$1,000 to ship from FL to MD. Any recommended shippers on here I should get a quote from?
BTW, it appears the MF is marked up to .0018, so need to get that down to .00171. Also I plan to do 10 MSDs.
You cannot assume either of those things, that either theyâll lower the MF for you or accept MSD.
I donât see any meaningful savings here after shipping so why take the hassle, risk and headache
Click on Marketplace for states closer to you
Here is how the dealerâs calculations are doneâŚ
Adjusted Cap = 68,998.00 + 184.00 + 1,095.00 â 5,184.99 = 65,092.01
The 1,095.00 appears to be a marked-up acquisition fee.
Payment = 0.00171 x (65,092.01 + 42,983.00) + (65,092.01 - 42,983.00) /36 = 798.95
Of the 10,000 rebate, 5,184.99 is allocated to the cap reduction. The balance of 4,815.01 plus the 2,070.75 cash collected from you totals 6,885.76. This covers the total upfront fees of
4,817.75 + 1,269.06 + 798.95 = 6,885.76
So, your DAS = 2,070.75
MD is really goofy regarding taxes and should not be taxing the 10,000 rebate (just b/c itâs a rebate) as that is part of the sell price. Theyâre collecting tax twice on the 10,000. People should be challenging the constitutionality of sales taxes on leases, especially in NY. Be it as it may, this is the closest I can get to the 4,817.75 taxâŚ
6% x (68,998.00 + 10,000.00 + 1,269.06) = 4,816.02 off by 1.73
The dealer should itemize upfront fees. Need a breakdown of the 1,269.06. Itâs called transparency and accountability. Your calculator shows a dealer fee of 500 and gov fees of 337 totaling 837. How does one account for the 432.06 balance? Also, how is the 337 gov fee broken down? Does that include license, titling, and registration? Tire fees? How about the 500-dealer fee? Does that include the doc fee? Anything else?
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Nope. The sell price includes the 10,000. They would be taxing the 10,000 twice.
If thatâs what the LH calculator is doing, then it is correct. But it does appear that MD is taxing both the sell price and the full 10,000. YIKES! See my post above.
Firstly, thank you for your feedback and advice.
The best I could get from a broker back in Dec was 15% off MSRP pre-incentive ($13,147 off). Est. $600 broker fee + shipping to MD.
This loaner is 21% off MSRP pre-incentive ($19,160 off). Shipping $1000
All else being equal (MF, MSDs, fees, etc).
What am I missing?
Letâs compare apples to apples. Jan 2024 quotes to Jan 2024 quotes. In their entirety; not just the discount.
Since so many moving pieces have moved since December.
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NevermindâŚthe FL dealer wonât lease out of state FML, lol. But thank you @max_g and all for your feedback. Hopefully I can come back soon with another deal check.
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Hey folks, Iâve got a local offer on a loaner with 2.5k miles as shown below and would love your thoughts. BTW I do plan to work on getting the selling price down from the current $66,900, but want to get feedback on the
Couple of things that stand out to me.
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Is the residual off? With an $80,400 MSRP, the residual (53%) would be $42,612, no?
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Compared to the LH calc, where is the additional $16.88 per month coming from with their numbers?
Here is what I am getting per their numbers WITH the $1k down payment.
There is a per mile rv reduction for loaners
Got it, thanks.
Back with a new offer. I was able to replicate in the calculator, however the MSD dollar due doesnât match. What is going here?
Offer MSD $8k
Calc MSD $6.5k
Thanks!
If you set the MSDs in your calculator to 0 you get a payment of $763 round that up to the nearest $50 and you have $800. The 10 MSDs are based on that amount. So itâs payment amount before MSDs are applied that determine cost of each. I donât know that is the case for every brand but appears to be in this case.
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How does the rest look? Given that I was able to match the monthly with the offerâs monthly, looks to be a clean offer, w/o any surprises.
What are Reg and Notary fees? Anything to do with this being an out-of-state sale? Thanks
The calc is giving the wrong value for the msds
Please disregard the calc. My questions regarding the loaner involved in an accident is a different deal entirely.
So I think I finally found a potential loaner. The dealer just disclosed to me that it was involved in an accident on the lotâcar was rear ended, sustaining damage to the tailgate and bumper, and repaired at the Benz collision center for whatever thatâs worth.
Because it took place on the lot, it was not reported and therefore not recorded in CarFax.
Before disclosing the accident, they offered 17.87% off MSRP before dealer cash and incentives. It has about 2.5k miles.
What do you guys think? Leverage for additional discounting? If I do lease the car, would there be any documentation given that the accident was reported to insurance?
Thanks.
New deal - 2023 EQE 350x4 ex-loaner with 3.5k miles
MSRP 85,650
Selling price 68,177 (20.4% off)
Incentives 13,000
36/10
MF .00171
Zero out of pocket
$524/mo plus taxes
Looks great, Iâll take it if I like the color n trim
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I received the fee breakdown from the dealer on a ex-loaner EQE lease and I am surprised to see the Disposition fee and Purchase option fee due upfront.
This is an out-of-state deal, would that be a reason?
