MSRP: $28,805
Sale Price: $25,095
Lease Term: 36 months
Mileage Per Year: 10,000
Sales Tax (local): $809.13
Acquisition Fee: $595
Doc Fee: $300
Money Factor: .00083
Cash Due at Signing: $1,593.85 (told them I want to put zero down)
Residual Value: 60%-62%?
Monthly Payment: $293
Qualify for recent grad discount ($500)
I know it’s not a good deal, but I want to know by how much. Thank you to anyone who can help.
There should not be any question about RV. It’s set by the bank and cannot be changed.
Did you confirm RV, buy rate MF, and any incentives for this trim/lease terms in your zip code on the Edmunds forum?
For future reference, tell the sales person you want to do “$0 at signing” or “$0 drive offs”.
“$0 down” is typically interpreted as a down payment, which is cap cost reduction (CCR). CCR is different than drive offs. Drive offs are typically dealer fees, first month’s payment, taxes on rebates.
How do you confirm the RV on edmunds? I went on there and got lost. Thank you for your response
So for my zip code(60563) the RV is 58%. And the MF is .00083.
Calculate the lease payment yourself to verify no adds and that the numbers provided are correct.
If so I doubt you’re gonna do much better than 15% off.