How do calculate the lease terms of a 2014 Lexus ES 350 an existing car loan payoff?

jerzeegirl17jerzeegirl17 Member Posts: 1
edited October 2014 in Lexus
Can you provide the MF and RV for NJ with the following terms: 39/12K 39/10K

Also I understand the lease calculation to be (P-R)N+F*(P+R). Where would I add negative equity from a prior car loan into this calculation?

Answers

  • kyfdxkyfdx Moderator Posts: 210,201

    Can you provide the MF and RV for NJ with the following terms: 39/12K 39/10K

    Also I understand the lease calculation to be (P-R)N+F*(P+R). Where would I add negative equity from a prior car loan into this calculation?


    .00075 MF and 54%/55% residual. $1350 lease cash.

    Add negative equity to "P"

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