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$500 incentive
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$500 incentive
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2020 GLC RWD
MSRP $49285
Sale price $42000
36/12k
RV 56%
MF .00152
$1800 Due at signing, includes first month+ DMV fees+ acquisition fee
$506 a month.
Lower is always better.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$500 incentive
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$500 incentive
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Most dealers mark it up to $1095
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00178 MF and 58% residual
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$500 dealer incentive
$4460 lease cash
There is no Federal rebate, it is a tax credit. I don't know the correct amount for the Mercedes, but it goes to the owner of the vehicle (MBFS). In turn, they provide the $4460 rebate to the lessee.
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2020 GLC 300 RWD
Zip: 90064 36 / 10K
MF / RV, Any incentive?
Thank You
$500 incentive
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MSRP: $47,025
Negotiated Selling Price: $40,963
But Deal Sheet shows:
Gross Cap Cost: $41,000
Net Cap Cost Reduction: -$9.08 Any thoughts why -$9.08?
Net Cap Cost: $41,009.08
Cap Cost Reductions: Requested $0 Cap Cost Reduction
Cash from Customer: $2,447.00
Total Inceptions: $2,456.08
Net Cap Cost Reduction: -$9.08
Cash Applied to Cap Cost: $-$9.08. Any thoughts why -$9.08?
Lease: 36 mo. /10,000 miles
RV: 57%
MF: 0.00152 = 3.7%. MF last month was 0.00122 or 2.9% and MF for GLC300 4Matic is 0.00108. Any Thoughts Why MF is so high?
Base Monthly: $497.66
9.5 Sales tax: $51.01
Total Monthly:$548.67
Upfront Fees
Acquisition Fee: $1,095.00
License Plate Fee: $1.00
Doc Fee: $85.00
Tire Fee: $8.75
Vehicle License Fee: $268.00. Other dealers quoted $566 or $549. Any thoughts why lower?
Registration Fee: $60
CHP Fee: $27.00
Due at Signing:
1st Month’s Payment: $548.67
Acquisition Fee: $1,095.00
Inception Fees: $691.46
Sales Tax: $120.95
Applied Cash Down: -$9.08. Any thoughts why -$9.08
Total Cash Down: $2,447
My calculations at 57% RV and 0.00152 MF:
Base Monthly: $497.65
9.5 Sales tax: $47.28
Total Monthly:$544.93
Can’t get my numbers to jibe with Dealer’s numbers. Any thought why?
Cash Cap Reduction: -$9.08 but requested $0 cap cost reduction.
Wanted to pay at signing: 1st months payment + acquisition fee, DMV, Doc, Filing, Tire and any other fee. Any Thoughts why negative $9.08?
Is this a good deal? Any room for improvement? If so, where?
Thank-you
Your payment calculation? Obviously, you and the dealer aren't using the same sales tax rate. It appears their rate is 10.25%
.00152 MF? The bank sets this rate. You can compare it to AWD, but then AWD residual is 2% lower, as well. Ultimately, it is what it is.
Generally in CA, an MSRP of that amount would have total DMV fees of about $520. Your total is around $360. You'll have to ask the dealer why they are so low.
Acquisition fee is marked up from $795
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$500 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks for the report.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $47,390
Negotiated Selling Price: $41,090
Adjusted Cap Cost: $41,090
Months/Miles: 36/10k
RV: 57%
MF: 0.00152
Base Monthly: $494.57
9.5 Sales Tax: $46.98
Total Drive Off: $2,421.40 consisting of:
1st Month’s Payment: $541.55
Acquisition Fee: $1,095.00
Doc Fee: $85
CA Tire Fee: $8.75
AVRS Electronic Filing: $30
Upfront Taxes: $112.10
License Fee: $549. Another dealership quoted $356. Is the difference an extra profit to the dealer or are license fees generated by the DMV?
Total Inception Fees Cash Down: $2,451.89
Learned acquisition fee charged by MBFS is actually $795 and dealer claims additional $300 is added by their finance department. Has anyone had any success negotiating the acquisition fee to $795? If so, how?
Is this a good deal?
Any room for improvement?
If yes, where?
2020 GLC 300 RWD
MSRP: $48,760
Negotiated Selling Price: $42,460
Adjusted Cap Cost: $42,460
Months/Miles: 36/10k
RV: 57%
MF: 0.00152
Base Monthly: $514.20
9.5 Sales Tax: $48.85
Total Drive Off: $2,451.89 consisting of:
1st Month’s Payment: $563.04
Acquisition Fee: $1,095.00
Doc Fee: $85
CA Tire Fee: $8.75
AVRS Electronic Filing: $30
Upfront Taxes: $112.10
State DMV / License Fee: $558. Another dealership quoted $356. Does DMV determine the license fee or is the $202 difference an extra profit the dealer adds?
Total Inception Fees Cash Down: $2,451.89
Is sales tax based on the location of the dealership or where the car is to be garaged?
Is this a good deal?
Any room for improvement?
If yes, where?
Which is a better deal?
I don't have any info about a further incentive, but if it starts today, we probably wouldn't have it, anyway.
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Noted in my last response about the acquisition fee being marked up.
It is easier to ask for a price reduction, than to negotiate the acquisition fee.
Upfront tax is the tax on the acquisition and doc fee
Payment calculation is correct
Seems like a reasonable deal
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You'll have to ask about local sales tax in CA. It could be levied at the dealership location. We don't have that info.
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2020 GLC300 RWD
MSRP: $47,025
Negotiated Selling Price: $40,963
Months/Miles: 36/10k
RV: 57%
MF: 0.00152
Lease Depreciation: $379.41
Lease Charge: 102.25
Base Monthly: $481.66
9.5% Sales Tax: $45.76
Total Monthly: $527.42
Total Monthly Payments: $18,987.12
AMOUNT DUE AT SIGNING:
1st Month’s Payment: $527.42
Acquisition Fee: $1,095.00
Sales Tax: $104.03
Registration Fee: $60.00
License Plate Fee: $1.00
CHP Fee: $27.00
Plate Fee: $1.00
CA Calculated County Fee: $11.00
Smog Abatement: $20
CA TIF: $161.00
Miscellaneous Fees: $1.00
Vehicle License Fee: $264.00
Document Processing Fee: $85.00
Electronic Filing: $30.00
CA Tire Fee: $7.00
Doc Tax: $8.08
Total Due at Lease Signing: $2,402.35
Dealer inserted: $2,402.53 for Amount Due at Lease Signing and $18,987.12 for Total Monthly Payments but $21,457.23 for Total Payments.
Dealer claims discrepancy due to rounding and the computer program. Should I demand a correction before I sign?
Dealer inserted $3,404.27 for Estimated Official Fees & Taxes (including license, title, registration and taxes over the term of the lease) but my calculations show $2,570.04.
Dealer stated the $3,404.27 is just an estimate and I will not be bound by that amount. Should I demand a correction before I sign?
Is this a good deal?
Any room for improvement? If so, where?
I would greatly appreciate your thoughts. Thank-you
That number and the monthly payment, are all that matter. The rest is just estimates.
You will owe annual registration fees each year, though. Be aware of that. Those are paid to the state when registration is renewed.
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However, as that is a Saturday, it's possible that the July programs will be extended through Monday, 8/3, with the new programs released on 8/4.
But, we won't know any of that for sure until next Friday.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Sticker $53945 ( with destination )
NaV , driver assist pack, park assist, pan roof, premium package are the major options.
What do MB dealers offer off sticker price ?
Are there dealer incentives ?
I don’t mind them making $, but also don’t want to give them all my money
Does it matter off their lot or if they get one from another dealer. ??
Thanks. Dan
https://www.edmunds.com/new-cars/
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00108 and 52%
$500 dealer cash
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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
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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