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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Also, do you know if the Edmunds Lease Calculator includes the full VA sales tax in the lease calculation?
Thanks!
$3000 lease credit
Doubtful that any on-line lease calculator can address the VA sales tax.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$3000 lease credit
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1. 330i sedan 36m/12k -
2. 330i GT 36m/12k -
3. 340i sedan 36m/12k -
4. 340i GT 36m/12k -
Thank you:)
$3000 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36m/15k monthly payment is about $490 with nothing down, I'm also over the miles on the 228 but only by about 1300 so they are waiving the $260.
Am I making a mistake on the lease? Payments would've been around $410 if I didn't have payments left on my 228.
What price are you getting on the 320xi? As it's a demo, you should target 12-15% off MSRP, before incentives ($3000 lease credit and $750 loyalty). Otherwise, might as well get one with next to no miles on it.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
7% off MSRP, less incentives, is your target price.
But, the $2700 will add $75/mo to any deal you negotiate.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you
Add 1% for 10K
$3000 lease credit
MSD program has been discontinued by BMWFS
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Add 1% for 10K/yr
$3000 lease credit
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Can I get the MF and RV for the 340i, 36/12, 36/15?
Any incentives right now? Loyalty cash?
Thank you!!
$3000 lease credit
$750 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But, we don't have any hard evidence on that. If all 7 MSDs can be used, and the per SD reduction is .00005, then .00035 is the correct total reduction.
.00156 is the base MF; .00121 after MSD rollover.
$3000 lease credit
$750 loyalty credit
60% residual is correct for 36/12
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$3000 lease credit
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What should a potential leasee be shooting for in cap cost reduction? Would 7% off MSRP plus the $3750 in incentives be a good deal or should the dealer be willing to lower the cap cost more? In California, incentives are bad for the leasee because you have to pay tax on them.
Residual: 58%
MF: 0.00156
Lease Credit: $3000
Loyalty Bonus: $750
Also what fees should be expected when leasing other than the below?
Acquisition Fee
DMV Fee (TTL)
Document Fee
Thanks!
Customer incentives are taxed almost everywhere. Not specific to California.
Dealer discounts aren't incentives, though.
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Acquisition fee is $925
DMV is set by the state.
Doc fee is set by the dealer, but consider it part of the price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
47,830 MSRP
44,481 Selling price
$1033 down
$479 a month including taxes
They are quoting a MF of 0.00189
Shouldn’t the MF and so forth be this for Ohio?
Residual: 58%
MF: 0.00156
Lease Credit: $3000
Loyalty Bonus: $750
I don’t think they’re discounting the car enough for a loaner - isn’t it supposed to be in the 10-15% range?
Thank you up front!
It's the last day of the month- I'd personally shoot for 15% and the base money factor and see if they even bother to counter or just take it and let you walk out tonight with that bimmer
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello! What is a taxable fee (estimated)? Why should we pay that on lease?
What is the MF for a 3 series in GA? At least, I assume that’s how it works? I’m in MI buying from a GA dealer? It’s a loaner with about 2k miles on it but price seems too high even after the “discount.”
Dealer started by giving a heavy discount, MSRP 58,750, (-5,755 discount)
Cap cost = $53,005
Then less BMW rebates & loyalty credits (-$2,750)
They quoted a $925 acquisition fee + $760 in other dealer fees +$106 on upfront taxes (sales tax is 8.5%)
With $0 drive off, I was quoted a price of $705/mo(incl.tax) (3yr/36k/12k/yr)
Was told MF was .00196 however when I did the calculation with the above parameters, I get a payment of $688 (incl tax)
Then I see on this site the MF for April was .00156 which then brought the payment down to $650
If anyone can confirm why I'm off on the math, I would appreciate it. Could there be a bigger benefit to the dealer by padding the MF but supplying the customer with the illusion of a larger purchase discount?
Thanks!
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Residual reduction of $0.25/mi. ($500 in this case)
$3000 lease credit
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Loyalty is up to $1000
The $760 in other fees is CA DMV fees and $80 dealer doc fee.
Upfront taxes is tax on the rebate, but I would expect it to be closer to $250 or so.
On your calculations up top, I get $659/mo.+tax, which is pretty close.
Since you have $ZERO drive-off, did you add the first payment back into the CAP cost?
.00166 MF would save about $26/mo.+tax over .00196 MF
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$2000 lease credit
$1000 loyalty
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MSRP - $46,895
Lease Credit - $2,000
Dealer Discount - $ 2,697.40
Selling Price - $42,197.60
Dealer fees including MA Registration - $399
Residual (15k miles) - 58%
MF - 0.00166
36 months/15k miles per year: (prices include MA sales tax)
$1,000 due at signing - $595.24
$2,000 due at signing - $ 564.91
$3,000 due at signing - $ 534.59
It includes MA 6.25% sales tax. MF, RV, and lease credit are the same as you posted. The dealer discount is about 5.7%. Is this a good deal? I didn't see any acquisition fee listed. Do those numbers add up?
Thanks!
We usually shoot for 7% off, but that's only $585 more.. About $18/mo. difference
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Can i get residual/mf and any incentives for 36/10k - 2018 BMW 3 Series 330i xDrive Gran Turismo
I am located in NJ
Hello! Thanks so much for all of your work on this great resource.
Can you please take a look at the attached offer I've been given from a dealership in the suburbs of Chicago, IL and advise what the residual value and money factor should be, and if the dealership is using the best possible rates?
This offer was based on a 330i xDrive for 36/10 with an MSRP of $51,375.00.
Can you please also provide the residual value and money factor for 36/12?
Thanks!
$2000 lease credit
$1000 loyalty
But, subtract 4% and $1300 from the residual for the miles.
Oh, and throw out the $2000 lease credit - demos with more than 5000 miles do not qualify for the incentive.
How much off MSRP are they offering? It had better be huge to overcome those hurdles.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The prices are for a purchase, not a lease.
Ask the dealer for the adjusted cap cost used for the payment quote, and how they reached that number from the selling price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is your calculated monthly lease with $0 drive out?
MSRP - $48,845
Selling Price - $38,388
Doc: $699
TTL: $92
Cash Down: $3k
Rebates: $5k
Tax Rate: 7%
Will it be better with 24/10k MF, RV- estimated mo lease?
.00166 and 61%, less 4% and $1475.
Is the $5k incentive in addition to the $10,000 discount from sticker, or part of it?
What does the $3000 down get you?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00166 and 58%
$3000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige