12-27-2022, 08:32 PM | #1 |
Private First Class
19
Rep 113
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Cap Cost Reduction with Rebate?
Would you please explain what is a Cap Cost Reduction and how it works exactly? What is Cap Cost Reduction for?
The dealer wrote a Cap Cost Reduction ~$4,000 for my down payment and then a ~$3,200 rebate, meaning a $800 down payment total effectively on my lease. (I told them I only want to put down First Month payment, which is $800) MSRP is $51,000. What is the point of this and why was it done exactly? TY! |
12-28-2022, 07:22 AM | #2 |
Private
40
Rep 90
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It’s basically a down payment. I am not precisely sure why they do it this way. I had the same issue but I ran the math and it all kinda worked out. I think part of it was to get the next 50$ off of the MSDs.
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