Did the RS change for 36/10k from September to October? Was't it 58% for 10k and 57% for 12k?
And is the "Supplemental Titling Fee" is a valid fee in NJ?
I can see they did markup $200/- on my lease on bank fees ($925 vs $725), the X5 is still in production so I didn't sign the lease yet. Only paid a deposit of $1000. I will be signing it some where this month. Should I try to talk to them about October deals & bank fee or is it too late now?
Did the RS change for 36/10k from September to October? Was't it 58% for 10k and 57% for 12k?
And is the "Supplemental Titling Fee" is a valid fee in NJ?
I can see they did markup $200/- on my lease on bank fees ($925 vs $725), the X5 is still in production so I didn't sign the lease yet. Only paid a deposit of $1000. I will be signing it some where this month. Should I try to talk to them about October deals & bank fee or is it too late now?
2016 X5 is 57% for 36/12 and 58% for 36/10. X6 numbers are different, depending on engine and RWD vs. AWD.
Looks like the "Lease Price" (The capitalized cost as stated in the agreement between a lessor and a lessee.) has to be over $45,000 for them to charge for the Supplemental Titling Fee. Am I reading this right? And my cap cost is way below that.
Looks like the "Lease Price" (The capitalized cost as stated in the agreement between a lessor and a lessee.) has to be over $45,000 for them to charge for the Supplemental Titling Fee. Am I reading this right? And my cap cost is way below that.
Do you have new MF and residual numbers for the 2016 X6 x35i? I'm looking at 36 months/12K miles. And do you know if there's a new incentive program to replace the $1500 option credit? Thanks!
Do you have new MF and residual numbers for the 2016 X6 x35i? I'm looking at 36 months/12K miles. And do you know if there's a new incentive program to replace the $1500 option credit? Thanks!
thanks very much - so to be clear, you're saying that there are now $3,000 in manufacturer incentives? I'm negotiating with a dealer right now and am looking at the following:
I'm asking for buy-rate financing, and offering $750 over invoice (we'll see...). After whatever negotiated price is agreed, the dealer should then subtract $3,000 off the net cap cost, correct?
Also, I'm doing a special order. On my last lease (2013 X5) I got very close to the above deal. The dealer is now telling me that special orders come in with a higher invoice (same story I'm hearing from the MB dealer on a GLE coupe). Can you see any scenario where that's true? Seems like a dubious claim to me.
thanks very much - so to be clear, you're saying that there are now $3,000 in manufacturer incentives? I'm negotiating with a dealer right now and am looking at the following:
I'm asking for buy-rate financing, and offering $750 over invoice (we'll see...). After whatever negotiated price is agreed, the dealer should then subtract $3,000 off the net cap cost, correct?
Also, I'm doing a special order. On my last lease (2013 X5) I got very close to the above deal. The dealer is now telling me that special orders come in with a higher invoice (same story I'm hearing from the MB dealer on a GLE coupe). Can you see any scenario where that's true? Seems like a dubious claim to me.
Yep, get your best deal, then subtract the incentives.
I'm not aware of special ordered vehicles having a different price structure that those cars already on the lot.
What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?
.00131 and 58% / 59%. $1500 option credit and $1500 loyalty credit.
So there is $3000 incentive for the 16? Wow, seems like better deal than the 15
Half of that applies only if you already have a BMW (loyalty credit).
And, you're likely to get a bigger discount from sticker on the 2015's .. dealers want to move them off the lots.
That's true. I got a really got deal from the first dealer I talked to. Almost 17% but they marked up the MF so I was pissed and wanted to get the car with the color I want better. But it is the 16 and I'm sure I will not get as much as 17%
I have not only 1 but 2 BMWs. 1 is the lease car and other one I bought last year. Will I get $3000 for loyalty credit?
What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?
.00131 and 58% / 59%. $1500 option credit and $1500 loyalty credit.
So there is $3000 incentive for the 16? Wow, seems like better deal than the 15
Half of that applies only if you already have a BMW (loyalty credit).
And, you're likely to get a bigger discount from sticker on the 2015's .. dealers want to move them off the lots.
That's true. I got a really got deal from the first dealer I talked to. Almost 17% but they marked up the MF so I was pissed and wanted to get the car with the color I want better. But it is the 16 and I'm sure I will not get as much as 17%
I have not only 1 but 2 BMWs. 1 is the lease car and other one I bought last year. Will I get $3000 for loyalty credit?
No, only $1500 for loyalty regardless of how many BMW's are in the household.
2016 X6 AWD 4 DR xDrive35 first month payment, 925 acquisition fee and $4200.00 in 7 security deposits. NJ Tax, title, license, registration and dealer fees are additional fees due at signing
MSRP $70,795 Discount: $11,800 (not sure if manufacture incentives are included) Cap reduction: $0 Residual for 36/12K: $41,061.10 Money Factor is .00083
Based on the info, what is monthly payment ballpark and what should I be asking?
2016 X6 AWD 4 DR xDrive35 first month payment, 925 acquisition fee and $4200.00 in 7 security deposits. NJ Tax, title, license, registration and dealer fees are additional fees due at signing
MSRP $70,795 Discount: $11,800 (not sure if manufacture incentives are included) Cap reduction: $0 Residual for 36/12K: $41,061.10 Money Factor is .00083
Based on the info, what is monthly payment ballpark and what should I be asking?
If $58,995 is the cap cost, then I get a payment of $581/mo with those numbers.
OK, so, for the DOWN PAYMENT, I'm going to do the money factor lease. If I have already have a set number in mind that I want to deposit, which far exceeds what the monthly payment will be (like around 25k-30k), can I split that up in 7 MSD payments? Is there a monetary cap of how much I can place down? Can I just place down that much and they can treat that as a MSD? Or do they just mean that up to the first 7 payments there's cap of how many rate reductions you can receive, and any deposit after that they can treat as a MSD but won't offer any benefits like MF reduction?
Is there a limit to the size of money limit on each MSD? If not, then is this plausible?
Comments
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I have the following figures on a 2016 BMW X5.
MSRP $61,895/-
Selling Price $57,200/-
Residual 58%
MF 0.00130
Term 36 months & 10k Miles per year
Sales Tax 7%
Reg Fee $304.50
Bank Fee $925.00
DOC Fee $389.00
Other Fees $6.00
Supplemental Titling Fee $247.58
Could you tell me how much I should be paying monthly if I roll in the sales tax to cap cost?
And secondly do all the fees look correct?
Thank you,
Stark
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
And is the "Supplemental Titling Fee" is a valid fee in NJ?
I can see they did markup $200/- on my lease on bank fees ($925 vs $725), the X5 is still in production so I didn't sign the lease yet. Only paid a deposit of $1000. I will be signing it some where this month. Should I try to talk to them about October deals & bank fee or is it too late now?
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Could you tell me if you know anything about "Supplemental Titling Fee" in NJ?
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http://www.njcar.org/njcar/DealerSalesTaxSupTitleFeeQA_06JUL14.pdf
Your linked document says it also applies to vehicles with MPG ratings below 19.
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s35i - 53% for 42/15 and 48% for 48/15
Subtract 2% for x35i
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MSRP: $81,620
Invoice (using Edmunds numbers): $75,480
I'm asking for buy-rate financing, and offering $750 over invoice (we'll see...). After whatever negotiated price is agreed, the dealer should then subtract $3,000 off the net cap cost, correct?
Also, I'm doing a special order. On my last lease (2013 X5) I got very close to the above deal. The dealer is now telling me that special orders come in with a higher invoice (same story I'm hearing from the MB dealer on a GLE coupe). Can you see any scenario where that's true? Seems like a dubious claim to me.
I'm not aware of special ordered vehicles having a different price structure that those cars already on the lot.
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And, you're likely to get a bigger discount from sticker on the 2015's .. dealers want to move them off the lots.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I have not only 1 but 2 BMWs. 1 is the lease car and other one I bought last year. Will I get $3000 for loyalty credit?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2016 X6 AWD 4 DR xDrive35
first month payment, 925 acquisition fee and $4200.00 in 7 security deposits. NJ Tax, title, license, registration and dealer fees are additional fees due at signing
MSRP $70,795
Discount: $11,800 (not sure if manufacture incentives are included)
Cap reduction: $0
Residual for 36/12K: $41,061.10
Money Factor is .00083
Based on the info, what is monthly payment ballpark and what should I be asking?
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What are the current promotions? If I lease a BMW already, would I get a loyalty discount?
Thank you.
Thanks.
Add 1% for 10K
Each MSD lowers the MF by .00007; maximum 7 MSD allowed.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2016 sDrive35 36 month and 10k miles
2016 xDrive35 36 month and 10k miles
2015 sDrive35 36 month and 10k miles
2015 xDrive35 36 month and 10k miles
I'm trying to figure out which year and drivetrain would yield the lowest payment based on the discounts, incentives, residual and MF.
Thanks
2016 sDrive - 60%
2016 xDrive - 59%
$1500 option allowance and $1500 SAV Winter Adder
2015 sDrive and xDrive - 54% and $2000 buildout allowance
2016 is the way to go.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2016 X6M
Neg. Price: 105019
Down payment: 30000
Sales Tax: 6%
Residual: 60911 (58%)
MF: 0.00131 (standard)
N: 36
Monthly: 604.15
OK, so, for the DOWN PAYMENT, I'm going to do the money factor lease. If I have already have a set number in mind that I want to deposit, which far exceeds what the monthly payment will be (like around 25k-30k), can I split that up in 7 MSD payments? Is there a monetary cap of how much I can place down? Can I just place down that much and they can treat that as a MSD? Or do they just mean that up to the first 7 payments there's cap of how many rate reductions you can receive, and any deposit after that they can treat as a MSD but won't offer any benefits like MF reduction?
Is there a limit to the size of money limit on each MSD? If not, then is this plausible?