is stellantis vs ccap still a thing or is it now all the same? asking for a fiat 500e.
dealer saying ccap which seems odd, and think rv might be 1% lower on ccap.
You should run both on rate finder on here. Some dealers are lazy and avoid the banks they use less because rates, rebates and incentives can vary, especially on EVs.
i tried this but unclear on the outcome; there are a lot of options… seems like there are sfs and ccap leases both with stellantis, with varying mf/rvs…
for some reason this dealer is using ccap (and marking up MF, but deal still makes sense). if they can mark up MF and use the higher rv of SFS i’d prefer that, but not sure of the different options
note, dealer is showing .5 for RV on lease sheet, saying Stellantis FS shows them .5 but gives me .53… this seems odd? any thoughts from hackrs?
just trying to “trust but verify” → on my porsche deal, dealer+PFS got to the same monthly number we agreed on, but added a rebate which made extending the lease at lease-end prohibitively more expensive than the monthly effective for that year. trying to avoid some situation where the buyout value or monthly (or other) is impacted in some way.
Stellantis is the parent company that owns Fiat and SFS is the captive bank for.
CCAP is a third party bank.
Both SFS and CCAP do leases on Stellantis vehicles.
I havent checked fiat, but on all the other brands, ccap doesnt give the full ev credit so theyre significantly more expensive.
As always, you should run your target deal calculations using both complete programs and see which works best. You can’t look at rv or mf in a vacuum.
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CCAP is easiest to get approved for but SFS has better rates usually.
I’ve asked the dealer to use SFS instead, but they declined, saying this is the only way they do things, only one they use etc etc… Deal is good enough, so I’ll take it, but annoying as it shouldn’t change economics on their end, only on mine…
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Someone with recent experience can confirm, but one of them wasn’t allowing 3rd party dealer buyouts previously…can make some deals untenable, ymmv.
That was SFS for about a month when they first started doing leases. Long sunce past, not that it really matters since these are going to have ao much negative equity you wouldn’t want to do a 3rd party buyout.
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FWIW, my local CDJR stores are all pushing Ally Financial over SFS or CCAP.
Why would you take the deal with an inflated MF? The bump in RV might be due to your mileage choice.
Because the alternative is no deal at all. No other dealer can get close to the discount on the sale price, which more than makes up for their bump in money factor.
If you are at the monthly payment you were looking for I wouldn’t worry about how they structure it. This is not a blanket statement, it’s for this particular deal.
anyone know when the leasehackr ratefindr says “requires 21L option” or “21k option” by the RV, what does that mean?
Look at the window sticker for the vehicle. It will list the option codes.
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Luckily it took the dealer an extra day to get me the final contract, which meant programs updated for March (favorably)… and the $2700 27/7.5 lease became an $1800 24/7.5 (with $600 charging credit). There was probably another $15 of meat on the bone, but was happy with the deal here. Thanks all for the help.
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Congrats on this deal. What discount did you get off MSRP?