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$750 lease cash
$1000 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$750 lease cash
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$750 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00036 MF and 50% residual
$750 lease cash
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$1250 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$750 lease cash
$1000 loyalty
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$1250 lease cash
$1000 loyalty
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$6712 lease cash
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.00056 and 48%
$750 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$750 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$750 lease cash
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56%/49% residual
$7462 lease cash
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$750 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks!
Q5 - .00036 and 51%; $750 lease cash
$1000 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00079 and 49%; $7712 lease cash
Add 1% for P+
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2020 Q5 Quattro Gasoline and Q5e Hybrid Quattro
Zip: 11357
Currently Audi lease (if there is loyalty)
PS: What is Titanium Quattro?
Thank you!
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For Premium Plus, please.
Q5e: .00079 MF and 50% residual. $6712 lease cash
Q5: .00036 MF and 53% residual. $750 lease cash
Q5 Titanium: .00082 MF and 54% residual. $750 lease cash
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52%/50% residual for P+/Prestige
$750 lease cash
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Please also let me know the Prestige MF/RV.
2020 Q5e Prestige, MSRP: 64,310 on window sticker, but on paperwork he used "Value $62,000"
Rebate $7,712 (as down payment)
Tax on Down payment $685
Discount 11,800
Selling Price: $50,200
Fees $1800
DAS: $1500, rest rolled into lease.
Lease: $760/month
or
DAS $2500, rest rolled into lease.
Lease: $727/month
Prestige RV is 49% for Q5e
Does the DAS include or exclude the first payment?
With the MSRP and selling prices given, I get $584/mo, plus tax
Ask the dealer what the adjusted cap cost is for each of their quotes. From that, we should be able to determine if the MF is marked up.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is the MF same as Premium Plus? 0.00079
This is a NJ dealer so put $300 Doc Fee, in his paperwork (last time) $170 DMV, Bank Fee $895. $1365 + 1st Month $760 = $2125, (or if the doc fee is $500, just change by $200 not significant)
So seems like we are building the difference of $625 + interest getting built into the payment.
You are right, if there was really $11,800 discount, (guessing rebates are in this, so removing $7712, there is supposed to be $4077 discount somewhere.) Based on my calculation there is only $1852 off MRSP, so we are missing $4077-1852 = $2223 somewhere.
If MF is same as Premium at 0.00079, my home made calculator gives me this (by me trying to reverse it)
It looks like we get barely 3% off MSRP with 2223 missing somewhere.
If we had the actual numbers from the dealer, we would know more.
If they refuse to share, that tells you something, too.
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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
Thanks, I dealt with them before, what they are doing is just looking at the MSRP, Out of Pocket and Monthly Payment, I can compare that with other dealers, and others are giving me in the $800's with over $2000 OOP for similar vehicle.
When all that matters is OOP and per month cost, is the rest really important? $62k vehicle with only $1500 at signing, and it's $760/month. This is much more expensive than my last deal of $70k vehicle with $1500 down at $808/mo but that was before the covid restrictions on cars.
At least does my reverse make some sense that he is giving us only about 3% off MSRP + the Hybrid lease credit? (although his number is $1000 more than yours, maybe there is another $1k loyalty?)
When I check their website, it's giving me a crazy number with $1500 due at signing:
If you got a quote of, say, $750 with $2000 OOP, but they are marking up the MF, and you could really get $720 with $2000 OOP, I'd say that's a big difference.
Not knowing all the numbers makes it hard for us to help you.
If you haven't already, look here for help with pricing:
https://www.edmunds.com/new-cars
Lastly, don't compare current offers with your last lease. Even without COVID, deals are worse than they were 3 years ago.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Bad deal - I don't need to see anything else to tell you that.
Shop multiple dealers - you should be able to get something off sticker.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
When I called my SA (who got me my last lease) he gave me the same car for monthly payment of $760.
I applied exact same deal ($1500 out of pocket) on their website, and it gave me $948/month. He sent me confirmed quote showing $1500 OOP, $740/month.