$371/mo after tax + $0 down (everything rolled in) + $4000 MSD (returnable deposits)
I see that MBUSA has a $2,000 Dealer Cash
(Incentives Bonus Cash) - the dealership told me that this rebate was already included in the “autonation savings” of $9K. Is this true? That will make or break the deal. If I can get any information to prove/show that the $2K dealer cash was not applied, this would drop my monthly payments drastically + I would only have to spend $3,500 in MSDs vs $4,000.
If you did 10 msd I assume you have the mf at .00041 and not .0041.
As far as the price is concerned I personally think that they did not include it, however proving this now would be the issue. The info you have is just a general break down and didn’t have it all broken down to specifics as far as the discount is concerned. They are implying they had their loaner car discounted 17% before the 2k which is low compared to what is fairly standard.
It’s a silly argument. The selling price they give you is the price you will pay and if they tell you they are keeping the rebate then that is what they are doing. Your choice is then to take the deal or shop it and see if you can find a similar car with a higher discount.
21% total discount is not bad for a loaner but people are reporting 18% on a new zero-miles car so you may want to shoot higher.
I would suggest working another deal with another dealer and make sure they break down the discount. Then see where they come in and that should give you a good comparison. You can also use that as leverage. If that is their advertised price chances are that they have money built in.
It is a “autonation” no haggle price, so they said that is the rock bottom.
Looking at all the other dealers in the state, this seems to be priced the cheapest in terms of “selling price”.
Since they won’t add the $2K rebate, looks like I am going to pass on the 371/mo. I was hoping for anything less than 300 so then I would only have to do 3500 in MSDs
Unfortunately this is the best selling price I have found in my state. Also it is a “auto nation” no haggle price so they claim that is the rock bottom.
It’s not that they won’t add it, it was already “added” into your quote. When I negotiate, I always ask for the sales price before any incentives so it’s crystal clear what their discount is.
A bit off topic, but find it a bit humorous when people advertise a $0 down deal and back it up with thousands in MSD.
The thing about leasing that has always been so attractive to me was the lack of large immediate costs. Shelling out 4K off the bat kills it for me. I understand that idealy you get that $4,000 back at the end but its still a little counterintuitive.
Jworth I will avoid the pissing contest and simply state that the roi on msd’s is somewhere around 15 percent (depending on program variables, mf, and how calculated), which is why they are so popular around here. Regardless of why you lease where else are going to get a low risk return like that?
