Funny thing no, that’s was not my first mistake but one of my many, I made them trade this vehicle with another, and I actually never saw the sticker bc it was already off when they pulled it around. But I will say, the msrp math @mllcb42 showed me doesn’t lie… also this vehicle I received does have some likely dealer add-ons from the other deal. I.E. weather tech Mats.
Regardless, thank you everyone I can rest easier. Like I said, there are better deals out there, I would say, u should be able to easily get this same deal plus about a $1500 to $2000 dealer incentive
Good job on taking the advice of the helpful people here. I’m glad you were able to make it a bit better than it was.
Looking forward to seeing your progress in three years when it’s time to lease another one, you got this!.
Hey man congrats on getting the VIP crap removed and selling price to MSRP so that they weren’t completely taking advantage of you Obviously it’s not a great deal, but at least they owned up to screwing you initially. I’m trying to fix your calculator…what’s your tax rate? And what is total rent charge on the contract?
Here is what I have so far…
Congrats OP! Just curious, since you had the opportunity to restructure the deal, did you attempt to separate the trade from the lease? basically pocketing the $9500 from the trade…
No, I never did, I did that on purpose to make my payment lower, I have a lot of money tied up in real estate and my side buisness that by the time 3 years passes I will have the money to by the remainder out right. Right now I’m okay with the lower monthly.
I could get the tax rate to be exact, but if u click one of the buttons to pay fees up front, either the dealer or the aq, it’s pretty close to my deal
You actually put $533.22 as a “down payment” or CCR, in addition to the $9500 trade-in. That was used to pay the first monthly payment, acq fee, and doc fee. Everything else was rolled in (capitalized).
That’s a big generalization. Insurance companies usuaypay out ACV which is going to be well above the OP’s payoff number; it then becomes a question of how much