Any thoughts? Thnx
Do you want to maybe expand on this and show your deal sheet w/ any personal info redacted? That way we could tie out the inputs and get some ideas.
Are your numbers higher or lower than what you’ve been quoted? Are you assuming buy rate mf before confirming?
Have you watched the tutorial or article on the main LH page?
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Based on your inputs, all calculations make perfect sense to me…
Adj. Cap = 100000 - 10000 = 90000
RV = 53% 123000 = 65190
Base Payment = .00035 x (90000 + 65190) + (90000 - 65190)/36 = 743.48
Contract Payment = 1.07 x 743.48 = 795.52
Upfront Fees:
1st Payment 795.52
Acq fee 895.00
Dealer Fees 799.00
Gov Fees 550,00
Taxes 818.58 = 7% x (10000 + 895 + 799)
TOTAL 3858.10
??? Let me know.
I think I see where my confusion lies, I had the 10k incentive subtracted from the msrp and reflected in the discounted price and in the taxed incentive line causing a double 10k credit… voila, now its more in line w what I was expecting to see. Thanks Delta