2015 Infiniti Q40 Lease Questions

135

Comments

  • kyfdxkyfdx Moderator Posts: 252,954
    oceang2 said:

    Yes. this includes the sales tax. Its 311.20 + 18.67 tax = 329.87
    Still seems high to me with what I'm reading here. Seems like this should be the lease price with nav and we have no nav here.

    How have we been getting the cap cost of 30K on other quotes ?

    Well.. if you are in California, doc fees are restricted to $80, for example.. Tell the dealer that with a $900 doc fee, you are going to need a better price on the car.

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  • mrtrancemrtrance Member Posts: 190
    jags6 said:

    Please let me know if this is a good deal..
    Q40 RWD with moonroof and navigation package for 39 months
    MSRP 39395
    Cap cost=30870.31
    mf=.0039
    Residual=55%
    Total drive off =1895.10 includes 899+TAX,REGISTARTION AND FEES
    $259 including tax

    Which state did you get this deal? What is the $899 fee? What is included in the $1895 drive off besides first payment, registeration, doc fee, etc.? Is $700 acquisition added to cap cost or to drive off?
  • MichaellMichaell Moderator Posts: 251,696
    mrtrance said:

    jags6 said:

    Please let me know if this is a good deal..
    Q40 RWD with moonroof and navigation package for 39 months
    MSRP 39395
    Cap cost=30870.31
    mf=.0039
    Residual=55%
    Total drive off =1895.10 includes 899+TAX,REGISTARTION AND FEES
    $259 including tax

    Which state did you get this deal? What is the $899 fee? What is included in the $1895 drive off besides first payment, registeration, doc fee, etc.? Is $700 acquisition added to cap cost or to drive off?
    I'm guessing this is Florida, home of the insanely high dealer fee.

    I get $276.12 pre-tax with the numbers quoted (I'm assuming you are missing a 0 in your MF - should be .00039). Your quote of $259 with tax looks really good by comparison.

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  • mmaniacimmaniaci Member Posts: 7
    Hello. I'm wondering what the MF and residual are for a 2015 Q40 with Nav., moonroof, and AWD. If they do 18K/36 or 18K/24.... if they don't do 18K, what is, 15K/36 and 15K/24.... thanks again!!
    MPM
  • kyfdxkyfdx Moderator Posts: 252,954
    mmaniaci said:

    Hello. I'm wondering what the MF and residual are for a 2015 Q40 with Nav., moonroof, and AWD. If they do 18K/36 or 18K/24.... if they don't do 18K, what is, 15K/36 and 15K/24.... thanks again!!
    MPM

    15Kyr.

    .00008 MF

    24 month: 60% residual
    36 month: 52% residual
    39 month: 51% residual

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  • spidpooyspidpooy Member Posts: 182
    edited April 2015
    What is the MF and Rv for 2015 Q40 with Nav, moonroof and AWD for 10K and 12K with 24 months, 36 months and 39 months ?

    Does these numbers change for the base AWD model with NO moonroof and Nav ?
    Is this number varies state to state ?
  • MichaellMichaell Moderator Posts: 251,696
    spidpooy said:

    What is the MF and Rv for 2015 Q40 with Nav, moonroof and AWD for 10K and 12K with 24 months, 36 months and 39 months ?

    Does these numbers change for the base AWD model with NO moonroof and Nav ?
    Is this number varies state to state ?

    All Q40 AWD have the same numbers.

    .00008 MF

    12K:
    24 month: 62% residual
    36 month: 54% residual
    39 month: 53% residual

    Add 1% for 10K.

    Infiniti numbers are national.

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  • spidpooyspidpooy Member Posts: 182
    Thanks Michaell, Did you consider any security deposit to for 0.00008 MF ? My dealer quote me with MF 0.00038.
    Moreover, do you have any idea about the RV of 65% for 10K/24 lease posted in here : http://slickdeals.net/f/7814835-excellent-lease-deal-infiniti-q40-200-to-300-month-for-12k-yr-well-equpped?v=1

    a few persons in that thread scored the deal with 65% RV. I was thinking that RV is set by bank and no one can change it.
  • spidpooyspidpooy Member Posts: 182
    Sounds like those numbers are for RWD model. Can you verify that ?
  • MichaellMichaell Moderator Posts: 251,696
    spidpooy said:

    Thanks Michaell, Did you consider any security deposit to for 0.00008 MF ? My dealer quote me with MF 0.00038.
    Moreover, do you have any idea about the RV of 65% for 10K/24 lease posted in here : http://slickdeals.net/f/7814835-excellent-lease-deal-infiniti-q40-200-to-300-month-for-12k-yr-well-equpped?v=1

    a few persons in that thread scored the deal with 65% RV. I was thinking that RV is set by bank and no one can change it.

    spidpooy said:

    Sounds like those numbers are for RWD model. Can you verify that ?

    24/10 for RWD is .00039 and 65%; for AWD, they are .00008 and 63%. Your dealer is marking up the MF to .00038 for extra profit.

    RV is set by the bank.

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  • kalanykalany Member Posts: 2
    Hello.. I am new to this board. Can someone tell how this deal looks?

    Q40 AWD with moonroof and navigation package for 10k miles/39 months
    MSRP: $40355
    MF: 0.00008
    RV: 0.54
    Due at signing : $2855
    Monthly Payment: $259
    Thanks
  • MichaellMichaell Moderator Posts: 251,696
    kalany said:

    Hello.. I am new to this board. Can someone tell how this deal looks?

    Q40 AWD with moonroof and navigation package for 10k miles/39 months
    MSRP: $40355
    MF: 0.00008
    RV: 0.54
    Due at signing : $2855
    Monthly Payment: $259
    Thanks

    What is the selling price? What is the breakdown of the $2855 due at signing?

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  • heineyheiney Member Posts: 5
    edited April 2015
    hey guys, im new to leasing, and a dealer just sent me this information:

    MSRP: $39,795

    PRICE $35,642

    Infiniti Dealer Cash $3250

    Sell Down Cash $1000

    Infiniti Loyalty $1000

    Your Infiniti Lease Price $30,392 Plus Tax

    What does the 'sell down cash' mean?
  • MichaellMichaell Moderator Posts: 251,696
    heiney said:

    hey guys, im new to leasing, and a dealer just sent me this information:

    MSRP: $39,795

    PRICE $35,642

    Infiniti Dealer Cash $3250

    Sell Down Cash $1000

    Infiniti Loyalty $1000

    Your Infiniti Lease Price $30,392 Plus Tax

    What does the 'sell down cash' mean?

    I would guess it's some sort of special incentive available to the dealer that they are passing along to you. I don't have any specifics.

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  • nobienobie Member Posts: 21
    Can you help me figure this out? I'm kinda working backwards.
    Monthly lease payment $322 not including NY taxes
    Down payment- suppose to me taxes upfront and fees only $3880.02 this includes $1000 loyalty
    I'm being told I must come up with $2163.89 out of pocket, taxes $1152.39, $12.50 tire fee, $700 bank fee and first payment. I believe the bank rate is .00008. The residual is $$20910.
    I do not have the selling price- Is this a good deal? This is for a Q40 AWD with Nav.
  • MichaellMichaell Moderator Posts: 251,696
    nobie said:

    Can you help me figure this out? I'm kinda working backwards.
    Monthly lease payment $322 not including NY taxes
    Down payment- suppose to me taxes upfront and fees only $3880.02 this includes $1000 loyalty
    I'm being told I must come up with $2163.89 out of pocket, taxes $1152.39, $12.50 tire fee, $700 bank fee and first payment. I believe the bank rate is .00008. The residual is $$20910.
    I do not have the selling price- Is this a good deal? This is for a Q40 AWD with Nav.

    It's hard to reverse engineer with this information. Get the MSRP and the net cap cost from the dealer.

    The MF of .00008 is correct - residual is based on lease term and miles per year. What are they?

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  • raven110raven110 Member Posts: 13
    Please let me know if this is a good deal for 2015 Q40 with Navigation and moon roof.
    MSRP $41,200
    Selling Price - $32,974
    Down payment - 0
    Money factor - .00008
    Bank Fee $700
    Adj Cap Cost - $32,974
    Term 24 / 12K / yr
    Residual - .62
    MOnthly payment - $314 / plus state tax 7.95%
    Drive Off - $1283

    I am not sure why i have drive off $1283 i thought it will be just my first month payment.
  • kyfdxkyfdx Moderator Posts: 252,954
    raven110 said:

    Please let me know if this is a good deal for 2015 Q40 with Navigation and moon roof.
    MSRP $41,200
    Selling Price - $32,974
    Down payment - 0
    Money factor - .00008
    Bank Fee $700
    Adj Cap Cost - $32,974
    Term 24 / 12K / yr
    Residual - .62
    MOnthly payment - $314 / plus state tax 7.95%
    Drive Off - $1283

    I am not sure why i have drive off $1283 i thought it will be just my first month payment.

    Bank fee is being paid upfront. Otherwise, your adjusted CAP cost would be different from your selling price.

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  • raven110raven110 Member Posts: 13
    kyfdx said:

    raven110 said:

    Please let me know if this is a good deal for 2015 Q40 with Navigation and moon roof.
    MSRP $41,200
    Selling Price - $32,974
    Down payment - 0
    Money factor - .00008
    Bank Fee $700
    Adj Cap Cost - $32,974
    Term 24 / 12K / yr
    Residual - .62
    MOnthly payment - $314 / plus state tax 7.95%
    Drive Off - $1283

    I am not sure why i have drive off $1283 i thought it will be just my first month payment.

    Bank fee is being paid upfront. Otherwise, your adjusted CAP cost would be different from your selling price.
    So over all what do you think is it a good deal ? Is there any possibility for me to negotiate further more ? Today is the last day of the month and i am thinking to close this deal coz i am not sure how next month deals will be on it.

    Please let me know.
  • MichaellMichaell Moderator Posts: 251,696
    raven110 said:

    kyfdx said:

    raven110 said:

    Please let me know if this is a good deal for 2015 Q40 with Navigation and moon roof.
    MSRP $41,200
    Selling Price - $32,974
    Down payment - 0
    Money factor - .00008
    Bank Fee $700
    Adj Cap Cost - $32,974
    Term 24 / 12K / yr
    Residual - .62
    MOnthly payment - $314 / plus state tax 7.95%
    Drive Off - $1283

    I am not sure why i have drive off $1283 i thought it will be just my first month payment.

    Bank fee is being paid upfront. Otherwise, your adjusted CAP cost would be different from your selling price.
    So over all what do you think is it a good deal ? Is there any possibility for me to negotiate further more ? Today is the last day of the month and i am thinking to close this deal coz i am not sure how next month deals will be on it.

    Please let me know.
    Over $8K off sticker looks good to me, but I've never shopped in that price category before.

    The numbers work out the same for me --- $314/mo before tax.

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  • kalanykalany Member Posts: 2
    Michaell said:

    kalany said:

    Hello.. I am new to this board. Can someone tell how this deal looks?

    Q40 AWD with moonroof and navigation package for 10k miles/39 months
    MSRP: $40355
    MF: 0.00008
    RV: 0.54
    Due at signing : $2855
    Monthly Payment: $259
    Thanks

    What is the selling price? What is the breakdown of the $2855 due at signing?


    I asked them again about the breakdown .. Here it is what I got..

    Now MSRP that they have is $40995 and selling price is $32686. RV is 54% and MF is 0.00008.

    due signing is $2800 ( includes that bank fee $700, Doc fee $484, NJ registeration fee $370, Sales tax $800~850 & first month payment)

    monthly $259.00 .. Do you think it is still good deal ?



  • spidpooyspidpooy Member Posts: 182
    kalany said:

    Michaell said:

    kalany said:

    Hello.. I am new to this board. Can someone tell how this deal looks?

    Q40 AWD with moonroof and navigation package for 10k miles/39 months
    MSRP: $40355
    MF: 0.00008
    RV: 0.54
    Due at signing : $2855
    Monthly Payment: $259
    Thanks

    What is the selling price? What is the breakdown of the $2855 due at signing?


    I asked them again about the breakdown .. Here it is what I got..

    Now MSRP that they have is $40995 and selling price is $32686. RV is 54% and MF is 0.00008.
    due signing is $2800 ( includes that bank fee $700, Doc fee $484, NJ registeration fee $370, Sales tax $800~850 & first month payment)
    monthly $259.00 .. Do you think it is still good deal ?
    $8.5K discount on MSRP is decent deal IMO. I am getting $274 pre tax for this offer. Which dealer give you this number ? I am interested too. Do you need to pay for security deposit ?
  • heineyheiney Member Posts: 5
    Got money factor and residual for may yet? 24/12k
  • spidpooyspidpooy Member Posts: 182
    Money factor and RV for AWD has been changed in May compared with last month ?
  • heineyheiney Member Posts: 5
    edited May 2015
    Dealer told me RV and MF is .63/0.00021 for 24/12K

    MSRP=$39,795
    Selling: $31,000
    License/Smog fee: $332
    Doc fee: $80
    Bank fee: $700
    Tax: 8.75%
    MSD: $600 (2 x $300)
    My question is, would it better to pay the license and doc fee upfront, and roll the bank fee into the cap cost, or roll all of it?


  • spidpooyspidpooy Member Posts: 182
    heiney said:

    Dealer told me RV and MF is .63/0.00021 for 24/12K

    MSRP=$39,795
    Selling: $31,000
    License/Smog fee: $332
    Doc fee: $80
    Bank fee: $700
    Tax: 8.75%
    MSD: $600 (2 x $300)
    My question is, would it better to pay the license and doc fee upfront, and roll the bank fee into the cap cost, or roll all of it?

    First of all, I think your MF is inflated by dealer for extra profit. I told you this fact in the Slickdeals forum. Regarding your question, I think If you can pay all of those fees upfront, do that. Otherwise, you will have to pay interest on those.
    I believe it only make sense to capitalize Tax as well as Selling price. If your vehicle gets totaled at the end of 1st year, then you don't have to run to get the reimbursement for the Tax that you have paid up-front for 2 years and use it only 1 year.
  • heineyheiney Member Posts: 5
    spidpooy said:
    Dealer told me RV and MF is .63/0.00021 for 24/12K MSRP=$39,795 Selling: $31,000 License/Smog fee: $332 Doc fee: $80 Bank fee: $700 Tax: 8.75% MSD: $600 (2 x $300) My question is, would it better to pay the license and doc fee upfront, and roll the bank fee into the cap cost, or roll all of it?
    First of all, I think your MF is inflated by dealer for extra profit. I told you this fact in the Slickdeals forum. Regarding your question, I think If you can pay all of those fees upfront, do that. Otherwise, you will have to pay interest on those. I believe it only make sense to capitalize Tax as well as Selling price. If your vehicle gets totaled at the end of 1st year, then you don't have to run to get the reimbursement for the Tax that you have paid up-front for 2 years and use it only 1 year.
    Comes out to an extra $1.50 per month ($36 total) in interest if I roll the fees into the cap cost. 
  • spidpooyspidpooy Member Posts: 182
    heiney said:


    Comes out to an extra $1.50 per month ($36 total) in interest if I roll the fees into the cap cost. 

    Then that make sense to roll in those fees. Did you include everything (Doc, TTL and bank fee) or just $700 bank fee ?

  • heineyheiney Member Posts: 5
    edited May 2015
    spidpooy said:
    Comes out to an extra $1.50 per month ($36 total) in interest if I roll the fees into the cap cost. 
    Then that make sense to roll in those fees. Did you include everything (Doc, TTL and bank fee) or just $700 bank fee ?
    i calculated the difference between rolling all fees vs just rolling the bank fee, and its a $36 difference after 24 months, unless im calculating something wrong
  • spidpooyspidpooy Member Posts: 182
    Can we have Money factor and RV for AWD 24/10K , 39/10K , 24/12K and 39/12K in May ?
  • sebastian10sebastian10 Member Posts: 72
    Are these numbers nationwide?
  • spidpooyspidpooy Member Posts: 182

    Are these numbers nationwide?

    Which numbers ? I am still waiting for May numbers hope some body can post it here. However, I believe Infiniti numbers are nation wide.
  • pmo86pmo86 Member Posts: 9
    I was told the numbers for May for 10k miles are 63%/55%/54% 24/36/39 mo.
  • spidpooyspidpooy Member Posts: 182
    pmo86 said:

    I was told the numbers for May for 10k miles are 63%/55%/54% 24/36/39 mo.

    Are you sure about the 24 month ? One dealer quote me 62% and you mention it is 63%.

  • pmo86pmo86 Member Posts: 9
    spidpooy said:

    pmo86 said:

    I was told the numbers for May for 10k miles are 63%/55%/54% 24/36/39 mo.

    Are you sure about the 24 month ? One dealer quote me 62% and you mention it is 63%.

    That is what my dealer emailed me today.
  • kyfdxkyfdx Moderator Posts: 252,954
    spidpooy said:

    Can we have Money factor and RV for AWD 24/10K , 39/10K , 24/12K and 39/12K in May ?


    .00008 MF and 62%/61% residual for 24 months... 54%/53% residual for 39 months.

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  • spidpooyspidpooy Member Posts: 182
    pmo86 said:

    spidpooy said:

    pmo86 said:

    I was told the numbers for May for 10k miles are 63%/55%/54% 24/36/39 mo.

    Are you sure about the 24 month ? One dealer quote me 62% and you mention it is 63%.

    That is what my dealer emailed me today.
    According to the last post, sounds like your dealer send you wrong RV. That RV was from the month of April and has been dropped this month.

  • MichaellMichaell Moderator Posts: 251,696
    spidpooy said:

    pmo86 said:

    spidpooy said:

    pmo86 said:

    I was told the numbers for May for 10k miles are 63%/55%/54% 24/36/39 mo.

    Are you sure about the 24 month ? One dealer quote me 62% and you mention it is 63%.

    That is what my dealer emailed me today.
    According to the last post, sounds like your dealer send you wrong RV. That RV was from the month of April and has been dropped this month.

    Correct - 24/10 residual is now 62% for AWD, 63% for RWD. The 36 and 39 month residuals are the same for either drive - 55% for 36/10 and 54% for 39/10

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  • spidpooyspidpooy Member Posts: 182
    edited May 2015
    Is this a good deal ??

    Q40 AWD without moonroof
    MSRP $36,450
    Sale price $28,800
    cap cost $29,800 (added back fee and dealer doc fee)
    RV 54%
    MF 0.00008
    Terms 39/10K
    Tax rate: 6%

    Monthly payment $279.0
    Drive off: 1 month payment + Title ($300-$400)
  • spidpooyspidpooy Member Posts: 182
    edited May 2015
    ---
  • spidpooyspidpooy Member Posts: 182
    edited May 2015
    ---
  • MichaellMichaell Moderator Posts: 251,696
    spidpooy said:

    Is this a good deal ??

    Q40 AWD without moonroof
    MSRP $36,450
    Sale price $28,800
    cap cost $29,800 (added back fee and dealer doc fee)
    RV 54%
    MF 0.00008
    Terms 39/10K
    Tax rate: 6%

    Monthly payment $279.0
    Drive off: 1 month payment + Title ($300-$400)

    My numbers work out the same as yours ...

    You guys are killing me with these great deals. I'm in my lease until November 2016. If the car and the deals are this good at that time, I may have to pull the trigger myself.

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  • spidpooyspidpooy Member Posts: 182
    Michaell said:

    spidpooy said:

    Is this a good deal ??

    Q40 AWD without moonroof
    MSRP $36,450
    Sale price $28,800
    cap cost $29,800 (added back fee and dealer doc fee)
    RV 54%
    MF 0.00008
    Terms 39/10K
    Tax rate: 6%

    Monthly payment $279.0
    Drive off: 1 month payment + Title ($300-$400)

    My numbers work out the same as yours ...

    You guys are killing me with these great deals. I'm in my lease until November 2016. If the car and the deals are this good at that time, I may have to pull the trigger myself.
    Thanks. You should target 2017 Q50 at that time. Q40 will die this year. One more question, at the end of 39/10K lease, my car milage should be 32.5K (30K for 3 years + 2.5K for 3 months) ? What if the car already has 500 miles on it since the car was in the dealer for 5-6 months ? In this case, do I need to return the car with 33K miles ? Do I have to ask them to take this type of depreciation in to the account ?
  • MichaellMichaell Moderator Posts: 251,696
    spidpooy said:
    Is this a good deal ?? Q40 AWD without moonroof MSRP $36,450 Sale price $28,800 cap cost $29,800 (added back fee and dealer doc fee) RV 54% MF 0.00008 Terms 39/10K Tax rate: 6% Monthly payment $279.0 Drive off: 1 month payment + Title ($300-$400)
    My numbers work out the same as yours ... You guys are killing me with these great deals. I'm in my lease until November 2016. If the car and the deals are this good at that time, I may have to pull the trigger myself.
    Thanks. You should target 2017 Q50 at that time. Q40 will die this year. One more question, at the end of 39/10K lease, my car milage should be 32.5K (30K for 3 years + 2.5K for 3 months) ? What if the car already has 500 miles on it since the car was in the dealer for 5-6 months ? In this case, do I need to return the car with 33K miles ? Do I have to ask them to take this type of depreciation in to the account ?
    Lease documents should indicate starting miles. 

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  • daveq40daveq40 Member Posts: 2
    Please Evaluate my lease deal - leased 4/27/15 in texas - included, pearl paint, Nav, MoonRoof, Trunk Mat, net, first aid, Ilum kick plates- Never leased before so newbee - thanks
    MSRP=$39,795
    Selling: $34,975.93
    Gross Cap Cost $38,026.18 (taxes, fees,etc.)
    Captialize Cap Reduction $3853.06 (3200 dn, 1000 fac rebate minus first mo payment - $346.94)
    Adjusted Cap Cost 34,173.12
    Residual Value $21,489.30 (54%) seems high?
    mf 0.000390

    mo payment $346.94 (325.21 which was $34,173.12 (adj cap cost)-$21,498.30 (act residual)+
    monthly rental charge $21.71(adj cap cost 34,173.12+act resid $21,489.30 x MF 0.000390)

    thanks again












  • MichaellMichaell Moderator Posts: 251,696
    daveq40 said:

    Please Evaluate my lease deal - leased 4/27/15 in texas - included, pearl paint, Nav, MoonRoof, Trunk Mat, net, first aid, Ilum kick plates- Never leased before so newbee - thanks
    MSRP=$39,795
    Selling: $34,975.93
    Gross Cap Cost $38,026.18 (taxes, fees,etc.)
    Captialize Cap Reduction $3853.06 (3200 dn, 1000 fac rebate minus first mo payment - $346.94)
    Adjusted Cap Cost 34,173.12
    Residual Value $21,489.30 (54%) seems high?
    mf 0.000390

    mo payment $346.94 (325.21 which was $34,173.12 (adj cap cost)-$21,498.30 (act residual)+
    monthly rental charge $21.71(adj cap cost 34,173.12+act resid $21,489.30 x MF 0.000390)

    thanks again

    I think you did fine. Texas applies sales tax to the entire selling price, so your payment will be higher than others who post here and have only the monthly payment subject to tax.

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  • daveq40daveq40 Member Posts: 2
    Thanks - guess it is more expensive to lease here in texas then - I did not realize that difference.
  • MichaellMichaell Moderator Posts: 251,696
    daveq40 said:

    Thanks - guess it is more expensive to lease here in texas then - I did not realize that difference.

    Texas, Maryland and Georgia all tax the entire sales price.

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  • sebastian10sebastian10 Member Posts: 72
    Michaell said:
    Thanks - guess it is more expensive to lease here in texas then - I did not realize that difference.
    Texas, Maryland and Georgia all tax the entire sales price.
    Illinois has changed that practice since January 1, and now we pay a tax on payments only. 
  • pmo86pmo86 Member Posts: 9
    edited May 2015
    daveq40 said:

    Please Evaluate my lease deal - leased 4/27/15 in texas - included, pearl paint, Nav, MoonRoof, Trunk Mat, net, first aid, Ilum kick plates- Never leased before so newbee - thanks
    MSRP=$39,795
    Selling: $34,975.93
    Gross Cap Cost $38,026.18 (taxes, fees,etc.)
    Captialize Cap Reduction $3853.06 (3200 dn, 1000 fac rebate minus first mo payment - $346.94)
    Adjusted Cap Cost 34,173.12
    Residual Value $21,489.30 (54%) seems high?
    mf 0.000390

    mo payment $346.94 (325.21 which was $34,173.12 (adj cap cost)-$21,498.30 (act residual)+
    monthly rental charge $21.71(adj cap cost 34,173.12+act resid $21,489.30 x MF 0.000390)

    thanks again

    daveq40,

    edit: just noticed you already leased

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