Ordered through a broker in late August, and the car was delivered to the dealership in central FL late October.
MSRP: $73,250
Term: 39 Month 12k Miles/Year Single Pay
MF: 0.00124
Residual: 54%
Sale Price: $65,000
Rebate: $9,000
Acq. Fee: $895
Dealer Fee: $999
Gov Fee: $760
Broker Fee: $599
Tax (6%): $4,000
Single Pay Total: $28,800
About $3k less in total payment compared to a $0 DAS monthly lease ($815/mo).
4 Likes
RayMo1
October 31, 2022, 3:30am
2
Nice deal, wonder if still replicable
This was a flash sale offered by a broker in mid-late August. Highly doubt if the car can be delivered by 12/31 if ordered in November.
ras815
October 31, 2022, 1:16pm
5
Not likely, for at least three reasons: (1) MSRP jumped about a month ago, (2) --the current money factor is much higher than this promotional rate-- (edit: this deal’s MF was due to one-pay; still, November’s MF may increase), and (3) and one of the rebates ($500) ends today.
Thanks for making this deal happening!
The MF was lower due to a single-pay lease. The base October MF is 0.00196 for 39 month lease.
1 Like
Looks like you got the max Mark Up of $300 on the Acquisition fee. Standard Acq. Fee is $595. @AutoNinjas advertises a Non Marked Up Acquisition Fee. Has that changed?
Auto Ninjas ‘It’s Electric!’ PHEV Blowout Sale
VALID NOW TIL 8/31/2022
[2022-Wrangler-4xe-Hero-Desktop]
Up to 12% off Wrangler 4xe, Grand Cherokee 4xe & Pacifica Hybrid
Orders only
AFFILIATE REQUIRED (11% Base Discount + 1% Affiliate)
Buy Rate/Non Marked Up Money Factor
Non Marked Up Acquisition Fee
$999 Doc Fee, $599 Broker Fee
$1,000 NON-REFUNDABLE Dealer Deposit Required
Broker Fee is non-refundable - but can be used for another deal if someone wants to cancel their order
A…
Depends on the approval, we share a copy of all approvals if a client requests it. Some are $595, some are $895.
I saw a note “$300 markup approved” on dealer’s screen next to the acquisition fee line. Not sure if this is true, but the dealer’s financial manager said he cannot remove it.
FlHackr
October 31, 2022, 3:41pm
11
@AutoNinjas this is called a Mark Up. Standard Acq. fee is $595.
As @dongwenxuan stated:
“I saw a note “$300 markup approved” on dealer’s screen next to the acquisition fee line. Not sure if this is true, but the dealer’s financial manager said he cannot remove it.”
No - it has an acquisition fee and lets you know what the approved mark up is - in that case up to $300 - to $1195.
If it was marked up i’d be happy to have the dealer cut you a check back.
FlHackr
October 31, 2022, 4:17pm
13
@AutoNinjas Do you recall these posts you made about the Acquisition Fee?
We noticed some of our competitors have started marking up the Acquisition fees on Jeep product ($595 is base fee amount), can you guess how much we mark our’s up?
poll
Answer is $0 - We don’t mark ours up! Transparency is key!
I hope it doesn’t go unnoticed that we’re the only broker not marking it up. Our team contemplated increasing the discount and showing the marked up “$895” acq fee everyone else is charging but ultimately decided that transparency should win out. May not be as catchy as packing it back into the discount though
mllcb42
October 31, 2022, 4:18pm
14
This is contradictory to ccap’s posted information which states that a $300 markup is allowed on any base acq fee of “$595 OR HIGHER ”.
Further, there have been people that have been given acq fees of more than $895, which can only happen with a base fee higher than $595.
What doesnt exist in any of the public facing ccap information is anything that says the base acq fee is $595.
FlHackr
October 31, 2022, 4:25pm
15
Reference my post above where @AutoNinjas in their posts state $595 is the base acquisition fee and they don’t mark it up.
mllcb42
October 31, 2022, 4:26pm
16
Yes, do reference his posts.
FlHackr
October 31, 2022, 4:30pm
17
This contradicts their previous statements on the topic.
We noticed some of our competitors have started marking up the Acquisition fees on Jeep product ($595 is base fee amount), can you guess how much we mark our’s up?
poll
Answer is $0 - We don’t mark ours up! Transparency is key!
I hope it doesn’t go unnoticed that we’re the only broker not marking it up. Our team contemplated increasing the discount and showing the marked up “$895” acq fee everyone else is charging but ultimately decided that transparency should win out. May not be as catchy as packing it back into the discount though
I did ask about the base acq. fee of $595 at the dealership, but was informed that $895 was coming from CCAP, and that “$300 approved markup” allowed the dealer to mark up another $300 to $1,195.
Yes, that seems correct, I can review again w the dealer if needed. Congrats again on the car!