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2014 Jeep Grand Cherokee Lease Questions
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I have a quote here. It seems high to me. I'm in New York.
2015 Jeep Grand Cherokee Limited 4X4 with sunroof
10k miles
MSRP 42,030
selling price 37,500 roughly
residual 57%
interest is 2.75% (but they didn't run my credit yet)
I'm getting quoted $531/month with taxes i believe
Meanwhile my BMW coupe was 42000 selling price and I paid 550/month
thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
They actually called me back with a 495$/month deal with tax
.00017 and 53%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00017 MF and 56% residual
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I need some info on the following please.
2015 grand cherokee limited 4x4 with lux 2
44,340 msrp
36/12k lease
looking for mf and residual so I can figure out the rest for my deal.
.00012 MF and 56% residual
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36 month
15k miles
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Take two - standard MF (around .00200 or so) and 43%
You're better off with a 2015 ....
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
On a Lease Quote I received the interest is quoted as below
TermI 36 Ratek 0.00056
What the person told me is this relates to just 3 times interest. i.e. 1.68%.
But based on the Monthly numbers I received the interest comes much higher. Can someone help me how this "Ratek 0.00056" translates to interest or APR?
Thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Then looks like there are some other fees rolled into which I am not able to understand. Sale Price 35254, MSRP 38655. In CA.
5K Down. Residual 55% (21260.35). Monthly Base 327.22, Monthly Tax 26.18, Monthly Payment 353.46.
Out of about 14000 cost for 3 years I am already making 5000 down. So the rest amount financed is only 9000. But the total payments (base without tax) comes to 35 * 327.22 = 11452.7. Could you please help me what else could be included in this. The difference is approximately 2450. Interest amount for 3 years at 1.344% should come only close to $300.
And yes, there may be other fees being added to the cost - ask the dealer what the "net cap cost" is and, if it is different than the sale price, ask the dealer what has been added.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
So in lease interest even if we put money down that will not reduce the interest? Since "Lease interest is the money factor multiplied by the sum of the cap cost and the residual factor, charged monthly". I understand from this forum help now that it is not good to put money down for lease because of the risk.
If you could clarify on if the money down will not have any effect on interest. Thanks.
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I am looking to lease a 2015 GC limited 4x4 with luxury II package in WI.
Actual Price : $45255
Sale Price : $40000
What would be the monthly lease payment with $0 down for 12k/36 or 39 months?
.00012 MF and 56% for 36mo, 12K/yr
$415.mo.+tax.
Due at signing: 1st payment, acquisition fee, title/license/doc fees
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I'm new to leasing a car and trying to do my due diligence.
I wanted to know if I can use this quote to negotiate a lease. I am guessing yes but do know it's for a purchase.
I am looking for a 36 month 12k/month lease $0 down
MSRP: $44,160
Truecar price with admin and doc fees: $39,420
NJ tax is 7%
- what should I expect my monthly lease price be
- is Truecar useful ?
- can I use a quote off Truecar to negotiate this
- when going in the dealer with the Truecar quote should i negotiate more as a purchase first and then say I want to lease
Thank you for all the help and hopefully I am not asking questions too dumb.
With your MSRP and selling price, I get a pre-tax payment of $384.37.
Can't help you with any of the Truecar based questions, but when leasing you want to negotiate the best price possible as if you were purchasing.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
And the .00012 # is the interest according to Chrysler financial so I should make sure they are using them to compare apples to apples.
And
The residual of 56% is Standard across the board or can that number differ based on if Chrysler financial is used or other some circumstances ?
teying to understand the whole process. Thanks!
The residual is set by the bank and cannot be modified by the dealer. Different banks, however, have different numbers.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4