It's still a 36 month lease, even if they are covering the first payment, so calculate it that way.
.00001 MF, not .0001
Don't see any allowance for tax on your screen shot.
Pretty sure that the TFS acquisition fee is $650.
Thanks. I have attached the dealer quote. My guess is that selling price they are quoting is only for a purchase and that they are offering MSRP minus $500 for a lease. I get $506/mo pretax if I plug MSRP into the lease calculator.
Yes, that looks like a purchase quote - in CA, the sales tax is calculated against the monthly payment, not the entire selling price.
This wouldn't happen to be an AutoNation dealer, would it? They are famous for lease quotes that look like this, without all the supporting numbers behind the quoted lease payment.
Yup it's an Autonation dealer. Luckily here in Southern California we have a ton of dealers. Another dealer quoted $399/mo + tax with $308 due at signing without any negotiation. I plan to try to negotiate away the $308 due at signing if my wife chooses this van.
It's still a 36 month lease, even if they are covering the first payment, so calculate it that way.
.00001 MF, not .0001
Don't see any allowance for tax on your screen shot.
Pretty sure that the TFS acquisition fee is $650.
Thanks. I have attached the dealer quote. My guess is that selling price they are quoting is only for a purchase and that they are offering MSRP minus $500 for a lease. I get $506/mo pretax if I plug MSRP into the lease calculator.
Yes, that looks like a purchase quote - in CA, the sales tax is calculated against the monthly payment, not the entire selling price.
This wouldn't happen to be an AutoNation dealer, would it? They are famous for lease quotes that look like this, without all the supporting numbers behind the quoted lease payment.
Yup it's an Autonation dealer. Luckily here in Southern California we have a ton of dealers. Another dealer quoted $399/mo + tax with $308 due at signing without any negotiation. I plan to try to negotiate away the $308 due at signing if my wife chooses this van.
Keep us posted, though some of that up front money is going to the state - they aren't real good at negotiating anything away.
Thanks Everyone on this forum for all these discussions and inputs. It immensely helped with the negotiation..
I put in a deposit and will be picking up the van in the coming week. The dealer did not have the Pearl White/Bisque combination in stock and will be getting it from other dealer.
Sienna XLE Premium FWD MSRP $40150 (Pearl white color premium included) Selling price $36300 EWU warranty $400 (I had them include with the deal before I sign the lease and go to F&I. Avelino - thank you for the input on the warranty cost. I was able to get it reduced from the original $700 they quoted) Residual $22400 12K/36 Months Bought in PA and will be registered in NJ.
Zero due at signing. $472/35 months. I had purchased my earlier Toyota Vechile from this dealer and that kind of helped a bit with the deal.
(Rant alert - ) I had to travel about an hour 1 way to this dealership. I would rather travel more if needed than talking to a dealer in NJ. Even though these NJ dealers usually give similar deals they are down right rude and keep on pressuring to make a decision. I went to this dealership twice as we could not make up our mind on the color and the dealer was understanding of that and promosied that I will get the same agreed deal until end of the month.
Thank you kyfdx and Michaell for all of your help in my search for a new van and thanks in particular to everyone who shared their deals. Leased the same as the poster above but in SoCal where it's a fiercely competitive market, particularly at the end of a quarter.
Sienna XLE Premium FWD with no additional options or accessories (Silver) MSRP $39,835 Selling Price before rebates 35,395.61 (plus $500 lease rebate applied to cash due at signing) Acq Fee $650 Doc Fee $80 Cap Cost applied to cash due at signing $294.76 ----------- Gross Capitalized Cost $36,420.37
Money Factor .00001 (comes out to $0.59/mo or basically 0% interest) Residual $22,308 (56%)
Thank you kyfdx and Michaell for all of your help in my search for a new van and thanks in particular to everyone who shared their deals. Leased the same as the poster above but in SoCal where it's a fiercely competitive market, particularly at the end of a quarter.
Sienna XLE Premium FWD with no additional options or accessories (Silver) MSRP $39,835 Selling Price before rebates 35,395.61 (plus $500 lease rebate applied to cash due at signing) Acq Fee $650 Doc Fee $80 Cap Cost applied to cash due at signing $294.76 ----------- Gross Capitalized Cost $36,420.37
Money Factor .00001 (comes out to $0.59/mo or basically 0% interest) Residual $22,308 (56%)
Hi, do you have the June lease numbers (RV% and MF) for a Sienna XLE FWD for 36/12 in IL? Also, when are these numbers good till? Assuming July 2, 2016.
Hi, do you have the June lease numbers (RV% and MF) for a Sienna XLE FWD for 36/12 in IL? Also, when are these numbers good till? Assuming July 2, 2016.
I am considering to lease 2016 Sienna XLE. I live in east bay SF valley, CA. 12k, 36 Months. I am getting quotes as we speak. What is a good deal during this weekend sale? So far I have - MF - 0.00001 Res - 64% (21588 for 33602 cap cost) 12k, 36 months
I am considering to lease 2016 Sienna XLE. I live in east bay SF valley, CA. 12k, 36 Months. I am getting quotes as we speak. What is a good deal during this weekend sale? So far I have - MF - 0.00001 Res - 64% (21588 for 33602 cap cost) 12k, 36 months
Thanks in advance.
Residual is a percentage of MSRP, not CAP cost, and we show 56%.
Ok appreciate all of the info on the forum here. Wanted to report back on a deal that I am close on. SE Premium + Outdoor Pkg MSRP $41,229 Discount 12.1% Selling Price $36,200 36/12k lease 56% residual .00001 MF or ~ 0 APR%
TFS Acq fee $650 Dealer Fees/Tag $500
$405 per month with 6.25% sales tax included. Paying first and fees out of pocket.
Ok appreciate all of the info on the forum here. Wanted to report back on a deal that I am close on. SE Premium + Outdoor Pkg MSRP $41,229 Discount 12.1% Selling Price $36,200 36/12k lease 56% residual .00001 MF or ~ 0 APR%
TFS Acq fee $650 Dealer Fees/Tag $500
$405 per month with 6.25% sales tax included. Paying first and fees out of pocket.
Solid looking deal! Thanks for sharing the details with us
the out the door price is $35,897 including all tax and fees after a discount of $3,866 off of original $36,625 . FWD. Please let me know the calculated payment
the out the door price is $35,897 including all tax and fees after a discount of $3,866 off of original $36,625 . FWD. Please let me know the calculated payment
Using those prices, I get a payment of $361/mo before tax
Thank you for quick response Michaell! I am new to this lease calculation and was wondering if you might be able to break it down for me on how you got to the payment? Thanks again in advance!
Thank you for quick response Michaell! I am new to this lease calculation and was wondering if you might be able to break it down for me on how you got to the payment? Thanks again in advance!
I have a lease calculator that I've built. Here's how you can have one, too:
Comments
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I put in a deposit and will be picking up the van in the coming week. The dealer did not have the Pearl White/Bisque combination in stock and will be getting it from other dealer.
Sienna XLE Premium FWD MSRP $40150 (Pearl white color premium included)
Selling price $36300
EWU warranty $400 (I had them include with the deal before I sign the lease and go to F&I. Avelino - thank you for the input on the warranty cost. I was able to get it reduced from the original $700 they quoted)
Residual $22400
12K/36 Months
Bought in PA and will be registered in NJ.
Zero due at signing. $472/35 months. I had purchased my earlier Toyota Vechile from this dealer and that kind of helped a bit with the deal.
(Rant alert - ) I had to travel about an hour 1 way to this dealership. I would rather travel more if needed than talking to a dealer in NJ. Even though these NJ dealers usually give similar deals they are down right rude and keep on pressuring to make a decision. I went to this dealership twice as we could not make up our mind on the color and the dealer was understanding of that and promosied that I will get the same agreed deal until end of the month.
Sienna XLE Premium FWD with no additional options or accessories (Silver)
MSRP $39,835
Selling Price before rebates 35,395.61 (plus $500 lease rebate applied to cash due at signing)
Acq Fee $650
Doc Fee $80
Cap Cost applied to cash due at signing $294.76
-----------
Gross Capitalized Cost $36,420.37
Money Factor .00001 (comes out to $0.59/mo or basically 0% interest)
Residual $22,308 (56%)
Depreciation: $14,112.37
Rent: $21.24
Rent + Depreciation: $14,133.61
Divided by 36 = $392.60/mo before tax
Monthly tax (8%): $31.41
Total monthly payment incl. tax: $424.01
Cash due at signing $794.76 (first month's payment, state fees)
Minus $500 rebate and $294.76 of selling price applied to cash due at signing
Net: $0 due at signing, $424.01/month
P.S. I accomplished two of the goals I always have during a search for a lease: $0 due at signing and month pre-tax payment under 1% of MSRP.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Toyota numbers are good through 7/5/16.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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I am getting quotes as we speak. What is a good deal during this weekend sale?
So far I have -
MF - 0.00001
Res - 64% (21588 for 33602 cap cost)
12k, 36 months
Thanks in advance.
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2016 Limited Premium AWD
MSRP - 47,705
Agreed to Price - 42,325
3 year lease 15k/year
0 down
533/month
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36/12
.00001 MF
57%, 55%, 54%, 52%
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Add in an acquisition fee of $650 and miscellaneous charges, and you are pretty close, I think.
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I normally can find the information I am looking for but in this case everyone seems to be requesting info from the east coast and for the xle.
I need the current MF and residual for a 2016 sienna SE (not premium) in CA for 36/12 and 36/10. Some dealership told me residual is 53%.
I appreciate your help! thanks!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Money factor and residual. Thanks.
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Thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Toyota Sienna SE
Would like to know what is
MF & Residual in MA
36/12K
36/15K
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SE Premium + Outdoor Pkg MSRP $41,229
Discount 12.1%
Selling Price $36,200
36/12k lease
56% residual
.00001 MF or ~ 0 APR%
TFS Acq fee $650
Dealer Fees/Tag $500
$405 per month with 6.25% sales tax included.
Paying first and fees out of pocket.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36/12 residuals (no 10K/yr with TFS)
XLE Premium: 55%
LTD Premium: 52%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Would need to have the MSRP and adjusted cap cost in order to calculate a payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4