I have the following offer from a dealer, and I wanted to run the numbers by you:
EQS 450+ SUV 2023 $112665 MSRP -25,000 (includes all qualified rebates and incentives ) $87650 selling price trade offer: $42600 trade payoff balance: $46000 -$3400 trade negative equity.
24 months, 10K/year, Max MSD $15500, .00159 MF, residual: 63% 0 down payment all drive offs rolling into the payment (O.A.C) 10.25 tax rate applied.
24 mo: $1420/month
I run the same numbers through Edmunds lease calculator page, and I see a total monthly payment of $1293, and not $1420, and I am wondering what it is that I am missing. Maybe it has something to do with that "0 down payment all drive offs rolling into the payment (O.A.C)"? What does that even mean anyway?
I have the following offer from a dealer, and I wanted to run the numbers by you:
EQS 450+ SUV 2023 $112665 MSRP -25,000 (includes all qualified rebates and incentives ) $87650 selling price trade offer: $42600 trade payoff balance: $46000 -$3400 trade negative equity.
24 months, 10K/year, Max MSD $15500, .00159 MF, residual: 63% 0 down payment all drive offs rolling into the payment (O.A.C) 10.25 tax rate applied.
24 mo: $1420/month
I run the same numbers through Edmunds lease calculator page, and I see a total monthly payment of $1293, and not $1420, and I am wondering what it is that I am missing. Maybe it has something to do with that "0 down payment all drive offs rolling into the payment (O.A.C)"? What does that even mean anyway?
Thanks.
That means that all the fees and taxes are added into the selling price.
$3400 of negative equity will add roughly $150/mo to the payment.
Is your current car a lease? If so, you should ride it out until the end and not worry about the negative equity.
I have the following offer from a dealer, and I wanted to run the numbers by you:
EQS 450+ SUV 2023 $112665 MSRP -25,000 (includes all qualified rebates and incentives ) $87650 selling price trade offer: $42600 trade payoff balance: $46000 -$3400 trade negative equity.
24 months, 10K/year, Max MSD $15500, .00159 MF, residual: 63% 0 down payment all drive offs rolling into the payment (O.A.C) 10.25 tax rate applied.
24 mo: $1420/month
I run the same numbers through Edmunds lease calculator page, and I see a total monthly payment of $1293, and not $1420, and I am wondering what it is that I am missing. Maybe it has something to do with that "0 down payment all drive offs rolling into the payment (O.A.C)"? What does that even mean anyway?
Thanks.
That means that all the fees and taxes are added into the selling price.
$3400 of negative equity will add roughly $150/mo to the payment.
Is your current car a lease? If so, you should ride it out until the end and not worry about the negative equity.
I already included the trade offer and balance in the lease calculator (in the Edmunds website), and the monthly payment of $1293 accounted for that. That's why I am confused about the roughly 130 difference every month! The reason I am thinking of trading the car even with the negative equity is the almost $13,500 rebate on this car ($7500 EV credit, $1500 conquest, $4500 AmEx) which may not be available soon.
I have the following offer from a dealer, and I wanted to run the numbers by you:
EQS 450+ SUV 2023 $112665 MSRP -25,000 (includes all qualified rebates and incentives ) $87650 selling price trade offer: $42600 trade payoff balance: $46000 -$3400 trade negative equity.
24 months, 10K/year, Max MSD $15500, .00159 MF, residual: 63% 0 down payment all drive offs rolling into the payment (O.A.C) 10.25 tax rate applied.
24 mo: $1420/month
I run the same numbers through Edmunds lease calculator page, and I see a total monthly payment of $1293, and not $1420, and I am wondering what it is that I am missing. Maybe it has something to do with that "0 down payment all drive offs rolling into the payment (O.A.C)"? What does that even mean anyway?
Thanks.
That means that all the fees and taxes are added into the selling price.
$3400 of negative equity will add roughly $150/mo to the payment.
Is your current car a lease? If so, you should ride it out until the end and not worry about the negative equity.
I already included the trade offer and balance in the lease calculator (in the Edmunds website), and the monthly payment of $1293 accounted for that. That's why I am confused about the roughly 130 difference every month! The reason I am thinking of trading the car even with the negative equity is the almost $13,500 rebate on this car ($7500 EV credit, $1500 conquest, $4500 AmEx) which may not be available soon.
Let us know what you decide to do. You need to get the adjusted cap cost from the dealer, and an exact accounting of how they reached that number.
0 down payment all drive offs rolling into the payment (O.A.C)
Not having this actual number makes a payment calculation just a guess. As Michaell mentioned, get the actual adjusted CAP cost (there could be sales tax on incentives)
0 down payment all drive offs rolling into the payment (O.A.C)
Not having this actual number makes a payment calculation just a guess. As Michaell mentioned, get the actual adjusted CAP cost (there could be sales tax on incentives)
Thanks again! This is what the dealer sent me today:
0 down payment all drive offs rolling into the payment (O.A.C)
Not having this actual number makes a payment calculation just a guess. As Michaell mentioned, get the actual adjusted CAP cost (there could be sales tax on incentives)
Thanks again! This is what the dealer sent me today:
Hello! Can I please get MF, Residual, and ALL applicable incentives on the 2023 EQS 450+ Sedan RWD for zip code 92821? 24 months with 7,500 miles per year.
Hello! Can I please get MF, Residual, and ALL applicable incentives on the 2023 EQS 580 Sedan AWD for zip code 92821? 24 months with 7,500 miles per year. Thanks!
Hello! Can I please get MF, Residual, and ALL applicable incentives on the 2023 EQS 580 Sedan AWD for zip code 92821? 24 months with 7,500 miles per year. Thanks!
Last one...I promise! Can I please get MF, Residual, and ALL applicable incentives on the 2023 EQE 350+ Sedan RWD for zip code 92821? 24 months with 7,500 miles per year.
Last one...I promise! Can I please get MF, Residual, and ALL applicable incentives on the 2023 EQS 350+ Sedan RWD for zip code 92821? 24 months with 7,500 miles per year.
Last one...I promise! Can I please get MF, Residual, and ALL applicable incentives on the 2023 EQS 350+ Sedan RWD for zip code 92821? 24 months with 7,500 miles per year.
Last one...I promise! Can I please get MF, Residual, and ALL applicable incentives on the 2023 EQS 350+ Sedan RWD for zip code 92821? 24 months with 7,500 miles per year.
Comments
$7500 EV bonus
$2500 dealer cash
Either body
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$7500 EV bonus
$2500 dealer cash
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
EQS 450+ SUV 2023
$112665 MSRP
-25,000 (includes all qualified rebates and incentives )
$87650 selling price
trade offer: $42600
trade payoff balance: $46000
-$3400 trade negative equity.
24 months, 10K/year, Max MSD $15500, .00159 MF, residual: 63%
0 down payment all drive offs rolling into the payment (O.A.C)
10.25 tax rate applied.
24 mo: $1420/month
I run the same numbers through Edmunds lease calculator page, and I see a total monthly payment of $1293, and not $1420, and I am wondering what it is that I am missing. Maybe it has something to do with that "0 down payment all drive offs rolling into the payment (O.A.C)"? What does that even mean anyway?
Thanks.
$3400 of negative equity will add roughly $150/mo to the payment.
Is your current car a lease? If so, you should ride it out until the end and not worry about the negative equity.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I already included the trade offer and balance in the lease calculator (in the Edmunds website), and the monthly payment of $1293 accounted for that. That's why I am confused about the roughly 130 difference every month!
The reason I am thinking of trading the car even with the negative equity is the almost $13,500 rebate on this car ($7500 EV credit, $1500 conquest, $4500 AmEx) which may not be available soon.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
0 down payment all drive offs rolling into the payment (O.A.C)
Not having this actual number makes a payment calculation just a guess.
As Michaell mentioned, get the actual adjusted CAP cost (there could be sales tax on incentives)
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Thanks again!
This is what the dealer sent me today:
Market Value: 112,665
Discount Savings: -16,015
Vehicle selling price: 96,650
Document Prep fee: 85
License/Title: 979
Tire/Battery/VTR Fee: 8.75
Acquisition Fee: 1,095
Tax on Collected Items: 922.50
Capitalized Initial Fee: 1,420.24
Total CAP: 101,160.49
Trade Allowance: 42,600
Estimated Trade Payoff: 46,000
Rebate Saving: -9,000
Net Cap: 95,560.49
As the doc fee is $85, I'll guess this is CA. If I assume 9% as the sales tax rate, the payment goes to $1405/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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RWD or AWD?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
24/7.5K
Sedan RWD - .00239 and 64%
SUV AWD - .00228 and 63%
$7500 EV bonus
$2500 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
and does this differ between 450 and 580?
Yes, 580 numbers will be different
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hi
Can I get the rv, mf and incentives for 2023 EQS 450+ sedan (24/7500 and 24/10000) for zip code 92821, thank you
.00239 MF and 63% RV
$7500 EV bonus
$2500 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you Michael but What is the MF/RV for 24/7.5?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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$7500 EV bonus
$2500 dealer cash
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Edmunds Moderator
No info on fleet.
Dealer cash is to dealer; they are not obligated to pass it along to the customer
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$7500 EV bonus
$2500 dealer cash
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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And what is the standard MF in number?
Zip 19342
24/7.5k
36/7.5k
Thank you!
63%
56% RV
$7500 EV bonus
$2500 dealer cash
No info on Amex
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Picking mine up tomorrow.
RWD or AWD?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
24m/10k and 36m/10k
Do the EQS 450 SUV incentives and MF vary?
RWD or AWD on the EQS 450 SUV?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
62%/55% residual
$7500 EV bonus
$2500 dealer cash
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Please provide 2023 EQS 4Matic SUV
Zip: 63141
Term: 36 and 24
Miles: 10k/year
MF, Residual and Incentives
Thank you!
62% / 55% RV for 24/36 and 10K
$7500 EV bonus
$2500 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2023 EQS 450+ Sedan and SUV
24/7.5k
92782
Thanks
$7500 EV bonus
$2500 dealer cash
Either body style
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
AWD - .00228 and 62% / 55%
$7500 EV bonus
$2500 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Zip: 48236
Term: 24
Miles: 10k/year
MF, Residual and Incentives