MF, residual and incentives for a 2021 Pro RWD ; Pro S RWD for 36/10k in zip code 33025?
Am I correct in thinking lease incentives depend on state? I've noticed some get 7500 others dont.
.00143 MF and 49% residual $7500 lease cash
Numbers on this model are the same, nationwide
I just spoke with a sales rep in a dealership and he said "It may apply depending on your tax liability" which I agree if I am financing.. but for leasing.. do you think he just was misinformed?
MF, residual and incentives for a 2021 Pro RWD ; Pro S RWD for 36/10k in zip code 33025?
Am I correct in thinking lease incentives depend on state? I've noticed some get 7500 others dont.
.00143 MF and 49% residual $7500 lease cash
Numbers on this model are the same, nationwide
I just spoke with a sales rep in a dealership and he said "It may apply depending on your tax liability" which I agree if I am financing.. but for leasing.. do you think he just was misinformed?
I have found that sales reps at dealerships are often misinformed.
You may get a better answer from the finance manager .... but, you may not.
MF, residual and incentives for a 2021 Pro RWD ; Pro S RWD for 36/10k in zip code 33025?
Am I correct in thinking lease incentives depend on state? I've noticed some get 7500 others dont.
.00143 MF and 49% residual $7500 lease cash
Numbers on this model are the same, nationwide
I just spoke with a sales rep in a dealership and he said "It may apply depending on your tax liability" which I agree if I am financing.. but for leasing.. do you think he just was misinformed?
I have found that sales reps at dealerships are often misinformed.
You may get a better answer from the finance manager .... but, you may not.
THhank you I appreciate your advice... I will try but its funny they tank the residual value to make the incentive attractive.
MF, residual and incentives for a 2021 Pro RWD ; Pro S RWD for 36/10k in zip code 33025?
Am I correct in thinking lease incentives depend on state? I've noticed some get 7500 others dont.
.00143 MF and 49% residual $7500 lease cash
Numbers on this model are the same, nationwide
I just spoke with a sales rep in a dealership and he said "It may apply depending on your tax liability" which I agree if I am financing.. but for leasing.. do you think he just was misinformed?
I have found that sales reps at dealerships are often misinformed.
You may get a better answer from the finance manager .... but, you may not.
THhank you I appreciate your advice... I will try but its funny they tank the residual value to make the incentive attractive.
The bean counters at the bank set the residual value - one has nothing to do with the other.
My ID.4 AWD arrived yesterday at my dealer. This morning they sent me a lease offer that is much less favorable than what VW offered when I ordered the car a year ago, and not in line with the residual values and money factors I see on this forum. Any advice on what I should do?
My ID.4 AWD arrived yesterday at my dealer. This morning they sent me a lease offer that is much less favorable than what VW offered when I ordered the car a year ago, and not in line with the residual values and money factors I see on this forum. Any advice on what I should do?
My dealer offers me a monthly payment of $671 for my car, for a 36/15 lease. He won't tell me how he arrived at this number.
My own calculations are as follows:
We start with an MSRP of $51,265, as shown on the Monroney label, and including destination charges. We subtract $500 for my down payment, $7500 for the Federal tax credit, and $4000 for the Vermont tax credit. This leaves our net cost at $39,265.
With a residual value of 46% of MSRP, the car should be worth $23,582 at the end of three years. Thus the lease amount is $15,683.
Add to this the state tax of 6%, or $941; VW's lease fee of $700; the dealer's documentation fee of $400; and a Vermont Registration fee of $117; and we get total payments of $17,841.
Add to this a money factor of .00143, or $918, for a total of $18,759 in payments. Over 36 payments, that’s $521 per month.
My dealer offers me a monthly payment of $671 for my car, for a 36/15 lease. He won't tell me how he arrived at this number.
My own calculations are as follows:
We start with an MSRP of $51,265, as shown on the Monroney label, and including destination charges. We subtract $500 for my down payment, $7500 for the Federal tax credit, and $4000 for the Vermont tax credit. This leaves our net cost at $39,265.
With a residual value of 46% of MSRP, the car should be worth $23,582 at the end of three years. Thus the lease amount is $15,683.
Add to this the state tax of 6%, or $941; VW's lease fee of $700; the dealer's documentation fee of $400; and a Vermont Registration fee of $117; and we get total payments of $17,841.
Add to this a money factor of .00143, or $918, for a total of $18,759 in payments. Over 36 payments, that’s $521 per month.
Please tell me where my calculation is faulty.
Thank you.
The dealer has to show you how they arrived at the number. It will be on the lease contract.
But, a couple of notes.
Appears that VT charges 6% tax on the difference between agreed value and residual. Agreed value will be the selling price, before rebates and down payments. This would impute a taxable amount of $35,582, as the selling price is MSRP (before reducing by rebates). $2134 tax vs your computation of $941.
Depreciation / term = $19034 / 36 = $528.73/mo Monthly rent charge = (Adjusted CAP + residual) = $66198 X .00143 = $94.66/mo.
$528.73 +$94.66 = $623.39 monthly payment.
That's assuming you make another payment of $623 at lease signing (for the first payment. If you are making no further payment, the payment would be closer to $641/mo.
I've made a lot of assumptions, based on your post. But, if you get the actual numbers from the dealer, you might see where the differences actually lie. I'm about $30/mo. lower than the dealer, but I'm guessing on a few things.
The biggest issues with your calculation that I see, is that I think you've miscalculated the sales tax, and also the amounts that are subject to the money factor.
The dealer finally sent me a fuzzy screen shot of his lease calculations. Looks like he has doubled the money factor to 0.0028, despite my near-perfect credit rating, causing an $80 per month jump on the monthly payment. He will not budge -- take it or leave it. But alas, I have been waiting a year for this car, and none similar are available anywhere nearby. So it looks like he has me over a barrel.
The dealer finally sent me a fuzzy screen shot of his lease calculations. Looks like he has doubled the money factor to 0.0028, despite my near-perfect credit rating, causing an $80 per month jump on the monthly payment. He will not budge -- take it or leave it. But alas, I have been waiting a year for this car, and none similar are available anywhere nearby. So it looks like he has me over a barrel.
Hello may i please get mf, rv and incentives for ID 4 pro s 2021. 36/10 zip code 33157. Thank you.
.00143 MF and 49% RV $7500 lease cash
Apologies for my ignorance, but is this 7500 the federal ev tax credit? If not can i get it in the next tax year? Or is only for purchased cars not leases? Thank you for the info.
Hello may i please get mf, rv and incentives for ID 4 pro s 2021. 36/10 zip code 33157. Thank you.
.00143 MF and 49% RV $7500 lease cash
Apologies for my ignorance, but is this 7500 the federal ev tax credit? If not can i get it in the next tax year? Or is only for purchased cars not leases? Thank you for the info.
It is the equivalent of the tax credit.
You only get to claim the credit when you purchase, not lease.
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Robert, Is this a 2022 or a 2021? Also, what's the price you negotiated and how much is the monthly payment coming upto? Thank you very much in advance.
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Robert, Is this a 2022 or a 2021? Also, what's the price you negotiated and how much is the monthly payment coming upto? Thank you very much in advance.
Sorry for the late reply, just saw this. It was for a 2021, but the local dealer will do MSRP on an order with 6-8 months lead time. I think those might be 2022 models.
I'm getting about $623/mo for a 36/12K lease with the current numbers and $7500 lease cash. That's with 8.25% tax
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Robert, Is this a 2022 or a 2021? Also, what's the price you negotiated and how much is the monthly payment coming upto? Thank you very much in advance.
Sorry for the late reply, just saw this. It was for a 2021, but the local dealer will do MSRP on an order with 6-8 months lead time. I think those might be 2022 models.
I'm getting about $623/mo for a 36/12K lease with the current numbers and $7500 lease cash. That's with 8.25% tax
We don't have any of the numbers for a 2022 model. If we did, they wouldn't be valid six months from now.
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Robert, Is this a 2022 or a 2021? Also, what's the price you negotiated and how much is the monthly payment coming upto? Thank you very much in advance.
Sorry for the late reply, just saw this. It was for a 2021, but the local dealer will do MSRP on an order with 6-8 months lead time. I think those might be 2022 models.
I'm getting about $623/mo for a 36/12K lease with the current numbers and $7500 lease cash. That's with 8.25% tax
Where are you located? I just placed an order for an ID.4, and was told 8-12 months to delivery.
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Robert, Is this a 2022 or a 2021? Also, what's the price you negotiated and how much is the monthly payment coming upto? Thank you very much in advance.
Sorry for the late reply, just saw this. It was for a 2021, but the local dealer will do MSRP on an order with 6-8 months lead time. I think those might be 2022 models.
I'm getting about $623/mo for a 36/12K lease with the current numbers and $7500 lease cash. That's with 8.25% tax
Where are you located? I just placed an order for an ID.4, and was told 8-12 months to delivery.
I'm in the SF Bay Area. Maybe my dealer is being overly optimistic.
Hey guys. Is there a 36/12K lease for a Pro S RWD? If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920. Thanks for all you are doing in these challenging times of car buying!
Robert, Is this a 2022 or a 2021? Also, what's the price you negotiated and how much is the monthly payment coming upto? Thank you very much in advance.
Sorry for the late reply, just saw this. It was for a 2021, but the local dealer will do MSRP on an order with 6-8 months lead time. I think those might be 2022 models.
I'm getting about $623/mo for a 36/12K lease with the current numbers and $7500 lease cash. That's with 8.25% tax
Where are you located? I just placed an order for an ID.4, and was told 8-12 months to delivery.
I'm in the SF Bay Area. Maybe my dealer is being overly optimistic.
Well, lots of folks are eagerly anticipating the TN plant coming on-line later this year, to help with the backlog.
Comments
$7500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$7500 lease cash
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MF, residual and incentives for a 2021 Pro RWD ; Pro S RWD for 36/10k in zip code 33025?
Am I correct in thinking lease incentives depend on state? I've noticed some get 7500 others dont.
$7500 lease cash
Numbers on this model are the same, nationwide
Edmunds Price Checker
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Edmunds Moderator
You may get a better answer from the finance manager .... but, you may not.
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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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
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My own calculations are as follows:
We start with an MSRP of $51,265, as shown on the Monroney label, and including destination charges.
We subtract $500 for my down payment, $7500 for the Federal tax credit, and $4000 for the Vermont tax credit. This leaves our net cost at $39,265.
With a residual value of 46% of MSRP, the car should be worth $23,582 at the end of three years. Thus the lease amount is $15,683.
Add to this the state tax of 6%, or $941; VW's lease fee of $700; the dealer's documentation fee of $400; and a Vermont Registration fee of $117; and we get total payments of $17,841.
Add to this a money factor of .00143, or $918, for a total of $18,759 in payments. Over 36 payments, that’s $521 per month.
Please tell me where my calculation is faulty.
Thank you.
But, a couple of notes.
Appears that VT charges 6% tax on the difference between agreed value and residual. Agreed value will be the selling price, before rebates and down payments.
This would impute a taxable amount of $35,582, as the selling price is MSRP (before reducing by rebates).
$2134 tax vs your computation of $941.
Adjusted CAP cost:
$39265
+2134 (my tax calculation)
+700
+400
+117
= $42,616 adjusted CAP
- $23,582 residual
= $19034 depreciation
Depreciation / term = $19034 / 36 = $528.73/mo
Monthly rent charge = (Adjusted CAP + residual) = $66198 X .00143 = $94.66/mo.
$528.73
+$94.66
= $623.39 monthly payment.
That's assuming you make another payment of $623 at lease signing (for the first payment. If you are making no further payment, the payment would be closer to $641/mo.
I've made a lot of assumptions, based on your post. But, if you get the actual numbers from the dealer, you might see where the differences actually lie. I'm about $30/mo. lower than the dealer, but I'm guessing on a few things.
The biggest issues with your calculation that I see, is that I think you've miscalculated the sales tax, and also the amounts that are subject to the money factor.
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$7500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
12k mi/year
15k mi/year
24/36/39/48 mo terms
zip 90404
Thank You
36/15 - .00143 and 46%
39/15 - .00143 and 44%
48/15 - .00163 and 39%
$7500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
12k mi/year
15k mi/year
24/36/39/48 mo terms
zip 48331
.00143 MF and 53% residual
.00143 MF and 46% residual
.00143 MF and 44% residual
.00163 MF and 39% residual
$7500 lease cash
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$7500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
You only get to claim the credit when you purchase, not lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
May I get the mf, rv and incentives for iD 4 pro s 2021 in zip code 94014.
24/15
36/15
48/15
.00143 MF and 46% residual
.00163 MF and 39% residual
$7500 lease cash
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If not, can I confirm the numbers for 36/10K and 36/15K Pro S RWD at 94920.
Thanks for all you are doing in these challenging times of car buying!
$7500 lease cash
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Is this a 2022 or a 2021? Also, what's the price you negotiated and how much is the monthly payment coming upto? Thank you very much in advance.
I'm getting about $623/mo for a 36/12K lease with the current numbers and $7500 lease cash. That's with 8.25% tax
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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 / 2024 Kia Sportage Hybrid SX Prestige
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00143 MF and 48%
.00163 MF and 43%
$7500 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
May I please get the MF, RV, and incentives for the 21 pro s AWD, 36/39/48 7.5K, zip code: 08610
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