I only spent 10 minutes on it, it was clear it wouldn’t get anywhere I wanted.
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Has anyone successfully gotten the 289 a month for 24 months? I didn’t realize how much they can hide and lease payments.
The current offer (5/1/23-5/31/23) is $442/mo - 24mo $4,441 on a $42,480+$1,345 base SE.
Looking at actual car lease breakdowns, SE RV seems to be 50%, and the APR is 7.58%.
SEL has higher discount, but 49% RV. Here’s what I’d like to figure out: how do we get the following: Qualified lessees of a 2023 Mitsubishi Outlander PHEV may qualify for up to a $7,500 lease incentive plus an additional $1,500 in lease cash What is the additional cash?
$442 Per MO for 24 MO With Federal EV Incentive Plus $1,500 Lease Cash. 2 - 31 May 2023
Lease: $442 per month / 24 months / $4,441 due at lease signing. Includes required refundable security deposit. Excludes tax, license, title, registration, documentation fees, insurance and the like.
Lease example for 2023 Outlander PHEV SE S-AWC, MSRP $42,480 plus $1,345 ($1,470 Alaska / Hawaii) destination and handling. Net capitalized cost is $32,600 and includes $595 acquisition fee, $6,321 Federal EV tax credit, and $1,500 in lease cash. Available through Santander Consumer USA, subject to approved credit and insurance. Qualified lessees of a 2023 Mitsubishi Outlander PHEV may qualify for up to a $7,500 lease incentive plus an additional $1,500 in lease cash. Lease incentive is offered by a third party as a cap cost reduction, is not within Mitsubishi’s control, and is subject to change without notice. $1,500 lease cash may be utilized as an additional cost cap reduction at the discretion of the customer. Lessees cannot claim a tax credit on personal tax return. Consult a tax professional for details and eligibility requirements. This information does not constitute tax or legal advice. Restrictions apply. Incentives referenced are for informational purposes only. Option to purchase at lease end at price determined at lease signing. Lessee is responsible for maintenance, repairs, excess wear, and $0.25 per mile over 10,000 miles/year and $395 disposition fee if applicable. Contact your dealer for details. Offer valid from 05/02/2023 through 05/31/2023.
Pricing breakdown on an SE:
$566.26/monthly x 36 months x 10K
- Vehicle Price $44,410.00
- Acquisition Fee $595.00
- Capitalized Cost Adjustment -$10,621.00
- Amount Financed $34,384.00
- Annual Percentage Rate 7.58%
- Tax Rate 9.50%
- First Payment $566.26
- Due On Delivery $4,075.26
- Finance Charge $6,437.52
- End of Lease Amount $22,205.00 [50% Residual]
Pricing Breakdown on an SEL:
$617.79/monthly x 36 months x 10K
- Vehicle Price $47,185.00
- Acquisition Fee $595.00
- Capitalized Cost Adjustment -$11,146.00
- Amount Financed $36,634.00
- Annual Percentage Rate 7.58%
- Tax Rate 9.50%
- First Payment $617.79
- Due On Delivery $4,176.66
- Finance Charge $6,797.52
- End of Lease Amount $23,120.65 [49% Residual]
No it isnt. Dont forget the thousands in ttl not included in that number.
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