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Can't hurt to ask about maintenance...
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Base acquisition fee is $795. Dealers are permitted to mark up the fee by $300 for extra profit.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
In NY, sales tax is only calculated against the sum of the payments.
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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
What does the $1500 at signing cover?
What state and tax rate is this?
RWD or 4Matic?
As you can see, not quite enough information to qualify the deal.
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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
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Adding in your acq.fee, I get $489/mo.+tax.
Acquisition fee is marked up from $795 base amount.
Guessing that the money factor might be marked up, as well. accounting for the $20/mo. difference.
That's a big doc fee.
MSDs? Don't think Nevada would be an issue.
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Does anyone have the lease rates for September yet? Looking at 10k miles for 36 months on any 2016 models i can find
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
A question to the moderators: I've seen people post their offers here and the moderators will say, "Acquisition fee is inflated" or "MF is marked up", etc. What do you recommend we do with that information? Do you actually negotiate the fees or do you negotiate a lower selling price to make up for the marked up fees?
Also, do you recommend negotiating monthly payments or the selling price when it comes to leasing?
Thanks so much! Newbie over here
4Matic - .00130
59% residual for both.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
4Matic - .00130
59% residual for both.
You politely tell the dealer that you won't sign a deal where the acquisition fee or MF is marked up. Then contact other dealers - only takes one to meet your numbers.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Retail price: $43,505.00
Final price: $41,315.71
Acquisition Fee: $995.00
Registration and other fees: $571.00
Security Deposit: $2,750.00
36 months lease
10,000 miles per year
My monthly is $538.88 with taxes included.
And I paid the security deposit, acquisition & other fees and the first month of lease at the time of sign off.
Any thoughts?
Thanks.
LuisK
What state and tax rate?
What was the total amount due at signing?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
It's a RWD and I'm in California with 8% tax.
The total amount due at signing was $4,868.88 ($2,750 + $995 + $571 + $538.88 + $14 of maintenance service).
With your prices, I get $564/mo with 8% tax added in.
Can you tell me what the adjusted cap cost is? It might be higher than the selling price.
Acquisition fee is marked up from the base of $795, so I'm concerned that the MF was marked up, too, before applying the discount for the multiple security deposits.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Hello everyone. I sent a few private messages to Michael but then I figured that it's better to post a message here so everyone can see and refer. It's a long post so...sorry in advance. And Michael, it will be great if you can put your feedback here. Sorry for the other messages on your board.
I closed a lease deal for a Mercedes Benz 2016 GLC300 and here are the numbers and detailst:
Car: 2016 Mercedes Benz GLC 300 RWD
State: Southern California (dealership: Fletcher Jones Motorcars, Irvine, California)
Features: Standard features plus Blind Spot Assist, Panorama Sunroof, Heated Front Seats and Premium Package 01.
Total Retail Price on the sticker: $43,505 (Suggested Retail Price for Standard car: $38,950).
Gross capitalized cost: $42,165.71
Capitalized cost reduction: None
Adjusted capitalized cost: $42,165.71
(The itemization of Gross capitalized cost is: Agreed upon value: $41,315.71. Plus Maintenance agreement $850 = $42,165.71)
Residual value: $26,110.45
Depreciation: $16,055.26
Rent charge: $2,359.82
Total of base monthly payment: $18,415.08
Lease term: 36 months and 10,000 miles per year.
Base monthly payment: $511.53
Sales tax: $40.92
Total monthly payment: $552.45
Regarding the total amount due at signing, here are the details:
1st month payment: $552.45
Acquisition: $995
Sales taxes: $86
Security Deposit: $2,750
Registration fee: $101
License fee: $268
Document processing fee: $80
Electronic filing fee: $29
California tire fee: $7
Total: $4,868.45
Michael already commented that the acquisition was marked up. And perhaps the MF was marked up as well. But overall, I think it was a good deal. Not great, but not a rip off either. Do you agree?
One interesting thing is that one day after I took my car home, I got a call from Financial Dept. They miscalculated the Security Deposit and I have to pay another $250. This is because at the last moment I added the prepaid maintenance service and apparently the guy forgot to add it to the whole equation.
I'm planning to call them and tell them to consider the short $250 as an additional discount on the MSRP since they marked up the Acquisition fee. But I'm not sure if this appropriate. Any thoughts?
They say they need to do a new contract with this addition, but if this is the case I just want to cancel the whole thing. Perhaps I'm over-reacting but I just don't like the idea of going back and put more money because they made a mistake. The contract is already signed so they should just forget about it... no?
Hope this is helpful for somebody else.
Thanks!
Congrats, and enjoy the new MB!
And, thank you for sharing your deal details with the boards.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
And regarding the extra $250 they are asking, it's valid to ask them to just absorb it themselves, right? Do you think if I bring the Acquisition fee mark up they will agree? I saw on the internet that people usually don't touch the Acquisition fee since it's one of those flat fees that each dealer has. You can negotiate the MSRP and MF but not the Acquisition fee.
I just don't want to go back and pay another $250...
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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
Because I got another offer from another dealer: same car but with sport package and my final price will be $39,488 which I think it's even better.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4