2017 Buick Envision Premium 1 Deal (loaner) - rate this deal please

Ask the Hackrs
1

Vehicle: 2017 BUICK ENVISION AWD Premium I
This is a loaner with about 2.5K miles

PURCHASE OPTION
Vehicle Price: $45,295.00
Savings: - $10,793.00
Customer Rebate: - $6,550.00
AutoNation Price: $27,952.00
Window Tint (Optional): + $399.00
Vehicle Selling Price: $28,351.00

Sales Tax (estimate):	+	$3,191.25	 
Title Fee:	+	$8.25	 
Smog Abatement Fee:	+	$20.00	 
Documentation Fee:	+	$549.00	 
Balance Due (estimate):		$32,119.50

LEASE OPTIONS
Cash Due 36 months
Rebates: $2,000
10,000 Miles 39 months
Rebates: $2,000
10,000 Miles 48 months
Rebates: $2,000
10,000 Miles

Cash due 36 mths 39 mths 48 mths
$2,000 $318 $335 $342
$4,000 $258 $280 $296
$6,000 $198 $225 $250

2

What is your zip code?

3

95051
9% tax
20202020

4

Also, ignore the line about $2000 in rebates.
That is just to show how the pricing was achieved

5

Is the dealer in CA? Doc fee can’t be more than $80 in CA.

6

First of all, the $6,550 rebates are purchase rebates. I see $2,550 lease cash.

Secondly, I thought CA taxed the payment, so the $3,100 tax needs to go away.

7

Thanks for finally helping me figure it out. I was trying to use the purchase price and getting a huge discrepancy with the LH calculator.

So I guess this isn’t that great a lease, but it meets the 1% rule ($373/month for a $45K MSRP). Whether a $45K price is justified for a Chinese vehicle is another question. The buy price is attractive but long term reliability is unknown.

8

Got this additional info from the dealer.
Lease price based on $2000 down for 1st month dmv doc fees junk etc. may be some cap cost reduction??

The residual for 36 month is 53% $24853.40 and the money factor is .00113
Residual for 48 months 48% $22,588.65 with a .00174 money factor.

This is an autonation dealer outside of CA. Claims doc fee is $549 and he can’t change it.
Also I suspect the money factor is marked up, Edmunds shows it as 0.00052 and 55% for 36/10K