MSRP: $42,903
Selling: $39,936
Residual:$30,890(72%)
Rebates: $1750
MF: 0.00176
Taxes: $2411(6%)
DAS:$0, true sign and drive; No money paid at signing. Monthly Payment not due till 30 days.
Gov. Fees:$527; rolled into monthly payments.
Just wondering if this was a good deal or not. It was the lowest I could find in the area. The payment calculator stated it should be closer to $400, but my area does have limited inventory.
I visited a couple other dealers. One wanted $480 a month at 39months/10k, the other at $416 for 36/10k,both with start-ups. So should it be less then $400? I still havenāt been too hardball on price since I have some time. I wonder if my MF is off or something, as I ripped it right from Edmunds.
When I asked, they told me it was closer to $500 with Toyota. I have tier 1+ credit, so I donāt think it has anything to do with that. That price does include a new plate which is ~$300 more than transferring one. Ill ask the salesman though just to see.
From what I looked up, Michigan does not require the entire sales tax like Texas.
They didnāt send you the whole thing, thatās why Iām thinking something fishy.
Example
2411.40 / 6% = 40190, sales tax on a LEASE?
411 * 36 = 14796 + 30890 = 45686
So roughly 2000$ in extra fees. Something is really wrong.
Isnāt there more inventory on those than hybrid?
I think the recent benchmark for % off was set last month in Mass. on a XLE hybrid. search for that thread. You should aim for equal or better discount on a conventional
In my area, everything is conventional. I see that $350 a month, but a few other threads more recent seem to price it around $430 with money down. Considering $411 includes everything with true 0 down, it seems like a good deal. I just got off the phone with a dealer in Ohio that gave me a price of $388 with 1800 down.
I wonder if the midwest market is just fucked. I get a lot of incentives through Chrysler including employee discounts. For the past 5 years, Iāve leased 2 jeep cherokee limiteds,a 2016 and 2019 with 0 down, the first one 20k/24 months and second one 30k/39 months, both for roughly $250 a month. Iāve been looking for the past two months, and Iāve been quoted $330-360 for a 2021 Cherokee Limited @30k/36 months, which is why Iām looking at something I actually want to drive for a change.
I do apologize though for keep emphasizing about ātrueā sign and drive. Every lease I shopped for with Chrysler, 0 down means you still pay for taxes, doc,1st month, etc. I had to ask the salesman 5x to make sure it was true. Hereās what it says just to make sure we are on the same page.
When you factor in shipping or travel his deal is fine! Thanks though! If you canāt get your dealer down much more youāre not far off! Id sign it unless you really really want a hacker deal and have the time to play dealers off each other to get it.
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