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Hi kyfdx,
I see you're on this forum too .... Awesome !!
qq on the ML350, would you have the residuals for a 36 and 48 mth lease for 10k miles.
to reconfirm, the base MF sounds like it is 0.00111, correct ?
Atti
56% or 42% and .00111
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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
Have used the pricing tools but they just tell me the Edmunds Tru Value of the car.
I would like to know if there are any Manufacturer discounts on the ML 350 for March 2015 ? Plus, any dealer incentives that anyone has received ? This will help me figure out how much margin I have to negotiate with the dealer, i.e., How much they would be willing to knock off the price ?
Thoughts anyone ?
Thanks
Use the "Car Research" tab to link to any customer incentives that are available.
No dealer incentives that I'm aware of.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Model: 2015 ML 350 4Matic
Ppd. maint. opt.: No
Term: 36 months
Mileage: 12,000/yr
MSRP: $62,130
Negotiated Price: $55,500 (~11% off MSRP)
Resid. Value: $34,171 (55%)
MF: 0.00111
Down Pmt.: $2,000
Use tax: $57.47/mo (CA 9.0%)
Up-Front Dealer Profit (a/k/a Acq.Fee): $1095 (higher than the $795 min)
Adj. Cap Cost: $53,651.90
Mo. Pmt. (w/o tax): $638.60
Mo. Pmt. (with tax): $696.07
"Driveoff": $4500
By the way - I'm working off of a dealer screenshot, so it is a little confusing to me what the $4500 is. I believe it's $2500 cash (for the first month's payment, title, registration, dealer doc profit fees, etc.) plus the $2000 down pmt (cap cost red.), but am not 100% sure about that.
There is a trade-in involved, and the dealer is offering the higher end of wholesale for that car, which I'm comfortable with. I will net $2500 in equity from that deal after paying off the note which will be used to reduce the capitalized cost.
Thanks.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
That said, I am taking the remaining slivers of equity out of my existing car, because I consider that money down the drain anyway. That's my own way of looking at it, but I realize there can be differing opinions there. But, bottom line is I really want to keep my payment under $700 for cash flow purposes, and here's an easy enough way to do it.
The real question I should be asking is why does it cost the same to lease a $62k ML as it does a $70k 535i? But, that's for another day. And since my last 4 cars were BMWs, I'm willing to get a little less for my money this time just to make the switch to Mercedes...even though their lease deals kind of suck.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
location: New York
term: lease 36/10
msrp: $59795
sell price: $55900
mf: 0.00111
Rv: 56%
monthly payment: $708 exclude tax , $803 if roll in everything and just pay the 1st month installment.
Thank you in advance
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP $59,185
53% Residual, $31,518.
36 Months/ 15,000 miles
Negotiated price: $54,518.
Cap cost with tax: $55,879.
Money Factor: .00101 with autopay
Monthly payment: $769.
Due at signing: $3000= 769 + 430 (fees and ins)+134(upfront taxes) +1,666. (Cap reduction cash)
Cash down tax 121. Tire tax 12.50. Upfront tax 1,932. capped. Doc 75. Reg 300. Gas surcharge 45. Insp 10.
New Jersey delivery from NY.
Your forum is great! Double checking my math. This SUV with color and options must be ordered for delivery in May or June. Don't need it until September, so I have time to spare but don't want to miss out on color option if I wait too long. How does this deal sound? Comments?
Thank you!
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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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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I would like to know what are the current promotions for 2015 ML350 4Matic. Are there are coupons? like spring cash etc? MSRP of car is 56,500 what is a good selling price?
I'm looking to lease 15,000 / Miles for 3 years with Maintenance included for 40k miles. I'm looking to purchase and register vehicle in PA. What is MF and Residual for month of April'15?
Thanks a lot.
Use the "car research" tab at the top of the page to link to current incentives.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No 27 month specials on the ML.
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Thanks for your help.
.00111 MF and 55%/57% residual
Base acquisition fee is $795. Dealers may mark it up to $1095 (only the markup is negotiable).
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Yes, I was referring to the ML350 - forgot to mention that vital piece of information!
ML350 4matic
MSRP 58220
negotiated price 54946
sales tax 5384.71
registration 400
docment fee 150
total balance due 60880.721
36 mo lease 12000 miles with 1500 due (first month and registration fees)
monthly comes out to be 887 a month
thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I get roughly $830/mo with those calculations (assuming 9.8% sales tax).
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
so 830 a month includes tax already right?
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2015 ML350 AWD
$52,700 (sticker: $54,700)
36 mo lease/15K miles per year
36 mos: $887/mo; 55% residual
42 mos: $877/mo: 47% residual
Out of pocket = first payment + $254 title
I appreciate your thoughts on this and if I am getting the "right" quote.
Thanks.
If I add 6.25% tax and $795 acquisition fee to the selling price.. for a CAP cost of $56,838, I get $840/mo. (with 55% residual)
Frankly, $2000 off MSRP doesn't seem like much of a discount... and, of course, no way of knowing what money factor they are actually using. Even the advertised deals assume a $2200 discount.. I would think you could do a lot better than this.
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MSRP - $55,700
Offer @ 52,700
What does "CAP" mean?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP: $60,525
Negotiated Price: $55,525
Sales Tax: 6.25% = 3470.31
Registration etc: + $55,525+ sales Tax= $59,438.72
MI= .00148 Residual= 55%
With 2K down, 12K miles/year 36 months lease payments are S859.18
Please let me know if it is a good deal?
Don't know how your $2K upfront is broken down, but the base acq.fee is $795. They have likely marked that up, as well.
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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
I have been quoted the following
Vehicle price = 58045
Selling price = 53500
Trade in = 7500
Cost = 46000
Tax 3990
MF = .0144
Residual 55%
Monthly 593 with trade in or 447 with 5K down+trade in
Is this a good deal?
Base MF for the ML350 is .00099, so the dealer is marking that up on you.
We absolutely do not recommend using trade equity or down payment to lower your payment .. if the vehicle is stolen or totaled during the lease, you lose that money.
Is this Texas, Georgia or Maryland? Those are the only states I know of that tax the entire selling price and make you pay it up front (or add it into the cap cost).
Using the base MF and a net cap cost of $57,490, I get a payment of $799/mo. You might be able to shave more off the selling price.
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