Leasing

tim235i_

Hi, I acquired the MF and Residual and loyalty credits but still cant seem to get the calculation right on lease hacker calculator, I want to avoid putting down any down payments but would like to trade in my $8,000 vehicle. Here is the information of the taxes and incentives based off my area. zip code 55423
dealership asking price $52,893
true value of car $49,937

.00075 MF and 51% residual
$5500 lease cash

Upfront Taxes & Fees
$1,854.97
Upfront Taxes
$1,141.22
Title Fee
$13.75
License Fee
$600.00
Documentation Fee
$100.00
Capped Taxes & Fees
$795.00
Capped Taxes
$0.00
Acquisition Fee
$795.00
Monthly Taxes
$0.00

Michaell

tim235i_ said:

Hi, I acquired the MF and Residual and loyalty credits but still cant seem to get the calculation right on lease hacker calculator, I want to avoid putting down any down payments but would like to trade in my $8,000 vehicle. Here is the information of the taxes and incentives based off my area. zip code 55423
dealership asking price $52,893
true value of car $49,937

.00075 MF and 51% residual
$5500 lease cash

Upfront Taxes & Fees
$1,854.97
Upfront Taxes
$1,141.22
Title Fee
$13.75
License Fee
$600.00
Documentation Fee
$100.00
Capped Taxes & Fees
$795.00
Capped Taxes
$0.00
Acquisition Fee
$795.00
Monthly Taxes
$0.00

Can't help you with the leasehackr calculator; I use a home grown spreadsheet.

Using $8000 trade equity is the same as putting down $8000 cash.

What payment is the dealer quoting you?
What cap cost is the dealer using for that payment quote?