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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
However, we don't recommend you put any money down on a lease - do you know how much of the $3,000 up front is used for cap cost reduction?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2.50% APR and 62% residual w/1LS. 60% residual w/o 1LS
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The residual is the value they place on the vehicle at lease end. It's a percentage of the MSRP.
To convert the APR to an approximate money factor, divide by 2400. The money factor is set by the bank that is renting you the vehicle.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
But, in general, $600/mo with tax for a $60K car is not a bad deal.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2.50% APR and 58% or 56% residual
Assuming all additional costs are in your upfront money, I get a payment of about $699/mo.+tax.. ($731/mo. with lower residual) So, if you are happy with the selling price, then the math looks to be good, assuming tax is still to be added.
No idea about December, but there isn't anything that can really get worse, as far as the lease deal.. .wouldn't hurt to wait. Or, leverage the last few days of this month to try to work a better deal.
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MF and Residuals @ 10K miles:
24 mo = xx%
33 mo = xx%
36 mo = xx%
-x% for 12k miles?
Thanks!
Sorry... no Chevy numbers, yet... hopefully soon.
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24 mo = 67%, 1.78% APR
36 mo = 61%, 2.50% APR
-1% for 12k miles?
Don't have any info on 33 month programs.
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2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2.50% APR and either 60% or 58% residual, depending on the trim line, for 36mo, 15K/yr.
(no.. don't know which number the LT qualifies for).
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2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Yes, destination is part of MSRP
Yes acquisition fee is added to the price, if not paid up front
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP: $62,045
Selling Price: $54,131
Negative Equity: $5,029
39 Months - 20K per year lease - 8.375% Sales Tax Rate
Payment: $930 per month including tax
Can you plug this into your magical leasing calculators and let me know your thoughts! Thank-you!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
But, I see around $735/mo. + tax, but I may be underestimating the residual hit for 20K/yr.
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2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
No... I already added in the negative equity..
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2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2015 4WD Chevrolet Tahoe LT
MSRP: $62,045
Selling Price: $54,131
Negative Equity: $5,029.69
39 Months
Residual Value: 56%
Money Factor: .00148 (I think he's inflating this)
Additional Miles: 20K per year for 39 months @ $.20 each over 15K per year
Right now he's got me at $930 per month
Can you guys give me a solid number to go back to him with tomorrow?
Thanks!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
If the extra mileage charge is added to the CAP cost, I get $853/mo.+tax.
If the extra mileage charge is used to reduce the residual, I get $843/mo.+tax.
If they are using an actual MF instead of an APR, they are probably going through a different bank than Ally, and I can't verify it (though, the residual is the same).
The 2.50% APR from Ally roughly equals .0011
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You used the 2.5% APR or the .00148 (3.55%) I'm being quoted?
Looks like I'm going to shoot for plan B. I'm going to have Dad's '11 professionally detailed on the inside, bring it up for them to see & hopefully get some more trade money out of them so there's less negative equity and get them to give me the base 2.5% APR.
Thanks as always!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD