I am working on a lease for a 2020 BMW i3 REX. I was given this following information from the dealership. Money Factor: .00122 Residual: .57 MSRP: $53,495 Selling Price: $38,308 Downpayment: $5,000 Lease: $277/month However, when I plug this into the calculator I get $202/month. Any hacker…

mllcb42 - thanks for the info. I will verify from another source if the rv and mf are accurate. The dealer verified the incentives as the $7,500 tax credit being passed onto me plus $3000 lease loyalty. The $5000 should be cap cost reduction. Taxes on that are not enough to make the difference i…

It’s within $350 if we assume they’re considering the $5k DAS and not $5k down. Still not correct, but much closer. I would triple check with them as to what the actual cash amount DAS really is here. With that said, after the incentives are backed out and you’re adjusted for buy rate mf, you’re at…

[image] mllcb42: With that said, after the incentives are backed out and you’re adjusted for buy rate mf, you’re at 7% pre-incentive, which is by no means a stellar deal. Yeah that’s what I’m thinking. And when I told the dealer that we should be closer to $202, I was basically told to take …

[image] iheartevs: And when I told the dealer that we should be closer to $202, I was basically told to take a hike You’d need to be at about 13% pre-incentive to get to that price from where you’re currently at. Is that a number that’s substantiated based on research on comparable deals here…

[image] mllcb42: [image] iheartevs: And when I told the dealer that we should be closer to $202, I was basically told to take a hike Is that a number that’s substantiated based on research on comparable deals here? No, I have not done that. I do have a spreadsheet that I’ve used in th…

Nice clean sheet @iheartevs✔️

[image] iheartevs: If I plug in all the numbers then I do get $202. I still suspect the confusion here between you and the dealer comes down to the definition of money down. I’d bet that you’re saying money down and they’re hearing money due at sale. If you frame your $202 ask in that context…

Agreed with above. It looks like your spreadsheet is putting rebates as untaxed.

Here’s the spreadsheet with all rebates, etc. as taxed. It is under “Amount Due At Lease Signing” section, highlighted in yellow. $15,500 “down” and $1,588.75 is tax. Thoughts? [possible I3 lease2]

[image] spockvr6: Nice clean sheet @iheartevs✔️ Years and years ago I found it here: https://www.carbuyingtips.com/download/regm.xls

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