how to find money factor from advertised lease deal?

pete1987

Lease deal is from mazda website for 2018 cx5 touring sport

219 a month for 36 months
1999 down payment
capitalized cost 22220.00
residual 14573

payment excludes taxes and fees.

kyfdx

mpatel1987 said:

I calculated based on money factor you gave me .00018 i came up to 163.14 as base payment plus money factor.

can you show me calculation as to how they came up with 199

MSRP $24,150 plus $975 destination charge. Payment based on capitalized cost of $22,220 after $1,390 Mazda Customer Lease Support. Total payments of $7,886. Dealer participation required. Not all lessees will qualify for lowest payment through participating lender. Some payments higher, some lower based on residency and other factors. Lessee responsible for excess wear and mileage over 36,000 at $0.15/mile. Purchase option at lease end for $14,573 plus tax or price negotiated at signing. Take new retail delivery from dealer stock by 4/2/2018. See participating dealer for qualifications.

$25,125 MSRP
$22,220 adjusted CAP
$14572.50 residual
$212.43/mo. depreciation ($22220 - $14572.50) / 36 months
$6.62/mo. rent charge ($22220 + 14572.50) X .00018 MF
$212.43 + $6.62 = $219.mo.

kyfdx

mpatel1987 said:

Lease deal is from mazda website for 2018 cx5 touring sport

219 a month for 36 months
1999 down payment
capitalized cost 22220.00
residual 14573

payment excludes taxes and fees.

How do you find it? You ask us!

.00018 MF

pete1987

I calculated based on money factor you gave me .00018 i came up to 163.14 as base payment plus money factor.

can you show me calculation as to how they came up with 199

pete1987

Sorry how they came up with 219 a month.

pete1987

Thank you for explaining. now what's moey factor and residual percentage for zip code 94587?
2018 mazda cx5 touring with preferred package.

kyfdx

mpatel1987 said:

Thank you for explaining. now what's moey factor and residual percentage for zip code 94587?
2018 mazda cx5 touring with preferred package.

.00018 MF and 60% residual for 36/12

pete1987

sorry i was actually looking for 36/10.

pete1987

Also how accurate are your numbers MF & RV ? do dealers give these to all buyers?

kyfdx

mpatel1987 said:

Also how accurate are your numbers MF & RV ? do dealers give these to all buyers?

I don't believe there are degrees of accurate. These are the numbers.

Dealers can markup the money factor by as much as .00050 for extra profit.
Residuals cannot be altered.