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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The money factor bump adds about $25/mo. Wouldn't hurt to take a shot at getting the base rate. That's $900.
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msrp: $56,245
dealer discount: $7,250 (includes $1000 OL code for bmw drive event)
sale price: $48,995
rebates: $1500 (loyalty)
mf: 0.00151 (after 7 MSDs)
residual: 59% on 10kmil/36m lease
monthly payment: $559 (incl tax)
drive off amount: $6,712
$4200 (multiple security)
$559.69 First month
$499 doc fee
$280 DMV (estimate)
$248.31 (front up taxes)
$925 bank fee
What do you think of this deal?I'm only a few dollars off that payment calculation - the base MF would save you $15-20/mo
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
does the drive off amount look high and include anything which can be negotiated?
The only thing to negotiate is the money factor or the sale price. If they won't budge on the money factor, ask for $500 more off.
If you want less money upfront, ask them to roll the acquisition fee and dealer fee into the CAP cost. Of course, your payment will go up accordingly.
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.00166 and 56%
Both years
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
So, I'm looking for help on evaluating a quote I just got for a 2019 x3, zip 01760
msrp: $50,695
selling price: $46,600
Government Fees: $170
Proc/Doc Fees: $429
Service Contract: $249
Acq fee: $925
Gross Cap: $47,673
Residual: $29,910
Rebate: $1000 (conquest)
Cash Cap Reduction: $2500 (downpayment and they salesperson said MSD were no longer an option)
Net Cap Cost: $45,501
Amount Paid by Customer: $2,500
She went further to break down all fees, which I've included here for transparancy
$595 first month
$995 acq fee
$429 doc fee
$170 TTL
6.25% tax
Thoughts on this?
I get $558/mo with those prices
.00166 and 59% for 36/10
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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
Can you help me confirm this quote’s numbers on a 36/10 lease in NJ (07078)?
Selling price: $56984.00
I believe it should be MF 0.00166 which becomes 0.00131 after 7 MSD’s (I know you don’t have MSD info). Just want to make sure nothing has been marked up or snuck in. I couldn’t get any calculators to add up the same, partly because they don’t have NJ luxury tax, and I don’t know how to calculate it.
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Can you help me confirm this quote’s numbers on a 36/10 lease in NJ (07078)?
Selling price: $56984.00
I believe it should be MF 0.00166 which becomes 0.00131 after 7 MSD’s (I know you don’t have MSD info). Just want to make sure nothing has been marked up or snuck in. I couldn’t get any calculators to add up the same, partly because they don’t have NJ luxury tax, and I don’t know how to calculate it.
If the money factor is .00131, then the adjusted CAP cost has to be about $59000 to get that payment.
Adding up your amounts, that leaves about $2400 for tax, which seems like too much.
I'd just ask for the money factor and adjusted CAP. Why guess?
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Adding up your amounts, that leaves about $2400 for tax, which seems like too much.
I'd just ask for the money factor and adjusted CAP. Why guess?
.00131 is what they told me. Just want to re-create the payment to confirm. Sorry for the amateur question, but selling price they gave me isn’t adjusted cap cost?
Adjusted CAP cost = selling price + items not paid upfront - rebates/cap reductions
For instance, NJ collects sales tax upfront, so that would be in the adjusted CAP cost, as well.
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2019 X3 xDr30i
Black Sapphire Metallic
Canberra Beige
19" v-spoke wheels
Driving Assistance Package
Heated Steering Wheel
Panoramic Roof
Heated Front Seats
MSRP $47,685
Sale Price $44,721.40
Down $3684.13 which includes tax (10461 zip), 1st payment, Bank Fee and registration
$550 monthly
MF .00166
RV 58%
36 months/12k miles a year
Thanks in advance!
Edit:
I requested more information about the down payment and was told the following...
Initial payment of $5154.13 - $1500 cap cost reduction = $3654.13 out of pocket. That includes...
$550 1st payment
$75 Doc Fee ???
$125 Upfront Fees ???
$1979.13 Taxes
$925 Other Upfront Charges ???
Every dealer in NY charges a $75 doc fee (max allowed by NY)
$125 looks like DMV charges (title/registration/plates)
$925 is the acquisition fee
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2019 BMW X3 M40i
MSRP = 67970
Selling price = 61,900
36/12 Lease
MF = .00186
Residual = 58%
Acq Fee = $925
Tags/Other = $352
Sales Tax = 6.25%
Money Down = 0
Monthly Payment = $958.42 including taxes
With the numbers given, I get $864/mo, tax included.
Find out the CAP cost, and how they got there from the selling price. About $3400 difference.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
https://forums.edmunds.com/discussion/46977/bmw/x3/2018-bmw-x3-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$58,320.74 cap cost, based on:
$57,484.27 selling price
-$2000 rebates (taxable)
+$925 acquisition
+$299 doc fee
+$357.50 DMV
+$1,179.48 (6.625% upfront nj sales tax, but not sure what amount is taxed)
+75.49 (0.4% luxury tax, same as above, not sure on what amount)
59% residual
0.00131 MF
$65,445 MSRP
$38,612.55 residual value
36 month
What did I do wrong?
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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
please let me know if I can do better on this. zip 11713 NY
Can you just explain how he is coming up with the over $5k initial payment. im confused with that and take off the 1100 for the trade in I'm not going to do that.
Did they give you that adjusted CAP? Or, is that your calculation?
Did they give you that money factor? Or, is that your assumption?
The answers to those two questions will likely clear up any discrepancies. It's just math.
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In FL, I see 2.25% APR financing plus $2000 rebate
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https://forums.edmunds.com/discussion/46977/bmw/x3/2018-bmw-x3-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
- These are for leasing from an out of state dealer and tag/titled in NC.
- Inceptions (#5) includes only DMV fee of 125 + doc fee of 299.
- Calculation assumes dealer will let the lessee pay the monthly NC tax as opposed to upfront payment of full tax.
- Dealer discount at 11%
- Doesn't qualify for any current rebates and no down payment. Hence adjusted cap cost is same as cap cost.
- Rent Charge = (Residual + Adj Cap Cost)* MF.
- Money factor after 7 MSDs (assuming dealer will entertain it)
Should the first payment be added to inceptions ? In that case, monthly payment shoots up to 799 ?
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The dealer doesn't determine how tax is applied. The tax is calculated where you register the vehicle. BMWFS can help the dealer with any calculation.
Your calculations are correct, with those assumptions.
I doubt you can get that sale price.
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1) Can the acquisition fee added to the Cap Cost so that it's rolled into the monthly payment ?
2) We don't consider the FIRST lease payment in any of these line items right ? It's just an amount you owe along with other DAS items ?
2) Correct, it's just an amount you owe at lease signing.
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I'm hoping you can help clear up a few things for me as well as your thoughts on the deal. Shopping 2019 X3 m40i in 77004 (Houston, TX). This is the current best offer I have, which they say is with a 59% residual, MF 0.00166:
I would be using the 10k/yr 36 mos term, so $1052/mos & $1447 down.
However, when I run the numbers, I come up ~$30 below them, which adds up to over $1000 over the course of the term. Here are my calculations below...What am I missing? Thank you in advance for your time & assistance!
MSRP $69,270.00
Negotiated $66,200.00
Discount 4.43%
Tax $4,137.50
Residual Value $40,869.30
Depreciation $25,330.70
Rent Charge (MF=0.00166) $6,398.46
Interest (APR) 3.98
Acquisition Fee $925.00
Monthly Depreciation $703.63
Monthly Tax $114.93
Monthly Acquisition Fee $25.69
Monthly Rent Charge $177.74
Lease $1,021.99
$1052 of that $1447 goes toward the first payment. Add that back into your CAP cost, and you should get the same number they do.
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.00166 MF
56% residual for 36/15
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2018 BMW X3 Xdrive30i 36/15
MSRP $51,935
Dealer Discount 5.78% ($3,000)
Fees $1,246
Cap Cost $50,131
Incentive $1500
MF .00199
Buy Rate .00196
Residual .56
Payment $699.57
You should target 7% off MSRP as your selling price.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4