By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
Thanks again for helping me understand everything. I finally figured that out the finance fee structure myself before reading your reply. It makes sense. I did the calculation of what the monthly interest charges would be if paying off an actual loan on the cap cost, with a lump sum payment of the residual after 3 years. The difference between that and just charging the same percentage every month on the average of the cap cost and residual, while not exactly the same, was negligible.
I still don't get where the "total cap reduction" number came from, but that's not really important. Cheers.
-J
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
We really wanted to stay with an electric vehicle, and this one seemed the most suitable for now. The perfect EV may present itself in a few years :-) I strongly considered punting and buying a used vehicle instead and waiting until that EV came along that we could afford and would want to keep for 10 years. We used to have a Leaf, and I was amazed at how inexpensive the used Leafs were - but I wasn't willing to go back to that range anxiety (particularly in the winter in central NY). Obviously, we could have leased a less expensive trim model (or waited until this summer and went with a Leaf Plus, Kona or Niro EV which all also have >200 mile range), but I felt we were getting a reasonable value on this one and it had most of the things we wanted in a car.
It was actually the low price of the used Leafs that convinced me that a lease was a better less risky option than purchase for this particular vehicle at this time if we only intended to keep it for a few years. Maybe by then EV that we can afford and will want to keep for 10 years will exist :-)
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
LT: .00179 MF and 51% residual
Prem: .00154 MF and 49% residual
$6750 customer incentive on either trim
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
So the dealer is knocking 7500 off the MSRP, where is the 7500 federal tax credit? I was under the impression if you lease a EV, the tax credit stay with the bank, and that money is used as a CAP reduction.... I could be wrong
1. Incentive or rebate from the bank
2. Higher residual (which is what GM is doing - the residuals on the Leaf are in the high 30's)
Edmunds Price Checker
Edmunds Lease Calculator
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
$3750 customer incentive
Edmunds Price Checker
Edmunds Lease Calculator
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
Also, does the Federal credit apply towards the incentive, or is it a separate cap deduction on a lease like all other EV leases?
LT: .00179 MF and 52% residual
Premier: .00154 MF and 50% residual
$6750 customer incentive (rebate from GM)
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
LT - .00195 and 50%
Premier - .00154 and 48%
No lease incentives
Edmunds Price Checker
Edmunds Lease Calculator
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
No lease incentives
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
LT - .00195 and 48%
Prem - .00154 and 46%
$6750 customer incentive
Edmunds Price Checker
Edmunds Lease Calculator
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
Thank you for the info. What would be the residuals for 12K as well as 10k, to the extent these are offered?
Edmunds Price Checker
Edmunds Lease Calculator
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 am about to turn in my Spark EV next month. Checking out the Bolt. Here is what I got for one pay lease.
3yrs/30K miles.
MSPR 37495
One pay $9300.
I am in zip 95377 (tax rate 8.25)
LT: .00195 MF and 51% residual
PR: .00154 MF and 49% residual
$6750 customer incentive
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Ok so me and my friend got our Bolts today and turned in our Spark
Here are the details.
One pay amount : $10,200
MSRP:$40,540
Zip: 95377
36month/30K total
My friend got the base model
One pay 8,900
MSRP:37495
Zip:95377
36m/36K total
Thank you for all the help. Please let me know if I can be of any help. Now need to fill out the CA rebate and SJ county and PGE rebate.
Thanks for sharing your deals.
Edmunds Price Checker
Edmunds Lease Calculator
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
$6750 customer incentive
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
and what is MF for one pay lease?
for 2019 Chevy Bolt LT, 36/10K, Zip 91789
thank you very much
$6750 incentive
.00073 reduction in MF for one-pay
No info on loyalty incentives
Edmunds Price Checker
Edmunds Lease Calculator
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
Thank you.
$6750 incentive
Edmunds Price Checker
Edmunds Lease Calculator
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
2019 Chevy Bolt LT and Premier, 36/10K, Zip 20781
Premier: .00154 MF and 49% residual
$3750 customer incentive
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
MSRP/Retail $43,510.00
Dealer Discount + Rebate $13,250.00
License/Registration Fee $709.82
DocProcessing/EVR/Tire Fee $122.75
Residual Value $21,320.00
Mileage Plan: 10,000 Per Year
With a $3000 down payment, the monthly lease is $345.45. Based on the net capitalized cost ($27,260) and residual value, the MF is 0.00322, which is pretty absurd. I thought the residual and MF are fixed by the manufacturer.
Dealer is also offering an upfront one pay lease of $13499, which still works out to $0.45/mi. I am not interested in an upfront lease either. But trying to understand why their MF is so high? What is the current MF and residual for LT/DFC and Premier?
Thanks.
Prem - .00154 and 49%
$6750 incentives
Residual is set by GM; MF can be marked up by the dealer for extra profit.
Edmunds Price Checker
Edmunds Lease Calculator
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 doubt you can separate the two, but you should find out where the rebate is coming from.
I would only want to pay first payment and DMV charges upfront. That will give you a true picture of your monthly cost.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
.00195 MF and 51% residual
$6750 customer incentive
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
With a $2K down payment, it's not clear how the cap cost is only $30,725. Total DMV charges (registration fees and VLF) are $503 based on net price of $37,630. Along with first month payment, total one time fees should only add up to ~$880. So, why isn't the rest applied as cap cost reduction?
One amount that is missing is the upfront sales tax on the rebate.
Out of your $2000:
$377 first payment
$1153 fees (itemized in top document)
Upfront tax on the rebate ($725 if your sales tax rate is 10%)
Whatever that number is, the $2000 is not enough to cover it all, leaving a little bit to be added to the CAP.
I'm looking at the first column, with $2000 upfront.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Are there conquest incentives?
Thank you!
$6750 customer incentive
No conquest info
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
$6750 incentive
Edmunds Price Checker
Edmunds Lease Calculator
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
$3000 incentives
That seems like a really bad quote. What is the MSRP?
Edmunds Price Checker
Edmunds Lease Calculator
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