Can you tell me your thoughts on this deal .. Sticker 48,804 standard package on vehicle. $3000 down total out door includes all fees etc 42 months/12k a year mileage $550 a month
Taking last 3 payments on my JX @ $518 a month Feedback appreciated thanks
Can you tell me your thoughts on this deal .. Sticker 48,804 standard package on vehicle. $3000 down total out door includes all fees etc 42 months/12k a year mileage $550 a month
Taking last 3 payments on my JX @ $518 a month Feedback appreciated thanks
What is the negotiated capitalized cost?
What is the breakdown of the $3000 due at signing?
Dealer didn't give me either cost or breakdown of the $3k.. . Just called me back and now giving me car w sticker $51,195 at $559 a month w same $3k out door and taking last three payments on current lease .. NJ dealership
Dealer didn't give me either cost or breakdown of the $3k.. . Just called me back and now giving me car w sticker $51,195 at $559 a month w same $3k out door and taking last three payments on current lease .. NJ dealership
Dealers love to give you the OTD amount and monthly payment, without any of the supporting numbers. Can't tell you if it's a good deal without all the information.
If they continue to be non-transparent, it might be time to find another dealer.
with some effort I am at these numbers with the dealer
RX 350 - MSRP $51,195 selling price at $48,800 42 months / 12k a year $559 a month $3000 OTD with fees etc and first month payment taking my last 3 payments on my current car at $518
I am thinking not bad deal but appreciate your thoughts.. this is a dealer in NJ .. Thanks
with some effort I am at these numbers with the dealer
RX 350 - MSRP $51,195 selling price at $48,800 42 months / 12k a year $559 a month $3000 OTD with fees etc and first month payment taking my last 3 payments on my current car at $518
I am thinking not bad deal but appreciate your thoughts.. this is a dealer in NJ .. Thanks
I get $557 with those numbers (58% RV, .00130 MF), so pretty durn close.
When you say "taking my last 3 payments", what does that mean? Is the dealer taking the car in trade?
with some effort I am at these numbers with the dealer
RX 350 - MSRP $51,195 selling price at $48,800 42 months / 12k a year $559 a month $3000 OTD with fees etc and first month payment taking my last 3 payments on my current car at $518
I am thinking not bad deal but appreciate your thoughts.. this is a dealer in NJ .. Thanks
I get $557 with those numbers (58% RV, .00130 MF), so pretty durn close.
When you say "taking my last 3 payments", what does that mean? Is the dealer taking the car in trade?
I have 3 payments left to make on the current lease so they are taking it when I take the RX so I guess that would be considered trade.
with some effort I am at these numbers with the dealer
RX 350 - MSRP $51,195 selling price at $48,800 42 months / 12k a year $559 a month $3000 OTD with fees etc and first month payment taking my last 3 payments on my current car at $518
I am thinking not bad deal but appreciate your thoughts.. this is a dealer in NJ .. Thanks
I get $557 with those numbers (58% RV, .00130 MF), so pretty durn close.
When you say "taking my last 3 payments", what does that mean? Is the dealer taking the car in trade?
I have 3 payments left to make on the current lease so they are taking it when I take the RX so I guess that would be considered trade.
Thank you for the feedback
If they are taking it in trade, you want to make sure you aren't leaving money on the table ... check the payoff value and trade value .. there might be more than $1500 in equity. If so, get the dealer to cut you a check.
Could I get your thoughts on a lease quote? I am calculating it myself and not tying but wonder if I am missing a piece.
36 months 15k miles MSRP 51,374 Sale Price 47,325 residual 30,824 60% .0013 money factor
$5500 down payment $2720 cap reduction $577 first month payment $1925 fees including acquisition, registration, dealer doc fee $270 down payment tax
When I run the numbers, I am getting about $522 vs. the quote of $577 including tax. Maybe I am missing something in my calculation. Any advice would be greatly appreciated.
Could I get your thoughts on a lease quote? I am calculating it myself and not tying but wonder if I am missing a piece.
36 months 15k miles MSRP 51,374 Sale Price 47,325 residual 30,824 60% .0013 money factor
$5500 down payment $2720 cap reduction $577 first month payment $1925 fees including acquisition, registration, dealer doc fee $270 down payment tax
When I run the numbers, I am getting about $522 vs. the quote of $577 including tax. Maybe I am missing something in my calculation. Any advice would be greatly appreciated.
I get $481/mo plus tax, so probably closer to your calculation.
What state and tax rate?
Confirm the net cap cost with the dealer - I am using $44,605 (sell price less cap reduction).
Could I get your thoughts on a lease quote? I am calculating it myself and not tying but wonder if I am missing a piece.
36 months 15k miles MSRP 51,374 Sale Price 47,325 residual 30,824 60% .0013 money factor
$5500 down payment $2720 cap reduction $577 first month payment $1925 fees including acquisition, registration, dealer doc fee $270 down payment tax
When I run the numbers, I am getting about $522 vs. the quote of $577 including tax. Maybe I am missing something in my calculation. Any advice would be greatly appreciated.
I get $481/mo plus tax, so probably closer to your calculation.
What state and tax rate?
Confirm the net cap cost with the dealer - I am using $44,605 (sell price less cap reduction).
Sales tax rate is 8.1%. I had been using 9% so this brings me closer to $517 for monthly payment.
Hey guys can anyone tell me if this is a fair price on a new RX350 lease ? Trading in my 13 Rx350 lease 5 months early (and over about 11k miles). They are paying the final 3 months and I have to pay $3867.97(overage plus two months payment) for payoff. The deal they are giving me on the 16 RX is 42 months/15k year Price $47,226.00 MSRP $51,494.00 gov fees 508.40 taxes 1,500.89 (NJ) Doc Fee $500 SEC Deposit(MSD's) $5625 brings money factor down to .00058 Residual $28,836.64 (.56) Total init pmt $7,746.38 (includes 1st months payment) Monthly Payment $617.88
Options: BD-Blind spot monitor/ EM-Matte Linear Mocha Int/ HF-Power Rear Door HS - Heat/Vent Front seats/ NW- Navi/ PA - intuitive parking PM - prem package/SR -moonroof/WR -heated leather steering wheel 2Q -all weather floor mats with cargo /z1- cargo mat, cargo net, wheel lo
Is this a fair lease, MSRP:$59,985.00 Selling Price:$56,000.00 36mo/12k paying de tax (4.25%) and 1month and bank fee ($3000) upfront residual $37190.70 mf:0.0023 Lease payment: 736.02
Is this a fair lease, MSRP:$59,985.00 Selling Price:$56,000.00 36mo/12k paying de tax (4.25%) and 1month and bank fee ($3000) upfront residual $37190.70 mf:0.0023 Lease payment: 736.02
.00130 MF and 62% residual.
$736/mo. is correct, using your numbers.
The money factor markup is substantial. Using the base MF, the payment would be $644/mo. (yikes!)
Hey guys can anyone tell me if this is a fair price on a new RX350 lease ? Trading in my 13 Rx350 lease 5 months early (and over about 11k miles). They are paying the final 3 months and I have to pay $3867.97(overage plus two months payment) for payoff. The deal they are giving me on the 16 RX is 42 months/15k year Price $47,226.00 MSRP $51,494.00 gov fees 508.40 taxes 1,500.89 (NJ) Doc Fee $500 SEC Deposit(MSD's) $5625 brings money factor down to .00058 Residual $28,836.64 (.56) Total init pmt $7,746.38 (includes 1st months payment) Monthly Payment $617.88
Options: BD-Blind spot monitor/ EM-Matte Linear Mocha Int/ HF-Power Rear Door HS - Heat/Vent Front seats/ NW- Navi/ PA - intuitive parking PM - prem package/SR -moonroof/WR -heated leather steering wheel 2Q -all weather floor mats with cargo /z1- cargo mat, cargo net, wheel lo
Cash Down - $5,000 (Cash down split Towards fee - $ 1,900 Cap reduction - $ 3,100 Residual value - $30,810.28
Lease amount 518 per month
Looking at previous forum updates, it looks like residual value should be 62% and money factor 0.0013. I get lease amount of 497 with above. I want to check, if I am doing some mistake.
Cash Down - $5,000 (Cash down split Towards fee - $ 1,900 Cap reduction - $ 3,100 Residual value - $30,810.28
Lease amount 518 per month
Looking at previous forum updates, it looks like residual value should be 62% and money factor 0.0013. I get lease amount of 497 with above. I want to check, if I am doing some mistake.
Pls let me know your calculated lease amount.
62% and .00130 are the correct numbers.
Using the prices given, I get $542/mo. However, if I subtract the $3100 cap reduction from the adjusted price, the payment drops to $452/mo.
Ask the dealer what MF they are using and what the true net cap cost is.
And, get a breakdown of the $1900 in "fees". Ohio collects sales tax on a lease up front, in addition to the standard lease fees.
Has the money factor and residuals remained the same (MMF of .0013 and 62% for a 36M/12k lease) for May on a AWD RX350? What does the residual change to if we only get 10K per year? Thanks in advance.
Has the money factor and residuals remained the same (MMF of .0013 and 62% for a 36M/12k lease) for May on a AWD RX350? What does the residual change to if we only get 10K per year? Thanks in advance.
Michaell Thank you for the reply. So $621/month with 0 down payment? All other fees are included in $621 or do I need to consider additional? Again, Thank you so much
Michaell Thank you for the reply. So $621/month with 0 down payment? All other fees are included in $621 or do I need to consider additional? Again, Thank you so much
I just used the numbers you gave me. I assume $0 down; you didn't specify whether the fees were paid up front or added in.
Thank you for your answer. I do not have the adjusted cap cost. I will try to give it tomorrow, sales associate is off today. I was given two options. $1000 out of pocket for $556 plus tax and no out of pocket for $587 plus tax which equals $629 a month. If I am understanding correctly if I need to pay fees,lease should be $519 plus tax a month. If fees are included in lease what will be a great price to pay.
Thank you for your answer. I do not have the adjusted cap cost. I will try to give it tomorrow, sales associate is off today. I was given two options. $1000 out of pocket for $556 plus tax and no out of pocket for $587 plus tax which equals $629 a month. If I am understanding correctly if I need to pay fees,lease should be $519 plus tax a month. If fees are included in lease what will be a great price to pay.
We do not track the selling prices; take a look at the last page or two of this discussion to see what other people have been able to negotiate.
Thank you for your response. I Notice that BMW_528i had a money factor of .001 in the deal posted on May 10. The money factor for May that you mention is .00130 is the money factor negotiable
Again thank you for this forum its very educational.
Thank you for your response. I Notice that BMW_528i had a money factor of .001 in the deal posted on May 10. The money factor for May that you mention is .00130 is the money factor negotiable
Again thank you for this forum its very educational.
The Lexus numbers are regional, so both .00100 and .00130 are correct, depending on where you live.
Those are the base rates for top tier credit, but they can be 'bought down' with the use of MSDs.
First off, I want to thank everyone here, particularly Michaell for being so helpful. This is a fantastic resource.
I'm looking to lease a 2016 or 2017 Lexus RX 350. I don't know when the 2017s come out, though.
Do you know the Residual % and MF for Los Angeles for the following? 24 months/10k 36 months/10k How do they change at 12k? Sorry for all the requests, but I figured I'd get them out in one post as opposed to coming back here multiple times.
First off, I want to thank everyone here, particularly Michaell for being so helpful. This is a fantastic resource.
I'm looking to lease a 2016 or 2017 Lexus RX 350. I don't know when the 2017s come out, though.
Do you know the Residual % and MF for Los Angeles for the following? 24 months/10k 36 months/10k How do they change at 12k? Sorry for all the requests, but I figured I'd get them out in one post as opposed to coming back here multiple times.
Comments
Could you give mf and residuals for 2016 RX350 F-Sport AWD for east coast?
24 / 27 / 36 months for 10k and 12k miles?
Thank you!
Add 1% for 10K and 2% for 7.5K
No difference based on trim.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Add 1% for 10K
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Any current incentives ? Any sweet spot for lease term ? Thanks.
36 months is the best term. No incentives
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
MSRP: $59,699
36 mo / 15k mi
48 mo / 15k mi
Thanks in advance!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thank you!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$3000 down total out door includes all fees etc
42 months/12k a year mileage
$550 a month
Taking last 3 payments on my JX @ $518 a month
Feedback appreciated thanks
What is the breakdown of the $3000 due at signing?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
If they continue to be non-transparent, it might be time to find another dealer.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
RX 350 - MSRP $51,195
selling price at $48,800
42 months / 12k a year
$559 a month
$3000 OTD with fees etc and first month payment
taking my last 3 payments on my current car at $518
I am thinking not bad deal but appreciate your thoughts.. this is a dealer in NJ .. Thanks
When you say "taking my last 3 payments", what does that mean? Is the dealer taking the car in trade?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thank you for the feedback
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36 months 15k miles
MSRP 51,374
Sale Price 47,325
residual 30,824 60%
.0013 money factor
$5500 down payment
$2720 cap reduction
$577 first month payment
$1925 fees including acquisition, registration, dealer doc fee
$270 down payment tax
When I run the numbers, I am getting about $522 vs. the quote of $577 including tax. Maybe I am missing something in my calculation. Any advice would be greatly appreciated.
What state and tax rate?
Confirm the net cap cost with the dealer - I am using $44,605 (sell price less cap reduction).
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
42 months/15k year
Price $47,226.00
MSRP $51,494.00
gov fees 508.40
taxes 1,500.89 (NJ)
Doc Fee $500
SEC Deposit(MSD's) $5625 brings money factor down to .00058
Residual $28,836.64 (.56)
Total init pmt $7,746.38 (includes 1st months payment)
Monthly Payment $617.88
Options:
BD-Blind spot monitor/ EM-Matte Linear Mocha Int/ HF-Power Rear Door
HS - Heat/Vent Front seats/ NW- Navi/ PA - intuitive parking
PM - prem package/SR -moonroof/WR -heated leather steering wheel
2Q -all weather floor mats with cargo /z1- cargo mat, cargo net, wheel lo
Msrp 43,300 Dealer / Invoice 40,486 (before options)
Msrp 7,224.00 / invoice 6,532.00 (for options)
MSRP $50,544.00 / invoice $47,018.00 (with options)
Delivery,processing & Handling fee $950
Total MSRP $51,494.00 / Invoice $48,726.00
Thanks so much for you help everyone! I appreciate it so much !
This is NJ
MSRP:$59,985.00
Selling Price:$56,000.00
36mo/12k
paying de tax (4.25%) and 1month and bank fee ($3000) upfront
residual $37190.70
mf:0.0023
Lease payment: 736.02
$736/mo. is correct, using your numbers.
The money factor markup is substantial. Using the base MF, the payment would be $644/mo. (yikes!)
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I would confirm the net cap cost with the dealer, since you are paying the taxes and fees up front.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
This is my lease detail:
MSRP: $59774 (AWD non-F sport)
Selling price: $53124.87
Adjusted cap cost is around $54xxx.xx
Down payment: $1500
First payment: $642
3 MSD : $1950
35 x $642.88 there after
15k/36 month lease.
I believe without the 3 MSD the payment will be $668.17.
Hope it helps!
And, thanks for sharing your deal details with us.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Market Value Selling Price - 49,694
Discount - 3,000
Adjusted price - 46,694
Lease term - 36 months, 12K miles
Cash Down - $5,000
(Cash down split
Towards fee - $ 1,900
Cap reduction - $ 3,100
Residual value - $30,810.28
Lease amount 518 per month
Looking at previous forum updates, it looks like residual value should be 62% and money factor 0.0013. I get lease amount of 497 with above. I want to check, if I am doing some mistake.
Pls let me know your calculated lease amount.
Using the prices given, I get $542/mo. However, if I subtract the $3100 cap reduction from the adjusted price, the payment drops to $452/mo.
Ask the dealer what MF they are using and what the true net cap cost is.
And, get a breakdown of the $1900 in "fees". Ohio collects sales tax on a lease up front, in addition to the standard lease fees.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2016 RX 350 - 36 months, 12K miles per year
MSRP: $58,583
Selling Price: $54,000
Total cap cost: $54,000
Residual: $36,321
Money Factor: 0.001
Monthly payment: $581
Total Paid at inception: $1631 that includes the following
Note: Above numbers do not include the local state sales taxes, that was paid additionally at inception.
Hope this helps others in the market for a lease deal.
And, thanks for sharing your deal details with us.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
MSRP $55,500
Sales price $52,000
What would be an ideal monthly payment?
Thank you!
With your prices, that works out to $621/mo before tax.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
So $621/month with 0 down payment? All other fees are included in $621 or do I need to consider additional?
Again, Thank you so much
2016 RX350 36 months, 12K miles per year
MSRP: $51,999.00
Selling Price: $47,189.86
Residual: 62% $32,239.38
Money Factor: 0.00130
Monthly payment including tax $629.00
No money down, no out of pocket. Sign & Drive.
Thank you for your answer.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
As is, I get $519/mo plus tax using your numbers.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Again thank you for this forum its very educational.
Those are the base rates for top tier credit, but they can be 'bought down' with the use of MSDs.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I'm looking to lease a 2016 or 2017 Lexus RX 350. I don't know when the 2017s come out, though.
Do you know the Residual % and MF for Los Angeles for the following?
24 months/10k
36 months/10k
How do they change at 12k?
Sorry for all the requests, but I figured I'd get them out in one post as opposed to coming back here multiple times.
Thanks!
Subtract 1% for 12K
Read back through the last page or two of posts to see what others have been able to negotiate as a discount; we don't track selling prices.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4