Still undecided on the right car for my wife. Came across the following proposal on a Palisade SEL AWD service loaner (~800mi). The dealer is out of state (I’m in IL). They’ve estimated based on IL tax but I’d be accountable for paying Title, License, and county tax on my own. Thoughts?
MSRP: $39,855
Selling Price: $38,487 (is 3.5% a big enough discount on a service loaner?)
Net Cap Cost: $39,880.21 (Dealer didn’t share gross cap)
Incentives: $500
Money Factor: .00171
Residual: 62%
Lease Term: 36 months
Mileage: 10K
Tax $1243.21 (IL - Cook County 8.25%) | Doc Fee $199 | Acquisition Fee $650