Hi guys I shopping around quotes from dealers so I’m just wanna m ow if this deal is good which I believe it not I know they can shoot for me off
12k year
36 months
I believe he said money factor is 0.006
msrp 70945
Discount 3750
Selling price 67195
Rebate 1500
Reg 243
Doc fee 699
Acq fee 925
Residual value 41148
Sorry I could upload dealer sheet for some reason
No, this isn’t a good deal.
It’s always in your best interest to workout what a good deal is before you ever talk to a dealer. To do otherwise sets you up for failure in getting a good deal.
I’d recommend taking a big step back from talking to dealers, working through the leasing101 articles to help you learn to determine what is a good deal, do some research on past deals to establish a target, and then look at reaching back out to dealers once you know where you want to be price wise.
You should double check that MF since .006 works out to about 14% interest. Edmunds is a good place to check what it should be.
Appreciate it
What mf are they charging? Have you verified that’s the only incentives you qualify for?
Yea they using 0.00122 & it’s only 1500 rebates I don’t qualify for the rest
In that case, you’re at about 7% pre-incentive discount when you adjust for the marked up mf. How does that compare to your target pre-incentive discount based on researched deals?
I got another offer from the dealer but it’s lower msrp he around 799 with 2500 down same rebate but how can I tell if they marking up money factor ?
She said we at 9.3 percent off before rebates lol
Is it $2097.82 DAS and $871 a month?
Yes she did say that the basic drive off
Here’s a link to the calculator, it’s off a little bit, check your tax rate, but poor deal nonetheless.
Someone doesn’t/don’t like punctuations or verbs…or double checking their grammar
You are better off hiring a broker IMO
Appreciate you thanks
Have you read through the leasing101 material and such recommended above?
