also, if the $10,500 cap reduction with the .00334MF is available for my zip code (I know that eliminates the dealer cash and the .00001MF) can I do a one-pay lease to lower the MF???
Please let me know if these numbers are accurate and if this is a good deal or not. I just rec'd these numbers from a New Jersey VW dealer.
2024 ID.4 Pro S AWD $0 down Payment $554 monthly (for 24 months)
New Jersey Lease: 24 Months, 10k Miles, $0 down MSRP $ 56,141 Cap Cost (Selling Price after Discount and Lease cash) = $49,500 Lease Rebate of $7,500 Acquisition Fee $ 699 Registration $ 1,019.50 DMV Additional (Title fee temp tag, online reg) $99.35 Doc Fee $789 Sales tax (3.3125%) $ 692.93 24 Months with money factor at .00001 with no money down rolling in all the fees @ 10k miles just first payment out. Residual Value $ 32561.78 (58%) Money Factor: .00001 Adjusted cap cost $45,860.16 Dealer is stating Fees are $3,299.78 and $6,641.00 discount (which includes the dealer cash).
also, if the $10,500 cap reduction with the .00334MF is available for my zip code (I know that eliminates the dealer cash and the .00001MF) can I do a one-pay lease to lower the MF???
I don't know.. you would think so. The one-pay reduction is .00050 on a 24 month lease
Please let me know if these numbers are accurate and if this is a good deal or not. I just rec'd these numbers from a New Jersey VW dealer.
2024 ID.4 Pro S AWD $0 down Payment $554 monthly (for 24 months)
New Jersey Lease: 24 Months, 10k Miles, $0 down MSRP $ 56,141 Cap Cost (Selling Price after Discount and Lease cash) = $49,500 Lease Rebate of $7,500 Acquisition Fee $ 699 Registration $ 1,019.50 DMV Additional (Title fee temp tag, online reg) $99.35 Doc Fee $789 Sales tax (3.3125%) $ 692.93 24 Months with money factor at .00001 with no money down rolling in all the fees @ 10k miles just first payment out. Residual Value $ 32561.78 (58%) Money Factor: .00001 Adjusted cap cost $45,860.16 Dealer is stating Fees are $3,299.78 and $6,641.00 discount (which includes the dealer cash).
Thanks
The dealer cash on this model is $6500, so the effective dealer discount is $141. Of course, they are charging $789 to sell you the car. Is registration really $1019 in NJ? That seems awfully high.
I confirm the $554 payment, given the information provided.
Could I please get MF/RV and incentives on 2024 Id.4 S and Pro S for 32751
24/12k @ 24/15k
Thanks 🙏🏽
.00001 MF 57% and 55% residual
$7500 lease cash
S: $6100 dealer cash Pro S RWD: $5950 dealer cash
Think hard about your mileage needs. The extra cost for 15K/yr is the same on a two year lease as it is on a three year lease, but the cost is spread over fewer months. $44-$48 per month extra
To Moderator, you stated "The dealer cash on this model is $6500, so the effective dealer discount is $141." Are you saying the dealer is able to discount this deal another $6,359? ($6,500 dealer cash minus the effective dealer discount $141)?
I'm referring to my post 3 above - 2024 ID.4 Pro S AWD in New Jersey.
I'm trying to understand if you are saying the dealer has a lot more room to discount the price.
To Moderator, you stated "The dealer cash on this model is $6500, so the effective dealer discount is $141." Are you saying the dealer is able to discount this deal another $6,359? ($6,500 dealer cash minus the effective dealer discount $141)?
I'm referring to my post 3 above - 2024 ID.4 Pro S AWD in New Jersey.
I'm trying to understand if you are saying the dealer has a lot more room to discount the price.
Thanks
No.. you stated that the discount is $6641. I only noted that the effective discount is only $141, given that VW gives the dealer $6500.
I don't know how much room the dealer has, but I'll guess it's more than $141. But, you know, supply and demand, and all that.
Hello! Could I please get the RV, MF, and any incentives lease deals for a 2024 ID4 Standard and S both RWD 24 or 36 month lease 10k a year. Zip is 54935. Thank you so much!
Hello! Could I please get the RV, MF, and any incentives lease deals for a 2024 ID4 Standard and S both RWD 24 or 36 month lease 10k a year. Zip is 54935. Thank you so much!
Think hard about your mileage needs. The extra cost for 15K/yr is the same on a two year lease as it is on a three year lease, but the cost is spread over fewer months. $44-$48 per month extra
Thanks for all that. Sorry but this is the first time I’ve ever thought about leasing. Been reading a lot here and on Leasehackr. Can you explain that part about the mileage needs more? 15k would definitely be better for us. It’ll be a daily driver. Are You suggesting it might be a better deal to do 3/15? What would the rv be on 3/15k?
Think hard about your mileage needs. The extra cost for 15K/yr is the same on a two year lease as it is on a three year lease, but the cost is spread over fewer months. $44-$48 per month extra
Thanks for all that. Sorry but this is the first time I’ve ever thought about leasing. Been reading a lot here and on Leasehackr. Can you explain that part about the mileage needs more? 15k would definitely be better for us. It’ll be a daily driver. Are You suggesting it might be a better deal to do 3/15? What would the rv be on 3/15k?
No, not saying that 36 months will necessarily be better (it might be). Just that it's relatively expensive to go from 12K/yr to 15K/yr on a 24 month lease. And, since you asked for both numbers, you should be cognizant of that. If you are only going to use half of the extra miles, you might be better off taking the mileage penalty at the end of the lease
Is the 10,500 not because this was not tax credit eligible? The sales guy I spoke to told me the tax credit could only be taken on a lease as “lease cash”.
Why do you say it’s possible on top of the the 10500 rebate?
Still trying to wrap my head around all the incentive options and what can and can’t be combined.
Is the 10,500 not because this was not tax credit eligible? The sales guy I spoke to told me the tax credit could only be taken on a lease as “lease cash”.
Why do you say it’s possible on top of the the 10500 rebate?
Still trying to wrap my head around all the incentive options and what can and can’t be combined.
When you buy a car, the federal tax incentive is between you and the IRS. That’s why I stated “possible”. I can’t tell you if any specific unit meets the qualifications, or if your income level might restrict the tax credit.
On a lease, the leasing bank gets the tax credit. They can then choose to pass it on to you as a rebate (or not). Since the bank owns the car, it’s a commercial vehicle and not a personal vehicle. Ergo, the tax credit rules are different.
any advice for roughly what percentage off msrp would be a realistic offer to make for an id.4 S that's been on the lot since summertime? not including the 6100 dealer cash or alternatively the 10,500 lease cash. just want to know ballpark how much would be realistic to offer off of MSRP before I figure in incentives.
any advice for roughly what percentage off msrp would be a realistic offer to make for an id.4 S that's been on the lot since summertime? not including the 6100 dealer cash or alternatively the 10,500 lease cash. just want to know ballpark how much would be realistic to offer off of MSRP before I figure in incentives.
Nope.. See the Price Checker link below for Edmunds research
Hi, May I please ask for MF/RV/incentives for Pro/Pro S for 24/36 and 10k at 30009? Are these numbers the same if the dealer has a few 2023 model year on the lot? Thank you!
RWD or AWD?
There are no lease programs for the 2023 ID.4.
RWD please (MF/RV/incentives for Pro/Pro S RWD for 24/36 and 10k at 30009), Thank you!
Hi, May I please ask for MF/RV/incentives for Pro/Pro S for 24/36 and 10k at 30009? Are these numbers the same if the dealer has a few 2023 model year on the lot? Thank you!
RWD or AWD?
There are no lease programs for the 2023 ID.4.
RWD please (MF/RV/incentives for Pro/Pro S RWD for 24/36 and 10k at 30009), Thank you!
Hi. Could you please share MF, Residual and Incentives for ID4 Standard and S RWD for 94506. 10k/yr, 24 month. Thank you so much.
.00001 MF and 58% residual $7500 lease cash
STD: $5050 dealer cash S: $6100 dealer cash
Thanks. I'm trying to understand how the MF is working as this is what I'm being quoted:
ID4 S
MSRP: 47811 Cap Cost: 34211 24 month/10k miles Residual: 58% - matches what you have quoted MF: .00334 which is much higher than the .00001 Taxable incentive: $7500 Payment including tax: $152 Driveoff: $2350
Is the dealer marking up the MF or is are there two different programs here?
Comments
Both please![:smile: :smile:](https://forums.edmunds.com/resources/emoji/smile.png)
57% and 50% RV
$7500 EV lease bonus
AWD - $6200 dealer cash
RWD - $5850 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$7500 EV lease credit
$6500 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2024 ID.4 Pro S AWD
$0 down
Payment $554 monthly (for 24 months)
New Jersey
Lease: 24 Months, 10k Miles, $0 down
MSRP $ 56,141
Cap Cost (Selling Price after Discount and Lease cash) = $49,500
Lease Rebate of $7,500
Acquisition Fee $ 699
Registration $ 1,019.50
DMV Additional (Title fee temp tag, online reg) $99.35
Doc Fee $789
Sales tax (3.3125%) $ 692.93
24 Months with money factor at .00001 with no money down rolling in all the fees @ 10k miles just first payment out.
Residual Value $ 32561.78 (58%)
Money Factor: .00001
Adjusted cap cost $45,860.16
Dealer is stating Fees are $3,299.78 and $6,641.00 discount (which includes the dealer cash).
Thanks
$7500 lease cash
STD: $5050 dealer cash
PRO: $5850 dealer cash
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Of course, they are charging $789 to sell you the car.
Is registration really $1019 in NJ? That seems awfully high.
I confirm the $554 payment, given the information provided.
Is it a good deal? Sorry, no idea.
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Could I please get MF/RV and incentives on 2024 Id.4 S and Pro S for 32751
24/12k @ 24/15k
Thanks 🙏🏽
57% and 55% residual
$7500 lease cash
S: $6100 dealer cash
Pro S RWD: $5950 dealer cash
Think hard about your mileage needs. The extra cost for 15K/yr is the same on a two year lease as it is on a three year lease, but the cost is spread over fewer months. $44-$48 per month extra
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I'm referring to my post 3 above - 2024 ID.4 Pro S AWD in New Jersey.
I'm trying to understand if you are saying the dealer has a lot more room to discount the price.
Thanks
I don't know how much room the dealer has, but I'll guess it's more than $141. But, you know, supply and demand, and all that.
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Hello! Could I please get the RV, MF, and any incentives lease deals for a 2024 ID4 Standard and S both RWD 24 or 36 month lease 10k a year. Zip is 54935. Thank you so much!
58% or 51% RV
$7500 EV lease credit
Std - $5050 dealer cash
S - $6100 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do you have MF/RV/Incentives for a 2024 ID.4 S, ProS RWD for 36/10? Zip 12601
Thanks in advance!
$7500 lease cash
$5950 dealer cash
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Thanks for all that. Sorry but this is the first time I’ve ever thought about leasing. Been reading a lot here and on Leasehackr. Can you explain that part about the mileage needs more? 15k would definitely be better for us. It’ll be a daily driver. Are You suggesting it might be a better deal to do 3/15? What would the rv be on 3/15k?
Hi, can you please provide the RV, MF and incentives for the Volkswagen ID.4 Standard for 24 months/10K miles in 92114. Thanks!
58% RV
$7500 EV lease credit
$5050 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks for all that. Sorry but this is the first time I’ve ever thought about leasing. Been reading a lot here and on Leasehackr. Can you explain that part about the mileage needs more? 15k would definitely be better for us. It’ll be a daily driver. Are You suggesting it might be a better deal to do 3/15? What would the rv be on 3/15k?
No, not saying that 36 months will necessarily be better (it might be). Just that it's relatively expensive to go from 12K/yr to 15K/yr on a 24 month lease. And, since you asked for both numbers, you should be cognizant of that. If you are only going to use half of the extra miles, you might be better off taking the mileage penalty at the end of the lease
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60156
RWD Standard
24/10
Could I also get the incentives if purchasing and not leasing, please? Thank you.
51% residual
$7500 EV lease credit
$6200 dealer cash
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58% residual
$7500 EV lease credit
$5050 dealer cash
Purchase
0% financing for 72 months
$5000 rebate
Or, standard financing/cash
$10,500 rebate
And, then.. possible $7500 federal EV tax credit
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Is the 10,500 not because this was not tax credit eligible? The sales guy I spoke to told me the tax credit could only be taken on a lease as “lease cash”.
Why do you say it’s possible on top of the the 10500 rebate?
Still trying to wrap my head around all the incentive options and what can and can’t be combined.
Is the 10,500 not because this was not tax credit eligible? The sales guy I spoke to told me the tax credit could only be taken on a lease as “lease cash”.
Why do you say it’s possible on top of the the 10500 rebate?
Still trying to wrap my head around all the incentive options and what can and can’t be combined.
When you buy a car, the federal tax incentive is between you and the IRS. That’s why I stated “possible”. I can’t tell you if any specific unit meets the qualifications, or if your income level might restrict the tax credit.
On a lease, the leasing bank gets the tax credit. They can then choose to pass it on to you as a rebate (or not). Since the bank owns the car, it’s a commercial vehicle and not a personal vehicle. Ergo, the tax credit rules are different.
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So if income level is no issue how would you verify the units eligibility? I don’t see the 24 id4 on the this list https://fueleconomy.gov/feg/tax2023.shtml
If* buyer and unit are fully eligible- are dealers accepting the transfer of credit to them on top of the 10500 rebate?
So if income level is no issue how would you verify the units eligibility? I don’t see the 24 id4 on the this list https://fueleconomy.gov/feg/tax2023.shtml
If* buyer and unit are fully eligible- are dealers accepting the transfer of credit to them on top of the 10500 rebate?
I don't have the details for you.
Also, I'll note that document you linked was from 2023
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MF (eligible with $10500 retail bonus) 850+ FICO
One pay MF discount
RV (24 months, 10K miles a year, S and Pro)
Dealer Cash for S and Pro if taking the 0.00001 MF option
For 03051 Zip Code.
Thank you very much in advance.
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.00001 without
Dealer cash
S - $6100
Pro RWD - $5850
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I assume the 58% RV is the same across all models/trims for 24mo 10K a year?
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Just wanted to double check since I'm getting conflicting info elsewhere.
The two different options for a lease are:
$10500 Customer Retail Cash + $7500 Standard EV Lease Bonus + 0.00334 MF
and
$7500 Special EV lease Bonus + $5-6K Dealer cash depending on model/trim + 0.00001 MF
Does that sound correct?
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Looking for the MF, RV, & Lease Incentives on 2024 I.D. 4 standard RWD & I.D.4 Pro RWD - 24/10.
at Zip 91367.
Thank you
$7500 lease cash
STD: $5050 dealer cash
PRO: $5850 dealer cash
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Thank you!
58%/51% residual for 24/36 mo
$7500 lease cash
PRO: $5850 dealer cash
PRO S: $5950 dealer cash
Also, we do have programs for the 2023 ID.4 model
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Thanks
$7500 lease cash
STD: $5050 dealer cash
PRO: $5850 dealer cash
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$7500 lease cash
STD: $5050 dealer cash
S: $6100 dealer cash
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ID4 S
MSRP: 47811
Cap Cost: 34211
24 month/10k miles
Residual: 58% - matches what you have quoted
MF: .00334 which is much higher than the .00001
Taxable incentive: $7500
Payment including tax: $152
Driveoff: $2350
Is the dealer marking up the MF or is are there two different programs here?