 and 55%
.00189 and 53%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2018 3.0T Premium Plus in New Jersey
MSRP-$69,185
Invoice-$65,002.05
Selling Price-$64,342 (7% of MSRP)
Taxes-$1889.08
Gross CAP Cost-$67,325.07
Doc Fee-$299
Residual Value Amount and Percentage- 60% at 10,000 miles for 36 months and 58% at 10,000 miles for 39 months. Its 2% lower for 12,000 miles per year.
Money Factor-.00190 for 36 months & .00210 for 39 months
Tag & Title $788.
Any other cost I am missing?
Would there be any other discounts, bonus cash, conquest program, Corporate Fleet, incentives, manufacturer rebates I can use to lower my selling price to get my monthly payment lower?
Lastly, I feel that the MF and Residual migth be off.
Appreciate your advise.
Therefore, MF is marked up by the dealer for extra profit.
There is only a 1% delta between the 10K and 12K residual, not 2%
The only incentive I see for the 2018 Q7 is a $1000 loyalty incentive if you have a car already financed by Audi.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks for the response. Sorry for coming back to you on this so if I get a 2018 3.0T Premium Plus
So do you think its a good deal if I get these numbers?
MSRP-$69,185
Selling Price-$64,342 (7% of MSRP)
IF the Dealer follows the Money Factor Numbers - .00190 for 36 months & .00210 for 39 months as you suggested instead of .00190 for 36 months & .00210 for 39 months
Ideal Miles Per Year - 12,000 Miles Per Year
Residual- Correct me if I got this correct?
60% at 10,000 miles for 36 months
58% at 10,000 miles for 39 months
59% at 12,000 miles for 36 months
57% at 12,000 mies for 39 months
What do you think is the Monthly Lease Amount coming up to?
Just want to make sure i am getting the same numbers.
Thank you for your help.
Thanks for the response. Sorry for coming back to you on this so if I get a 2018 3.0T Premium Plus, DO you think its a good deal if I get these numbers?
Please just review the numbers one more time. Thank you so much.
LEASE WORKSHEET:
* MSRP-$69,185
* Invoice-$65,002.05
* Selling Price-$64,342 (Is this a good price, they said its 7% of MSRP, $4,843.00
Discount) including all the possible discounts they can plug in
* NJ Taxes-$1889.08 (I live in NJ and will plan to secure the car in NJ)
Gross CAP Cost-$67,325.07
Residual Value Amount and Percentage:
60% at 10,000 miles for 36 months
58% at 10,000 miles for 39 months
59% at 12,000 miles for 36 months
57% at 12,000 miles for 39 months
Money Factor that should be for the Lease Deal for October 2017:
36 month- .00169
39 months- .00189
what if the dealer does not want to honor the MF, what can I say?
How else can I lower my MF or monthly payments, does it make sense to not use AFS and utilize US Bank or other options?
Based on my previous note, here is the Lease Amounts they are quoting me.
Annual Mileage Allowed: 10,000 Miles with 36 Months Lease
$0 Cash Down = $838/month
2000 Cash Down = $779/month
$4000 Cash Down = $719/month
Annual Mileage Allowed: 10,000 Miles with 39 Months Lease
$0 Cash Down = $853/month
2000 Cash Down = $798/month
$4000 Cash Down = $742/month
Annual Mileage Allowed: 12,000 Miles with 36 Months Lease
$0 Cash Down = $859/month
2000 Cash Down = $799/month
$4000 Cash Down = $740/month
Annual Mileage Allowed: 12,000 Miles with 39 Months Lease
$0 Cash Down = $910/month
2000 Cash Down = $854/month
$4000 Cash Down = $799/month
Would appreciate if you can run a simulation on your end with correct variable numbers, so see
what do you think is the Monthly Lease Amount coming up to? And are we getting the same numbers?
Thank you for your time
Then, start shopping other dealers; it only takes one to meet your numbers.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I receive a deal from a NJ dealer as following:
MSRP $71,000
Sale $67,000
Money factor: 0.00169
Residual: 56%
Q7 Prestige, 2018 with adaptive chasis, cold weather package
Monthly payment plus tax = $1077
all other fees plus charges included in monthly payment
is this a good deal?
thanks
How much is due at signing?
What is the adjusted cap cost, with all fees and taxes added in?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MF is marked up; tell them you won't sign a deal where the MF is inflated.
What is the total amount due at signing?
Also, we don't recommend so much down payment at signing - that money will be lost if the car is stolen or totaled.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Follow up to my earlier question:
Sorry for coming back to you on this so if I
get a 2018 3.0T Premium Plus, DO you think its a good deal if I get
these numbers?
Please just review the numbers one more time. Thank you so much.
LEASE WORKSHEET:
* MSRP-$69,185
* Invoice-$65,002.05
* Selling Price-$64,342 (Is this a good price, they
said its 7% of MSRP, $4,843.00
Discount) including all the possible discounts they can plug in
* NJ Taxes-$1889.08 (I live in NJ and will plan to
secure the car in NJ)
Gross CAP Cost-$67,325.07
Residual Value Amount and Percentage:
60% at 10,000 miles for 36 months
58% at 10,000 miles for 39 months
59% at 12,000 miles for 36 months
57% at 12,000 miles for 39 months
Money Factor that should be for the Lease Deal for October 2017:
36 month- .00169
39 months- .00189
what if the dealer does not want to honor the MF,
what can I say?
How else can I lower my MF or monthly payments, does it make sense to
not use AFS and utilize US Bank or other options?
Based on my previous note, here is the Lease Amounts they are quoting me.
Annual Mileage Allowed: 10,000 Miles
with 36 Months Lease
$0 Cash Down = $838/month
2000 Cash Down = $779/month
$4000 Cash Down = $719/month
Annual Mileage Allowed: 10,000 Miles
with 39 Months Lease
$0 Cash Down = $853/month
2000 Cash Down = $798/month
$4000 Cash Down = $742/month
Annual Mileage Allowed: 12,000 Miles
with 36 Months Lease
$0 Cash Down = $859/month
2000 Cash Down = $799/month
$4000 Cash Down = $740/month
Annual Mileage Allowed: 12,000 Miles with 39 Months Lease
$0 Cash Down = $910/month
2000 Cash Down = $854/month
$4000 Cash Down = $799/month
Would appreciate if you can run a simulation on your end with correct
variable numbers, so see
what do you think is the Monthly Lease Amount coming up to? And are
we getting the same numbers?
For 39/10, I get $900/mo
Both assume $0 down.
The only variables in a lease are the MF used and the adjusted cap cost - the MSRP and residual are fixed.
I'd confirm the adjusted cap cost the dealer is using - a printout of the lease calculation worksheet would be even better.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hi, could you please tell me which dealer is offering 7% off? (too bad they are marking up MF, but it's worth a try and see what they have in stock)
Thanks.
fmuhammed said:
Hi,
I receive a deal from a NJ dealer as following:
MSRP $71,000
Sale $67,000
Money factor: 0.00169
Residual: 56%
Q7 Prestige, 2018 with adaptive chasis, cold weather package
Monthly payment plus tax = $1077
all other fees plus charges included in monthly payment
is this a good deal?
thanks
I get $937/mo before tax.
How much is due at signing?
What is the adjusted cap cost, with all fees and taxes added in?
Hi Michaell<
the acquisition fee is $895, Fee and Insurance is $904, upfront taxes is $370, and residual value $39746.
Thanks
Ask the dealer for the adjusted cap cost.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Also out of curiosity, this is a second car we will only be driving it 5000-7500 miles / year. Most likely closer to 5000 miles. Any advice on purchase vs. lease? My quick thought is that Audis in general don't lease as well as BMWs and other german cars given the inflated money factor so I'm leaning towards a purchase, but would appreciate any other thoughts if others have thought through this
Thanks
Yes, Audi offers an MSD program - we think it's a max of 9 @ .00005
How long do you plan to keep the car? If longer than the lease term, might as well buy and keep rather than lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
It looks like this dealer is giving me only 3% ~$2000 only, discount, instead he is asking me to pay taxes up front in order to give me "BELOW $900/mo" payment on my 10/36 lease of P+? Am I right?
MSRP $70000
Per month $898
Due at signing 1st month $898, Bank $895, Tax $2954, DMV $200.
I estimate sale price to be around 68000.
Plus taxes look high by $250 since I am in NYC.
Thanks in advance.
Here is another one, this deal is claiming to give me a big discount off MSRP, (big chunk) but he asks me to pay so much at signing, I don't think these are justifiable. Dealer is in NJ, I live in NY.
First Monthly Payment = $depends on deal$
Registration = $335
Acquisition = $895+$61 TAX
Docs = $499
Web Dealer Fee = $11
Slpmt Title Fee = $256
Tire Tax = $7.50
Doc/On Line Tax = $35
He brings my monthly payment low but I need to pay over $3000 down (inc bank & 1st month), but a bulk of this is not going towards the vehicle, which is a bit over $1200. If I put that back in the cap cost, my monthly payment shoots up.
Looks like about $2300 off MSRP.
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Acquisition fee is taxed almost everywhere.
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Also, wanted to run this dealer quote by the gurus:
MSRP = $57325
Discount = $3000
Selling Price = $54325
Rebate = $1000
Subtotal = $53325
Taxes = $1248.06
Licenses/Fees = $367
Balance = $54940.06
36/12k = $791/month. Only first payment ($791) due at signing. MF quoted as 0.00198 and residual 59%
I've learned my lesson with putting money down or trading in on a lease so always go for no money down.
Thoughts on this deal?
Thank you
If that's the case it's better to accept a lower discount and stay in NYC since it keeps OOP to minimum.
Do you have any idea about the charges in PA? They gave me this in PA:
$69215 MSRP
$62985 After rebates/incentives/credits
60%/0.00169
Option a. )
$1500 OUT OF POCKET (I didn't get a breakdown)
$884/mo
Option b.)
$3000 OUT OF POCKET (no breakdown)
$833/mo
I will ask them to breakdown the OOP costs, but do you have any idea how they reach the number.
They must be incorporating some of the fees into lease to get $1500 OOP because there has to be bank fee $975, tax on bank fee, 1st month, so that's at least $1858. DMV, Doc Fee, etc..
My estimate on A) above $1500 out of pocket, there is another $1150 that gets tacked onto sale price, making total $883/mo.
This means if I ask for something between A and B like $2000 OOP, I should be at $866/mo. I am guessing.
Using your MSRP and Balance amounts, I get $735/mo plus tax.
MF bump is adding about $25-30/mo to the payment.
Confirm the adjusted cap cost the dealer is using to get their quoted payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Keep it simple, and tell each dealer you'll give them $1500 out of pocket, then compare the quotes you get back. Anything not paid up front will be rolled into the cap cost.
And, use this link to build your own lease calculator; that way, you won't be guessing on the payment, you can plug in all the variables yourself and see the resulting payments.
https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
This is a perfect suggestion, great idea.
Fixing the out of pocket "I'll pay no more than $1500, give me the selling price and my monthly lease payment".
I should target savings off MSRP, though, and then once desired %off is reached, we can tell them how much to pay at signing. The only variable is DMV. I'v seen them always say "1st month + DMV" and it looks like DMV charges can vary greatly. On my last X5 I paid $80, but on Audi, dealer expects me to pay over $400, plus title fees. So even "1st month + DMV" is vague. Are we allowed to push them to tell us exact numbers, not just "+DMV"? I already tell them I am transferring plates, that should be enough for them to tell us DMV costs, isn't it?
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Can you please provide MF and residual for 2018 Q7 2.0TFSI Premium Plus, 36 months, 15k miles/year? Thanks.
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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
Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I get $929/mo with those prices.
Ask the dealer for the adjusted cap cost, and make sure you understand what was added to and subtracted from the selling price to get that number.
We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.
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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
Can I get MF and RV for a 2018 3.0 prestige and premium plus 36/10 in GA, ILL, and TN? Thanks!
looking at a lease on an Audi A4 2018.
MSRP 44,500
Cap Cost 39,000
MF- .0095
RV- 52%
42 month lease
10k per year
425 monthly payment
$3,000 total down - everything in
Fair deal?
Thank you!!
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https://forums.edmunds.com/discussion/45440/audi/a4/2018-audi-a4-lease-deals-and-prices#latest
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