First time lease for me and I have gotten several “quotes” from different dealers in my area. This one seems to be what I want, but not all of the items are on the quote to allow me to use the Leasehackr calculator. Here it is:
Term: 39
Single Pay: N
Annual Milage:12K
MSRP: 34,750
Net Selling Price: 33,200
Dealler Discount: 1,550
Net Cap: 27,644
Lease Cash: 4,400
Down Payment: 0
Net Trade: 0
Other Inscentives: 2,250
Ancillary/Other: 499
Mileage at Inception: 0
Purchase Miles: 0
Residual% 48%
Residual: 16,680
Acq Fee: 595
Security Deposit: Waived
Due at Signing: 311.71
Payment w/o Taxes 311.71
I talked with the sales guy (Ethan & Lucas) at Ron Tonkin yesterday and told him I was in WA, so sales tax had to be added and our local tax is 8.4% but I haven’t gotten an update on how the numbers would change yet. I am hoping to make this deal happen soon, as I already sold my daily driver - but I want to make sure I’m not being taken… Thank you!
Mark, Agree with Max_G on keeping to one thread. I might suggest editing your posts to remove your email address and phone # - you may get swamped with telemarketers. You can always share info via private message if you want to be contacted directly vs via thread postings.
Thank you, learning the system. It’s different than any I have used before… I put the email/phone number in to facilitate a quick response, but I forgot about incessant telemarketers… Thanks again!
What is the make and model? Email the dealer to get the money factor. Then compare the money factor with what you can find on Edmunds forum. Hard to offer advice not knowing what car it is.
Sorry, it’s a 2017 Volt LT, if the Money factor is the same as Mfactor incl. Markup: than it is .000069 However, I just found out that the dealer did not take into account that I am in WA, not Oregon, and the rebates/discounts are not the same. Another question, what do you think about putting money down to lower the payment? Thanks again.
You have enough info to use the calculator, but the money factor doesn’t look right. You need to spend more time reading posts here. Check other posts on volts. It’s not recommended to put money down.
Hi All, I decided a lease wasn’t for me at this time, so I purchased a lease return vehicle (2014 Volt with 33300 miles) pretty happy with it, so Thanks for your help, I have already recommended Leasehackr to a couple people. Have a Wonderful day!
