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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Looking for 36/39 months, 15k miles/yr
Thanks!
39/15 - .00158 and 51%
$3000 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36/12
$2500 lease cash
SE: .00088 MF and 58% residual
LTD: .00097 MF and 56% residual
Don't see a 24 month program for this model.
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I would think there is a place on the Hyundai website that provides the details on which makes and models are considered competitive.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I'm new here so I am hoping someone can help.
I really got taken advantage of last year when I leased a 2015 Hyundai Santa Fe Limited ($560 a month lease payment). I was new to leasing at the time. So needless to say, I've been doing a lot of research to learn the ins and outs of car leasing.
My fiancé and I visited a dealer this past weekend, looking to trade in our 2015 for a 2016 Santa Fe Se Ultimate, hopefully for a better price.
I do not have all the details of the deal, just the computer print out the Sales Manager gave me when I walked out.
I am looking to see of this is a good deal or not.
Price is $42253.00
Msrp is $41115.00
Trade in value is $29500.00
Pay off amount is $33920.00
Term is 48 months/10,000 miles a year.
Residual is 49%, $20,146.35
Money factor is .00410
$4000 cash down
$4250 in rebates.
Doc fee $495.00
Acq fee is $595.00
Taxes are $1774.48
Monthly payment of $539.87
I am in Massachusetts. Is this a fair price, given the circumstances? Or is there room to get the payment lower?
Thanks in advance.
Why do this trade? Just keep driving the one you have.
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This was all exploratory. In the above, is there any room to maybe decrease the payment more? Any rebates I don't have, lower money factor, ect?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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As I am still learning the ins and outs of leasing, is there anything in the deal that could be done to lower the payment? Aside from putting even more money down?
We do not recommend putting money down on a lease; if the car is stolen or totaled, you lose that money.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Walked away from the deal. Too much money for such a little payment reduction. But on a side note, I looked up several lease calculators and tried to come up with that number myself. It just doesn't seem to add up. Anyone on here that can use the above figures, and tell me if the money comes out correct?
Looks like there is about $3500 that goes missing to give me a price of $539.87, otherwise that $3500 would reduce the payment. It seems to me, a lot of the rebates and down payment are pumping up the value of my trade in. The dealer came in first at around $25,000 for my trade, then came back and was up to $29500.
The way I see it, even at $25,000 trade in value. Plus $8250 in down payment and rebates, should essentially put this at a sign and drive lease with 0 down, give or take a few hundred.
Dealer says they are losing $2300 on this deal, but I am just not seeing it, especially were they are not budging on the selling price.
Like I've said before, new to this and still learning. But my calculations don't add up. If anyone could fact check this for me, would be greatly appreciated.
Start over again, closer to lease expiration.
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