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12k 36 months
need to know money factor,residual and lease cash?
No lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2018 Elite
MSRP. $47,610
Southern CA. LA county
Sale Price: $43,250
$0 down drive off
12K miles / year, 3 years
MF .0021. Residual 59%
Monthly lease payment including tax: $685
Does Honda require 1 payment as security deposit to bring the MF down to 0.0021? I think title is about $350.
Thanks
Ask the dealer for the adjusted cap cost, and make sure you understand what was added to and subtracted from the selling price to get that number.
I thought one security deposit brought the MF down to .00200
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Can anyone share the money factor and residual for a 2018 Odyssey EX-L for a 24 month term and 12K miles/year?
Thank you in advance!
62% residual for 36/12
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
He quoted me $42870 purchase price. I have a trade in worth $6K after the bank note is paid off. He said he wasn't charging me any dealer fees, and tax, title and docs are not included in the purchase price. He did say he had to charge a $640 acquisition fee. I was quoted $516/month. When he saw the look on my face he did say he would lower it to $499/month. Does this sound right? Sorry, I've never leased or traded in a car before.
He quoted me $42870 purchase price. I have a trade in worth $6K after the bank note is paid off. He said he wasn't charging me any dealer fees, and tax, title and docs are not included in the purchase price. He did say he had to charge a $640 acquisition fee. I was quoted $516/month. When he saw the look on my face he did say he would lower it to $499/month. Does this sound right? Sorry, I've never leased or traded in a car before.
The Honda numbers are a little confusing. The base MF is .00210, unless you pay a security deposit, which brings it down to .00200.
The base rate for 24 month leases is .00300, so far as we can tell.
The acquisition fee for Honda is $595; was not aware the dealer could mark it up.
The number you want from the dealer is the adjusted cap cost - this is the selling price plus any taxes or fees you aren't paying up front.
NY taxes the sum of the payments; we suggest you add them to the adjusted cap cost.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
EX-L/Touring/Elite
36/12 and 36/15
Virginia
Add 2% for 12K/yr
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Honda does not offer 10K/yr
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
We show .00200 from Honda Finance; confirm with your dealer what bank they are quoting from?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The price they quoted me was $43680
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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
Yesterday, I was quoted .0033 MF with 60% residual on a 2018 Oddysey EX-L w/ NAV & entertainment. This is N. Cal. 94563. What!?!? That's 7.44%, and i am top credit score (literally, 850 out of 850).
I've reached out to the manager for more info about MF rate. Could you supply rates for 36mo/12k in 94563?
Ask the dealer to give you the base MF, or start shopping around (maybe, do both)
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00200 and 59% (EX) or 61% (EX-L)
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Thanks very much for your helpful service here!
Subtract 2% for 39 months, 4% for 42 months
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Researching the new 2018 Odyssey Elite. What is the MF and residual for the Elite (15K, 36 months) in the Northwest?
Thank you!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I am looking at a 2018 Odyssey Elite 12K, 36months in NJ. Can you please help me with the MF and Residual. Thx!
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Lease Duration: 39Months
Mileage: 10K per year.
MF: 0.0021
Residual: 57%
They say they are using Honda Finance. Do these lease terms look right to you?
Now for their quote:
Negotiated sale price: 43,316
Cap Cost Reduction: $1000
Quote: $630 per month
I ran the numbers using multiple lease calculators and my monthly is coming close to $571 (inclusive of NJ tax). So any help with validating my calculation over theirs would be much appreciated.
Thanks!
What is the MSRP?
What is the total amount due at signing?
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They did not give a total number due at signing. But they did say $1000 downpayment. Will update once I check back with them.
Also they did not provide any acquisition fee. I suspect they have tacked on some other fees that they have not disclosed or my calculations are wrong.
Thanks for the help.
Yes, review all the paperwork carefully for junk fees. And, don't be afraid to get up and walk away if you aren't comfortable with any of the numbers, or they aren't explained to your satisfaction.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
If you have moment can you check if my calcs are wrong for the terms I outlined above.
Thanks a lot!
So.. about $2400 above their sale price
That's about right.
$595 acquisition fee
$300 DMV fees
$300 dealer/doc fee
Tax..
Of course, I didn't figure in any CAP reduction, because we aren't certain of the due at signing amount.
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Based on the quote they gave me it already includes the doc fee of $399. Tax was also already included in the quote. So it should be acquisition fee and DMV fees only that I can see. Which means $900. Which still leaves about a $1500 gap in the calculation. Thanks for your help. I am going to press them to see where this is coming from.
Dealing with these dealers is so frustrating. A different dealer I went to would not provide any of the underlying numbers at all. Sigh
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