You always have the best dealer, SeaTac.
-Mllcb42
Not for Subaru. Subaru penalizes dealers for selling to customers > 150 miles away from the store. You’re nearly always better shopping local and there is plenty of competition in the PNW.
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Didn’t know that! Learn something new every sleep deprived morning.
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Being in the PNW has no bearing on putting money down on a lease.
Oh no… no it’s not the same. Plenty of discussions around why downpayments are not advisable.
Here’s a hint:
If you search on the forum, there’s plenty of threads advising against downs. But it’s your money and what your risk appetite is at the end of the day
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You can structure a lease deal however you want. Most would advise not putting money down on a lease. That doesn’t inherently mean your monthly payment will be higher.
Do you have all of the other details necessary to properly analyze this deal? At first glance, paying $370 a month for a Crosstrek seems too high, but without all of the actual details, there’s no way to know what’s actually a realistic price.
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What are other criteria you need to look at ?
@mllcb42 laid out in detail everything you need. Go up and read his post. You’re missing money factor used, pre incentive discount etc
Updated the MF and RV
Are you sure about 1.6 being the MF? That doesn’t sound right…
What’s the selling price? What’s the term on the lease? I’m assuming 36/10 based on the RV.
Obtained from the dealer breakdown.
The money factor this month for crosstrek limited is .00135 and 64% for 36/10 lease.
Plugging in the rest of your numbers I get pretty close with a 10% discount and base money factor.
10% is pretty strong of a discount on this car. It simply doesn’t lease well. If you want it, given how low interest rates are, I’d buy it.
As others have said, if you choose to move forward do not put $2000 down. If you drive off the lot and total the car, that money disappears.
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Just got an update from the dealer,total due at sign is 2765.41 now. And I decided to lower my down to 1500.
It looks like they’re marking up MF, do you have tier 1 credit?
What’s the selling price as opposed to net cap cost?
I have a 812 credit score. they are sending me the contract for review now.
I am sorry I don’t see exact Selling Price, what’s the other name for it? LOST my mind in the contract already. help!
Agreed upon price.
It’s a number you should have worked out long before you go in to sign paperwork.
I have listed everything I have above.