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Comments
I'd like to see you press them fees more and if you haven't already then I recommend introducing competition into the process by getting a quote from other dealers. Whenever I shop leases I request a few quotes and also pin manufacturers against one another. For example, negotiate online with Honda dealers over email but also express interest in a competing Toyota model.
I have been shopping for the past two weeks very hard...The best monthly came to $447 a month. I threw out the interest in the Sienna which is a crazy deal right now came up to be $357 a month for the same price vehicle and 24months.
How were they able to bring my monthly down but still have the price high? In the long run will this effect me? Is this considered a good deal but not great?
Just to be sure, the deal I am running is 36 months @ 12K miles/year. Is that what you did? Does the Sienna have comparable options/features for $357 and what is the Sienna for 36 months?
The Sienna does have same comparable options + more. Residual set at 73% which I thought was crazy high.
Would a dealer come down on the price of the vehicle instead of dealer fees? Is there something that is strategic about a dealership doing that?
I read that Honda Finance has an Acquisition fee of $595. But dealer has a doc fee of $599 which is advertised on there website.
What do you think the deal should look like and how much savings?
Thanks!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What is the rent charge of $683?
Rent charge is the interest due for the money you are borrowing for the lease.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2015 Odyssey EX-L w/Rear Entertainment
36 months / 10,000 and 12,000
Virginia 23114
Thanks
In most parts of the country, Honda does not offer a 10K/yr mileage allowance.
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On July 8, kyfdx posted that the EX-L residual was at 56%. Does the DVD drop the residual that much?
Yes, add 1% to the 12K residual for 10K miles, if available.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
This is leasing dealer in Brooklyn NY. We are planning to lease Odyssey EXL. Spoke with guy on the phone.
$ 329 with $ 0 down for 36 months/10K per year plus tax, bank fee $595, doc and dmv fees $ 239.
Its that a good deal???
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Now looking for 12K or 15K lease for an Odyssey EX. Money factor and residual for August please.... Thanks!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Also - regarding the $1000 lease cash: is there any alternative incentive if you pay in cash or is it a true net incentive for lease?
The lease cash is a factory to dealer incentive; the dealer can choose to pass it along to the customer as a cap cost decrease or to offset the up front costs of the lease (bank fee, dealer fee, etc.).
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I am trying to determine if the negotiated price for lease should really be $1000 chaper than paying cash.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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What state and tax rate is this?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Adding $1200 in fees to the selling price, I get $362/mo.+tax, which is pretty close to your quote.
Looks like a good deal.
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EX - $1000 lease cash
EX-L - $1500 lease cash
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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
Finally went through on the lease for 2015 Honda Odyssey EX-l W/RES
After all said and done..No Money out of pocket, Zero Down and including first payment...$400 a month for 36/12m. I was pretty happy with that.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$1000 lease cash on EX
$1500 lease cash on EX-L
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36/12
MSRP 36655
Selling price 30184
Due at signing $800(cash) + 1314 (trade) = 2114 (Includes all the fees)
Adjusted Cap cost 30184
35 Monthly payments of $310.
Good deal?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Hope these info will help others.
Thanks for your help.
.00044 MF and 54% residual for 36mo, 15K/yr.
$1000 lease cash on EX
$1500 lease cash on EX-L
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MSRP $42,910.00
Price 39,096.53
$0 down - No trade
3yr 15K lease $590/month
$528/mo.+tax, if the CAP cost is the same as the selling price.
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We do not recommend using trade equity as a down payment on a lease - if the van is stolen or totaled, you lose that money.
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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
The last post I saw that had this info was from July for the 2015 LX and it was .00044, 56% and 1k lease cash. Wasn't sure if that has changed or not.
Also is that lease cash a rebate/incentive? In other words, should I negotiate a price first and THEN ask for the $1000? (sometimes dealerships like to add incentives and act like they are giving you a better price than they really are)
LX, EX and EX-L all have the same residual - 56% for 36/12.
$1000 lease cash on LX and EX; $1500 on EX-L
Yes, negotiate your best price then deduct the lease cash.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4