Hello. Can I please get the money factor and residual for a Genesis GV70 2.5T for trims Select, Advanced and Sport Prestige? 36/10k & 36/12k for zip code 03064. Thanks in advance.
36/12 .00171 MF and 55% residual No lease incentives
Can a dealer increase the money factor (MF), say from .00171 to .00211, simply "because if we aren't charging over MSRP currently then our finance manager needs to make money somewhere"? I called them out on it and you could tell they were uncomfortable with how much I knew of all the numbers and terms. Ultimately, when factoring out payments the increase in the MF would be 1,800 over MSRP. Seems they are robbing Mary to pay Paul as they say. I would rather they just say they are charging over MSRP as a market adjustment rather than hiding it in the MF. Perhaps it is in their right, albeit unethical, but I thought the MF was set a corporate level and that was non-negotiable. Please let me know your thoughts either way. I'm inclined to reach out to Genesis corporate. Thank you!
Yes, the dealer can mark up the MF by .00040, which they tried to do to you.
That's why knowing the numbers up front can help in those negotiations.
It's really a matter of who gets the bigger commission - the salesman (price over MSRP) or the finance manager (marked up MF).
Ideally, you'd prefer neither, but I'm not sure that's feasible in today's market. Pick your battles.
That was really helpful. Thank you very much! As much as we like the GV70, may go with the Volvo XC60 and avoid the games the Genesis dealers are playing. I'll report back. Thanks again!
I am struggling to match the numbers and hope you can help. I used the online Edmunds Lease Calculator also.
MSRP 51320 (is also the selling price) 36/10 MF .00171 Residual 56% Zip 08550 Dealer Doc Fees 175 Acquisition Fees 750
I plan to pay all the fees as down payment.
Now, when I reduce the residual from the MSRP, I get $22,511, which equates to $625 as base payment. Online calculator shows the following -
Lease Payment (excluding Taxes and Fees): $764. How do we get $764 on a base $625 payment with 4.1%?
Also, the taxes show $1,895, shouldn't the taxes be charged only on the Selling Price - Residual i.e. on $22,511 = $1491
with this MSRP car, I was under the impression the payment will be $625+ 4.1% interest on reducing balance + tax of 6.625% i.e. ~$670. Online calculator shows ~$800.
I am struggling to match the numbers and hope you can help. I used the online Edmunds Lease Calculator also.
MSRP 51320 (is also the selling price) 36/10 MF .00171 Residual 56% Zip 08550 Dealer Doc Fees 175 Acquisition Fees 750
I plan to pay all the fees as down payment.
Now, when I reduce the residual from the MSRP, I get $22,511, which equates to $625 as base payment. Online calculator shows the following -
Lease Payment (excluding Taxes and Fees): $764. How do we get $764 on a base $625 payment with 4.1%?
Also, the taxes show $1,895, shouldn't the taxes be charged only on the Selling Price - Residual i.e. on $22,511 = $1491
with this MSRP car, I was under the impression the payment will be $625+ 4.1% interest on reducing balance + tax of 6.625% i.e. ~$670. Online calculator shows ~$800.
That's not how the interest is calculated on a lease.
$764 is the correct, pre-tax payment.
The monthly rent charge is calculated as follows:
(cap cost + residual value) multiplied by the MF decimal value.
You are paying the rent charge across the entire amount financed, not just the depreciation amount.
I'd like to see if there is info for a 2022 GV70 3.5 Prestige for zip code 78728 for a 3yr/36k. Any info on MF, residual, and incentives would be appreciated!
I'd like to see if there is info for a 2022 GV70 3.5 Prestige for zip code 78728 for a 3yr/36k. Any info on MF, residual, and incentives would be appreciated!
Good morning! I'm looking for residual value, incentives, and MF for 2022 GV70 2.5 T (Standard). 36 months/10,000 miles/year in zip code 77429. Thank you!
Good morning! I'm looking for residual value, incentives, and MF for 2022 GV70 2.5 T (Standard). 36 months/10,000 miles/year in zip code 77429. Thank you!
Hi,
Looking for a new car. Can you provide MF, RV, incentives for 3.5t sport prestige, 36/10k (does genesis offer longer lease terms, if so, numbers for that as well)? 78132
Looking for a new car. Can you provide MF, RV, incentives for 3.5t sport prestige, 36/10k (does genesis offer longer lease terms, if so, numbers for that as well)? 78132
Looking for a new car. Can you provide MF, RV, incentives for 3.5t sport prestige, 36/10k (does genesis offer longer lease terms, if so, numbers for that as well)? 78132
.00082 MF and 56% residual
48/10 .00208 MF and 40% residual
No lease incentives
Me again, trying to find something. Are the numbers for a 2.5T advance or prestige .00171 and 56% fir 36/10k in 78132?
Looking for a new car. Can you provide MF, RV, incentives for 3.5t sport prestige, 36/10k (does genesis offer longer lease terms, if so, numbers for that as well)? 78132
.00082 MF and 56% residual
48/10 .00208 MF and 40% residual
No lease incentives
Me again, trying to find something. Are the numbers for a 2.5T advance or prestige .00171 and 56% fir 36/10k in 78132?
And hey, when negotiating with any salesperson, is it okay to mention these metrics? Or is it pretentious and counterintuitive?
36/12 .00171 MF and 55% residual
The residual is fixed by the bank, and the dealer cannot change it.
The MF, however, can be marked up by the dealer (and likely will be, given this market). With the short inventory levels, I'm not sure there is much you can do about it.
To answer your question, just tell them you know the MF is marked up (if in fact it is), without telling them the specific numbers.
Comments
I am struggling to match the numbers and hope you can help. I used the online Edmunds Lease Calculator also.
MSRP 51320 (is also the selling price)
36/10
MF .00171
Residual 56%
Zip 08550
Dealer Doc Fees 175
Acquisition Fees 750
I plan to pay all the fees as down payment.
Now, when I reduce the residual from the MSRP, I get $22,511, which equates to $625 as base payment. Online calculator shows the following -
Lease Payment (excluding Taxes and Fees): $764. How do we get $764 on a base $625 payment with 4.1%?
Also, the taxes show $1,895, shouldn't the taxes be charged only on the Selling Price - Residual i.e. on $22,511 = $1491
with this MSRP car, I was under the impression the payment will be $625+ 4.1% interest on reducing balance + tax of 6.625% i.e. ~$670. Online calculator shows ~$800.
$764 is the correct, pre-tax payment.
The monthly rent charge is calculated as follows:
(cap cost + residual value) multiplied by the MF decimal value.
You are paying the rent charge across the entire amount financed, not just the depreciation amount.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello, I was wondering if I could get the MF and residual Value for a GV70 Sport Prestige for zip code 07652
What term and mileage allowance?
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I'd like to see if there is info for a 2022 GV70 3.5 Prestige for zip code 78728 for a 3yr/36k. Any info on MF, residual, and incentives would be appreciated!
No lease incentives
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.00171 MF and 53% RV
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello, can you please provide the MF, RV, and lease incentives for a 2022 GV70 2.5T Advanced and Sport Prestige, 36/10 in 06850?
Thank you!
No lease incentives
All packages/trims
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello, can you provide the RV, MF, and lease incentives/rebates for a 2022 GV70 2.5T for 36/10 and 48/10 in 11749? Thank you!
.00208 MF and 41% RV
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No lease incentives
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Hi,
Looking for a new car. Can you provide MF, RV, incentives for 3.5t sport prestige, 36/10k (does genesis offer longer lease terms, if so, numbers for that as well)? 78132
48/10
.00208 MF and 40% residual
No lease incentives
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I would like to know the following please:
MF/Invoice/RV/Incentives for 08817, 10k miles/36 months and 12K miles/36 months
2022 GV70 2.5T/3.5T AWD Select
2022 GV70 2.5T/3.5T AWD Advanced
2022 GV70 2.5T/3.5T AWD Sport Prestige
Thanks so much!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2.5 - .00171 and 55%
3.5 - .00082 and 55%
No lease incentives
All trims/packages
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2022 GV70 3.5T AWD Sport Prestige RV/MF for 36/12. Many thanks per usual!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could you please provide MF/RV for GV70 AWD 2.5T for 36/7.5 in 60657?
Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could you please provide MF/RV for GV70 AWD 2.5T Select for 36/10 in 08816?
Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Genesis 2022 GV70 AWD 2.5 T…
One has Select package…
One has Select package and advanced package…
MF/RV…
3 year/ 30K miles…
Zip 77056
Any lease incentives?
Thank you for your help!!!
….
No lease incentive
Either package
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Genesis 2022 GV70 AWD 2.5 Base (no option packages)….
Does the base model have a different MF/RV?
3 year/ 30K miles…
Zip 77056
Thanks for all your assistance! 👍
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10k miles/36 months
12k miles/36 months
ZIP 07430
And hey, when negotiating with any salesperson, is it okay to mention these metrics? Or is it pretentious and counterintuitive?
.00171 MF and 55% residual
The residual is fixed by the bank, and the dealer cannot change it.
The MF, however, can be marked up by the dealer (and likely will be, given this market). With the short inventory levels, I'm not sure there is much you can do about it.
To answer your question, just tell them you know the MF is marked up (if in fact it is), without telling them the specific numbers.
Edmunds Price Checker
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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
2022 Genesis GV70 with Select PKG…
36 months/10K miles…
Zip 77056
Has the MF & RV changed for June?
As always… I greatly appreciate the assistance! 🤗
Randy
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I’m sorry I left that out…
It’s a 2022 Genesis GV70 2.5T…
Thanks!
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Zip - 27410
Mileage\Term - 36\12
Models
2.5 AWD Standard
2.5 AWD Advanced
Zip:
06830
Mileage + Term:
36 + 7.5K
36 + 10K
Model:
3.5T AWD Sport Prestige
As always, thanks so much for the assistance!
All trims
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00064 and 55%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello, can I please get numbers for 2022 Genesis GV70 2.5T? I’m looking for RV, MF, and incentives for 33196.
36m/12k
36m/15k
Thank you!
.00171 and 53%
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Warm regards
Vance
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige