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Comments
Right now, I'm being told the December to Remember event has $500 lease cash, $1,000 loyalty cash (for current Lexus owners/lessees), and first month's payment (up to $700). Are there any other incentives that I am missing for RX 350s?
I only see the $500 lease cash and first payment covered. No other incentive information.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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I'm still having trouble coming up with the tax provided in the example below:
"
Is this a good deal for 36 month 12/k lease in NJ?
MSRP: $54,772
discount price: $48,700
MF: .00155
Residual: 63%
cap adjusted rebate: $1,000
Adjusted cap rate: $47,894.90
monthly payment: $499.62
Down: NJ tax $1,446.95, Bank fee, $700, Doc $495, motor vehicle: $300, tire fee: $7.50
"
Wouldn't the sum of payments be $499.62 x 36 = $17,986.32. Then the tax (7% in NJ) be = $17,986.32 x 0.07 = $1,259.04? Where does the extra $187.91 come from?
Thank you.
The payment calculation is exact. $495 is pretty stiff for a doc fee.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thank you!
The deposit is collected at lease inception and the leasing bank holds it.
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Is it better to do 24 or 36 lease?
Also, the dealer seems to be marking up the MF to 0.00123 with 9 MSD's. Is there something I can pony them too to get this in line with LFS numbers of .00155 with no MSD as the starting point.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36 months is the better term.
Be polite and tell them you won't sign a deal with an inflated MF. They know what the base rate is.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
That is correct ... for the base trim.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Could you pls let me know what the MF and residual is for a 2017 RX350 Base and F-Sport for 36m/10k/year in NY/NJ?
Are there any special programs outside of 36m such as 27m?
From what I've seen on edmunds, some dealers are offering about 11% off MSRP (59,900 - about 6900 in discount which includes 1k of loyalty). Can I do better than this?
Lastly, I live in NY. I understand that NY doesn't do MSD's. Can I lease in NJ, put down MSDs and register in NY?
Thanks!
$500 lease cash + complimentary 1st payment.
There aren't any other term options that are better.
No info on selling prices.
If LFS allows it, you can do MSDs at a NJ dealer.
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$500 lease cash + complimentary 1st payment
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2017 RX 350 base
MSRP = $54,772
Discounts:
Loyalty Rebate = $1000
Lease Cash = $500
Dealer Discount = $3200
Additional Discount = $2800
First month's payment waived
Adjusted Cap Cost = $47,272
MSD MF = 0.00155 - 0.00072 = 0.00083
Fees = $1,502.50 (bank: $700, doc: $495, dmv: $307.50)
Tax should be about $1,400.
Taxes and fees will be rolled into the lease ($0 due at signing).
2017 RX 450h Hybrid
MSRP = $56,338
Discounts:
Loyalty Rebate = $1000
Lease Cash = $500
Dealer Discount = $3200
Additional Discount = $2800
First month's payment waived
Adjusted Cap Cost = $49,338
MSD MF = 0.00155 - 0.00072 = 0.00083
Fees = $1,502.50 (bank: $700, doc: $495, dmv: $307.50)
Tax should be about $1,410.
Taxes and fees will be rolled into the lease ($0 due at signing).
Thank you!
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Maybe my tax calculation is wrong (I'm in NJ).
How can you make a deal, if they won't give you the numbers?
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2017 RX 350 base (36 month, 15k mile per year lease)
MSRP = $54,772
Selling Price: $50,068.12
Loyalty Rebate = $1000
Lease Cash = $500
First month's payment waived = $550
Tax = $1,630.31
Bank Fee = $700
Doc/MV Fees = $799.50
Adjusted Cap Cost = $50,697.93
MSD MF = 0.00155 - 0.00072 = 0.00083
Taxes and fees rolled into the lease ($0 due at signing).
Is the payment of $550 per month correct? Can anyone recommend a good online calculator?
Thank you!
MSRP: $57,359
Selling price: $54,053
Other dealer add-ons: $1,024 (Pro Trim/LOJACK)
Total rebates: $1,200
MF: 0.00155 (will ask for MSD reduction)
RV: 64%
Doc fee: $150
License: $300
Acquisition fee: $700
Advanced payment: $739.95
Upfront charge: $41.06
Total cap reduction: $416.99
Due on delivery: $0
Does this look accurate? Good deal?
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Why do you need lojack?
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The monthly payment is $739.95 (not sure why it's called advanced payment on the sheet), which is base monthly payment of $673.91 + tax of $66.04. I think that the rebates are $500 lease cash + up to $700 first month payment. I don't need lojack but the dealer said that it's pre-installed and they cannot remove it.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$500 lease cash + complimentary 1st payment
9 MSDs takes the MF down to .00083.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Add 1% for F-Sport AWD
$500 lease cash and complimentary first payment.
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kyfdx - my Lexus dealer only lowered MF down to .00105 - not .00083 with my 9 multiple deposits. What are my options - just leased car on 12/30/16? Do dealers have option to play around with the MF?
Yes... if you've signed and taken delivery, you are out of luck.
=======================
Good news! Went to the dealer today - had to speak to the Sales Manager and General Manager. They agreed to give me the lower MF of 0,00083 when I complained about lack of transparency of the pricing with multiple security deposits because I specifically questioned the original high MF. Will have to sign new leasing agreement tomorrow.
This dealership is known for wanting to receive high customer satisfaction ratings and up to this point I had not been satisfied - now I am.
Now, double-check all the numbers to make sure the MF is the only one that changed. Hate to see the dealer try to finagle something into the new deal to make up for the lost profit of the bumped MF.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2017 RX 350 FWD
36/10k
MSRP $52,399
Buying Price: $46,986
Monthly payment: $540 total
Paid $700 cash up front
Is this a good deal?
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The destination fee is part of the MSRP. There should never be a separate charge for it.
LFS charges a $700 acquisition fee on every lease.
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Thanks