Here is an offer I got
MSRP 148,295
Selling Price $120,000
Residual 63% or $93,426
MF .00178
Sales Tax: $9448
Cap Cost Reduction: $5k
Monthly Depreciation: $845 (includes taxes)
Interest: $377
Total is $1,251
They got the sales tax wrong. It should only be $3,400. Money factor is also marked up slightly. With this correction, it should be $993 a month with $5k down. I also think 24 months might be better.
|