Quote:
Originally Posted by BlueZ4AZ
The depreciation is $57,950 NET CAP Cost - $39,705 Residual Value = $18,245 / 30 mo. = $608/mo.
$608 x 1.08365 = $659/mo. inc tax + whateveer the small interest per month is.
Looks like they made some kind of error computing your payment, or I could just be missing something. Either way a good deal!!!.
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I ran it through the calculator and got a base payment of $553.06, and a payment with tax of 598.69, which means I missed something too. Did you use a residual of 66% and calculate that from MSRP?
This lease = ridonkulous, I'm suprised they would do a straight invoice deal on a car that isn't even on the ground yet. Congrats to the new driver!