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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
MSRP $33615.00
PRICE$ 31,796.00
TAXES $941.29 (ILLINOIS TAXES 62702)
RESIDULE .6000%
FACTOR/TERM .0000100/36
PAYMENT PER MONTH $373.53 DUE AT SIGNING.
I'm getting a monthly payment of $350 with those numbers. Am I supposed to be paying IL sales tax and then get taxed on the monthly payment?
Which are you doing?
Ask the dealer for the cap cost they are using for their payment quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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No incentives
Either model
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MSRP $33,715
Doc Fee $176
Plates $221
This is for zip code 60012, Illinois
not sure how the money factor, residual value or taxes play into this but what should my monthly lease be with first months payment and the doc fee + plate fees down?
thanks in advance as leasing is very new to me!
Use this link to understand how lease payments work:
https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
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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
touring fwd
24/10
36/10
Thanks for the link, if you let me know the residual and MF I can do the math going forward!
.00001 MF and 60% residual
$360 lease cash
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$351/mo., assuming all taxes and fees are paid upfront.
Illinois taxes the sum of payments (7.2% rate?), and collects the money upfront, though you can always roll it into the CAP cost. About $910, in this case. +$595 Mazda lease acquisition fee and the doc/plate fees you mentioned.
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I am looking for MF,RV and any incentives for the CX5 GT AWD premium package, 36/15k and 36/12k lease in 19702.
I went to a Mazda dealer yesterday for the CX5 GT AWD (premium package).
Here are the quotes I received for the CX5 GT AWD premium package
12k miles, $1000 down, $368/month, includes tax, tag , title and everything.
15k miles, $1000 down, $388/month, includes tax, tag , tittle and everything.
Are these good offers? Let me know if I can do better or should look elsewhere. Planning to get the CX5 this weekend. Really need the car. Love the car and safety features, except for the low HP.
Thanks,
$360 customer lease cash
Need to know the MSRP and selling price to know if the payment quotes make sense.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Here are the details:
$1000 cash down
MSRP: 33,535
Sale Price: 31,288
Total Cash and Rebates: 1360 (Customer cash 1000 and 360 lease cash)
Admin Fee: $349
12 k miles Residual: 19785.65
15 k miles Residual: 19,114.95
Is it a good deal? I want them to come down to 320-330 for the 15k mile lease including everything with $1000 down.
And, if you don't like the power, why are you considering pulling the trigger?
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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
No lease incentives on Touring trim
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Besides the power, I really like all the safety features and the looks of the car in this segment. I don't want to go over $330 for my lease payments with about $1000 down. I was considering a RX350, navi, 20'' rims, but the payments were way above $400 with a lot of money down ($3000).
I would confirm the adjusted cap cost number, as well as the MF the dealer is using. They can mark that up as much as .00050 for extra profit.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Market Value 30,640
Discount Saving -2,090
Selling Price 28,550
Accessories 399
Doc 80
Tire Battery Fee 8.75
Acquisition Fee 595
Tax on collected items 79.79
Total Cap 30,131.54
Rebate Saving 360
Net Cap 29,102
Base 306.69
Mo Tax 23.77
Monthly 330.46
Down/Cash cap Reduction 669.54
Due in delievery 1,000
Rate 0.00001
Residual 59% (18,077.60)
Thanks. Did you factor in the $1000 cash down or just calculated the lease with the RV, MF and MSPR. Also, when you calculate the lease payments, is that (MSRP - RV) +MF OR (Selling price -RV) + MF.
Appreciate your prompt responses. You are the best!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Use this link to understand how lease payments are calculated:
https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Here is my math:
Thanks Michael. Understand it now. My taxes, tag and title come out to $1800. So for 36 months, it should be 1800/36 = 50. So 0 down, 320 for 12k miles or 350 for 15k miles may sound like a deal. They were doing all of that but were adding the $1000 down which killed the deal. Will be leaving soon. Will let you know what happens.
Thanks for all your support though. It's very helpful.
Did you lease or buy? How do you like it so far? I was also considering the RX350. I am going for the CX5 GT AWD with premium package. Any suggestions or recommendations would be helpful.
However, zero drive off is still absolutely possible. The costs that can't be rolled into the lease can be covered by any of:
- Equity on trade-in vehicle
- Incentives
- Dealer contribution
Right now there aren't a ton of incentives, so if you don't have a trade-in with equity and really want zero drive off ask the dealer to pay the drive off costs.
That beats the original $444 I was told at the start. Oddly enough, it was about $5/month BETTER than what the lease calculator came out to. Sale price on the car was $32,100 and we received no rebates or insentives. This was for northern Illinois zip 60012.
Good luck all.
CX5 GT AWD with premium package.
$359/month for 36 month, $1000 down (includes first months payment as well) for 12k miles.
Didn't do the deal. I thought that price should be for 15k miles. I felt that for 12k miles, it should be around $330.
Will try another dealer.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I leased a 2018 Mazda CX5 Touring - Machine Grey with Bumper rear guard. AWD. 10K Miles Yearly in Pennsylvania.
MSRP: $28,935
Sale Price: $26,500 includes the $500 loyalty
Doc Fee: $141
Tag Fee: $28
County Fee: $5.00
Registration: $37.00 - Title Fee (-$90.15) = -$53.15
Pa Tire Tax: $5.00
Online Title and Registration Fee: $15.15
Total: $26,641
That was on a Pink Sheet. Now when I get to the long form paperwork. I am seeing different numbers?
Gross Capitalized Cost (Agreed value of vehicle $27360) and any items you had to pay over the lease term such as taxes, fees, service contracts, insurance or outstanding lease balances ($27,955).
Cap cost Reduction $263.00
Adjusted Capital Reduction: $27,691
Residual Value: $17,394
Depreciation: $10,297.42
Rent Charge $16.22
Total Base Payments: $10313.64
Total Monthly Payments: 36
Base Monthly Payment: $286.49
Tax: $25.78
Payment: $312.27
Itemized Gross Cap Cost:
Agreed Value vehicle: $27360.00
Acquisition Fee: $595.00