(edited on 8/17/19 to reflect more accurate values)
Long time leaser but first time posting. Hoping to get a review of this deal. I couldn’t get the calculator to add up correctly. First time posting here,
Can someone break this down for me so i can possibly get a leasehackr score? Also wanted to get feedback on whether this is a good deal or not. I have more numbers if needed. Thank you.
New : Mileage:195
Selling Price 41,936
Gross Cap Cost $42,931
Adj Cap 40,872.11
DOC FEE $144/LIEN FE $26
ONLINE $16.97/PLATE FE $30
LOCAL F $5/TIRE TA 5
Amount Due at Lease Signing or Delivery $3,000, but I am only giving him $2,000
cap cost reduction $2,058.89
36 Months with 9% Tax: 435.84
title fee $55
Registration fees $38
sales/used tax $185.30
Annual Mileage Allowed: 12,000
Money Factor: .00077
Total Payments 18604.40
Are you sure about that MSRP? It can’t possibly be right. The car is $50,885 with just polestar, 19" wheels, and the heated steering wheel. I’m not even factoring in if you get metallic paint, plus the protection package premier is $470 (or $490? I forget.). The point is this should be at least $51,355.
Also, a breakdown on the selling price v. incentives would be helpful.
As a reference, I got mine with $680 DAS, for a $51,060 MSRP, with NY tax included, for $445/month, and that was with a higher MF a few months ago.
But there is also nearly an $1,100 difference between the selling price and adj. cap cost, unless that’s a cash reduction. But again, how can OP only be “giving him $2,000” if the quote is based on $3,000 at signing?