First timer here. First off thanks to members of the forum - learned a lot over the years and finally ready to pull the trigger on a deal I worked on today. Would appreciate your thoughts. Thanks in advance.
Sales Price $42,200.00
Incentives $5,250.00 ($1000 Grad, $1000 “May Enhancement”, $3250 Lease)
Adjusted Cap Cost $36,950.00
Residual $31,459.05 (63%)
MSD $2,463.48 (Max)
MF .0018 (.00165-.00035 for MSD reduction+.0005 for acq fee waiver)
Drive Off Fees $4186.78 include:
First Month $352
Security Deposit $2463
Upfront Taxes $347.81 (on the incentives) + $559.56 (on the payments)
Dealer/Registration Fees $464
Can you post a calc link thanks, and by the numbers you don’t have loyalty I’m guessing correct? That’s a killer ( aprox 90 dollars per month )
Otherwise for a non loyalty deal I think it is solid if you had loyalty you would be effectively at around 300 ish per month which would be a pretty awesome deal but without it I think this is pretty good
I would try going 1-2% more down on selling price but recently I’ve been hearing due to the “enhanced lease cash” they aren’t discounting as hard
So as it turns out, I needed to make a trip out of country last week and wasn’t able to close the deal, so back on the hunt! Which may work out since the incentives went up a bit June? We’ll see how it goes. Thanks for your help.