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Comments
.00215 and 60%
$2500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
How does it look? And I’m in NYC
Only way to improve it is to get a lower selling price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
12k 36months
AWD SEL/Premium: .00215 MF and 60% residual. $2500 lease cash
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The MSRP is $33,785 and i think they quoted him 28,990
He is looking to lease for 36/10k
Do you mind listing the residual and the mf
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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 am in the market for 2018 Tiguan SE 2WD in South Florida. I would like to get numbers for 36/12k lease. Based on the previous years is it better to wait for May numbers or April is quite good as?
$2000 lease cash
No insight on what will change, next month.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you!
$2000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1800 lease cash
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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
$1900 lease cash
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.00051 and 41%
$3000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
- Initial cap cost = $28475
- Acquisition fee = $625
- Adjusted cap = $28475 + $625 = $29100
- Rebate = $2200 lease cash from VW
- Net cap cost = $29100 - $2200 = $26900
- DMV = $390
- Tax = $949
-Total monthly payment = $303.92
Drive off = $861.67
(Fees, DMV, First month payment)
Thanks!
I'm pretty sure that the acquisition fee is $675.
Tax isn't collected upfront. CA taxes the payment and collects it, monthly.
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The MSRP is $32495.
With $675 acquisition, the Lease payment becomes $279.02 + $26.51 (tax) = $305.53
Was negotiating on a 2018 Tiguan SE (with sunroof) FWD, and everything on the pricing seemed appropriate but they wouldn't immediately tell me what the MF was and I kept saying to my salesman that a payment of 399 just didn't make sense based on cap cost, residual, etc. I was negotiating everything online.
Well, they finally forwarded to me the MF and I couldn't believe it. .00286 for Tier 1 credit. Yes, they confirmed Tier 1 with me.
So, my question is what was the base MF from VW for Tier 1? I plan on contacting the owner of the dealership to let him/her know they have lost my business for good.
Either way, it looks like a good deal.
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The maximum markup allowed is .00125
I'll let you do the math..
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Here's the initial quote from VW before negotiations (all guidance appreciated):
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$32,460 MSRP?
.00155 MF and 61% residual
$2200 lease cash
The money factor markup is adding about $7.67/mo. to the payment.
We don't follow pricing, but considering the $2200 VW-to-dealer incentive, your discount is only $800. You may be able to do a little better than that.
By rolling in $860.87 in drive-off costs, you are subjecting them to sales tax, within the payment, when that amount would be non-taxable, if paid upfront.
Pay the $860.87 upfront, and the payment drops to $402.79/mo. (that's how I would structure it)
With the base MF, $395.24/mo.
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We went in person for quick look and asked for the follow up email, which yielded the image above.
@kyfdx I really appreciate the extra help. Two questions:
1. Based on your suggestions, do you think $395 is the BEST I could do, or something like ~80% of the way there?
2. My original plan was to wait for Memorial Day. Any guidance on whether or not that would make the most financial sense? (More lease cash, lower MSRP or MF, etc?) Seems like it would need to be significantly over a $400 savings for me to wait.
Thoughts?
2) Any gains on one side of the coin (lower money factor), could be offset by losses on the other side (lower residual, lower incentives). It's impossible to know, ahead of time.
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Welp, went back in to negotiate and they let me walk at $404/month after taking your suggestions. Wouldn't budge from there. Guess I'll wait it out since we aren't in desperate need of a new car.
I'll check back next month to see what has changed. Thank you again for the help!
We are ideally looking for about $1500 down, up to $2000 max (we have an ending jeep compass lease so we have to cover the dispo fee on that). Our target monthly payment is $220-230. Is this doable?
Thanks for any info.
What is the MSRP?
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But I want to order one from the factory
If I order one from the factory, Do you think they could take a couple thousands off the msrp? Will they be able to give me a discount?
Pure White/Gold and Oak interior
SEL FWD R-line package
MSRP:33,785
True car is telling me $28k but I don't know If it is different for ordering a vehicle
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I have a calculated lease payment (I hope it is close to what the dealer might offer, If you could take a look at this payment sheet and provide feedback about the dealer discount and the payment would be great.
$2250 lease cash
Example
$27150 MSRP
$24150 selling price (est)
$675 acquisition fee
$700 sales tax
$315/mo, with first payment and DMV/doc fees upfront. (about $650 due at signing)
You may be able to do better than that.. But, $1500 upfront and $220/mo. doesn't look likely
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$2100 lease cash
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With $2500 lease cash, not sure that $5800 off MSRP is possible (seems doubtful)
I've never actually heard of anyone ordering a VW. Surely, with all of the dealers around, you can find one you like?
Your calculations are okay.. just not sure your assumptions are realistic.
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Offer I had:
Texas Dealership
2018 FWD Tiguan S
MSRP: 25,495
Dealer Discount: 5,555
Selling Price: 19,940
Doc Fee: 150
Acquisition Fee: 675
License Fee: 101.5
Cap Fees: 193
Cap Taxes: 249.25 (not sure how they got this number, tax rate was 1.25% due to a tax credit;buying in TX)
Gross Cap Cost: 20,958 (not sure how this number ties out)
MF: .00120
Term: 36 Months
Mileage: 12,000/year
Prepaid Cents Mileage: .15
Residual: 59%
Residual Amount: 15,042.05 (is this supposed to be based on the MSRP or the selling price?)
Payment: $214.76
Edit: There was no money down on this. Only paid the first payment upfront.
This seems like a solid offer. Are VW money factors usually this high? Are these cars typically this discounted?
Thanks in advance.
$2500 lease cash
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