Rate: 0.00123 (Should be 0.00073)
Monthly: $474.07 before tax
I’ve run the numbers in the lease calculator and I’m coming up with $447 before tax using the .00123 MF and $415 using the correct .00073 MF. Does anyone know why the price is off? Also they are saying that the Costco Auto Pricing can’t be combined with the GM Educator Discount, is this true?
So with a money factor of .00123 like the quote shows the payment should still be $493.75 with tax included at 8.25% and $1,400.63 at signing ($493.75 1st month payment, $268.13 Tax on cap reduction, $550 License/Title, $80 Doc Fee & $8.75 Tire Fee)
If it’s at the .00073 MF with a tier 1 credit then the payments should come to $458.94 after tax and $1,365.82 at signing ($458.94 1st month payment, $268.13 Tax on cap reduction, $550 License/Title, $80 Doc Fee & $8.75 Tire Fee)
If I’m off on these numbers please let me know but this is what I’m coming up with the numbers provided.
Also do you think there is anymore room in negotiating down the price a bit more? This is the 1st offer he sent so I would imagine there is but I’m not sure how the Costco pricing works.