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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do you mind pm me the dealer’s name as well?
In got quoted for Tech package at Gross Cap Cost $43,045, 7500/36 for $520/month with 0 down. Zip code 11576.
I’m new to leasing. How did they calculate the cap cost. MSRP-incentive-rebate = $43595. What am I missing?
Thanks
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hope this helps,
Here is my experience. I emailed a dealer that I was interested in a MDX. I visited and test drove one. They asked if I wanted to take it home. I told them I would if the price was right. They gave me $650/month on 39/12k lease. I laughed.... They asked what they can do. I told them that I know about the incentives, MF, and residuals on the MDX lease and would not pay more than $500/month, I would take it home. That's when they came back with the initial $516 quoteu. I might have gotten it at $500/month, but they kept pushing 39 months and it was not right for me. I left the dealer and emailed few others around the area asking to beat the quote. That's how I got $507/36/12K. Don't be afraid to visit, haggle, and feel bad about the dealers. They always make money, otherwise they wouldn't sell it at the price.
2020 sh-awd with technology package in the Bay Area
Trade in 5000
10k/36 mos
57% residual value
$0 DAS
455 monthly payment including taxes.
What do you guys think about this?
Selling price?
Adjusted CAP cost?
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Can I please have the MF/Res and any rebates for MDX FWD & AWD Advance zip code 27516 24/10 and 36/10.
Have an Infinity and Dodge in the household currently if any conquest rebate?
Thanks in advance.
I asked them to price at cap cost $40595, 12K/36 moths with $0 down.
The dealer came back with the response "you're looking at MSRP 52395 and $520.78 monthly plus 88.75 tax on your conquest."
I know in NY, the tax is levied upfront on the lease payment.
What do you guys think about this?
Selling price - 41781
Adjusted Cap cost - 37717
Thanks in advance
62%/56% residual
$6800 incentive
No info on conquest
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Did they give you an adjusted CAP cost with tax and acquisition fee?
Did they disclose the money factor?
What is the amount Due at Signing?
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With that adjusted CAP, I get $384/mo.+tax
That is over $30/mo. off of your quote.
If you have $5000 upfront, it seems that after 1st payment, DMV/doc fees, and acquisition fee, you wouldn't have over $4000 left for CAP reduction. (more like $3200-$3300)
I'd verify the numbers.
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I've never leased before so I'm all new to these calculations.
Recently got quoted:
$4k down, $490monthly, 10k miles, selling price $43k (MSRP $55,895), RV $31,301
Seem like too much at $4k down and seems like RV is too high.
I'm willing to lease, but never have before....
What is the dealer's incentives for lease on this. I would qualify also for conquest, own 2013 BMW, not trading.
So far, dealer has said verbally 11,000 off MSRP if I lease, but no specifics on lease......
Please educate me on what would be a good deal based on current incentives. My zip is 73162
$6800 incentive
The residual is correct. When it comes to a lease, high residuals are good.
Do you have the adjusted CAP cost?
What is your sales tax rate?
Is $4000 the full amount Due at Signing?
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$6800 incentive
No info on conquest.
I'd look back on this discussion, and see what others are reporting for discounts.
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is .00225. I suppose he's just trying to pick up 200 in margin???
MSRP 52795
CAP cost 42394
Residual 55% for 12K per yr
or 29037.00
Taxes 1493.00
Acquisition Fee 595
Cap Cost Reduction 5000.00
TTL 2000.00 approx
Payment around 442
selling price 46,200.00
incentives (6,800.00)
loyalty (1,000.00)
Cap cost 39,395.00
MF 0.00145
Tax rate 8.25
PMT 420.00
One pay $14,154
RV 29,900.00
RV (7.5K) 57%
What you think about this quote? Should I pull the trigger
btw thanks so much for providing us these numbers
I wouldn't put $5000 upfront on a lease.
With $2000 upfront, the payment would be around $530/mo.
That's about average.
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$6800 incentive
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Residual vaule 28,817.25 (55%)
Money factor .00225
Rebate 6,800 lease cash
First Month 520.78
Tax on conquest 88.75
Doc fee 104.16
Due at signing 713.69 + plates
$12400 off MSRP, with $7800 of incentives seems decent. ($4600 additional discount)
I don't see anything wrong with that deal.
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I just want to make sure you didn’t assume that I got GCC $40595 when you make the comment above. Thanks.
MDX Base AWD, MDX Tech 36/10k
List 52795.00
Discount 12000.00
Sale Price 40795.00
595 Acquisition Fee
385 Documentation Fee
MF .000225
36 Months/12K Miles Per year 478.20
Total out of pocket 2999.00 down plus first months payment
Including Tag Title and License....
When I complained about dealer add ons (Acura all weather mats and wheel locks)
they threw them in for free.....
This is my forth MDX and the first time I ever got more than about 3k off one.....
Would like to understand why these cars are all the sudden being discounted for lease
this much.......don't wanna talk them out of it mind ya, but just curious.....
Base - 58% and $5800 incentives
Tech - 56% and $6800 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Together, they make for some scared dealerships.
That, and $6800 lease incentive from Acura to the dealer...
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Cap Cost = $40,595
OK, so not $12,400, but rather $11,800.
Dealer who play "hide the numbers" often do so for a reason.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
It's $12400 off.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1500 for cash/3rd party finance
$6500 for AFS financing at standard rates
$ZERO if you take AFS low rate financing
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Is this on top of the Conquest rebate?
Also I assume this is $1500 (cash / 3rd party) OR $6500 (afs)?