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39/12= 54% residual
With $3000 upfront, that payment seems high.
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The Dealer had tried to cheat me and had used a higher money factor than the 0.00148 that was quoted to me.
I caught them when I did my own lease calculation using an online calculator.
When the right 0.00148 MF is used, the payment is actually $624 per month for 36 months (rather than the $737/month)
Painful to have to confront such a dishonest dealer.
Remember, dealers are in the business of making money. Sometimes, they go a bit too far in that pursuit.
All we try to do is level the playing field.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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After I caught it, they gave me a BS excuse: the "wrong" button was clicked on the calculator.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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$1500 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1500 incentive
$1000 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
When I asked for a lease option, they said with no down (I had to trade in the car), 39/12K miles, the monthly lease is $700. I forgot to ask whether $700 included the taxes. They mentioned MF of 0.0015. Not sure about residual. Is the monthly lease calculation correct? I tried calculating using online calculators, but was not able to figure it out. Thanks in advance.
But, if this is a true sign and drive (absolutely $0 from you), then it's a decent deal.
Audi's don't lease well, in general.
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Thanks
.00148 and 56%
$1500 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
3.0: .00076 MF and 52% residual
$1500 lease bonus - either trim
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Could I please have the July money factor and residuals for the following:
2019 Audi Q7 Premium Plus 2.0 with a lease term of 36 months and 15K miles per year
2019 Audi Q7 Premium Plus 3.0 with a lease term of 36 months and 15K miles per year
Zip Code is 07040
Also, just a random question. Coming from years of leasing Hondas and Acuras it’s almost always a 36 month lease but on this forum I’m seeing lots of requests for numbers of lease terms of 39 and 42 months. For Audi, is there another sweet spot in terms of contract length that yields better deals that I’m not aware of coming into the Audi brand?
Thank you in advance.
3.0: .00076 MF and 50% residual
$1500 lease bonus - either engine
Honda doesn't support leases longer than 36 months
While Audi does have lease support for 39/42 months, the numbers are similar to 36 months. They may result in a slight drop in payment, but IMO, not enough to offset the negative effects of leasing for longer.
One caveat. The worse the deal offered from the dealer, the more likely that a longer term will result in a bigger drop in payment.
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It's just a function of the math.
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One more question. Audi Care adds 1% to the residual, correct?
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Thanks in advance!
Thanks.
$1500 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP : $ 61,370
Lease : 39 / 10
Residual : 56 %
Initial Cap Cost : $ 55,233
Rebate : $ 4,000
Cash Cap Reduction : $ 5,825.94
Aftermkt / Due Bill ( dealer fee) : $ 756
Maintenance ( Audi Care) : $ 999
MF : 0.00200
Total Adds to Cap (title and etc ) : $ 1,245.25
Adjusted Cap Cost : $ 51,609.37
Base Monthly rental : $ 775
Cash Down : 0
I didnt accept it , please help to understand the numbers.
What are downsides for 39 month lease VS 36
I'd tell them that you won't sign any deal unless you get the base MF.
This quote expected you to give the dealer $5800 in cash? Do you know exactly what that was for?
I don't think we have all the numbers. If I use the MSRP and Adjusted Cap Cost provided, I get $614/mo, even with the marked up MF.
Also, TX assesses sales tax against the entire selling price, and I don't see that number mentioned anywhere in the quote.
Ask the dealer for a copy of the lease worksheet; that might help fill in the blanks.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2.0 12/36
3.0. 12/36
Also how much Rebate and Audi loyalty available since I am an owner of 2017 A4.
I am seeing people getting almost 10-11% discount off MSRP on this forum is that True.
Don't know what Costco discount is saw 8%
In one of the post.
Thanks
3.0T - .00076 and 52%
$2500 lease cash
Use this link for price research:
https://www.edmunds.com/tmv.html
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Lease Institution : VWL
MSRP : $ 61,370
Residual : 56%
Lease end value : $ 34,367
Initial Cap Cost : $ 55,233
Customer Cash down : $ 6,440
Rebate : $ 4,000
Cash Cap reduction : $ 5,825.94
Aftermkt : $ 756
Service contract : $ 999
Term : 39
MF : 0.00200
Total Adds to Cap : $ 1,245.25
Adjusted Cap Cost : $ 51,609.37
Base Monthly Rental : $ 614.06
Tax : $ 3,202.06
Due at start : $ 6,440
For 0 down payment, monthly lease is $ 775
The $775/mo. with just first payment upfront also looks correct, given the numbers provided.
Are you shopping in TX? I've never seen a dealer fee over $200 there, before. I'm guessing the aftermarket is some other BS charge.
The Adds to CAP are likely the $895 acquisition fee plus DMV/doc fee
I don't see the sales tax broken out anywhere, though. It might be in the CAP reduction calculation, as you have $10440 of working cash (your cash + rebate), and only $5825 in CAP reduction.
The money factor markup adds about $45/mo. (or $1750 over the life of the lease)
Nothing wrong with a 39 month lease, at that low of a mileage allowance and being in TX.
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Can I get incentives, MF and residuals for P+ 3.0 7,500mi 36 & 42 months? Zip 91352.
Thanks!
42/7.5 - .00096 and 50%
$1500 incentives
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For got to mention that, sorry. Thank you for your help!
$1500 lease bonus
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