well unfortunately I couldn't get either dealership to accept my offer with these numbers and their discounted sale price. I did get one dealer to explain why. They said VW has two tiers of Money Factor and with the large discounts they are offering off of MSRP the MF is actually .00197 with a $3.5 to $4k discount. In order to get the .00032 MF I got from this forum they are only offering a $550 incentive which jibes with the numbers from this forum. In other words you can get a large discount or a low money factor but not both. They did indicate the residual percentage I used was correct for either money factor since that is set by VW. So perhaps this info can help someone else. And this would also explain why these cars have never been good lease candidates.
I'm looking at a 2019 Alltrack SEL. Price before fees $34,995. Cap cost $35,821 (Acq fee, doc, reg, license). $535/mo with $1000 down. Seems like a terrible deal to me. Dealers get lease cash too so shouldn't that cancel out any "additional charge" they try to levy?
I'm looking at a 2019 Alltrack SEL. Price before fees $34,995. Cap cost $35,821 (Acq fee, doc, reg, license). $535/mo with $1000 down. Seems like a terrible deal to me. Dealers get lease cash too so shouldn't that cancel out any "additional charge" they try to levy?
What is your ZIP code? What lease term and how many miles per year?
You are looking at a car that is 1.5 model years old, so the residual value is going to be atrocious. That is what kills the deal.
Right, I think because they're selling the vehicle like it's a .5 year old vehicle and then getting the residual of a 1.5 year old vehicle, that spread is accounting for the bad deal. They should be discounting this 1.5 year old vehicle much MUCH more. Lease term is 15/36. Zip is 93955
If I understand correctly also, VW gives $1000 lease cash, so there's no reason the dealer should be 'adding $1000 to the price for the lease' if $1000 from VW would cancel that out. That $1000 wouldn't even be in play if this were a cash purchase. Sounds like they're just trying to pocket the $1000 lease cash and charge me the premium.
Right, I think because they're selling the vehicle like it's a .5 year old vehicle and then getting the residual of a 1.5 year old vehicle, that spread is accounting for the bad deal. They should be discounting this 1.5 year old vehicle much MUCH more. Lease term is 15/36. Zip is 93955
.00001 MF and 46% residual $1150 dealer lease cash
On a purchase: 0% APR up to 72 mo. Plus $2750 dealer cash
I don't see any customer incentives for lease or purchase.
If you want this vehicle, you should probably buy it.
Why is the MF different? 93955 is the zip of the dealership. My zip is 94086. Which MF is correct? Thanks for all the incentive info. The fact is it's an 'older' new vehicle now so I'm looking for a great deal. I will post here on the final decision!
Why is the MF different? 93955 is the zip of the dealership. My zip is 94086. Which MF is correct? Thanks for all the incentive info. The fact is it's an 'older' new vehicle now so I'm looking for a great deal. I will post here on the final decision!
Why is the MF different than what?
Comparative questions only serve to confuse us humble moderators.
Why is the MF different? 93955 is the zip of the dealership. My zip is 94086. Which MF is correct? Thanks for all the incentive info. The fact is it's an 'older' new vehicle now so I'm looking for a great deal. I will post here on the final decision!
Earlier posts with a different money factor were from April
Interesting that the dealer was ready to go ahead with April's MF and when I changed it, they were just like "OK, we'll go with that one then". Good thing for this board, lest people get screwed. Speaking of which, I'm calculating everything on https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator and the dealer keeps sending me a quote sheet with the same numbers and a monthly payment that's $30 higher. So I keep asking how their calculations are different. They haven't given me a straight answer yet.
Interesting that the dealer was ready to go ahead with April's MF and when I changed it, they were just like "OK, we'll go with that one then". Good thing for this board, lest people get screwed. Speaking of which, I'm calculating everything on https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator and the dealer keeps sending me a quote sheet with the same numbers and a monthly payment that's $30 higher. So I keep asking how their calculations are different. They haven't given me a straight answer yet.
I can't tell you, without seeing your entries or their worksheet.
Can you please share the numbers for SEL w/ manual trans. 36/12 and 36/15 and any incentives for 29572. Are figures any different for auto trans? Thanks
Can you please share the numbers for SEL w/ manual trans. 36/12 and 36/15 and any incentives for 29572. Are figures any different for auto trans? Thanks
36/15 .00001 MF and 46% residual $1150 dealer lease cash
Will you please provide me with the MFs, RVs, and any available incentives, for a 2019 Alltrack S and SE trims, with DSG, in the 05829. If it's not too much of a hassle, and only if they are different, would you mind adding the 04101 and 03801 zip codes, too (COVID quarantine in VT, but don't live here full-time).
Will you please provide me with the MFs, RVs, and any available incentives, for a 2019 Alltrack S and SE trims, with DSG, in the 05829. If it's not too much of a hassle, and only if they are different, would you mind adding the 04101 and 03801 zip codes, too (COVID quarantine in VT, but don't live here full-time).
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Ron
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$550 incentive
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you please provide MF and RV for 2019 Alltrack SE auto, 36/7500, zip 94607? Thanks!
$1050 dealer lease cash
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$1050 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
59%/52% residual
$1050 dealer lease cash
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$1050 incentives
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What lease term and how many miles per year?
You are looking at a car that is 1.5 model years old, so the residual value is going to be atrocious. That is what kills the deal.
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Zip is 93955
$1150 dealer lease cash
On a purchase:
0% APR up to 72 mo.
Plus $2750 dealer cash
I don't see any customer incentives for lease or purchase.
If you want this vehicle, you should probably buy it.
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Thanks for all the incentive info. The fact is it's an 'older' new vehicle now so I'm looking for a great deal. I will post here on the final decision!
Comparative questions only serve to confuse us humble moderators.
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49%/47% residual
$1150 dealer lease cash
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Thanks
.00001 MF and 46% residual
$1150 dealer lease cash
All trims/transmissions
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$1150 dealer lease cash
All trims
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I wanted to know the MF/Residual Value for a Alltrack S, SE and SEL, 10k/36 and 12k/36 for zip code 11215. Thank you
.00001 MF and 48% residual
$1150 dealer lease cash
All trims
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I wanted to know the MF/Residual Value for a Alltrack S, SE and SEL, 10k/36 and 12k/36 for zip code 06019. Thank you
.00001 and 48%
$1150 incentives
All trims
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could you please provide MF and RV for a 2019 Alltrack S DSG 36/12 in zip 15237?
Thank you!
$1150 dealer lease cash
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Will you please provide me with the MFs, RVs, and any available incentives, for a 2019 Alltrack S and SE trims, with DSG, in the 05829. If it's not too much of a hassle, and only if they are different, would you mind adding the 04101 and 03801 zip codes, too (COVID quarantine in VT, but don't live here full-time).
Many thanks!!
.00001 and 46%
$1150 incentives
Any location
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