I have been watching the other CX-5 deals on the site and have tried to use that info to put together a lease offer for 10% discount before incentives and only DMV, fees and taxes (aka no deposit) at signing. I verified RV and MF on Edmunds for this trim and miles in my zip code.
This is the third offer from this dealer. Informed them that I’m ready to sign by close of business Sunday if we can get this put together.
I can’t get the math to add up for the monthly payment on this offer or the previous offer. Can you help me figure out where the discrepancy is?
Asking:
Selling price 10% off MSRP
Incentives: 750 loyalty, 965 Internet, 1st payment
DAS: DMV, DOC and 10.4% tax
Dealer’s Initial Offer:
MSRP: 30,955
Selling Price: 28,975 (6.4% pre-incentive discount)
RV: 17,335 (56%)
MF: .00098
Total Taxes: 1,497.80
Adjusted Cap Cost: 28,646.71
Incentives: 1,147.72 (750 loyalty and first pmt)
Deposit: 1,000
Tax: 10.4%
Payment: 359.28 w/tax 397.72
Selling Price - RV (11,640) /36 = 323.33
Selling Price + RV (46,310) * MF = 45.38
Current Offer
MSRP: 30,955
Selling Price: 28,975 (same 6.4% pre-incentive discount)
RV: 17,335 (56%)
MF: .00012
Total Taxes: 1,345.52
Adjusted Cap Cost: 28,646.71
Incentives: 1,103.95 (750 loyalty and first pmt) + 24.34
Deposit: 1,000
Tax: 10.4%
Payment: 319.74 w/tax 353.95
Selling Price - RV (11,640) /36 = 323.33
Selling Price + RV (46,310) * MF = 5.56