Hi Hackers -
I was hoping to sanity check this deal with the group. The deal is for a demo with ~4,500 miles on it.
MSRP is ~56k and they are selling me the car for ~43.5k. I am eligible for $3k of incentives so effectively they are discounting the car to 46.5k so about 16% MSRP reduction before incentives coming from the dealer on the car.
My monthly including tax is coming to ~$470 a month. The money factor is .00131 after MSDs. No cap cost reduction and all upfront fees will be paid out of pocket. I tried to follow the forum guidance so hoping this looks in alignment!
anyonee happen to have an opinion?
It beats the 1% guideline, you aren’t putting money down except MSD’s, and you like the car. I’d say unless you really want to push for a bit more just to save a little money, it’s a good deal. Enjoy the car
16% off is great but demos should go for 18-20% off before incentives. Not a bad deal at all though. Post the calculator so we can see the details and where u might be able to save. It’s a bit harder to tell without taxes and seeing how much the MSDs save
Looks like a decent deal but I would recommend rolling the upfront fees into your monthly lease payment.
Why pay interest on them if you don’t need to? The MF isn’t close to being zero
Great explanation, thank you!