How much was your negative equity? Just want to see if your getting a good sales price.
They want to cut a check for the remaining payments ($4394.50) in lieu of giving me a trade in to reduce that. I haven't really negotiated yet, that's just the starting price they gave me. I just wanted to understand how they got to the monthly before I get back to them.
Looking for feedback. 2015 MDX Tech AWD msrp 49,462. Sell offer 45,700. I'm looking for a 36 mo 15k located in Minneapolis, MN. What residual should I expect and MF?
.00055 MF and 57% residual.
Looking at the 2015 2wd tech with MSRP of 47,960 for 36/15k. Can you please confirm the MF and Residual value. thank you for your help.
Looking for feedback. 2015 MDX Tech AWD msrp 49,462. Sell offer 45,700. I'm looking for a 36 mo 15k located in Minneapolis, MN. What residual should I expect and MF?
.00055 MF and 57% residual.
Looking at the 2015 2wd tech with MSRP of 47,960 for 36/15k. Can you please confirm the MF and Residual value. thank you for your help.
MF stays the same at .0005, 36/15 residual for 2WD Tech is 57%
Looking for feedback. 2015 MDX Tech AWD msrp 49,462. Sell offer 45,700. I'm looking for a 36 mo 15k located in Minneapolis, MN. What residual should I expect and MF?
.00055 MF and 57% residual.
Looking at the 2015 2wd tech with MSRP of 47,960 for 36/15k. Can you please confirm the MF and Residual value. thank you for your help.
MF stays the same at .0005, 36/15 residual for 2WD Tech is 57%
After negotiations, quoted payment was $528 including 6% tax on 36 mo/15k year lease with trade in credit of $1,825. Other costs included acquisition of 595, dealer fee of 699 and tag costs (almost $1,500 in total). Negotiated price was around $43,600 (msrp 47,960). Walked out. I still feel they could've done better. Thoughts?
Looking for feedback. 2015 MDX Tech AWD msrp 49,462. Sell offer 45,700. I'm looking for a 36 mo 15k located in Minneapolis, MN. What residual should I expect and MF?
.00055 MF and 57% residual.
Looking at the 2015 2wd tech with MSRP of 47,960 for 36/15k. Can you please confirm the MF and Residual value. thank you for your help.
MF stays the same at .0005, 36/15 residual for 2WD Tech is 57%
After negotiations, quoted payment was $528 including 6% tax on 36 mo/15k year lease with trade in credit of $1,825. Other costs included acquisition of 595, dealer fee of 699 and tag costs (almost $1,500 in total). Negotiated price was around $43,600 (msrp 47,960). Walked out. I still feel they could've done better. Thoughts?
That dealer fee is pretty high - is this Florida?
How was the $1825 in trade credit being applied?
Make sure they are using the base MF on you; keep an eye on all parts of the deal.
Can't tell you if the negotiated price is good or not - not my forte.
Looking for feedback. 2015 MDX Tech AWD msrp 49,462. Sell offer 45,700. I'm looking for a 36 mo 15k located in Minneapolis, MN. What residual should I expect and MF?
.00055 MF and 57% residual.
Looking at the 2015 2wd tech with MSRP of 47,960 for 36/15k. Can you please confirm the MF and Residual value. thank you for your help.
MF stays the same at .0005, 36/15 residual for 2WD Tech is 57%
After negotiations, quoted payment was $528 including 6% tax on 36 mo/15k year lease with trade in credit of $1,825. Other costs included acquisition of 595, dealer fee of 699 and tag costs (almost $1,500 in total). Negotiated price was around $43,600 (msrp 47,960). Walked out. I still feel they could've done better. Thoughts?
That dealer fee is pretty high - is this Florida?
How was the $1825 in trade credit being applied?
Make sure they are using the base MF on you; keep an eye on all parts of the deal.
Can't tell you if the negotiated price is good or not - not my forte.
Thank you for your feedback. I'm in South Florida. On their computer workout sheet, the trade in was reflected as a cap reduction. I confirmed the MF and Residual. I used a online lease calculator and my numbers were of by 15 or so a month compared to theirs using the same figures. Don't know if I was doing something wrong.
Looking for feedback. 2015 MDX Tech AWD msrp 49,462. Sell offer 45,700. I'm looking for a 36 mo 15k located in Minneapolis, MN. What residual should I expect and MF?
.00055 MF and 57% residual.
Looking at the 2015 2wd tech with MSRP of 47,960 for 36/15k. Can you please confirm the MF and Residual value. thank you for your help.
MF stays the same at .0005, 36/15 residual for 2WD Tech is 57%
After negotiations, quoted payment was $528 including 6% tax on 36 mo/15k year lease with trade in credit of $1,825. Other costs included acquisition of 595, dealer fee of 699 and tag costs (almost $1,500 in total). Negotiated price was around $43,600 (msrp 47,960). Walked out. I still feel they could've done better. Thoughts?
That dealer fee is pretty high - is this Florida?
How was the $1825 in trade credit being applied?
Make sure they are using the base MF on you; keep an eye on all parts of the deal.
Can't tell you if the negotiated price is good or not - not my forte.
Thank you for your feedback. I'm in South Florida. On their computer workout sheet, the trade in was reflected as a cap reduction. I confirmed the MF and Residual. I used a online lease calculator and my numbers were of by 15 or so a month compared to theirs using the same figures. Don't know if I was doing something wrong.
We don't recommend using trade equity as a cap cost reduction - if the vehicle is stolen or totaled, you lose that money.
Could be a fee hidden in the paperwork that is causing the difference in payments - about $500 or so total if the delta is $15/mo.
Hi Everyone, I've been negotiating with a local dealer, and got the following as the best offer: -------------------------------------- 2015 AWD Tech, 36/10 lease: -------------------------------------- MSRP (excludes destination): $48,900 Negotiated price: $46,600
Due at signing: -------------------------------------- Down Payment: $5000 Sales Tax: 8.875% (NYC): $1790 DMV fees: $300 Acquisition: $595 Dest. Charge: $920 Dealer Fees: $300 -------------------------------------------- Total Due at Signing (incl. first mo. payment): $9284 -------------------------------------------- Monthly Payments: $380/mo, 36 months, 10k miles a year.
All of the above is based on 60% residual, and 0.00055MF.
Can someone please check my math and give me a thumbs up on whether I should sign the lease?
Hi Everyone, I've been negotiating with a local dealer, and got the following as the best offer: -------------------------------------- 2015 AWD Tech, 36/10 lease: -------------------------------------- MSRP (excludes destination): $48,900 Negotiated price: $46,600
Due at signing: -------------------------------------- Down Payment: $5000 Sales Tax: 8.875% (NYC): $1790 DMV fees: $300 Acquisition: $595 Dest. Charge: $920 Dealer Fees: $300 -------------------------------------------- Total Due at Signing (incl. first mo. payment): $9284 -------------------------------------------- Monthly Payments: $380/mo, 36 months, 10k miles a year.
All of the above is based on 60% residual, and 0.00055MF.
Can someone please check my math and give me a thumbs up on whether I should sign the lease?
Many thanks!
We do not recommend making a down payment on a lease; if the car is stolen or totaled, you lose that money.
With your numbers, subtracting the down payment, I get a payment of $521.21. $5000 down / 36 months = $139/mo, so the net payment is $382.21/mo,or very close to your dealer quote.
Hi Michael, thank you for your response. I'll probably end-up putting at least $2500 down. Understood about the loss in case of theft. Willing to take that chance. Prefer monthly payments below $500/mo.
On a side note, are the residuals on 2016s MDX models any different for the same AWD-Tech trim? That being 60%? Thanks again.
Hi Michael, thank you for your response. I'll probably end-up putting at least $2500 down. Understood about the loss in case of theft. Willing to take that chance. Prefer monthly payments below $500/mo.
On a side note, are the residuals on 2016s MDX models any different for the same AWD-Tech trim? That being 60%? Thanks again.
Michaell, Thanks for the prompt response. Can I assume that residual for 2016 MDX AWD Tech for a 36/10 would be 62% then? With the same MF? You guys are awesome, thanks for all your efforts!
Michaell, Thanks for the prompt response. Can I assume that residual for 2016 MDX AWD Tech for a 36/10 would be 62% then? With the same MF? You guys are awesome, thanks for all your efforts!
Accura 2015 MDS SH AWD base Lease questions 36mon/10 K Net sale price: 47918 money factor: 0.0005 Buyout: 27867 Residual: 61 % Down payment: 0 down payment, (2000$ for taxes, fee and other charges.) Monthly payment: 490/month Is it a descent deal
Accura 2015 MDS SH AWD base Lease questions 36mon/10 K Net sale price: 47918 money factor: 0.0005 Buyout: 27867 Residual: 61 % Down payment: 0 down payment, (2000$ for taxes, fee and other charges.) Monthly payment: 490/month Is it a descent deal
I'm getting $552/mo with your numbers, so your quote of $490/mo looks pretty good by comparison.
I'm sorry, did the MF just jump from .0005 to .00167? I was under the impression that .0005 was good until the end of April for top-tier credit ratings. That's a jump from 1.2% interest rate to 3.84%, translating to a monthly payment increase of roughly $82/month in my case. I may have to look at other models, namely Buick Enclave which offer much better interest rates.
When negotiating the selling price does that include the acquisition fee? I remember my last lease I negotiated a selling price. They listed that under "agreed upon value of the vehicle". But under gross capitalized cost they listed the price agreed upon plus the acquisition fee. Is this because I wanted minimum drive off so they rolled it in?
When negotiating the selling price does that include the acquisition fee? I remember my last lease I negotiated a selling price. They listed that under "agreed upon value of the vehicle". But under gross capitalized cost they listed the price agreed upon plus the acquisition fee. Is this because I wanted minimum drive off so they rolled it in?
Any input on which selling price I'm negotiating?
Thanks!
The acquisition fee is always going to be additional to the selling price you negotiate. You can pay it upfront or roll it in.. they don't care, either way.
Comments
MSRP: $47960.00
Cap cost: $42150.00
Tag & Title: + $275
Dealer Fee: +$600
Adjusted Cap cost : $43025.00
Residual: $28776.00 (60%)
MF: 0.00055
0 due at signing. 35 payments of $448 + 6% tax.
Should I finalize this? Thank you
However, when I plug in your MSRP and Adjusted Cap Cost, I get a pre-tax payment of $435.30/mo
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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
What dealer did you get that price from in FL. I'm in S. FL
Lease Term: 36 months/10K miles
MSRP: $49,960
Net Cap Cost: $51653.50 (includes negative equity from current lease)
Residual: $29,976
Money Factor: .00055
Title & Registration Fees: $273.15
Acquisition Fee: $595
Cash Down: $1,639.40 (covers fees + first payment)
Cost: $711.75/month
When I run this myself using the Edmunds tool, I get about $685/month. Did I miss something, or does their calculation look right?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks Michaell, finally settled down for $425, Dealer gave me all weather mats and 3 free oil changes.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
That dealer fee is pretty high - is this Florida?
How was the $1825 in trade credit being applied?
Make sure they are using the base MF on you; keep an eye on all parts of the deal.
Can't tell you if the negotiated price is good or not - not my forte.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
We don't recommend using trade equity as a cap cost reduction - if the vehicle is stolen or totaled, you lose that money.
Could be a fee hidden in the paperwork that is causing the difference in payments - about $500 or so total if the delta is $15/mo.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks!
MDX AWD Tech 36/10 - 60% and .00055
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I've been negotiating with a local dealer, and got the following as the best offer:
--------------------------------------
2015 AWD Tech, 36/10 lease:
--------------------------------------
MSRP (excludes destination): $48,900
Negotiated price: $46,600
Due at signing:
--------------------------------------
Down Payment: $5000
Sales Tax: 8.875% (NYC): $1790
DMV fees: $300
Acquisition: $595
Dest. Charge: $920
Dealer Fees: $300
--------------------------------------------
Total Due at Signing (incl. first mo. payment): $9284
--------------------------------------------
Monthly Payments: $380/mo, 36 months, 10k miles a year.
All of the above is based on 60% residual, and 0.00055MF.
Can someone please check my math and give me a thumbs up on whether I should sign the lease?
Many thanks!
With your numbers, subtracting the down payment, I get a payment of $521.21. $5000 down / 36 months = $139/mo, so the net payment is $382.21/mo,or very close to your dealer quote.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
On a side note, are the residuals on 2016s MDX models any different for the same AWD-Tech trim? That being 60%? Thanks again.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Then, click on the silhouette of head/shoulders on upper right hand corner and choose, EDIT PROFILE.
Then, look for notification preferences on left hand side of page.
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Thanks for the prompt response. Can I assume that residual for 2016 MDX AWD Tech for a 36/10 would be 62% then? With the same MF?
You guys are awesome, thanks for all your efforts!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
595 - BankFee
735 - P-Fee/CapCost
1152.21 - tax
-------------------------------
12.50 - NYS Tire Recycle
75.00 - Dealer Processing Fee
10.00 - NYS Inspection
130.00 - NYS Transfer Registration Fee
The selling price before negotiation was 37,200.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36mon/10 K
Net sale price: 47918
money factor: 0.0005
Buyout: 27867
Residual: 61 %
Down payment: 0 down payment, (2000$ for taxes, fee and other charges.)
Monthly payment: 490/month
Is it a descent deal
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2015 - 60% and .00055. $500 lease cash.
2016 - 63% and .00170 (standard MF)
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Tx
36/10 AWD Tech + Ent residual = 59%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
For those that have purchased a 2016 AWD what has been the discount from MSRP on average?
I'm sorry, you were asking for the 2016 numbers?
I gave you 2015.
.00170 MF and 62% for 2016
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Any input on which selling price I'm negotiating?
Thanks!
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Also, with the 2016's already out, the values of the 2015's will naturally sink.
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