Agreed upon value of Vehicle? What is this?

You don't have to buy it. 've said this on multiple threads. The most you should be paying on a Sport Model is $500 over invoice with no fees attached. Just walk out. Its super easy.

Now, Are you sure that price isn't also including all your taxes?

anyone else leasing? can anyone confirm that their "agreed upon value" on the printed contract is the same amount they negotiated?

If your salesperson and/or finance manager can't / won't explain it to you in terms you can understand, then you need to find another salesperson. If you're in Norcal, come see me. I'll make it easy and explain everything. Bring in your current offer so I can match or better what they offered you. If you're in So Cal, look in the thread on leasing and find out where people have gone and gotten good deals. User ejhyun on here is a finance manager at a socal dealer, I'm sure he can help you and make sure you get a good deal.

I already have the car. I only noticed that the Amount valued for the car is over 3k more than what we agreed on today. So the payments is higher than it should be since the leased amount is based on the higher price.

The finance guy and my sales rep will get back to me on Friday. As they is waiting for the answers as well.

If you bought the car in November and you qualify for the $3250 loyalty incentive, the value of the car will be $3250 higher than agreed because he will apply the incentive as a down payment. It should not affect the payments that you agreed on.

I've never heard of this "agreed upon value" of the car term. is that a term that is common when buying cars? Seems like a scam to me. I would go elsewhere. Seems to me that the agreed upon price of the vehicle should be the MSRP. Why would it be any higher?

Nero said:

If you bought the car in November and you qualify for the $3250 loyalty incentive, the value of the car will be $3250 higher than agreed because he will apply the incentive as a down payment. It should not affect the payments that you agreed on.

Click to expand...

This might be it. Still confusing as to why the value of the car would increase if I go with the loyalty incentive. Looks like the loan is based on the higher value honestly.