Some dealers are too cheap to streamline while others don’t want to take on additional fraud risk.
so add +3 to the number for 36/10. ?
Rubi 61+3 = 64
Sahara 59+3 = 62
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Datapoint for the hungry LHs…
Sold 2022 HV Sahara w/ Cold Weather Pkg. ($57.8k sticker)
Offers:
Carmax- $53k (sold)
Carvana- $52k
Carshop- $52.25k
Autonation- $47k
Sold to CarMax. Went to new NY location… took longer because of newer reps and lease being very new (needed manager approval) but was all said and done in 2.5 hrs.
Was my last Sahara based on the market trends.
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Drops the monthly payment by $20 but increase the RV by ~ $500 or more. Bad for flippers.
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I’ve got one final 4xe on order, but I keep going back and forth on whether or not to follow through.
I’ve got a 392 that I’m leasing for $720/month plus tax, from what I’ve seen with the market trends I’ll probably be paying roughly $650/month or more for the Rubi 4xe (68K build). The plan was originally to have fun driving the 392 for a while and switch to the 4xe when it comes in. Having driven both, I like the 392 more so I’m conflicted, especially since the 4xe isn’t such a good deal anymore. Doesn’t seem like the 4xes are such a good gamble for a flip, are they?
No one knows what mkt will be in next say 3 to 6 months. At the moment people are still making 1-3k depending upon the Tax and ACQ they paid.
But no where what we saw earlier in the year.
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Hey Guys - What is the base MF this month for 36 months ? Sorry I can’t find the link. Also, Gupton is charging me a business tax of 179. Never heard of that, is that legit?
Yes, .00240
Rv is pretty much irrelevant to flipping.
Yes, legit as previously discussed. They ate this unknowingly for the longest time
I thought MF is irrelevant for flippers who will flip in few months. But if RV increases then the buyout numbers are higher. I may be wrong
Above I am adding $660 aprox to my buyout due to 1% increase in RV.
not entirely how it works… You’re adding $660 to your buyout, and you’re reducing $660 from your lease payments.
if my understanding is right:
If you have a 10k sale price car and it’s got a 50% RV, you pay 5k in lease payments (+ rent charge), and 5k buyout
If the RV shifts to 60%, your buyout is now 6K (yes up 1k), but you only pay 4k in lease payments (and a slightly smaller rent charge since the MF goes against a lower “borrowed” amount).
At the end of the day it all more or less sums up to the agreed sales price (minus incentives like EV credit). You’re just taking from one pocket and moving it to the other.
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Neither mf nor rv are particularly relevant if youre flipping.
Your buyout is the adjusted cap cost less thrle applied base payments. The rv and mf effect the payment amount, but for a flipping, adjusted cap is the dominant factor.
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Yes that make sense , adding $660 on buyout but $660 get reduced on the total lease payments so its a wash.
Its been 1 months since I flipped. I need to be flipping every month to remember these complex calculations.
Also try local dealers. My better offer was from the local Chevy dealer and they gave me a check when I signed it off to them.
Also the online algo driven offers seem to be better when the VIN goes to a registration rather than no history. It’s like the vehicle doesn’t exist to them and values it lower.
I got it from the dealer but you can check with Jeep chat or this site with your VON - Jeep® Vehicle Order Tracking
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20 posts were merged into an existing topic: Random Jeep chatter
Wow MRM on the 392 sucks. Looks like I’ll have a higher payment.
Does anyone have the money factor sheet for 23?
Now that August is 2/3 through, anyone have confirmation of a ‘23 actually being built yet?
I did confirm that the jeep chat person who said mine was built was wrong. But on some other message boards there are those saying theirs is being built and the line is live.