Leasing

tim235i_tim235i_ Member Posts: 3
edited March 2019 in Lexus
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
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Comments

  • MichaellMichaell Moderator Posts: 259,714
    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?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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