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The money factor is marked up the maximum from the .00177 MF base.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks!
https://forums.edmunds.com/discussion/51944/bmw/x5/2019-bmw-x5-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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$5250 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Attached is a deal I received. What are the areas to target for improvement? They are factoring in a trade-in for $4k as well. Thanks!
Residual reduction for 9513 miles is 9% + $2378
Adjusted residual is 46.8% (as they have noted on paperwork)
I know $14,500 off seems like a big discount, but you've lost $10K on the residual, and $2500 of lease credits vs. a new unit. That makes your effective discount only $2000. (compared to new).
And, on top of that, they are marking up your rate the maximum allowed (.00217).
To make this a reasonable deal, you need 22%-25% off MSRP.
That would be a selling price of $63,500-$66,000 vs. the $70K sale price in your offer.
With a sale price of $65,000 and the base MF of .00177, your payment would drop to around $1000/mo.
And, that would be a reasonable deal.
As it stands, they are trying to hit a home run.
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Also - are you saying the dealer has no room to provide a higher residual on this vehicle and has to go with 46.8%?
From the numbers does it appear they are adding $2012 to the lease from my trade-in - instead of using it as a reduction given I own the vehicle free and clear?
Don't try to follow the numbers in the left hand column in a linear fashion. Add up the amounts to be added, then subtract the $2012, and you'll see the NET CAP is correct.
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$2500 lease cash
Is this a service loaner or dealer demo? If so, how many miles does it have on it?
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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
May I know MF/Residual/Rebates for 2018 X5e hybrid in zip 94086?
It is loaner around 4K miles.
Also will numbers different for 10 vs 12k miles per year? Need both then.
Discount offered is 10% before rebate..Is that good deal?
Thanks in advance..
$4250 lease credit
It depends on the rest of the deal, but it usually takes 12%-15% off MSRP to get a solid deal on a loaner.
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.00177 MF and 59% residual
$1000 incentive
39 months is not supported
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$3500 lease credit
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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
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Tell them your corporate policy is to insist on the base MF, and there are lots of dealers you can negotiate with to get what you want.
For demos and loaners, 17% should be achievable.
36/12 - .00177 and 58%, less $262.50 for the miles
$500 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
x5 xDrive40e
4036 mileage; 10k/36 months - Texas
MSRP: $64795.00
Discount: 8000.00
Rebate: 4750.00
Adjusted Price: 52045
Dealer Doc: 150
Non Tax Fees: 329.16
Tax: 3252.81
Balance: $55,776.97
Monthly: $683 ($0 down)
I get $654/mo with those prices.
Ask the dealer what MF they are using for their quote. If marked up, tell them you won't sign unless you get the base rate.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Signed Owner's choice on 2018 X5 XDrive40e; 4074 miles; 10k/36; 0$ DAS; $614.00 a Month; (Additional discount I am getting $4680 Federal tax credit + $2000 my company offers Low-carbon vehicle reimbursement because title on my name and sold as brand new ).
Thank you all for your help.
Thanks for reporting in.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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MSRP: $64,735
Adjusted price (with all credits/rebates included): $51,050
Residual: 59%
MF: .00142 (buy rate with seven MSDs applied; I am grandfathered from my previous lease)
Monthly payment: $511 + tax (acquisition fee included in payments)
Total drive-offs: first monthly payment + MSDs + registration
Thank you for your valuable support!
Congrats! And thanks for sharing.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSD (Multiple Security Deposits) are used to buy down the MF used for a lease payment. Highly recommended, as you get that up front money back at the end of the lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
1. 2018 X5 sDrive 35i
2. 2018 X5 xDrive 35i
3. 2018 X5 xDrive 35d
Thanks!
65%/59% residual
$1000/$2500 lease credit for gas/diesel
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