How to incorporate equity of trade-in to new car lease calculation
I have a trade-in with equity of $8k. I am assuming I would save on sales tax and perhaps other benefits however unclear how to account for this in the standard lease calculation, see attached photo. Where do I claim the trade-in of $25 with $17k remaining loan balance? I was going to deduct the money down from the equity and the balance to be paid back to me in cash. Other ways to work it out?