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Discussion Starter #1
I'm not into lots of fancy options. All I want is heated front seats ($500).

MSRP = 42,950+500 (heated seats)+995 (handling) = $44,445
Selling price = 41,779 (this is a discount off base price of $2,666)
Rebate = $500 (USAA)
Loyalty cash = $1000
Net Cap Cost = 41,779 - $1500 + $925 (acq fee) = $41,204
Money factor = .00176 (they will not negotiate this)
Term = 36 months, 10k miles
Residual = 62%
Cash down = $0
Monthly Payment including 4.5% tax = $523

Is the discount of $2,666 off MSRP good? Bad? Ok?

Thank You for your input/feedback.
 

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I'm not into lots of fancy options. All I want is heated front seats ($500).

MSRP = 42,950+500 (heated seats)+995 (handling) = $44,445
Selling price = 41,779 (this is a discount off base price of $2,666)
Rebate = $500 (USAA)
Loyalty cash = $1000
Net Cap Cost = 41,779 - $1500 + $925 (acq fee) = $41,204
Money factor = .00176 (they will not negotiate this)
Term = 36 months, 10k miles
Residual = 62%
Cash down = $0
Monthly Payment including 4.5% tax = $523

Is the discount of $2,666 off MSRP good? Bad? Ok?

Thank You for your input/feedback.
here is link to Leashackr web site
 

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Freedom isn't free!!
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19,884 Posts
If they won't give on the money factor they need to give at least another $1,200 on the price.
 

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That money factor equates to an interest rate of 4.22%. I would think a more reasonable money factor would be .00125, which equates to 3%. Also, the 62% residual seems a little low considering it's a 2017 with 10k miles/year.
 
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