Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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2015 BMW i3 Lease Questions
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Ask for the net (or adjusted) cap cost on the deal they are presenting you, and ask them what money factor they are using.
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That's what we hear about the California rebate, but we don't have the information, ourselves.
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In CA:
24 mos/10,000
MF 0.00081
MSRP $53,925
Cap Cost $45,599
Rebate ($7,500)
Adjusted Cap Cost $38,100
Out the door payment $5,125
MSD $2,100
Monthly Payment with Tax $255
Happy car hunting!
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MSRP:$54045 (well-equipped REX)
residual for 30m lease @ 12k/yr miles = 58% or $31,346
residual for 30m lease @ 15k/yr miles = 55% or $29,724
Difference between the two: $1,622. That buys 10,133 miles at $0.16 per mile. If you pay that extra depreciation upfront then you only get 7,500 miles. Put another way, if you go for the 12k/yr lease and buy the extra 7,500 miles later you only pay $1200. Am I computing this correctly?
Which makes getting the 15K mileage limit more feasible.
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Thanks!
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MSRP-50.5
10K/24mo-$238/mo
Due at signing-$238 first payment+$475 dealer fees+$850 tax on fed.credit and UDE credit+$1750 MSDs
Base white Terra i3 REx w/parking, driving tech, in Tennessee.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Read through the last few pages of this discussion to see what others have been able to negotiate.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
One thing that has helped folks recently is the use of MSD to buy down the MF and lower the lease payment.
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Anybody have any ideas how this dealer is advertising these deals?
http://www.davewalterbmw.com/i3LeaseOffers
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30/10 residual is also 59%.
$2000 Holiday adder + $7500 lease cash.
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Stinks that they dropped the residuals this month (e.g., 63% to 59% on a 24/10). Odd that the 30 stayed at 59% and would auger toward taking that deal with 6 more months to spread the same depreciation (unless you are trying to "time" the Tesla 3, redesigned 2017 Leaf of something else and don't want to be obligated for an extra 6 mos.). Suspect the dealers will argue, "Yeah, we dropped the residual, but we're giving you $2k HHA Cash, wouldn't you rather have that?" Answer "I want both. Drop the price to cover the 4% extra I'm paying." Remember, they are not your friend. They see you as a mark and will milk anything they can out of you. You need to view them as the enemy and use this site to arm yourself with information to play on an even battlefield!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'm trying to figure out where the sweet spot is for a lease this month.
56% / 54% / 50%
Add 2% for 12K and 3% for 10K
30 months seems to be the sweet spot in December.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks Michaell and apologize if I'm mistaken but 30/10k residual did drop for Dec? It was 59% in Nov but I see it's 57%? (54%+3%) or am I not reading this right?
30/10 for November was 58%, so it did drop 1% in December
I was poking around Southern California dealers and one dealer said 30/10k residual is 56% and another dealer in Irvine saying 59%..I guess, I'll go with 59%~
I know they can mark up the MF but not the residual right?