MSRP: $39,890
Selling Price: $37,995
Cap reduction: $7,772.19
Cap Cost: $30,718
Residual: $17,152 (43%)
MF: .00186
Term: 36 with 12k miles per year
Monthly: $477 incl tax
Down payment: $0
Is this a good deal? I know there should be 10,200 in lease rebates but could not figure out how that math worked with a bunch of fees added in. First time leasing so need some help!
Doesn’t look good. Dealer discount is weak. Dont see any rebates. There are some very large ones depending on the term. Looks like theres also a $1000 bonus. RV is low. Nothing you can do about that. MF is a bit high. Gotta see it in the calculator.
Added the cap cost reduction to the original post. When we asked why it wasn’t the full 10,200 for cap cost reduction, the dealer said “out of the rebate comes all the fees and one payment, the remainder is the cap reduction” I didn’t quite follow this
It doesn’t make any difference. They either roll the fees into the monthly or roll more cap cost into the monthly. The fees have to get paid either way.