PLEASE READ EVERYTHING BELOW BEFORE POSTING QUESTIONS OR PMing ME.
Let me be very clear about a few things:
1. I do not have specific pricing information, I cannot help with financing, additional discounts, rebates, or interaction with the dealership. I'm not qualified to answer these question.
2. DO YOU'RE OWN HOMEWORK. There's too many different model, options, dealer options, and trim levels for me to look up for you. Edmunds.com is pretty accurate on what "invoice" price is suppose to be. If my own mother asked me what invoice on a 2014 Impreza 2.0i Touring with Autolink rear view mirrors, and splash guards was, Edmunds is where I'd find her that information.
3. I am providing VIP status only as a favor to you. I'm asking very little for you to be ready to buy when you PM me. There's 4-5 people that your information gets inputted, processed, or somehow manipulated to get you VIP status and I don't want to waste their time if you're just shopping. Again, that's what Edmunds is for.
For those of you looking to buys a new Subaru and at the point you're ready to buy I can get anyone VIP pricing on any model. The break-down is as follows:
Example:
$22,440 Sticker Price Legacy (Example)
$21,196 Dealer Invoice Price (Estimate)
-$424 2% Additional Discount This has been discontinued after 1/31/11
+$1,454 Sales Tax (7% Indiana as example)
+$149 Doc Fees (Varies by Dealer)
$22,375 Subtotal
-$1,000 Current Rebate Incentives (Might be more or less depending on local deals)
$21,375 Final VIP Pricing
So the short of it is dealer invoice price,minus 2%, and you still qualify for any incentives going on at the moment. PM me anytime with questions or anything and I'll do my best to answer them. I'm not a salesman so don't ask me to price things out. Go to Edmunds.com or something to get get a rough idea of what invoice price is. Just thought I'd toss this out there for everyone.
TT
PS
Just to clarify I have nothing to do with any sort of sales. I'm justan engineer at Subaru passing along a discount so I'm not qualified to answer questions like what invoice price actually is or how much your trade is worth.
Edit:
Brad had a good question about leases. Yes the disount applies to leases. Your vehicle price would be lower ergo your monthly lease rate will be lower because of it. Again, some entirely made up numbers for the sake of example. As always do your own research.
Leasing is a simple formula with just a few things to keep in mind. Sale Price (What the car would sell for after all the negotiations), Residual Value (What the car is estimated to be worth after lease), Lease Terms (How long the lease is), and Money Factor (Finance charges)
Just for example sake MSRP is $20,000 vs. $19,000 VIP price, .00375 Money Factor and residual value is $15,000 after 36 months.
Monthly Lease = Depreciation Fee + Finance Fee + Sales Tax
MSRP Rate:
Depreciation Fee = ($20000-$15000)/36months = $138.89
Finance Fee = ($20000+$15000)*.00375 = $131.25
$138.89 + $131.25 = $270.14 + Sales Tax
Discount Rate:
($19000-$15000)/36months= $111.11
($19000+$15000)*.00375= $127.50
$111.11 + $131.25 = $238.61 + Sales Tax
If you are going to lease ALWAYS ask what the money factor is. Most people don't ask. When they give you the number (like .00375 in my example) multiply it by 2400 that'll be your APR or interest rate (.00375 X 2400 = 9%). Depending on your credit rating this number should be comparible to a national non-promotional average APR. For example as of today 1/16/2013 bankrate.com has 36month new car loans between 2.29% - 4.99% so if you have excellent credit your money factor should fall somewhere in between and 9% would be very high.
Let me be very clear about a few things:
1. I do not have specific pricing information, I cannot help with financing, additional discounts, rebates, or interaction with the dealership. I'm not qualified to answer these question.
2. DO YOU'RE OWN HOMEWORK. There's too many different model, options, dealer options, and trim levels for me to look up for you. Edmunds.com is pretty accurate on what "invoice" price is suppose to be. If my own mother asked me what invoice on a 2014 Impreza 2.0i Touring with Autolink rear view mirrors, and splash guards was, Edmunds is where I'd find her that information.
3. I am providing VIP status only as a favor to you. I'm asking very little for you to be ready to buy when you PM me. There's 4-5 people that your information gets inputted, processed, or somehow manipulated to get you VIP status and I don't want to waste their time if you're just shopping. Again, that's what Edmunds is for.
For those of you looking to buys a new Subaru and at the point you're ready to buy I can get anyone VIP pricing on any model. The break-down is as follows:
Example:
$22,440 Sticker Price Legacy (Example)
$21,196 Dealer Invoice Price (Estimate)
+$1,454 Sales Tax (7% Indiana as example)
+$149 Doc Fees (Varies by Dealer)
$22,375 Subtotal
-$1,000 Current Rebate Incentives (Might be more or less depending on local deals)
$21,375 Final VIP Pricing
So the short of it is dealer invoice price,
TT
PS
Just to clarify I have nothing to do with any sort of sales. I'm just
Edit:
Brad had a good question about leases. Yes the disount applies to leases. Your vehicle price would be lower ergo your monthly lease rate will be lower because of it. Again, some entirely made up numbers for the sake of example. As always do your own research.
Leasing is a simple formula with just a few things to keep in mind. Sale Price (What the car would sell for after all the negotiations), Residual Value (What the car is estimated to be worth after lease), Lease Terms (How long the lease is), and Money Factor (Finance charges)
Just for example sake MSRP is $20,000 vs. $19,000 VIP price, .00375 Money Factor and residual value is $15,000 after 36 months.
Monthly Lease = Depreciation Fee + Finance Fee + Sales Tax
MSRP Rate:
Depreciation Fee = ($20000-$15000)/36months = $138.89
Finance Fee = ($20000+$15000)*.00375 = $131.25
$138.89 + $131.25 = $270.14 + Sales Tax
Discount Rate:
($19000-$15000)/36months= $111.11
($19000+$15000)*.00375= $127.50
$111.11 + $131.25 = $238.61 + Sales Tax
If you are going to lease ALWAYS ask what the money factor is. Most people don't ask. When they give you the number (like .00375 in my example) multiply it by 2400 that'll be your APR or interest rate (.00375 X 2400 = 9%). Depending on your credit rating this number should be comparible to a national non-promotional average APR. For example as of today 1/16/2013 bankrate.com has 36month new car loans between 2.29% - 4.99% so if you have excellent credit your money factor should fall somewhere in between and 9% would be very high.
