Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Need to know the MSRP and selling price.
We recommend you limit your out of pocket to just the first payment and DMV costs.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Florida taxes the monthly payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
AWD GT at $33465 with 8.875% tax (NYC)
36/10k for 399/mth with 0 down. Only taxes and DMV fees due at signing. Is this reasonable?
Either way, what's the other number?
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If $2000 covers all of your upfront charges (1st payment, DMV, dealer fee, acquisition fee), so that $28222 is your adjusted CAP cost, then the payment should be about $305/mo.
If the $750 comes off that number, then about $283/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
With your prices, I get $385/mo - pretty close, but I'd ask the dealer for the adjusted cap cost to see if they added something to the selling price.
We do recommend that you roll the taxes into the payment, as well. If the car is stolen or totaled, you won't get a refund of those taxes you pre-paid.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks!
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List price $34,815.00 ( cannot residualize add ons)
MSRP $33,765.00 (60% residual) = $20,259.00
Price $33,815.00
Payment $466.00 (before tax) 36 months/15,000 miles a year
Due at signing $792.00
What do you think?
Assuming the $33815 includes the acquisition fee, I get $422/mo.+tax which is pretty close (9%-10% tax).
Doesn't look like much of a deal.
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It's hard to tell what a good deal is as most of the sites (KBB, Edmunds, True Car) don't have a lot of sales to give a TMV. What would you consider a good deal? I know you guys don't do pricing but when Edmunds says TMV is $34,318 and I'm being quoted $33,815 I'm not sure what I'm missing.
$500 under TMV looks to be a good price, however.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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When I leased my Elantra GT in 2013, the sticker showed both the first aid kit and the all weather mats on the factory sticker. The cost of these were then residualized as part of the lease payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
https://forums.edmunds.com/discussion/39975/mazda/cx-5/2016-5-mazda-cx-5-lease-questions#latest
For the 2017, the numbers are as follows:
24/12 - .00348 and 75%
36/12 - .00084 and 62%
Both trims.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Need to know the MSRP and the adjusted cap cost - MD has this pesky habit of wanting to tax the entire selling price, which makes lease payments expensive.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 - .00084 and 60%
Packages and options do not affect these numbers.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks for sharing your deal details with us.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP 31890
Selling price 30900
Govt fees 60
Capitalized taxes 802
acq fee 595
Gross capitalized cost 32838
Cash cap reduction 2000
Net cap cost 30838
Cash down 2000
325 monthly payments over 36 months (10k)
20,000 residual
I get $341/mo with your MSRP and net cap cost.
Our suggestion is to limit the up front money to just the first payment and any DMV or registration costs.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Ask the dealer what the breakdown of the $2000 is.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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All before tax. Local tax is 10.25% (Illinois/Chicago)
CX-5 GT+ premium
12k/36m
MSRP: 34,060
negotiated:?
Down: 0
Security deposit: 0
Total cost of lease: 14,220
Monthly payment: 395/m
Can't check the calculations without a selling price and/or adjusted CAP cost.
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