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Comments
- 2.5i Touring with Starlink (stock# D3218HN)
- 3.6R Touring with Starlink
Thanks for the help!3.6: .00075 MF and 62% residual
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36/10 - 62% and .00050
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2018 Subaru Outback premium 2.5i — package 15 with eyesight and moonroof
Subaru of Sherman oaks in SoCal
MSRP $33,305
Residual 61%
MF 0.00050
$1000 out of pocket
Check back to me of $2616 (dealer buying the last 8 payments of my current 2015 Ford Focus lease 8 payments x $327/mo left)
Initial cost $32649.47
Adjusted cost $32515.53
$399.99/mo including tax (365.29 without)
The key here is that the dealer is buying me out of my current lease $2616 as we are moving to Oregon and I have no need for a FWD car.
Am I getting a bad deal?? Thank you for reviewing, this means the world to me.
Scott
Also, have you checked with the leasing bank? Just because you pay off your lease, doesn't mean that you can turn it in early. It's counter-intuitive, but you may be on the hook for thousands of dollars in early termination charges. The dealer isn't buying you out of your current lease. To do that, he'd have to take your car in trade. But, they aren't doing that. They are just giving you a check, and you are on your own with the lease.
If the dealer is giving you a check for $2616 that means you are still paying for that current lease. Basically making two payments for the next eight months. Because without that, your payments would be lower by the same amount.
Now, for the last part. Why lease in CA, and start paying tax on the payments, then have to change registration, etc. when you get to Oregon. Also, Oregon has no sales tax. Eventually, once you re-register, SMF will stop collecting sales tax, but why get started that way?
Regardless of how good your deal is, this could be a very expensive endeavor. We get a lot more snow where I live than in Portland, and I drive a RWD car. There is no way you need AWD to move to Oregon.
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My wife and I share the Ford Focus -- we have 2 Big Dogs and a baby on the way --- so definitely a need for a bigger car, hey, maybe even two cars for the next 8 months if the dealer is paying my last 8 payments!
I will reached out to Ford Credit and see if there are any early lease termination fees I must pay for turning the car in early --
With all of that said, I am still trying to figure out if this sales guy quoted me a good deal -- ever since I started doing my research on Edmunds with RV, MF, etc. I have been trying to figure out the math to see if this is a good or bad deal. Would you mind telling me based on the above info, what a fair lease would be given the Ford situation / check back for $2616, etc ?
Thank you!!
2018 Outback 2.5i base, 36 months, 10k miles, 0 down
MSRP: $26,810
Selling Price: $24,325
Total Cap Cost: $24,687
Residual Amount: $17,695
Monthly payment: $260+tax = $285 incl. tax
Thanks for the help.
With the prices provided, I get $230/mo plus tax.
Ask them what MF they used for their quote; it can be marked up as much as .00050 for extra profit.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2018 Subaru Outback premium 2.5i — package 15 with eyesight and moonroof
Subaru of Sherman oaks in SoCal
MSRP $33,305
Residual 61%
MF 0.00050
$1000 out of pocket
Check back to me of $2616 (dealer buying the last 8 payments of my current 2015 Ford Focus lease 8 payments x $327/mo left)
Initial cost $32649.47
Adjusted cost $32515.53
$399.99/mo including tax (365.29 without)
The key here is that the dealer is buying me out of my current lease $2616 as we are moving to Oregon and I have no need for a FWD car.
Am I getting a bad deal?? Thank you for reviewing, this means the world to me.
Scott
Well, first... I was in Oregon a couple of months ago, and it's full of FWD cars!
Also, have you checked with the leasing bank? Just because you pay off your lease, doesn't mean that you can turn it in early. It's counter-intuitive, but you may be on the hook for thousands of dollars in early termination charges. The dealer isn't buying you out of your current lease. To do that, he'd have to take your car in trade. But, they aren't doing that. They are just giving you a check, and you are on your own with the lease.
If the dealer is giving you a check for $2616 that means you are still paying for that current lease. Basically making two payments for the next eight months. Because without that, your payments would be lower by the same amount.
Now, for the last part. Why lease in CA, and start paying tax on the payments, then have to change registration, etc. when you get to Oregon. Also, Oregon has no sales tax. Eventually, once you re-register, SMF will stop collecting sales tax, but why get started that way?
Regardless of how good your deal is, this could be a very expensive endeavor. We get a lot more snow where I live than in Portland, and I drive a RWD car. There is no way you need AWD to move to Oregon.
Thank you for your very thoughtful reply! I probably have included a few more details --
My wife and I share the Ford Focus -- we have 2 Big Dogs and a baby on the way --- so definitely a need for a bigger car, hey, maybe even two cars for the next 8 months if the dealer is paying my last 8 payments!
I will reached out to Ford Credit and see if there are any early lease termination fees I must pay for turning the car in early --
With all of that said, I am still trying to figure out if this sales guy quoted me a good deal -- ever since I started doing my research on Edmunds with RV, MF, etc. I have been trying to figure out the math to see if this is a good or bad deal. Would you mind telling me based on the above info, what a fair lease would be given the Ford situation / check back for $2616, etc ?
Thank you!!
The price without the check back to cover your payments would be about $319/mo. instead of $399/mo.
It's a pretty good deal on the Subaru.
Check with Ford Credit about your lease.
I'd be inclined to wait as long as I could. Every month you wait is basically free, compared to just giving away your current lease payments.
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Also, have you checked with the leasing bank? Just because you pay off your lease, doesn't mean that you can turn it in early. It's counter-intuitive, but you may be on the hook for thousands of dollars in early termination charges. The dealer isn't buying you out of your current lease. To do that, he'd have to take your car in trade. But, they aren't doing that. They are just giving you a check, and you are on your own with the lease.
If the dealer is giving you a check for $2616 that means you are still paying for that current lease. Basically making two payments for the next eight months. Because without that, your payments would be lower by the same amount.
Now, for the last part. Why lease in CA, and start paying tax on the payments, then have to change registration, etc. when you get to Oregon. Also, Oregon has no sales tax. Eventually, once you re-register, SMF will stop collecting sales tax, but why get started that way?
Regardless of how good your deal is, this could be a very expensive endeavor. We get a lot more snow where I live than in Portland, and I drive a RWD car. There is no way you need AWD to move to Oregon.
Thank you for your very thoughtful reply! I probably have included a few more details --
My wife and I share the Ford Focus -- we have 2 Big Dogs and a baby on the way --- so definitely a need for a bigger car, hey, maybe even two cars for the next 8 months if the dealer is paying my last 8 payments!
I will reached out to Ford Credit and see if there are any early lease termination fees I must pay for turning the car in early --
With all of that said, I am still trying to figure out if this sales guy quoted me a good deal -- ever since I started doing my research on Edmunds with RV, MF, etc. I have been trying to figure out the math to see if this is a good or bad deal. Would you mind telling me based on the above info, what a fair lease would be given the Ford situation / check back for $2616, etc ?
Thank you!!
The price without the check back to cover your payments would be about $319/mo. instead of $399/mo.
It's a pretty good deal on the Subaru.
Check with Ford Credit about your lease.
I'd be inclined to wait as long as I could. Every month you wait is basically free, compared to just giving away your current lease payments.
Ford says that there are no fees to turn in the car early -- i can pay the $2616 and take the car to my local Ford Dealer --- so you are saying that even though the dealership is cutting me a check for $2616 -- I am still essentially paying that $2616 in form of $80/mo over my NEW 36 month lease ?? Based on the numbers I gave you WITHOUT the Ford in the equation, my payment is $319 -- so I am still paying it the $2616.. ugh, he lied to me!
My wife and I share the Ford Focus -- we have 2 Big Dogs and a baby on the way --- so definitely a need for a bigger car, hey, maybe even two cars for the next 8 months if the dealer is paying my last 8 payments!
I will reached out to Ford Credit and see if there are any early lease termination fees I must pay for turning the car in early --
With all of that said, I am still trying to figure out if this sales guy quoted me a good deal -- ever since I started doing my research on Edmunds with RV, MF, etc. I have been trying to figure out the math to see if this is a good or bad deal. Would you mind telling me based on the above info, what a fair lease would be given the Ford situation / check back for $2616, etc ?
Thank you!!
The price without the check back to cover your payments would be about $319/mo. instead of $399/mo.
It's a pretty good deal on the Subaru.
Check with Ford Credit about your lease.
I'd be inclined to wait as long as I could. Every month you wait is basically free, compared to just giving away your current lease payments.
Ford says that there are no fees to turn in the car early -- i can pay the $2616 and take the car to my local Ford Dealer --- so you are saying that even though the dealership is cutting me a check for $2616 -- I am still essentially paying that $2616 in form of $80/mo over my NEW 36 month lease ?? Based on the numbers I gave you WITHOUT the Ford in the equation, my payment is $319 -- so I am still paying it the $2616.. ugh, he lied to me!
It seems obvious to me that if a dealer gives you a check for $2616, that they could lower the price by that much if they didn't give it to you. That's pretty upfront.
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Did you get a good deal? Be sure to come back and share!
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My wife and I share the Ford Focus -- we have 2 Big Dogs and a baby on the way --- so definitely a need for a bigger car, hey, maybe even two cars for the next 8 months if the dealer is paying my last 8 payments!
I will reached out to Ford Credit and see if there are any early lease termination fees I must pay for turning the car in early --
With all of that said, I am still trying to figure out if this sales guy quoted me a good deal -- ever since I started doing my research on Edmunds with RV, MF, etc. I have been trying to figure out the math to see if this is a good or bad deal. Would you mind telling me based on the above info, what a fair lease would be given the Ford situation / check back for $2616, etc ?
Thank you!!
The price without the check back to cover your payments would be about $319/mo. instead of $399/mo.
It's a pretty good deal on the Subaru.
Check with Ford Credit about your lease.
I'd be inclined to wait as long as I could. Every month you wait is basically free, compared to just giving away your current lease payments.
Ford says that there are no fees to turn in the car early -- i can pay the $2616 and take the car to my local Ford Dealer --- so you are saying that even though the dealership is cutting me a check for $2616 -- I am still essentially paying that $2616 in form of $80/mo over my NEW 36 month lease ?? Based on the numbers I gave you WITHOUT the Ford in the equation, my payment is $319 -- so I am still paying it the $2616.. ugh, he lied to me!
It seems obvious to me that if a dealer gives you a check for $2616, that they could lower the price by that much if they didn't give it to you. That's pretty upfront.
understood --- sorry this is all new to me... making more sense now.
I guess I need them to discount the car even more
2018 Outback 2.5i base, 36 months, 10k miles, 0 down
MSRP: $26,810
Selling Price: $24,325
Total Cap Cost: $24,687
Residual Amount: $17,695
Monthly payment: $237.73+tax
It's not exactly $230. Is he still using a higher MF?
The only two variables in a lease calculation are the adjusted cap cost ($24,687, in your case) and/or the MF.
At the moment, there is about $275 delta in the cap cost, assuming they are using the base MF.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Portland, OR
Thanks in advance
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
62% and .00080
Lease payment will be depending on the discount you negotiate from sticker.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2018 Subaru Outback 3.6R Limited with Eyesight
MSRP 38556
64%
.0008
1000.00 down
399.00 monthly
3 Year / 12k a year
2018
Oregon
Outback
2.5i touring with starlink
36/12k
How many months?
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2018 Subaru Outback 3.6R Limited with Eyesight
Details:
2018 Subaru Outback 3.6R Limited with Eyesight
MSRP 38556
64%
.0008
1000.00 down
399.00 monthly
3 Year / 12k mileage a year
What state and tax rate?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I will have them provide the numbers today. Thank you
Which state?
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2018 Subaru Outback 3.6 Touring
MSRP: $40,599
Negotiated, out the door: $38,390
.00125
62%
$2500 down
3 year, 12K/year
South Carolina, tax capped at $500.
By my math that comes to around $374/month. That MF seems a bit high compared to others I've seen here.
The $1000 up front won't cover all your initial costs (sales tax, first payment, acquisition fee, registration).
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Guess what? Yours did.
We also suggest you limit your up front cash to just the first payment and registration costs.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP 39000
64%
.0008
1000.00 down
399.00
36 month/ 12 k a year
Albany area + New York
I won’t be able to see the adjusted cap cost until tomorrow, any area I should drill down and look for?
They have been playing with the MSRP on the car. From the # provided, does the deal look within reason?
Thank you
Make sure you know exactly which car you are leasing, and the equipment included.
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2018 Subaru Outback 2.5i Limited w/ Eyesight
MSRP: $36,581
Selling price: $30,647
MF: .00060
Residual: 62%
Tax rate: 9%
Drive off: $795 (DMV, first month and portion of acquisition)
Monthly payment w/ tax: $294
Thanks for sharing your deal details with us.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Thanks,
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4