Hey all -
Working on a S60 Lease and having some trouble putting things into the calculator to evaluate, I think I have all the relevant pieces, but would love some support!
Zip: 30319 (Atlanta, GA)
MSRP: 41,490
Discounts (incentives included): 10,300
Adjusted Price: 31,190
Mileage 7500
Months 36
MF .00086 (matches Edmunds)
Residual 54% (matches Edmunds)
Due at Signing $1,000
Monthly payment: $379
This seems high relative to what I’ve seen for other S60s, so not sure if my math is off or something else is amiss! Please assist.
max_g
March 20, 2020, 7:06pm
2
You need to separate the two.
1 Like
From the dealer - incentives are dealer discount of 2489 and dealer allowance of 2000, with the rest being discounts. Does that help Max?
max_g
March 20, 2020, 7:14pm
4
This doesn’t make sense. It’s one or the other.
Ursus
March 20, 2020, 7:18pm
5
Should be close, but there are probably some fees also capped, in addition to $995 acq fee. Find out out what $621 is for in your $1,000 DAS.
Can you help me understand what might be driving the difference from your model at $311 (which would be great) vs the $373 I am being quoted? Per the worksheet:
Dealer Service Fee 699
ETR 49
Lemon Law 3
License Fee 21
Title Fee 18
Acquisition Fee 995
Does this help?
Ursus
March 20, 2020, 7:29pm
7
It’s not $311, it’s $340 - click on the image. With all the fees rolled in should be ~$365/mo + $365 DAS
Jon
March 20, 2020, 7:41pm
8
Why not just post the entire lease worksheet vs giving us a small snippet one at a time?
Ursus
March 20, 2020, 7:48pm
10
Delete your post and re-post with your personal info edited
Let’s try that again! Thank you!
Ursus
March 20, 2020, 7:51pm
12
Still $365/mo with first month DAS. They must be marking up MF to the max. Around $1K off ($288 monthly difference + $621 extra in DAS)
The MF from the dealer matches the same one I got from Edmunds…sorry for what might be a dumb question, this is till new to me!
Ursus
March 20, 2020, 7:55pm
14
They may tell you one thing and do another. Unless there is something I’m missing there.