Hey guys new to the forum and I need some help! Looking at a brand new Lux XT5 36m/15k a year. Car is being sold at 45k after discounts. Dealership wants $540 down, $540 a month tax in. Not sure how good of a deal this is. Would love any help
Please read forum rules. You have to post all data if you looking for an analysis.
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Seems there is room for more. There are many discounts available and not sure you are getting them all. So you will need to post a break down of MSRP, discount, rebates etc But off the bat I would say the monthly and sales price is not low enough. Room for another 2-5% discount based on ad below.
Vehicle Price: $46,460.00
AutoNation Savings: - $4,684.00
AutoNation Price: $41,776.00
Sales Tax (estimate): + $2,615.37
Tag/Registration Fees (estimate): + $175.00
Tire/Battery/MVWEA: + $6.50
Tag Agency Fee: + $98.75
Dealer Service Fee: + $699.95
Balance Due (estimate): $45,371.57
This is what I was able to get. This is it exactly
These two items seem somewhat abusive. Are these negotiable ? How about a single documentation fee of maybe $80.
Based on forum rule of being as close to 1% of MSRP as possible no it is not a good deal. Still some cars will not get close to this 1% rule.