Located in Philadelphia - long time lurker and first time poster.
I didn’t get the most detailed breakdown but I’d love some outside opinions. Let’s jump into it! Updated
Here we go, after a month of hunting - this seems to be the best option I’m getting back on this car (which doesn’t feel like much of a deal).
MSRP: $39,330
Selling Price $36,354
39/12k - $415 month
Rebates:
$4,250 Mid-Atlantic 2019 Bonus Cash
$1,750 Mid-Atlantic Lease Cash
$500 TrueCar
Total Qualifying Rebates: $6,500
USBank
Residual 47% = $18,485.76 (end of lease)
Money Factor: .00132
Gross Capitalized Cost: $37,048.99
Cash Cap Reduction: $769 (money down)
Net Cap Cost: $30,548.76
Acquistion Fee: $695
Doc Fee, License, and Title $269
Tax: 11%, 11% of what?
I’m confused on gross vs net capitalized cost - any explanations? USBank has $3,250 more in rebates, but a 3% higher Money factor, slightly lower residual, and 3 months shorter term than everything I’ve seen from Chrysler Capital.
I feel like there’s room on this car I just don’t know where it to find it.
This winter wasn’t that bad. But what about the year before. My mustang is rwd so its gonna have more issues but if I was going to get a truck it just seems worth it
I honestly slipped more in the AWD on snow days (I think it might have to do with the AWD wearing down my treads significantly faster).
Even though it’s an SUV, it weighs about the same as my IS300 and most cars are built to evenly displace weight, so as I said I really think the difference isn’t as big as it’s made out to be. That said, I’d prefer the 4x4 and I think the residuals are better regardless.
I’ve been shopping around locally and have gotten back numbers around $365 with $365 down for 42/12k, a little higher for 36/12k.
I haven’t gotten any sort of lease breakdown yet so I feel like there’s more room in the deal - my goal is $350/mo with nothing down - which might just be overreaching a little. I won’t know until I see it all laid out.
Giving this a bump, anyone have recent anecdotes or advice on a realistic lower price to aim for?
Chrysler residuals have taken a dive in this vehicle since November/December. Best number I’ve calculated is $342/mo with $342 down but I’m not entirely sure I’ve done this correctly.
For reference… I got a family member a '19 Limited 4x4 with tech, luxury, panoramic roof, better speakers, nav and V6 MSRP $39435 36m/10K for $339 tax (NYS 8%) inclusive with 1st payment DAS.
Unfortunately that’s what Chrysler is offering it seems like this month. I’m going to try to counter, but every dealer is quoting on 42 months (I’ve gotten numbers from 3).
The one number I got two quotes I’ve seen at 36 so far we’re about $30 more a month.
Here we go, after a month of hunting - this seems to be the best option I’m getting back on this car (which doesn’t feel like much of a deal).
MSRP: $39,330
Selling Price $36,354
39/12k - $415 month
Rebates:
$4,250 Mid-Atlantic 2019 Bonus Cash
$1,750 Mid-Atlantic Lease Cash
$500 TrueCar
Total Qualifying Rebates: $6,500
USBank
Residual 47% = $18,485.76 (end of lease)
Money Factor: .00132
Gross Capitalized Cost: $37,048.99
Cash Cap Reduction: $769 (money down)
Net Cap Cost: $30,548.76
Acquistion Fee: $695
Doc Fee, License, and Title $269
Tax: 11%, 11% of what?
I’m confused on gross vs net capitalized cost - any explanations? USBank has $3,250 more in rebates, but a 3% higher Money factor, slightly lower residual, and 3 months shorter term than everything I’ve seen from Chrysler Capital.
I feel like there’s room on this car I just don’t know where it to find it.