How do calculate the lease terms of a 2014 Lexus ES 350 an existing car loan payoff?
jerzeegirl17
Member Posts: 1
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?
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?
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Answers
.00075 MF and 54%/55% residual. $1350 lease cash.
Add negative equity to "P"
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