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2020 Outback Onyx XT Quote
andrewf009
Member Posts: 11
I just received a quote on a 2020 Outback Onyx XT with power moonroof package.
Price: $35999 includes destination
Leasing: 10/36
MF: .00080
Residual value: ~60%
Fees/Taxes upfront: $2700
Monthly Payment: $422
Is this a good deal?
Price: $35999 includes destination
Leasing: 10/36
MF: .00080
Residual value: ~60%
Fees/Taxes upfront: $2700
Monthly Payment: $422
Is this a good deal?
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Comments
What is the selling price?
Adjusted CAP cost?
What is your location?
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Selling Price: $35999 (was told it was $400 above invoice)
Adjusted CAP cost: need to find out
Location: 11793
.00080 is the base MF
Make sure you have a breakdown of the $2700 upfront, and that all of the items are correct.
With the correct residual, and using the sale price as the adjusted CAP, I calculate $408/mo.
$418/mo. using their residual (which is correct for 36/12)
That's pretty close.
$1350 tax
$595 acquisition fee
$300 DMV/doc
$422 1st payment
$2667 total. Very close to $2700 (plus, I estimated)
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With the MSRP and selling price given, I calculate $408/mo. If I add the $595 acquisition fee to the selling price, payment goes to $425/mo.
Find out the following:
1. Exact cap cost the dealer is using
2. What's been added to the selling price to reach that number
3. Full itemization of the $2700 due at signing
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4