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T6 AWD R-Design - .00100 and 56% for 36/12; .00107 and 54% for 39/12
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The details:
2016 Volvo XC90 Momentum Plus- 900 miles (they loaned it in service a few times)
It literally has every bell and whistle, Bowers and Wilkins Sound, lighting package, convenience package, BLISS, all kinds of safety stuff including parking, heads up display, integrated booster seat... I won't bore you with details on the car. Here are the numbers.
BECAUSE it was loaned and is not at less than 100 miles I negotiated hard, and this is where I am.
MSRP - 62,975
Negotiated Price - 55,000
This lease is for 25,000 miles per year. Basically, I drive a TON and this was discussed at length.
Also, I am planning to put NO MONEY down, so the quotes below are based upon no money down.
Losing 1400 on my Infiniti QX60 trade
Term Options
30 (.000610 MF) 58.00 RES 950.34 monthly
36 (.000610 MF) 54.00 RES 899.75 monthly
39 (.000690 MF) 53.00 RES 870.76 monthly
24 (.000610 MF) 64.00 RES 971.87 monthly
So, my question is, are the Money Factor and Residual Values fair?
What would be the best option, financially? My hubby thinks I like to change cars and will want something newer in 2 years, so he leans toward the 24 month option. I like the 39 month option because the payments are at 870.76.
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64% / 58% / 54% / 53%
Extra miles are charged at .20 per mile, deducted from the calculated residual.
Therefore, the deduction for the different lease terms are as follows:
24 months - $4000
30 months - $5000
36 months - $6000
39 months - $6500
Second, the MF looks to be for the T6; at least the dealer isn't marking that up.
Next, the $1400 of negative equity will be added directly to your payment - the more payments you have, the lower that hit is each month. (24 months = $58/mo, 36 months = $39/mo)
Last, what is the adjusted cap cost - this is the negotiated price plus taxes and fees, plus the negative equity. With that number, we can approximate the payment for you for each term.
If you wait, will you be in a better position with the negative equity?
You're making a vehicle that isn't cheap to lease to begin with much more expensive.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
920.11 taxes
479.90 dealer fees
16.50 fees
Thus making it $57,816.51.
OR I could buy it and put 15k down. I'm basically in a position where we have no issue getting the car, we just want to make the smartest financial decision. I think within 3 years I would want a new car, my hubby thinks within 2 years.
Any help is so very much appreciated!
So, if you take out the negative equity, I guess I'm still making it expensive because of high miles?
The thing is, if I put 15k down and then makes payments around 1k per minth, then after 2 years, I will be in the car for around 39k and it's hard to know if I would have any equity built up due to depreciation for high miles, or God forbid an accident or a fender bender further reduced the value.
Once again, really appreciate the advice!
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Really appreciate this forum!
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Can you please provide the new September MF and RV numbers for a 2016 AWD T6 Momentum for the following terms in PA?
15K / 36 mos
15K / 39 mos
Thanks!
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.00111 MF and 56% residual for either term (pick 39..lol)
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Any lease cash like the $4585 from prior months?
Also please provide MF and res % for 2016 T5 Momentum AWD for 36/10 and 39/10.
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
Also please provide MF and res % for 2016 T5 Momentum AWD for 36/10 and 39/10.
.00126 and 57% or 56%. No lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Michaell,
What are the numbers for the FWD T5 for the same lease terms? Do you know the base Volvo Acquisition fee?
Thanks.
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
What are the numbers for the FWD T5 for the same lease terms? Do you know the base Volvo Acquisition fee?
Thanks.
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
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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
30/36/39 months at 10 and 12K/yr please.
Thanks.
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
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What trim level?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
36/12 - .00091 and 47%
39/12 - .00091 and 45%
$4585 "non cash credit"
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
Add 1% or 2% to the 12K/yr numbers
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Edmunds Price Checker
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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
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
Edmunds Price Checker
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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!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
.00083 and 58%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2016 XC90 T8 Momentum AWD Hybrid fully loaded
30month/12K (30 month is the current sweet spot)
MSRP: $76,710
Selling price: $62,000
Residual: 54% $41,413
Money Factor: 0.00033 (from 0.00083 with 10 deposits)
Capped Bank Fee: $995 (I know it's marked up but he wasn't budging as we also did deposits to cut into their profit)
Capped Doc Fee: $80
Gross Cap Cost: $63,075
Net cap cost: $60,021
Rebate of $4,585 applied as:
Cap Cost Reduction: $3,054
Sales tax on CCR: $275
DMV: $544
First Month: $712
Base Monthly $653 + 9% tax
Drive offs of $7,500 covering 10 $750 refundable security deposits. Also received a check for $530 to cover the last payment of the current lease.
I thought this was a great deal on effectively a zero drive off lease for a loaded car.
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Also, does the $4,585 credit apply to Inscription as well as Momentum models?
- thanks in advance
.00114 MF and 44% residual
$4585 non-Cash Credit
The credit is on all 2016 T8 models.
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2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
You are welcome to share the dealer and salesman name here. Just no contact info.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Also, where we are in California, the T8 is eligible for a $1,500 electric car rebate. On the 30 month lease, that's another $50 a month off.
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
Really appreciate it!
Add 1% for 10K/yr
$4585 Volvo Allowance
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