Is this a good lease deal for a 2020 STI Base Model?
Thread Starter
Registered User
Joined: Feb 2012
Posts: 150
From: San Francisco, CA
Car Info: 2008 Subaru WRX
Is this a good lease deal for a 2020 STI Base Model?
Hi,
I have decided to go with a lease on a 2020 STI Base Model in Crystal White Pearl with no options.
Here is the breakdown of how much the car is and the OTD:
2020 STI Base Crystal White Pearl no options:
Car Price: $34,399.00
Document Fee: $85.00
DMV Filing Fee: $30.00
Tire Fee: $8.75
DMV: $463.00
Sales Tax (CA Tax): $2,920.14
OTD: $37,905.89
I am planning to do a 36 months (3 years) with 10,000 miles a year and will be putting a down payment of $5,000 to lower my monthly payments. Below is a breakdown of the lease:
MSRP: $37,895.00
Mileage: 10,000 miles a year
Residual %: 62.00%
Residual Value: $23,494.90
Initial Cap Cost: $34,399.00
Bank Fee in Cap: $595.00
Accessories: $30.00
Doc Fee: $85.00
Adjusted Cap Cost: $31,226.56
Term: 36 months (3 years)
Money Factor: 0.00155
Base Monthly Rental: $299.57
Monthly Use Tax: 8.50% ($25.46)
Total Monthly Payment: $325.03
License: $461.00
Total Cap Reduction: $3,797.44
Cap Reduct Tax: 8.50% ($322.78)
Cash Down: $5,000.00
Total Working Cash: $5,000.00
Drive Off: $5,000.00
I wanted to get some input and feedback on this lease. Is there any part of the lease that I can negotiate?
Thank you,
I have decided to go with a lease on a 2020 STI Base Model in Crystal White Pearl with no options.
Here is the breakdown of how much the car is and the OTD:
2020 STI Base Crystal White Pearl no options:
Car Price: $34,399.00
Document Fee: $85.00
DMV Filing Fee: $30.00
Tire Fee: $8.75
DMV: $463.00
Sales Tax (CA Tax): $2,920.14
OTD: $37,905.89
I am planning to do a 36 months (3 years) with 10,000 miles a year and will be putting a down payment of $5,000 to lower my monthly payments. Below is a breakdown of the lease:
MSRP: $37,895.00
Mileage: 10,000 miles a year
Residual %: 62.00%
Residual Value: $23,494.90
Initial Cap Cost: $34,399.00
Bank Fee in Cap: $595.00
Accessories: $30.00
Doc Fee: $85.00
Adjusted Cap Cost: $31,226.56
Term: 36 months (3 years)
Money Factor: 0.00155
Base Monthly Rental: $299.57
Monthly Use Tax: 8.50% ($25.46)
Total Monthly Payment: $325.03
License: $461.00
Total Cap Reduction: $3,797.44
Cap Reduct Tax: 8.50% ($322.78)
Cash Down: $5,000.00
Total Working Cash: $5,000.00
Drive Off: $5,000.00
I wanted to get some input and feedback on this lease. Is there any part of the lease that I can negotiate?
Thank you,
Thread
Thread Starter
Forum
Replies
Last Post
