Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00131 MF and 54% residual
$1000 winter sales event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
39/10 - .00183 and 57%
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Terms: 12K Miles for 39 months
They are giving me a monthly price of $1095.29
MF: .00171
Amount Due at Signing:
1st month payment
Acquisition Fee: $895
Fees and Insurance: $367.00
Doc Fee - $75
Inspection Fee - $10
License Fee - $270
Tire Fee - $12.50
Upfront Taxes: $3854.19
Total Inception Fees: $6211.98
Rebate as Cap Reduction: $1,000
Total Drive Off - $7211.96
Total Cash Required on Delivery: $6211.98 (not sure about this either) - wouldnt the rebate bring the total drive off amount to $5211.96, NOT $7211.96? Why would it add $1000?
Purchase Option at end of Lease: $38,075.28
Disposition Fee: $495.00
Zip code: 11542
At first look, this deal seems off - seems way too high. Any suggestions?
What trim/engine?
$7211 is the total drive-off. $6211 out of your pocket (to cover all upfront amounts), and $1000 rebate, with the rebate applied as a CAP cost reduction
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
He gave me a really bad price previously, but I then got a cosignor with a much better credit score and this is the new monthly payment I got.
I'm still not understanding the rebate above. On the previous deal (where it was based on my credit score), the due at signing amounts were all the exact same except on that offer, it didn't include a rebate. The out of pocket was still $6211 prior. The only difference on this offer is that they included the 1000 rebate. I don't get how a rebate of 1000 brings UP my amount due at signing. I'll post exactly how the offer sheets look (both the current and the previous)
In other words, this is the way it is laid out in the current offer (based on the better credit):
Payment Deals
Term: 39 months
Base Payment: $1095.29
Total Payment: $1095.29
Purchase Option: $38075.28
MSRP: $73990
Est. Miles Per Year: 12000
Disposition Fee: $495
Excess Mileage Charge: 0.30
Amount Due at Signing
1st Month Payment: $1095.29
Acquisition Fee $895.00
Fees & Insurance $367.50
Upfront Taxes $3854.19
Total Inception Fees $6211.98
Rebate as Cap Reduction $1000
Total Drive Off $7211.98
Total Cash Required on Delivery $6211.98
The previous offer (based on my worse credit) had it laid out like below:
Payment Deals
Term: 39 months
Base Payment: $1199.62
Total Payment: $1199.62
Purchase Option: $38075.28
MSRP: $73990
Est. Miles Per Year: 12000
Disposition Fee: $495
Excess Mileage Charge: 0.30
Amount Due at Signing
1st Month Payment: $1199.62
Acquisition Fee $895.00
Fees & Insurance $367.50
Upfront Taxes $4118.88
Total Inception Fees $6581.00
*There is no "Total Drive off" or Rebate portion - he said this rebate just popped up (in between when I got the first offer and this newer offer above
Total Cash Required on Delivery: $6581.00
My apologies for the long post - any help is appreciated. I really want to get a deal done ASAP.
Drive-off is the total amount of cash available. (your cash + the rebate)
Your $6211 pays the upfront charges
The $1000 rebate is used to reduce the CAP cost (a downpayment).
What trim and engine?
Negotiating price after you've ordered was a mistake. You don't have any leverage.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Also, what's a reasonable or average discount off the MSRP for the velar?
Thank you!
$1000 Winter Event bonus
Research pricing targets, here:
https://www.edmunds.com/tmv.html
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
So am I getting ripped off? Do I have any bargaining power whatsoever?
It looks to me like they are charging you $2000 over MSRP, before applying the rebate, then marking up the money factor, as well.
Is it a bad deal? Yes, it's a very bad deal.
Your leverage? Only if your are willing to walk away from it. Ordering "your" car without first negotiating the deal does not help you much.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Does the mf change with credit score? Sorry I am very inexperienced with this admittedly but I'm not understanding the MF you listed vs the MF they gave me. In what situations should there be the .00131 MF? Is that an average in the area? Because like I said, using just my credit, they were giving me a .00326 MF.
What should I tell the dealer? I just want to explain why this current deal is bad and what it realistically should be.
Thank you very much for all your answers and help. I really appreciate it.
The rates we give are for top tier credit.
But, dealers can markup the rate for extra profit, regardless of your credit tier.
The dealer knows why the deal is bad. That's their goal. To get you to sign a bad deal.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
But, you can still negotiate the selling price when you place the order.
At that point, you only have to worry about the lease program in effect when you complete the deal. LR dealers are famous for marking up the MF astronomically.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Would you kindly provide the December program for both 2019 P250 R Dynamic SE
Zip 01852
36 or 39 months/ 10k
Any incentives?
Thank you!
39/10: .00131 MF and 55% residual
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
.00183 and 57%
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2019 P250 R Dynamic SE
MSRP $68,200
Zip 77006
36 or 39 months
7.5k miles
Any incentives?
Thank you!
.00131 MF and 56% residual
$1000 winter sales event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks!
.00183 and 58%
$1000 Winter Sales Event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
39/12
250 SE: .00131 MF and 54% residual
380 SE: .00080 MF and 52% residual
Yes, $1000 on either
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Nationwide
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
https://www.edmunds.com/tmv.html
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Can you tell me the RV and MF for:
2019 P250 R-Dynamic SE, 36/10k, Zip: 92591
+ I assume $1000 winter bonus ?
Thank you!
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00183 and 57%
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36mth/15k mi
250 SE: .00131 MF and 52% residual
$1000 winter event bonus
We don't have any numbers for a 250 HSE model.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
39/15: .00080 MF and 50% residual
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
39/12K
37027
TIA!
180S: .00176 MF and 57% residual
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Trim: 2019 LR Range Rover Velar P380 R-Dynamic HSE
.00043 and 50%
$1000 Winter Event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2019 P250 Base
MSRP $52,000
Zip 60654
36 or 39 months
10k miles
Incentives?
Thank you!
.00183 MF and 57% residual
$1000 winter event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
37027
39/12k
.00183 mf
56% res
2019 velar 250s
$62216 Msrp
$59717 sales price
$895 acquisition
$378 doc
$68 license
$72 cap fee
$1030 cap taxes (I thought in tenn you only paid tax on monthly payment?)
$1000 rebate
$10500 down
First payment $617
Monthly payment $617 (577 + 40 tax)
Anywhere we can trim. Trying to get to $550 total payment. He’s saying best they can do😏😏😏
(That's where the upfront tax is coming from)
.00183 MF and 56% residual is correct.
$1000 winter sales event bonus
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator