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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Could you please provide MF and residual for a 2015 Rogue SL FWD for 36 months and 12K miles in southern California?
We received the following quote for an SL:
MSRP: $31,500
Internet price: $29,392
drive-offs: $814.61
no rebates available
$399.46 w/ tax per month for 36 months, 12k miles
Dealer says residual is 58% and MF is .00092 (which looks high compared to March).
Grateful for your thoughts.
Thanks!
Ask the dealer what the net cap cost is; if higher than the internet price, find out why
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
When I calculate with 58% and .00092 and add in tax and fees with 0$ down I get around $400 for 12,000/36 which is what the dealer is quoting. They want to buy out the last 4 month of my Chrysler lease, should I have any concerns with this?
Thanks.
Are they taking your car in trade? Or, just cutting you a check for the last four months? If it's the latter, you may have to worry about end of lease charges, etc...
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In pa msrp is $33.465.00 2000 down 12k a year they quoted me $353.00 month for 36 months
Is this a good deal I hope so love the car....
We would need to know the selling price and the breakdown of the $2000 up front in order to comment on your quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
which is roughly $0= $411, $1000=$383 and $2000=$353
hope this helps a little more and thank you so much for the reply
However, with what you've provided, I calculate a $0 down, pre-tax payment of $424.09/mo for 36 months. Every $1000 down would reduce the payment by about $28/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could I please get some assistance on gathering some information on leasing a 2015 Rogue SL AWD. 3 year lease, 15K miles per year.
MRSP: $30,850
Invoice offered through dealer: $25,789
Tax Rate: 7% (New Jersey)
Down payment: $2,000
Tier 1 pricing eligible
I am having trouble finding out the residual value and money rate for the vehicle and want to make an educated decision on whether the lease price is viable for me or not. I used cars.com and the residual listed seemed extremely low and money rate seemed extremely high low ($16.525 and .002992).
The dealerships have not been overly forthcoming with the residual rate and were even more hesitant to provide the money rate. Additionally the dealers have been stating that additional fees (tax, title, *fees) were another $1,650.
Any information provided would be greatly appreciated whether it be the residual amount and money factor, or a ballpark monthly lease price.
Thank you so much for your assistance.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
One dealer is quoting me
- selling price of $26,704.
- 36 months / 12k miles
- 0 down payment
- $299 document fees
- $254 dealer accessory (security guard theft deterrent)
- $359 per month
Does this sound about right? I get lower payments when I run it with Edmunds.com Lease Calculator.
Ask the dealer what the net cap cost is - if it's different than the selling price (and I suspect it will be), have them explain the math.
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The car I found has invoice $31,540 ( including destination fee and $305 marketing assessment - I don't know if I have to pay it?) and MSRP $33,210 including destination fee). RV is 57% and MF 0.00092. Dealer gave me deal
about $320 down ( doc fee plus plate $257 and $65 sale taxes for $1025 rebate for lease) and $379.27 / 36 payments including 6% Mi sale taxes. Everything comes total to $13700 including 6% sale taxes for 45000 miles / 3 years. Is it good deal or it it is too much with my discount? I wanted to pay in advance all elase but dealer doesn't give any disount. IS it any way to save money if I will pay it in advance or put more money as downpayment?
Using the $33,210 MSRP and $30,540 cap cost (invoice - $1000 + $305), I get a pre-tax payment of $368.02/mo; after 6% tax, the payment goes to $390.10/mo.
I am not aware of any MF discount for a one-pay lease from Nissan.
We do not recommend making a down payment on a lease; if the car is stolen or totaled, you lose that money.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
My calculation for monthly payment is coming in lower:
MSRP-$24380
Savings- $1232
Selling price- $23148
Rebate- $1025
Dealer addon option- $540
Subtotal- $22663
Dealer fees- $281
Taxes- $833.68
net sales price- $23777.68
Residual- 58% (14140.40), MF- .00092
Down payment- $1000
36months/12k miles
Monthly payment- $298.32
MSRP: $32,875
Selling Price: $30,000
Term: 36 month / 12K
RV: 58%
MF: 0.00092
Rebate: $2,125
Cash Cap Reduction: $1,041.05
Total Cap Reduction: $3,165.05
Capped Fees: $595
Total Taxes (7.725%) : $737.26
Adjusted Cap Cost: $28,166
Lic/Reg Upfront: $334
Upfront Fee : $98.75
Amount Due at start: $3,895
Cash Collected: $1,770
Working Cash: $3,895
Base Monthly Payment: $296.20
Total Monthly Payment: $296.20
I have hard time to understand what is this Cash Cap Reduction: $1,041.05. Sounds like drive off of $1,770 include all the fees and taxes. What are those fees that I have never heard about ?
$296 1st payment
$334 Lic/Reg fee (government fee to register the car)
$98.75 fee (you'll have to ask them what it's for)
$1041 CAP reduction (down payment).
Your $1770 does NOT consist of:
$595 Capped fees (acquisition fee.. this goes to the bank)
$737 tax
Those were added into the CAP cost.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We don't have incentive information for Nissan
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2015 Nissan Rougue SV
w/ AWD family package and SV premium package (nissan website has for $29,225 with destination and handling included)
The dealership is giving me the following:
Selling Price: $29,625.00
Discount: $2,125.00
Selling Price: $27,500
Residual %: 57%
Residual value: $16,887.25
Money factor: 0.00066
Maryland Tax: 6%
Admin Fees: $300.00
Tag/License Fees: $279.00
Lease options: All are for 15k miles/yr
-> 36 months w/ 500 down = $403.00
-> 36 months w/ 1K down = $368.00
-> 36 months w/ 2K down = $359.00
----------------break---------------
I hope I am right, but I did my own calculations with the numbers above and got the following:
36 months & 15k miles/yr
$0 down
Monthly $324.29 + (19.45 for tax) = $343.75
This did not take into account the $300 for admin fees & $279.00 tags/license fees, which I could give down.
My questions is why is it more on their part and am I missing something?
Thank you for all and any help. I am new at this and if I missed anything please let me know.
Thanks,
In Maryland, sales tax is computed against the entire selling price and added to it; this would raise the net cap cost to $29,150. This works out to a payment of $362/mo. The inflated MF is adding about $10/mo to your payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The 36/15 lease numbers for the Rogue SV AWD are 57% and .00046. Your dealer is marking up the MF on you for a bit of extra profit.
In Maryland, sales tax is computed against the entire selling price and added to it; this would raise the net cap cost to $29,150. This works out to a payment of $362/mo. The inflated MF is adding about $10/mo to your payment.
Michaell,
Thanks for the quick response.
So the $362 that you mention is that with any down payment?
Also, do you think I can get a better deal if I take these number to another dealer?
Thanks,
In Maryland, sales tax is computed against the entire selling price and added to it; this would raise the net cap cost to $29,150. This works out to a payment of $362/mo. The inflated MF is adding about $10/mo to your payment.
Michaell,
Thanks for the quick response.
So the $362 that you mention is that with any down payment?
Also, do you think I can get a better deal if I take these number to another dealer?
Thanks,
My calculations never include a down payment. Note that this is different that money due at signing for fees, taxes, etc.
Getting more than one dealer involved will certainly help you get a better deal - the competition will force them to reduce their price to get your business.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks for the quick response.
So the $362 that you mention is that with any down payment?
Also, do you think I can get a better deal if I take these number to another dealer?
Thanks,
My calculations never include a down payment. Note that this is different that money due at signing for fees, taxes, etc.
Getting more than one dealer involved will certainly help you get a better deal - the competition will force them to reduce their price to get your business.
In your opinion what would be a good monthly payment for this car with 36/15 lease and no downpayment, to include taxes? This is what I will shoot for when go to the other dealer tomorrow.
I can pay for the fees and tag/licence there which is $579.
Thank you so much!
Getting more than one dealer involved will certainly help you get a better deal - the competition will force them to reduce their price to get your business.
In your opinion what would be a good monthly payment for this car with 36/15 lease and no downpayment, to include taxes? This is what I will shoot for when go to the other dealer tomorrow.
I can pay for the fees and tag/licence there which is $579.
Thank you so much!
I wouldn't negotiate the payment - negotiate the selling price, and a good payment will follow.
Use the pricing tools at the top of the page - make / model / year - to help you with that.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I can pay for the fees and tag/licence there which is $579.
Thank you so much!
I wouldn't negotiate the payment - negotiate the selling price, and a good payment will follow.
Use the pricing tools at the top of the page - make / model / year - to help you with that.
Can they modify the selling price/MSRP of the vehicle or can they only provide discounts and rebates? Edmunds says Invoice is 27,175 and true car says the average is 27,925. The dealer is giving me (Selling price of 29,625 - discount 2,125) = $27,500.
Do you think I can go lower than that?
Target invoice or a few hundred above before applying the incentives.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Use the pricing tools at the top of the page - make / model / year - to help you with that.
Can they modify the selling price/MSRP of the vehicle or can they only provide discounts and rebates? Edmunds says Invoice is 27,175 and true car says the average is 27,925. The dealer is giving me (Selling price of 29,625 - discount 2,125) = $27,500.
Do you think I can go lower than that?
Target invoice or a few hundred above before applying the incentives.
Thank you for all the advice. I got the lease for the 2015 Rougue SV AWD w/ family package and nav package for 345 a month with 0 down...I have to pay the first month. I think I did good, thanks to your help. Awesome and you made me smarter!
Congratulations - enjoy the new Rogue. They are sharp looking CUVs.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'm a long time reader and first time commenter. I have leased about 10 different cars using the info provided on these forums over the years so thank you for the great information always provided.
My question is can you tell me the mf and residual for a 24mth 15K mile lease and a 24mth 18k mile lease on a 2015 4x4 Rogue SV "and" a 2015 4x4 Rogue SL in the state of NY & FL. If you know of any July incentives available for the 2 states that would be great also.
I will also ask a similar question in the Jeep Cherokee lease board using the same terms for a 4x4 Cherokee Limited as I am comparing which car to lease. Thanx!
Not sure how Nissan handles over 15K/yr. Most likely it's $0.10-$0.20 per mile reduction in the residual. (so, 64% minus $600-$1200).
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