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Last sanity check on ix lease before 1/2
JommyJones
Member Posts: 14
Comments
Using the Adjusted CAP cost they list, I get the exact payment they do.
But..
$95,000
-$10,796.58 (deal contributions? This could mean anything)
+$1750 (fees.. need itemized)
--------------
= $85,953.42
Not the $87,701 they are showing as the adjusted CAP.
What I don't see is sales tax on this deal. Even if they are giving sales tax credits, you usually have to pay some amount of tax.
You need an explanation of the $1747 difference between those two numbers.
Seems like a reasonable deal, in any event.
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thanks @kyfdx
I think the difference may be tax w markup? I see the difference is exactly 2%. I thought sales tax w tax credit is 1%
Also, make sure you know what the other $1750 consists of.
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@kyfdx Thanks will do. Does bmw take msd on ix? Does it help in this case?
That would knock about $30/mo off the payment
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@kyfdx
Wanted to to circle back w 1750:
Acquisition fee: 925
License fee: 545
Doc fee: 225
Title fee: 38
Other fee: rest.
I was able to knock off $30/mo w conquest. Apparently msd is not allowed w tax credit?
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