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Subaru Forester Lease Questions

368 messages, Last post on Nov 28, 2009 at 4:54 AM
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Replying to: gooch5 (Oct 09, 2008 2:43 pm) MSRP RESIDUAL SALE PRICE (CAP COST) FEES (NET CAP COST) Whether or not that $379 included sales tax. Where did the out of pocket $1150 go? Was it to pay fees, dmv, 1st payment, etc? Or did you actually put money against the sale price? |
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Thanks for the response. I will get all the numbers tonight. The taxes were rolled into the monthly payments. The out of pocket was 1st payment, bank fee, sec deposit. I don't recall if the MV fees were put in here.
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Replying to: nias (Oct 07, 2008 5:28 am) MSRP multiplied by the residual % = Residual Value. Cap cost is the sale price of the vehicle including all rebates etc. Net Cap Cost is the sale price and all discounts PLUS any and all fees. Money factor is basically the interest rate charged for the lease. NET CAP COST minus RESIDUAL divided by term in months = YOUR BASE PAYMENT NET CAP COST plus RESIDUAL multiplied by MONEY FACTOR = RENT CHARGE Add YOUR BASE PAYMENT plus RENT CHARGE = YOUR LEASE PAYMENT Add your sales tax to monthly payment for total payment |
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Replying to: gooch5 (Oct 09, 2008 3:12 pm) |
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I still have to get the cap, net cap, and money factor costs. I am more interested in the XT model. The price give to me for that model was based on an MSRP of 28,115 With leather the monthly costs for the 09 xt was $394 per month with 1285 out of pocket which includes Bank fee, 1st payment, and plates. No sec deposit. Nias thanks for the formula. I am a newbie to leasing. I have always owned cars.
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Replying to: gooch5 (Oct 09, 2008 5:48 pm) |
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Replying to: sub4543 (Sep 30, 2008 4:27 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: arvan (Oct 03, 2008 4:11 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: btmatx (Oct 04, 2008 11:16 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nias (Oct 07, 2008 5:28 am) Check them out and let us know if you have any specific questions that they spark or don't understand something. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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