Yes, full $5K due at signing. I need updated terms, but I've attached a photo of a version before further negotiations to get me to a $499/mo payment.
When I try to calculate my MF it's like 0.008 - but you're sharing 0.00115 which seems good from the research I've done. I'm new to this, so any additional perspective is greatly appreciated!!!
Yes, full $5K due at signing. I need updated terms, but I've attached a photo of a version before further negotiations to get me to a $499/mo payment.
When I try to calculate my MF it's like 0.008 - but you're sharing 0.00115 which seems good from the research I've done. I'm new to this, so any additional perspective is greatly appreciated!!!
Your screenshot looks like a purchase quote. I wonder why your tax is so low? Does GA not tax EVs? Hopefully, the taxable fees include the $795 acquisition fee. No mention of your $5000 upfront in those numbers.
$4500 of CAP reduction off the bottom line (reserving $500 for the 1st payment) would give you a CAP cost of about $35,500. If that's the case, then they are marking up the money factor a lot from .00115.
I believe GA does tax EVs. Waiting on an updated term sheet...
The MF you shared, where does that come from? Is that the # the manufacturer or bank gives to the dealership, then from there they can increase to make extra money?
Also, when the dealership gives incentives that reduces the CAP cost, correct? Why would they do that then mark up the money factor vs. not offering incentives?
I believe GA does tax EVs. Waiting on an updated term sheet...
The MF you shared, where does that come from? Is that the # the manufacturer or bank gives to the dealership, then from there they can increase to make extra money?
Also, when the dealership gives incentives that reduces the CAP cost, correct? Why would they do that then mark up the money factor vs. not offering incentives?
Sorry for all the questions- I'm very curious.
Appreciate it!
The MF comes from the leasing bank; yes, the dealer can mark it up for extra profit for themselves.
Received an updated quote. Dealer said my MF is .00218, higher than what you shared but from my research not outrageous (and def not the 0.008 I was calculating).
Received an updated quote. Dealer said my MF is .00218, higher than what you shared but from my research not outrageous (and def not the 0.008 I was calculating).
Cap cost is $34,890 after money down.
Thank you for all of your help!!
A markup of .00100 is equivalent to marking up an interest rate by 2.5%.. So, pretty egregious.
Thanks for the insight. If the dealer is taking an additional $4,500 off, aren't they losing money that way? I'm still unsure how dealer discounts reconcile with what they make via the money factor.
Any suggestions on what I should ask for to make it a more fair deal?
Thanks for the insight. If the dealer is taking an additional $4,500 off, aren't they losing money that way? I'm still unsure how dealer discounts reconcile with what they make via the money factor.
Any suggestions on what I should ask for to make it a more fair deal?
Start by telling them you won't sign any deal unless you get the base MF.
And, dealers won't offer any deal unless they are making money, somewhere. Not your job to worry about that - just get the best deal you can.
Comments
$15K lease cash
Do you have the adjusted CAP cost?
Seems like it would be around $37,000 to get that payment.
38% of that MSRP = $21,375 residual.
Is $5K the full amount Due at Signing?
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Yes, full $5K due at signing. I need updated terms, but I've attached a photo of a version before further negotiations to get me to a $499/mo payment.
When I try to calculate my MF it's like 0.008 - but you're sharing 0.00115 which seems good from the research I've done. I'm new to this, so any additional perspective is greatly appreciated!!!
Hopefully, the taxable fees include the $795 acquisition fee. No mention of your $5000 upfront in those numbers.
$4500 of CAP reduction off the bottom line (reserving $500 for the 1st payment) would give you a CAP cost of about $35,500. If that's the case, then they are marking up the money factor a lot from .00115.
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I believe GA does tax EVs. Waiting on an updated term sheet...
The MF you shared, where does that come from? Is that the # the manufacturer or bank gives to the dealership, then from there they can increase to make extra money?
Also, when the dealership gives incentives that reduces the CAP cost, correct? Why would they do that then mark up the money factor vs. not offering incentives?
Sorry for all the questions- I'm very curious.
Appreciate it!
The factory is the one offering the incentives.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Received an updated quote. Dealer said my MF is .00218, higher than what you shared but from my research not outrageous (and def not the 0.008 I was calculating).
Cap cost is $34,890 after money down.
Thank you for all of your help!!
Adds over $80/mo. to the payment
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Thanks for the insight. If the dealer is taking an additional $4,500 off, aren't they losing money that way? I'm still unsure how dealer discounts reconcile with what they make via the money factor.
Any suggestions on what I should ask for to make it a more fair deal?
And, dealers won't offer any deal unless they are making money, somewhere. Not your job to worry about that - just get the best deal you can.
Work with multiple dealers, if possible.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can I get the money factor, RV and any rebates/incentives on a 2024 Lexus RZ 300e premium.
36/10k and 27/10k
Zip code 76040
$15K lease cash
39% and 45% RV
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$17,000 lease cash
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Thanks-
46%/39% residual
$17,000 lease cash
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300E: $15,000 lease cash
450E: $17,000 lease cash
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Please help with
94539
300e or 450e
24m/10k
Max msd
Incentives, mf, rv
Thank you
Followup, lexus has 27mo "special". Is there a significant. Can i get mf,rv for that too?
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Premium
Premium
300 - .00082 MF and 46% / 45% for 24/27 months and 10K; $15K lease cash
450 - .00115 MF and 46% / 45%; $17K lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Another please
94539
300e lux
24/10
With and without max msd
MSDs - max 9 x .00008 reduction each.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
450
450
.00115 MF
44%/38% residual for 27/36 mo, 10K/yr
$17,000 lease cash
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Sorry, dealerships keep giving me different options and ideas.
94539
300e prem
24mo
12k vs 15k
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could you post current numbers and incentives for:
RZ 300e Premium and Luxury
24/10
Nevada location
Thank you!
46% and 45% residual
$15K lease cash
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36/10k and 24/10k
Zip code 95119
Thank you.
39% and 46% RV
$15K lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello,
Seeking money factor, RV and any rebates/incentives on a 2024 Lexus RZ 300e and 450e premium.
36/10k and 27/10k
Zip 75082
Thank you
Hi! May I get the money factor, residual and any incentives for the 2024 Lexus RZ 300e premium for 27 or 36/12k? Zip code is 32128. Thank you!
.00055 MF
43%/37% residual
$15K lease cash
450
Same as above
but, $17K lease cash
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42%/36% residual
$15K lease cash
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300e premium and luxury
450e premium and luxury
zip code 94134
Thank you
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7,500 miles and 10k miles
.00055 MF and 43% residual
$16,500 lease cash
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Thank you!
300 Prem - 43% / 37% for 27/36 and 10K
300 Lux - 42% / 36%
$16,500 lease cash
450 Prem - 43% / 37%
450 Lux - 42% / 36%
$18,500 lease cash
+1% for 7500 miles
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello in 78754 may I please get the following numbers?
27/36 months 7500 miles 300 premium
And it’s 9 MSD at 0.00008 reduction each? What about if one pay? Thanks!
43%/37% residual
$15K lease cash
6 MSDs reduce it to .00007 MF
One-pay = .00001 MF
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May I please have the MF, residual for 300e Premium in 92126?
27/7.5k 27/10k,
36/7.5k 36/10k
Thank you.