Hi All, I am new to the forum and getting my first lease. I wonder what would be a good MSPR discount % and rebates for a loaner @1400 miles and/or the best discount on a New vehicle in Miami, Florida.
I will hear back from dealer this week and want to close deal within September.
Here what I got on a 1st visit, where I received 14.4% (7k/48.5k) total savings proposal. How good is this? Any idea what is the max I could get?
MF was 0.00180 before credit check. He mentioned that it should lower to 0.00128 according to review, and it should drop around $50 monthly
Incentive is APR Credit MY19: -$3,500
Dealer discount: -$3,485
Dealer only mentioned that Non-Taxable were the registration and mandatory fees.
So from MSPR I am getting only around 7% discount.
That is what I though as well and did read on some posts… I was wondering what I should target on a loaner and on a new vehicle before rebates/incentives so I can better negotiate. Thanks,
By the way, I was simulating in the calculator and didn’t understand why as we raise the mileage of Loaner/Demo lease gets higher! Sorry if question is basic… newbie in the area!!