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$60,805
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: 70,450
Selling Price after discounts and incentives: 61,400 (13% off)
MF: .00104 (.00054 after 10 MSDs)
Residual: 57%
Acq Fee: 695 (paid up front)
1830.69 due (0 down, inception, 1st month, dmv tags) edit: this should be a little less since I negotiated another 400 off since my initial post.
Sales Tax: 9% rolled in
700/month
Two Volvo dealers. One in Englewood and another in Ramsey. Make a deal here, they do the lease for NY and service it at your local dealer.
You got a good deal at one of these. I am will to go there if I can service it in NY.
Either the cap cost is higher than you've given me, or the MF is marked up. Those are the two variables in a lease.
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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
I have not been to these dealers. I lived in the NY in the past and had a few leased cars that originated in New Jersey Dealerships. I am familiar with automotive groups along the route 17 corridor. I would look at there web site and see what is in stock. If interested in a vehicle, inquire through there web site. You will get a response from an internet manager. Now some of the internet managers have limited resources and knowledge. They will often but you with one of the sales managers. Please know your number as this will help in getting a manager that you can deal with directly. DO NOT drive to the dealership until you have a deal you are comfortable in place and in writing. I would have numbers on at least 2 vehicles as one may drive better than the other. Make sure deal is contingent on you driving the vehicle first. You can due a lot of paperwork from your office or home prior to going to the dealership.
Bottom-line is that the dealers are not providing you with true numbers. I might venture to NJ if I can get a better deal and/or more honest dealers.
Plenty of people will buy/lease in neighboring states. Work out the deal, you get registered in NY and pay NY taxes. Know your numbers ahead of time. The tax is based on depreciation charge and finance charge. You pay taxes only on the portion you use.
.00180 and 52%
$5002 non-cash credit
$5000 HSE allowance
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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
T6 MOM AWD - .00130 and 58%
$3000 HSE allowance
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2 things I do not see are the dealer incentives(3k I think they offer?) and they marked up bank fee to 995?
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Yes, the bank fee is marked up the maximum allowed ($300)
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Can someone let me know if he is correct above about how fee's should be included in adj cap and it is a way for dealer to mark up lease monthly
You can ask a dealer when they figure out a lease to include aquisition fee, dealer fee, and DMV fees. You then only pay 1st month payment. The money factor and aquisition fee can both be marked up. Dealer fee is all profit. Usually you can get a cap cost which is close to or even below invoice. Then take off $3,000 lease cash from that number. Dealer than will add into that number the above fees to come to an adjusted cap cost.
What is the RV and MF for 15k for 30/36/39 months?
What are all of the potential incentives?
Thank you!
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texas
6.25%- but they are giving me a tax credit charging tax only for lease payments and not entire cost
texas
6.25%- but they are giving me a tax credit charging tax only for lease payments and not entire cost
.00161 MF and 56% residual for 39/12
If I use your MSRP and CAP, I get $612/mo.
And, I show a total rent charge of $4904.
That would leave me to believe the money factor is marked up, but that would only be enough to add about $13/mo, leaving another $25/mo. to account for.
Your CAP cost is about $4000 over the sale price. Do you have a breakdown of what went into that?
How much is due at signing?
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So you think the price is good and no room to negotiate? I am still being relentless on better deal.
Based on the numbers myself and others have gotten, your deal is not bad. The $729 they told you means you are giving them about $1560 back. Your discount is only about $2800. The $3000 is incentive from Volvo. Certain markets are difficult in negotiating as you have other customers willing to pay what the dealer wants. See the dealers side, they have a vehicle that they can make more money on.as they have a captive audience. Why should they negotiate with you. Try NJ dealers. I also know someone in NJ who does leasing who I use to use when I lived in NY. His name is Chet Friedman with executive leasing as he may be able to help you.
Please use PM to communicate that information.
Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If I use your MSRP and CAP, I get $612/mo.
And, I show a total rent charge of $4904.
That would leave me to believe the money factor is marked up, but that would only be enough to add about $13/mo, leaving another $25/mo. to account for.
Your CAP cost is about $4000 over the sale price. Do you have a breakdown of what went into that?
How much is due at signing?
$0 due at signing. I have attached the quote for 39/15k same vehicle.
What is the RV and MF for 15k for 30/36/39 months?
What are all of the potential incentives?
Thank you!
Sorry for adding all that information.
Can send me private message and I may know someone to help you.
Okay.. first payment rolled in.
I get the same math, now.
The only items of note:
Acquisition fee is marked up by $300
Money factor is marked up to .00181 from .00161 base.
Those two items add about $23.50/mo. to the payment.
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$3000 HSE Allowance
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2018 XC90 T5 AWD MOM or 2018 XC90 T6 MOM?
Please provide the MF and RV as well, thanks in advance!