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Thanks for all your input/assistance.
I'll do my best to pass it on.
53% is the 36/15 residual.
MF is marked up.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No MB incentive information
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MB numbers are national.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We only have anecdotal evidence of MSD and autopay ending. Can't tell you for sure
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RWD - .00140 and 58%
AWD - .00139 and 58%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/10k numbers for RWD are still .00140 and 59%, correct?
The money factors we quote are good up to 51 months in term.
Ask him for the money factor and the residual for 39/10.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Michael is .00090 the new MF for this car? All prior pages the MF has been around 1.39-1.40. A MF of .00090 seems much better.
Also can 2000 off MSRP be a realistic amount off? That is what TrueCar is saying but I haven't really started price shopping?.
Yes, .00090 is the November MF
We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00010 discount for Autopay
RV is based off of MSRP
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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
Can I please get RV, MF on GLC 300 RWD 36 months, 12K per year? I'm in Carlsbad, CA.
Also the acquisition fee I was quoted was $1,095.
Here's the breakdown on the first quote I got. Payments seem high for such a high down (which I will be opting to reduce the down payment for higher monthly payments).
$49,805
Acq Fee $1,095
Subtotal $50,900
$8,000 due at lease inception (too high...)
$6,349.72 cap cost reduction
$498.30 tax
$469.75 Reg/Title
$602.23 first payment
$80 doc fee
Total with maintenance plan $51875
36 months $558.91 + $43.32 tax = $602.23
On a vehicle this price what should my minimum required down be, then what would the payment be if they didn't mark up the MF or fees?
Thank you so much!
What is the MSRP? Can't model a payment without it.
Up front cash should be just the first payment and DMV costs (usually 1.1% of MSRP) - everything else should go into 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
Due at signing = $469.75 + $80 + $776.91 1st payment = $1327
Payment = $721.03 +tax = $776.91/mo.
Acquisition fee is marked up from $795 base.
Numbers assume a $2000 discount from MSRP.
Every $1000 reduction on the sale price will lower the payment by about $32/mo.
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Also, what is the expected acquisition fee and doc fees for this model? Are these numbers controlled by the dealer or fixed?
Thanks.
Acquisition fee is $795, set by MBFS.
Doc fee is state or dealer determined, based on where you live.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
During the negotiation process, sales person usually will ask what offer you are looking at/willing to engage. What response we should ask to ensure a good deal without throwing low ball numbers? Thanks.
During the negotiation process, sales person usually will ask what offer you are looking at/willing to engage. What response we should ask to ensure a good deal without throwing low ball numbers? Thanks.
CA allows a max dealer doc fee of $80 (so, every dealer charges $80).
MBFS allows dealers to mark up the doc fee by $300 for extra profit (and, most dealers do)
Ask the dealer for their best offer, including all details (MSRP, selling price, incentives, adjusted CAP cost, etc, etc). Your expectations are none of their business, until you make an offer.
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One technical question:
Assume you have the cash in hand, is that recommended to put Down Payment?
- Saw different forums recommended 0 down pay, but isn’t putting down pay will save you more after 36months since you pay less on the interest?
During the negotiation process, sales person usually will ask what offer you are looking at/willing to engage. What response we should ask to ensure a good deal without throwing low ball numbers? Thanks.
CA allows a max dealer doc fee of $80 (so, every dealer charges $80).
MBFS allows dealers to mark up the doc fee by $300 for extra profit (and, most dealers do)
Ask the dealer for their best offer, including all details (MSRP, selling price, incentives, adjusted CAP cost, etc, etc). Your expectations are none of their business, until you make an offer.
One technical question:
Assume you have the cash in hand, is that recommended to put Down Payment?
- Saw different forums recommended 0 down pay, but isn’t putting down pay will save you more after 36months since you pay less on the interest?
Yes... you'll pay slightly less in finance charges.
But, I recommend putting extra money upfront. First, it obscures the true monthly cost of renting the vehicle. Also, if the lease were to end early, due to accident/theft, then that downpayment money may not be recovered. GAP insurance only covers the lease payoff, not any amount that you put upfront.
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MBFS allows dealers to mark up the doc fee by $300 for extra profit (and, most dealers do)
Ask the dealer for their best offer, including all details (MSRP, selling price, incentives, adjusted CAP cost, etc, etc). Your expectations are none of their business, until you make an offer.
One technical question:
Assume you have the cash in hand, is that recommended to put Down Payment?
- Saw different forums recommended 0 down pay, but isn’t putting down pay will save you more after 36months since you pay less on the interest?
Yes... you'll pay slightly less in finance charges.
But, I recommend putting extra money upfront. First, it obscures the true monthly cost of renting the vehicle. Also, if the lease were to end early, due to accident/theft, then that downpayment money may not be recovered. GAP insurance only covers the lease payoff, not any amount that you put upfront.
Recommend against extra money upfront.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could I please get the RV and MF for a 2018 GLC Coupe 300 AWD in SoCal
24 and 36 months 10k and 12k miles. Also what is the destination/acquisition fee?
What are the things that are due at signing and can't be rolled into the monthly payment?
Thanks in advance!
Assume you have the cash in hand, is that recommended to put Down Payment?
- Saw different forums recommended 0 down pay, but isn’t putting down pay will save you more after 36months since you pay less on the interest?
Yes... you'll pay slightly less in finance charges.
But, I recommend putting extra money upfront. First, it obscures the true monthly cost of renting the vehicle. Also, if the lease were to end early, due to accident/theft, then that downpayment money may not be recovered. GAP insurance only covers the lease payoff, not any amount that you put upfront.
Recommend against extra money upfront.
Good catch.... recommend against extra money upfront.
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Add 1% for 10K/yr
Don't confuse destination and acquisition.
Destination is part of the MSRP
The lease acquisition fee is $795 (dealers can mark up the fee to $1095)
Technically, everything can be rolled into the payment, even the first payment (zero due at signing)
But, you want to pay non-taxable items upfront, as they become taxed if you roll them in.
So, at signing:
1st payment
DMV Fees
$80 doc fee
That's it.. roll everything else in.
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Please see attached for the negotiated deal so far (not done yet) and let me know what you think. Total discount given so far is 3k, file attached is not updated and reflecting only 2.5k.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Pretty nice quote with all of the relevant information. They aren't hiding anything.
As noted, acquisition fee is marked up by $300 and the money factor is marked up by .00010.
Those two items add about $20/mo. to the payment.
Other than the markups, the only way to lower the payment is to negotiate a lower selling price.
Residuals aren't real strong for this vehicle, but you can't fix that.
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In general since the residual is so bad I'm debating if this is a good deal?
With the lease program, it's certainly not a good deal as compared to the SUV, which has a 4% higher residual.
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3 years/15k miles a year. Dealer is quoting me 56% residual and .00151 MF prior to putting down 10 MSDs. After 10 MSDs, MF drops to .00081. I want to make sure these numbers are accurate. Thanks in advance!
.00070 after 10 MSDs
If that's his money factor markup, it's a pretty small one.
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