Looking at the above deal, when I plug these numbers into the calculator, I’m off by something like a hundred dollars when factoring in the $2235 downpayment. Seems like the stated payment is accurate with zero money down, so not sure if there’s a mistake in the quote.
Here’s the other deal which seems to check out in the calculator
I prefer the vehicle in the second deal, though would it be reasonable of me to try and ask for an additional $2000 off? (unfortunately missed last month’s incentive) or is it likely the incentive will return prior to months end? What do you guys think?
One is 56% the other is 54%. Edmunds has 56% for a new Evoque First Edition, and a base rate of 0.00001, though these are both loaners so I think the values have been adjusted (the one labeled 56% really seems to be around 52.38% in order to reach the Net Residual dollar value on paper). I know those values aren’t negotiable, but being that the discount and residual are greater in the first deal, I’m wondering if I can negotiate down the second deal’s selling price to get to a similar monthly payment (The second car has more than double the mileage of the first)
Well it looks like their MF is marked up so I would try and negotiate not only that, but the final selling price too. The first one is %15 discount and the second is 14.6%, not awful on a loaner but most likely room for just slightly more discount. That security coding option sounds like a bunch of BS, remove it. The first one it also looks like you’re putting cash down, probably not a great idea…Leasing 101. The second one you’re not putting any money down?
Thanks for the suggestions. I was definitely going to strike off the security coding, though I’m very confused with the first deal, since the money down does not seem to be reflected in the cap cost reduction. According to the calculator, I should get something close to that ~$550 payment with 0 down. I was going to broach this with the dealer. Ideally, I can arrive at a number close to $550 with zero down on the second vehicle (I prefer the color), since it seems the first deal is already in that territory , I’m hoping to use it as leverage with the other dealer to get them to match the terms.