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Thanks for the trade in tip. This is Chicago area. This is actually a 2015 MB350+ Premium package 1+ Heated Steering+ lighting package+keyless go added. I also looked at a ML250 Blutec which is priced at 56500. Is MF same for 250 as well?
How do I convince the dealer to give me base MF? any tips?
Tell the dealer - politely but firmly - that you won't sign a deal with an inflated MF. They know what it is - no need to negotiate.
IL taxes the monthly payment, so I'm not sure I understand the line item with the full tax amount. Confirm with the dealer about that as well.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
400 - std MF (.0018 - .0022) and 55%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
400 - std MF (.0018 - .0022) and 55%
Thank you. Can you also provide for 250? Thanks so much
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
My understanding is that the main difference between a ML250 and ML350 is the engine. All other are the same or very similar. Correct?
Thanks!
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Vehicle MSRP = 62,205
Selling price = 56,117 (9.8% reduction)
MF = .00099
Residual 55%
Rolling sales tax of 4% into monthly lease payment
Dealer quoted me $814 per month. Using my spreadsheet I get a payment of $757. Am I doing something wrong?
Thanks.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks.
I get $726/mo with those numbers. Confirm the net cap cost - I suspect it's different than the selling price. If so, find out why.
They are adding the 4.1% sales tax on the selling price (4.1% * 56,117) into the cap cost along with $1095 acquisition fee. If I do it that way, the monthly fee comes out to around $810. Is that the proper way to deal with sales tax or should it be calculated on the monthly lease payment? If I calculate the sales tax on the monthly lease payment, the total is much lower ($726 vs $810).
Thanks for the help.
They are adding the 4.1% sales tax on the selling price (4.1% * 56,117) into the cap cost along with $1095 acquisition fee. If I do it that way, the monthly fee comes out to around $810. Is that the proper way to deal with sales tax or should it be calculated on the monthly lease payment? If I calculate the sales tax on the monthly lease payment, the total is much lower ($726 vs $810).
Thanks for the help.
It depends on which state you live in.
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Also, the $1095 acquisition fee is marked up from the base $795.
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Msrp: 60,645, Selling price: 47,800
30mo/15k
MF .00089
Residual .58
Due at signing: 2,395 (includes tax, title, 1st payment, etc.)
Monthly payment: $494
Is this a good deal? Never leased a used vehicle before. Advice appreciated.
$13,000 off sticker is an amazing discount for a demo vehicle.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Doc fee: 75.00
Acquisition Fee: 495.00
After markets: 850.00
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2015 ML 250 Bluetec + Premium Package+ Keyless Go + 19 in 5 Spoke Alloy + Trailer Hitch
MSRP $56900
Sale price - $49,600 (Includes $4k rebate)
I have two options
1) Lease - With a Trade in value of $7500, MF: 0.00213, Residual :58% - Monthly= $505 incl taxes
2) Outright purchase , I have $7500 trade in value + $7500 Down payment + 1.99 APR on 60 months.
Can you please let me know which is the best option. I know using trade in value in lease is a bad thing but keeping aside that, IS lease a better option or buying a better option?
thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
So I guess I am going to make this purchase.
What do you think of sale price? Is it a decent price or Can I negotiate further down. The car as about 200 miles in it, Still new , I think those were the result of all the test drives..
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Does it change if you get the 2015 ML350 AWD vehicle?
MSRP = $57,090
Selling price = $50,500
Cap cost = $52,267
Residual = $31,405.25
Money factor = .00135
$726.15 due at delivery
$725.15 monthly payment
Includes tax, license, acquisition and doc
I'm just learning about the info behind a lease so I'm still a bit confused. I see the MF is off.
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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
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I just signed my 36 month lease 2 weeks ago on a 2015 ML350 AWD 4MATIC with MSRP of $61,115. Above are the details from my contract, which includes 3 years free maintenance. I did, however, sign up for low mileage of 7,500 per year and walk out fee was $7k, including $5,500 down + $1,500 for first month payment, tax, license, etc. My monthly payment, including tax will be $531.66; MF is .000864 and residual 56% = $35,476. I live in California and sales tax is 9.5% for my location. I understand you should minimize putting down payment, but I have a monthly target budget that I was shooting for and considered the down to achieve that target. If I put zero down, this deal translates to $684/month including tax.
This was my first time doing a lease and I did tons of research and negotiated with numerous dealerships until I got the best rate. I am hoping I got a good deal. My friend, who has done leases in the past said I did pretty good. I am loving my ML! I hope this helps.
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300d: Standard MF and 60% residual
GLE450 coupe numbers aren't as good, but not a lot worse than the 350... The higher sticker price is where most of the extra money will come in.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
This will be my first time leasing. Learned a great deal read through this thread but still want to check in with you experts to make sure I got a good quote. Below is what I was quoted:
2015 ML350 4matic
MSRP Window Sticker Price $62,715
Your Discounted Selling Price $54,584
36 month lease
10,000 miles per year (56% residual)
$795 acq fwe
0.00099 buy rate money factor
0.00099 sell rate money factor for your deal (no mark up to structure the
lowest lease possible)
$1,283.71 minimum drive-offs (includes your first month's payment, tax,
license, dmv reg. fees, etc.)
$704.56 total monthly payment including tax (using OC tax rate)
Still working on lowering the selling price to lower my monthly payment. Thanks in advance!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Ask the dealer for the net cap cost; I'm sure it's higher than the selling price you've been quoted. Ask them to explain why that is.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
If you have time, can you give me the breakdown on the lease number you came up with. Thank you.
http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
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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