So, this is the first time I’m looking at lease offers. Any advice is helpful and I’ll answer any questions or try to reply if more information is needed.
Is this a decent deal?
Thank you!
Lease Details & Summary
Length: 36/mo
Mileage: 12,000/yr
Payment: $373/mo
Residual Value: $16,660 (63%)
Credit Rating: Excellent (740-900)
Money Factor: 0.00222 (or 5.3 APR%)
Estimated Trade-In: $0
Price: $25,725 ($26,445 MSRP - $720 Special Lease Cash)
Due at Signing: $503 ($0 Cash Down + $130 Document Fee + $373 First Monthly Payment)
Taxes & Fees: $1,288 ($650 Acquisition Fee + $638 Taxes Capitalized)
Estimated Adjusted Cap Cost: $27,083
Approximate Monthly Payment Breakdown
Depreciation: $261/mo
Interest: $94/mo
Sales Tax: $18/mo
Total Monthly Payment: $373/mo