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Comments
$3000 down payment.
2016 Acura MDX AWD Tech+Ent
2016 MDX Advanced FWD (front wheel drive)
MSRP = $54,000
15k/36 months
Sale price = $46375
MF = 0.00100 (thats what it said on the disclosure- I thought it was 0.00110?)
Residual = 59%
Monthly payment = $630
Paid first months payment ($630) + transfer of tag ($180) up front
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Is this a fair deal?
MSRP = 54000
Residual = 59% (31,860)
Selling price = $49703
Acquisition fee = $595
Adjusted cap cost = 50,298
Base monthly rental = 594.34
Monthly tax = 35.66
Total monthly payment = $630.00
Initial fees = $880 (first month + tag)
What do you guys think of this deal? Too high?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Got better insight now-
Acura MDX 2016 TECH+ENT AWD 36mo/12K quote:
MSRP- $52,201
Selling Price: $47,766.79
Due on delivery : $3000 which covers- first mo payment+all taxes and fee
Due every month for 35 months is : $539
dealership confirmed -:- Residual=61% | MF: .00110 ,
Any better way to make it sweeter or just take it ?
Thank you. So what does this mean - would you say this is not a fair deal then? Any idea what the actual cap cost turned out to be? Any idea what I ended up paying in relation to invoice? Thank you so much!
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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
Misc fees = 52.71
Tag and Fee = 267.85
Dealer Fee/Electronic Registration fee = 811.95
Total amount due at signing = 1762.51
The dealership told me that they were going to "eat the cost" of $933.16 of the total due at signing. So my actual due at signing was only $829.35.
On the lease itself it says there is a dealership contribution of $933.16.
It also says I have 35 mo payment at $630 so that confirms that the $829 that I paid upfront included the first month payment, right?
Does this make sense or does it still seem like there are hidden fees?
What state is this? And the tax rate?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
This is Florida - tax rate is 6%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Any clue where they could be hiding the money? Shouldn't it say somewhere on the lease agreement? Can you suggest any area to look?
Thank you!
Lesson learned - just because a dealer is quoting a good sales price, doesn't mean your getting a good monthly lease payment!
Yes, you've got to review all the fees and other charges that could be added in behind the scenes. I do know Florida is home to the exorbitant dealer fee - $600, $700, $800. That can easily add $20-25/mo to the payment.
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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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2016 MDX Advance and Entertainment SH-AWD
MSRP: $58,000
Internet Price: $52,990 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $697 per month 36 months (miles not disclosed in email)
2016 MDX Tech with Entertainment and AcuraWatch + SH-AWD
MSRP: $53,410
Internet Price: $48,690 (Does not include $920 destination or $599 dealer process fee or tt&t)
Acura Luxury Lease $0 down $612 per month for 36 months (miles not disclosed in email)
The discount price seems pretty good, but when I use my lease calculator with July's MF and Residuals, I get a lot lower numbers. What I am missing besides the fact you still come out of pocket a ton $$$ for fees and taxes or add them in for a even crazier monthly payment.
I am sending a SOS to the leasing PROS!!
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I was so happy to see the reduced price (hard to get in my local area) I did not pay attention to the lacking information. I had been calculating the deals using 12K miles, 36 months, 61% percent residual and the .00100 MF for 0 down. With paying all the tt&t out of pocket their lease quote numbers still seemed super high.
If I can escape my Ally Lease (NEVER LEASE WITH ALLY!!!) I will get additional details on their quote.
All base models are .00141 MF and 63% residual for 36mo, 12K/yr.
All other models are .00110 MF and 61% residual for 36mo, 12K/yr
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2015 - 57%, but no MF information exists, so I'll assume .00170 (standard MF from Honda/Acura)
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
How much MF does a MSD buy down for Acura?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00141 MF and 70%/64% residual
No incentives.
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MSRP: 58,000 2016 MDX SH-AWD Advance and Entertainment
36 months 10K miles a year 670.00 a month
Gross Cap Cost: 59.483.62
Cap Cost Reduction: 3,045.71 ( I made first payment, paid taxes, fees, etc in cash)
Adjusted Cap Cost: 56,437.91
Residual Value: 35,960.00
Depreciation and Amortized Amount: 20,477.91
Rent Charge: 3,659.01
Total Base Payments: 2,4136.92
Lease Payments: 36
Base Monthly Payment: 670.47
Agreed upon value: 55,910.00
Sales Tax: 2,316.87
Title and Registration: 52.75
Dealer Process Fee: 599.00
Acquisition Fee: 595.00
Online Fee: 10.00
Total Gross Cap Cost: 59483.62
After you guys stop laughing, how did I do? I did get a tire/wheel protection thrown in there (payment was 667.47, before tire/wheel protection) So it added 3 bucks to the payment.
No laughing here; think of it as a 3 year learning experience.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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I believe the price they charged $55,910 was $3,000 higher than the internet price ($52,990) email (I posted earlier). I have a brain injury, I know I should have taken someone with me to the dealership.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MDX fwd with advance package, with price from via costco in riverside, ca got a discounted price of $48787, not including destination
lease of 3yr/30k,
residual of 62%
mf 00110,
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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