Building a Motor Vehicle Lease ... Data Collection and Calculations

Thanks for creating this nearly 3 years ago. I can’t believe I missed this gold nugget. I know NY is a bit different with the tax on tax so is it possible to create an explicit CCR formula for NY with $0 DAS? In my exploration on this exact topic, the only way I could make it work is with the solver in Excel.

Many thanks for your kind words. Much appreciated!

Yes. I haven’t done it for NY. Let me get into it and I’ll get back to you within the next day or so and provide you with the formula.

Kindest regards,
John

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Here you go…

Calculating NY CCR, Payment, Taxes.pdf (437.0 KB)

??? Let me know.

Below is an update and improved version that includes detailed explanations and amends a few very minor errors.

Calculating NY CCR, Payment, Taxes.pdf (449.5 KB)

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Thank you! That explains the dark art perfectly.

You’e very welcome.