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Comments
55% residual
1.85% APR
39/15
53% residual
2.10% APR
$750 lease cash
Add 2% to residual for 12K/yr
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We show the APR as 1.30% (.00054 MF), while the money factor given to you would translate to 2.30% APR
Is $1000 the total amount due at signing?
What about the fees? Paid upfront or not?
Using the sale price as the adjusted CAP, and the marked up APR, I get $538/mo.+tax
The markup adds about $38/mo.+tax
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3.35% APR
All three trims
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By my calculations, your number you gave me + tax + the fees rolled in puts it right around the $610 number.
Thank you!
2.08% APR
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Car price: 42.7 k
Money down: 2 k
383 bucks/month
zip: 60173
Is that a good deal?
Can I have the residual and APR%?
Thanks a lot
The dealer cannot alter the residual.
The purchase option may not be the same as the residual. Many banks have purchase option fees, as well as disposition fees. Not sure about Ford Credit.
I don't have the NJ region to check, but 1.30% APR matches the lowest number we've seen in other regions. That's a good thing.
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2.08% APR
Is $42,700 the sale price or the MSRP?
Either way, that's a very reasonable payment.
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Thank you
Thank you
Looks cheap
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Can I get the MF & Residual on 2018 f150 4x4 super crew. the Lariat & Platinum editions please
24/12 & 36/12 zip code 33325. any lease incentives
36/12 - 61% and 3.35%
No lease incentives
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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
3.35% APR
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For this example, let's say I am purchasing a 2014 PRE-Owned F150 with 42K miles (assume the truck is in above average to excellent condition). I am negotiating with the dealer and I am using MSRP, estimated 2014 discounts and estimated residual values to come up with my offer price on the PRE-owned 2014.
MSRP 2014 = $49K (fact)
Est Discounts = $12K. Carfax reports the truck was sold in Nov 2014 (late in the model year), which was the last year of that body style with the old steel frame, so I assume high discounts off MSRP. I see $15K+ off some of the 2018s so I think $12K is very reasonable/conservative as an est of the discounts give in 2014 to the original owner.
Est. 2014 Purchase Price = $49K MSRP - $12K est. Discounts= $37K
Who knows, but assume in 2014 there were similar residual values as the "60-53%" I have see quoted on this forum for 2018. That means after a 36/12 or 48/12 "Ford" would have a used 2014 with 36 to 48K miles worth 60-53% of the original Purchase Price. Well I am looking at a 2014 with 42K miles, so we are in that ballpark. I apply a 55% residual value on the $37K est Purchase Price, which gets me to a $20K "value" in 2018 for the used 2014. Yes, I am applying lease residual value concept on a purchase, but RV is Ford's determination of vehicle value in the future. We are now in that future.
This analysis seems reasonable to me. Sure some of the figures could move around, like higher discounts or higher RV given the excellent condition of the vehicle. My question for this forum is more about -- is this a reasonable approach to determine my offer price for a Pre-owned F150? Is it missing anything or flawed? More thoughts....in this example, the dealer is asking $30K for the 2014 which feels insane give my analysis. Yes, I know there is room to negotiate, but 1/3? Further, their $30K price implies only 19% of depreciated value after 4 YEARS and 42K mile. That is an implied 81% "residual value" after 4 years. No way ... come Mr. Ford Dealer in Texas.
I am going to offer something around my number ($20K), but wanted to know what I am missing in my analysis? This example is NOT unique. It seems all the Pre-Owned F150s in Texas have asking prices that are at these insanely high prices (aka 80% implied "residual value" after 3-5 years). Maybe they expect all buyers to offer 33% off the starting used price. I should point out, I am not taking the dealer's purchase price into account here, but why should I? That's not my problem. I am trying to determine MY value for the vehicle. It's not my issue if they made a good or bad buy at the wholesale auction. Sure if I was purchasing a rare Ferrari then my analysis does not work as well, as prices can rise for rare vehicles. A 2014 F150 is not rare, especially in Texas. The foundation of my analysis is what FORD determined as the residual value of an F150 after 3-4 years and 36-48K miles. Logic seems to say 55% makes more sense than 80% after 3-4 years, right?
Hope to get some general feedback on the reasonableness of my analytical approach. I want to be ready for the discussion with the dealer. What is wrong with the analysis? I don't see anything wrong with it. Also how do you expect the dealer to counter my analytical approach?
All the best,
J
The dealer won't care.
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Cab?
Trim?
2WD or 4WD?
The private offer price is probably incompatible with the lease program.
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61% residual
2.08% APR
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Looking for this month’s numbers for NY - 13219. 4x4, SuperCrew, 36 mo / 15K. Was hoping you could provide the APR, residual, and any incentives (which I assume there are none) for both a Lariat and XLT. Thank you!
No incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2018 Xlt 4x4 super crew 15/36
in zip’s 51106 and 68008
does engine affect RV% or MF? (2.7 or 3.5 EB)
Also, are these #’s for ford credit?
thanks!
2.08% APR
Yes, Ford Credit
No, engine choice has no effect.
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Payment?
Credit required for deal?
Lease offers?
Open to all lease terms.
2018 F150 XLT FX4 3.5L
Zip- 30080 and 30157
MSRP- $57,440
ASKING- $44,440
Not likely that the asking price will be valid for 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
What lease term and how many miles per year?
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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
39/10.5 or 12
39/10.5 or 12
36/12
59% residual
3.35% APR
39/12
57% residual
3.60% APR
Those are the APRs for top tier credit.
We don't have the associated credit score required.
There is absolutely no chance that the asking price is valid with the lease program.
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$1750 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
59%/60% residual
2.58% APR
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