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No lease incentives
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Sport
Sport S
Sport Altitude
Sahara
Sahara Altitude
36/10k
Any incentives?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I would go SportS and Sahara for now.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I’ve read enough to get a sense about the Tier 1 MF and Residuals across the trims, two related questions:
1. What’s the lowest credit score you’ve seen get the tier 1 MF? Assume income above $200k and DTI/PTI are also well below thresholds. (Yes, I know, tons of variables...just looking for some guidance.)
2. Aside from the increase in cap costs and sale price, how do non-factory accessories impact residual calculations? For example: If a loaded Jeep is on the lot with $10k in aftermarket wheels, light bars, etcetera, does that change the residual %?
Thanks for any guidance you may have!
If the accessories are installed by the dealer, and are not part of the factory sticker, then you will pay for 100% of them during the lease term ($10,000 / 36 = $278/mo added onto the lease payment).
Personally, I'd avoid things like that, if I'm leasing.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Any updated numbers (RV and MF) for July on the Wrangler Unlimited Sport S and Rubicon? Looking at 36/12.
Thanks!
If anyone has the time... PLEASE help.me sort out my situation.
To preface, I am in TX and after recently learning I can't simply refinance my truck and keep it...I prefer to never lease again unless I can be on title. I want my name on title, so I don't get taxed twice if I decided to keep my next vehicle at end of the term. That being said , I decided to apply for a Balloon loan through the Credit Union I currently have an auto loan with, as they are the loan servicer I ended up after signing the lease for my truck in 2016(hope that made sense). Have Excellent credit and was approved for the $48k amount I requested. I am considering going with either Rubicon 4dr, Sahara/Altitude 4dr, or Gladiator.
I was very pleased with the credit union rep, until numbers changed from Friday to Monday(today). The rate went from 2.114% to 2.890% from Friday to Monday. The estimate on Friday , I was doing 39mo, but as of Today, the estimated payment jumped nearly $45 w/ the 39mo term. Rep told me today, it would be best to go with 48 or 51mos. I politely called her out about my notes from our phone conversation on friday as we were talking about 39mos with rate at 2.114. She is super nice, but flat out denied every giving me those rates and terms. I just let it go and moved on to the 48mo she suggested. I chalked it up to rates move as they do in mortgage world (I'm a 20yr Mortgage Banker, but I now little about the auto fiance world).
I asked for estimate assuming MAX loan of $48k with15K annual miles on a Gladiator Sport S, Rubicon 4dr, and 4dr Altitude (which in the small print on window sticker it's labeled a Sahara).
I was told the loan balance at end of 48mo on Gladiator was $32,083
Rubicon was $32,680
Sahara was $28,860
She never said the amount the payment would be on the Sahara, but said it was way higher than from what I told her I want to spend.
I was on my way to dealer about Rubicon so I asked her to go with that.
Here is a copy paste of what Rep texted me
for the Rubicon.
48000.00 pay dealership
595.00 gap
745.00 balloon fee
49,340.00 loan amount
51 month loan term
2.84% loan rate with discount gap, life
550.29 loan payment estimate
28,822.00 last payment at end 51 month
The FRUSTRATION is things keep changing from previous conversations. In the phone she said w/Rubicon 48mos, payment would be $537.43.
I replied telling her Max loan will be $48k, i will pay the fees and anything i can't negotiate for OTD price.
1) Is what they presented a good, meh, or bad deal/offer?
2) Is Balloon Financing Formulas/math the same as a lease calculation?
3) Why are things not more clearly disclosed (rhetorical question).
4) Is there a better deal or should I give up on the balloon financing and just accept I am doomed to pay more being in TX (if I decided to keep
my ride)?
Any opinion, advice is greatly appreciated as I have just about had it with the car buying process.... I won't even share the dealer experience I had on Saturday. Waste of half a day, some shady BS. Root canal without novocain is starting to look more appealing.
Thanks for listening. I appreciate all of you who I see on here taking the time to give advice. Thank you again, thank you in advance.
69%/63% residual for SportS/Rubicon
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But, trying to use a third party financial institution for anything other than a straight loan is bound to be a confusing mess.
Have you asked the dealer about balloon financing? Given you are in Texas, I would guess they have a lot of experience with it. And, probably multiple lenders to choose from. You might find a better deal.
You've already had the CU rep deny saying things that you seem to have heard. That would have killed it for me, right there.
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Reason i am asking is because i ordered a wrangler from dealer and was quoted $547. because there was not physical car yet, i did not sign a lease. After waiting 5 weeks for car to be delivered to dealership they told me rates went up and new price is $599. TERMS 12k/48mo . $0 DOWN, only first month of $547 due upon delivery. (Now $599). Please help me!
64%/63%/61% residual
I don't know what I can tell you.. Five weeks is forever in the car business.
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But, for the last few months, it has been around .00225, from all reports
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We only have access to the CCAP numbers, however.
So, even though the MF is high, the residual is likely high, as well, and there may be more incentives available to drive down the payment.
That said, the dealer does reserve the right to mark up the MF; for CCAP, that markup is restricted to .00042. As we don't have the Ally or US Bank programs, we can't tell you if the rate you see is marked up. We think the MF is .00225 from CCAP, but haven't been able to confirm that rate for July.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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What is the selling price?
What does the $2000 cover, besides the first payment?
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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
Wranglers are popular, and the bank and dealers are making as much money as they can, while they can.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
39/10k
42/10k
48/10k
Thanks
63% / 62% / 61%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/10
36/12
Thank you!
64%/63% residual
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Thanks!!
Standard MF
Sahara: 61%/56% residual for 36/48 mo, 15K/yr
Rubicon: 60%/55% residual
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Get the number of miles you think you'll need. Less expensive to get them up front than to pay for them at the end of the lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What's the MF, Residual and lease credits for either a 2019 or 2020 Wrangler S and Sport. Zip 75070
Thanks a lot!
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Can you please provide MF & Residual in 06902 for a 2019 Wrangler unlimited sport S for 39 mo/10k and 48 mo/10k. Please let me know if there are any incentives and lease conquest too.
Thanks!!
No incentives
No info on conquest
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