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Edmunds Price Checker
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I'm not suggesting you pay the markup, but the resale on a purchase is unknown.
It's a ridiculously expensive luxury vehicle, and most dealers would consider the prospective customer to be less than price sensitive.
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Thanks so much.
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Possible to get the residual and money factor in Northern California for:
1) Range Rover HSE: 36K/10K, 39K/10K
2) Range Rover Supercharged: 36K/10K, 39K/10K
I wonder if anyone is getting any luck getting discounts off MSRP?
Discounts are hard to come by at most RR dealers, but a friend picked up a 2018 Discovery yesterday and was
able to get 5% off MSRP.
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MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Please advise.
Doesn't seem like they would be able to save you $14K on the same vehicle.
So, I'd be worried about downsides.
I'd want to know what bank they are using, and the lease parameters.
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Just wondering why your dealer won't make the same deal?
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Since I was completely unaware of this, it got me to hold back till I find out more.
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Need to know the selling price or adjusted cap cost to model a payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
You'll have DMV, dealer fees, acquisition fee and first payment to come out of your $5000.
If any is left over, subtract $30/mo. for every extra $1000 applied to CAP cost reduction.
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.00245 MF and 64% residual
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Tax does not "need" to be paid up front - you can choose to roll it into the cap cost and monthly payment.
That said, with the prices given, I get a payment of $1423/mo
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Wow, that's harsh....
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks for all your help.
36/10: .00221 MF and 63% residual
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thanks in advance
Selling price?
Adjusted CAP cost?
Location and sales tax rate?
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Edmunds Moderator
MSRP - 105,835
Gonna assume selling price at same for now as it was a custom build and RR doesn't like to lower price from what I understand, also assume that keeps CAP cost the same?
Anaheim Hills, CA - Tax Rate 7.75
15k downpayment
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$105835 MSRP
$105835 Selling price
I'm going to assume $3000 for DMV, acquisition and first payment, leaving $12K for CAP reduction
$93835 adjusted CAP
36/12: $1082 +tax
36/15: $1136 +tax
Be aware.. the CAP reduction reduces the payment, but it doesn't lower the residual/buyout amount.
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64% and .00221
So, not a huge difference in payment, but lower, which is nice.
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MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
RR Sport V6 Dynamic
Sale Price: $90896.64
Trade In: $11000
Adv Payments: $1450.00
Acquistion Fee: $895.00
Upfront Charges: $207.00
Total Cap Reduction: $9343.00
Residual Amount: $53,703.36
Due on Delivery: 0.00
Miles: 12k for 36 months.
Payment: $1450.00
Is this a good deal? They gave me 58% residual value at 12,000?
Thank you so much for your help while I try to make sense of all this.
Since you're new to leasing, those big downpayments aren't really a good idea. They just mask the actual monthly cost of the vehicle. Pretty sure you could buy this vehicle for a lower average monthly outlay than this quote.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I get $1072/mo.+tax with those numbers.
I'll guess there is a huge money factor markup to get to $1450.
Also, just because you have equity, doesn't mean you have to put it all towards the lease. They can cut you a check for any excess (the $9343).
But, either way, that deal isn't good.
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Regarding the MF, simply tell them you won't sign a deal unless you get the base MF. Don't tell them you know the rate.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4