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Comments
a) Yes
b) Yes, reduction of $0.25/mile
c) No
2) Yes.. 20K miles, in addition to the current odometer reading.
24 mo vs. 36 mo delta on residuals is just 4%. It will be a rare deal, where the 24 month term is viable.
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M40: $2000 lease credit
X3M/comp: $3500 lease credit
$1500 loyalty
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-DEMO CAR-
.00158 MF
58% Residual
$46,545 MSRP
$9199 Discount
$41,304 Price w/ taxes fees etc...
DAS $0
Monthly payment $554
Located 33431 South florida
What is the term and mileage allowance?
(58% residual seems inaccurate)
Does the discount include incentives (lease credit, conquest, etc)?
How many miles on the demo?
Price with taxes and fees looks like a price for purchase. FL taxes the monthly payment on a lease. The number you need is the adjusted CAP cost.
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I believe they said conquest... no loyalty .. as we are moving from Audi
What is a realistic MF to ask for? (they said base was .00118)
Miles are 1993
Asking the dealership for the adjusted cap cost now.. thanks for your help. What do you think should be a good deal for this car?
Residual is adjusted downward to account for the current mileage ($0.25/mile)
15%-18% off MSRP on a loaner. (another $1000-$2000 more off)
Plus another $800 off to counteract the doc fee.
Ignore the sales tax number, as FL taxes the monthly payment.
Plus add $925 for lease acquisition fee.
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$1000 lease credit
$1500 loyalty
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Vehicle is a demo with about 4k in miles.
Thanks!
$1500 lease credit
$1500 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is your ZIP code?
What lease term and how many miles per year?
On the quote(s), what's the MSRP? Negotiated selling price? How much is due at signing?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
1) Therefore is the following math correct:
Expected discounted price = $50995 x 0.82 = $41816 (assuming18% discount)
Price after rebates = $41816 - 750 = $41066
On top of this, I have to add lease acquisition fee ($950) and tax.
Is that the right way to think about it?
2) One of my local dealer is talking about this offer for X3
Dealer Allowance: $2,500 Cash Back On Select BMW Models When Financing Through BMW Financial Services.
Can that be applied on a lease?
3) Some sites are talking about BMW FS waiving three months of payments as COVID deal. Is that true for leases and available for all zip codes?
Thanks for your help and patience
2) I don't think that dealer allowance is valid with the lease program.
3) We've heard two payments, up to $500 each (but, we don't have the documentation)
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$500 lease credit
$1500 loyalty
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2) One dealer is offering a 2019 X3 for 26% (likely with all rebates) off an MSRP of $49k with 5k miles. It seemed like a good deal from the discount perspective, but given that it is 2019, does that seem like a good discount?
2. If the car has more than 5000 miles on it, the residual drops 7% and there are no incentives. The big discount will be needed to make up for that.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$500 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2) Car has 4825 miles, but I will ask them to price out the lease including the residual value and bring that back to you.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00118 and 56%
$500 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1000 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$500 lease credit
$750 conquest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1000 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
1) Could you please advise me if this a good deal:
2) Is the residual calculated correctly?
3) The MF is not 0.00118. He is claiming that because it is a 2019 vehicle, thats why it is higher. UPDATE - He has agreed to a MF 0.00118. Is that ok for 2019 vehicle?
Thanks in advance
1) The lower document is still using the marked up money factor
With the base MF, the price should be $487/mo+tax, not $515/mo+tax
2) Yes, the residual is calculated correctly
3) Guess the salesperson wasn't telling you the truth, until the update.
Being in the city of Chicago is painful. If you were outside the city, you wouldn't have the extra $46/mo. in tax.
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2) Overall do you think the deal is good? Or should I push more?
- my math tells me 18% discount followed by a $1500 rebate and using base MF
Thanks a ton for your patience
2) I think it's pretty good. Nothing you can do about the onerous taxes in Chicago, except buy the vehicle.
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xDrive30i please
36 mo/10K miles
please help
thanks
$1000 lease credit
Don't see anything for health care workers.
What is the MSRP of the unit you are being quoted?
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Lease credit
30i - $500
M40i - $1500
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$1000 lease credit
$1500 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
@kyfdx @Michaell thank you very much from a first-time BMW owner. You have been incredibly helpful
Thanks for the report.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is it a service loaner with existing mileage?
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thanks.