You can end the lease 30 days before the actual end date? I still have a year left, but I am counting down the days!
I was told by ccap over the phone that you can ground it within 30 days of the lease maturity date without an early termination penalty.
No experience but residuals are about 15% lower today than they were a couple of years ago. Maybe CCAP is adjusting for that? Speculation of course.
Id bet they were comparing a buyout that included tax with one that didnt, less the extra depreciation for the 6 month extension
1 Like
This sounds like the correct answer as my first thought was the new extension payments are reducing the buyout price, but that would account for only about 1/2 the amount.
mllcb42- can you expand on the pay off with and without tax? I never understood why they have a payoff that include tax. Does CCAP collect that money and pay the state for you or something?
In some states, tax is collected by the bank rather than paid during registration transfer.
Hi all,
Ordered a Rubicon x 4xe with sold order protection locking money factor and incentives which was just delivered to the dealer. Dealer is indicating the new MF, incentives, rebates, etc. as of September are more favorable to overall payment than when I locked in mid-July, but theyâre claiming the new MF is 0.00492 on a 36/12k lease through Stellantis with a 825+ FICO - MF seems incredibly high.
Could the current MF and incentives breakdown for a zip code of 80023 through Stellantis please be provided?
The mf is incredibly high, but there is also $11k in dealer cash.
What was your pre-incentive discount on the order?
Not familiar with Jeeps, but trying to get dealers to get to this target price for a Rubicon 4xe. However, every dealer is swearing theyâre losing several thousands at this price, despite them holding on their cars for 400+ days.
So is this price really unrealistic and am I missing something?
Thats a very aggressive, but not impossible to get, target. I would expect most to say no and they will be losing money on that deal.
1 Like
Whatâs considered an above average deal that doesnât have a lot of loss? 9% discount?
Is it possible to share the breakdown on 8.5k and 11k in incentives?
1 Like
$7500 SFS ev, $1000 TDM, $11000 dealer cash
1 Like
Invoice minus holdback is around 5-5.5% off msrp on these, so anything more than that would need to be motivated by the dealer chasing a volume bonus, trying to build volume for allocations, trying to clear inventory costs, etc.
1 Like
If you have any luck on this, please let me know.
1 Like
There are brokers on here that can get you discounts in the 10-12% region
1 Like
Sharing it here as well.
How is your target deal above better than this $290 + tax + DMV deal?
1 Like
Anyone familiar with Ally leases with Jeeps? Dealer is saying have to go with Ally instead of SFS.
Never dealt with them before, how will lease returns work? Anything I need to be on the lookout?