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Comments
thanks for the info! Actually i am trading a car valued at 12.5k and have a pay off of 6k.
Ah, OK.
We don't recommend using trade equity to buy down the payment - if the car is stolen or totaled, you lose that money.
Instead, have the dealer cut you a check for the equity, and use that money to help with the now higher payment.
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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 built a fully loaded GLC rwd with an MSRP of $53,805 that can be delivered in May. Dealer wont budge from their initial offer of $1600 contribution.
Tells me that the money factor and residuals change every month and that for March they are RV 58% and MF .00266 for a 24 month 15k/yr lease term. This seems like a really low RV and a really high MF. Also says that I have to order the car and pay $1000 down to get the factory to build it and then once it gets here I will know the terms under which I will pay for the car I've already committed to buy!
Payment with the dealer contribution, my $1000 down and additional $2000 at delivery is $987 (includes Arkansas monthly sales tax). This just sounds insane. Are the RV and MF they are offering correct? What should I tell them?
That said, $1K for a $54K SUV is a crazy high payment. You might want to cross shop some of the competition to see if there is anything else out there you like, or try a couple of other MB dealers to see if you can get a better MF and/or more discount from sticker.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I even think the base money factor is too high. Taking into consideration no significant discounts and the money factor, one may be paying a high monthly number for this vehicle. That being said, one should check with different dealers as sometimes there is a vehicle they want to move and a good deal can occur.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I am hoping the deal gets better during the winter event. That being said I have seen MB recent winter events where there was limited winter cash and only certain vehicle in the program. I also need to see the money factor improved as the residuals are not as great as they used to be.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No information about incentives.
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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
650/ month for 12K/year. Total selling price: 46000 (forgot the exact amount).
0 down payment. Taxes included as I am in NJ.
Is it a good price?
Would need to know the MSRP; is the $46K number the selling price or the adjusted cap cost after fees and taxes have been added in?
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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
Selling price before TT&L $40355
What would be 36/12k best payment?
Using your prices, I get $501/mo before tax.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
GLC 300W
Premium Package
Blind Spot Assist
Multimedia Package
Tax included
2 Services included
$43, 111.42
= $610/ month
36 months at 10k/year
What is the MSRP?
State/tax rate?
How much due at signing?
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state sales tax 6%
$0 due at signing
what do you think? very curious to get input . Much appreciated
state sales tax 6%
$0 due at signing
what do you think? very curious to get input . Much appreciated
I get $576/mo with those prices. MF could be be marked up or the cap cost is higher than what you think.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What should the residual value be on 36/12 and 36/10 ?
36/10 residual is 61%; 36/12 is 60%
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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
Can you recalculate lease payment with cap cost 42, 200?
36/12
Florida sales tax
MF .00166
$0 down at signing
Really appreciate your advice!!!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36 month residuals are 11% higher.
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It was a great learning curve seeing all the posts by you. I am in market to lease new GLC, premium one with Blind spot, panaromic sunroof, lightening package. MSRP was 49, dealership offered me 45415 with acq fee of 795 ( that seemed high to me), cash cap reduction ( I don't know what is that) of 3792, LEV of 58%, 180000 miles 36months. I am also giving 5000 down. They offered me 603$, which seemed high to me. Also MF of 0.00196%. Sale tax in my county is 7.5%.
Can you help me please
Acquisition fee is $795; surprised the dealer didn't mark that up on you as well - it's common.
Cash cap reduction is the same as a down payment, and it is not something we recommend for a lease. If the car is stolen or totaled, you lose that money.
Using the MSRP and selling prices you've provided, I get $595/mo before tax. This is with $0 down.
Now, the 18,000 miles a year you want means the residual amount will be adjusted by .15-.25 per mile
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$44,750 MSRP
selling price $40000
Price after TT&L: 41022
down payment $2500; 36mo/12k lease for $532
$44,750 MSRP
selling price $41000
Price after TT&L: 42044
3 prepaid maintenance service included
down payment $2500; 36mo/12k lease for $563
what would be the best number?
Also I have a question about Residual Value. Does it apply to MSRP or selling price?
.00166 MF and 60% residual.
Need to ask for the adjusted CAP cost.
$1000 upfront for three services... Need to find out what those services entail, and how much they cost, to know if it's worth paying upfront.
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I've been told dealer acquisition fees is $1070!!! Does it help? this seems high!
Base acquisition fee is $795, so that is marked up.
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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
Is there any way to reduce money factor?
We've heard from other members that MSD can be used to lower the MF.
Check with your dealer.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Is this something negotiable?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Yesterday I got this offer from my dealer for 36 month lease with 12000 miles for GLC300 RWD:
the car sticker price was $447xx and they gave $47xx discount which makes car price to be $40000. the cap cost comes to be $40795 and taxes and registration are about $2800 (I am in Texas and have to pay taxes for the whole car price!!)
I agreed to put $2500 down payment and they offered me $530 per month everything included.
Is it a decent deal?
.00166 and 60% for 36/12. Using your MSRP and cap cost, I get $500/mo. There is about a $1000 difference ($30/mo x 36 months) - I would confirm the cap cost and the how the $2500 due at signing is being used.
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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