Quote:
Originally Posted by exclusivedetails
Too many factors. Is it tax on sales price or on just monthly payments? What is the MSRP of the car?
At a $140k MSRP, you want sales price to be around $112k assuming tax is based on monthly payment with zero down (just first month payment).
Residual changed from May? I believe my deal last month was 66%.
Get the dealership to send their calculation so we can see the break out. They can play tricks. Better sales price but increase the MF, add on misc. fees, calculate taxes incorrectly...etc. I usually go through each line on the lease calculation to make sure everything looks correct.
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Thanks for the info. More complicated than I thought.
Yup, the last 2 quotes I got had a residual of 64% for a 24mth/15K lease.
I'm hoping I get some better numbers tomorrow. Got some more calls to follow up on.