Hi all,
I punched in the quote from dealere in the calculator but the monthly is diff from what the calculator is showing me. Dealer monthly is $503. Can some help what I might be missing?
Dealer Quote:
MSRP= $43,570
Selling Proce = $41070
Cap Cost Reduction= $500 (Down Payment)
Lease Cash+ Corp Fleet = $1000 (Taxed Incentive)
Taxes and Fees = $3022 [($925 (acq.) +$459 (Dealer/Doc Fee) + $312 (govt fee) +$1326 (upfront taxes)
Residual = 57%
MF = 0.00102
Dealer Monthly = $503
LH Calculator = $475
j_e_f_f
November 28, 2020, 5:38pm
2
No one will be able to help until you post the dealer quote as well.
Uakilli
November 28, 2020, 5:47pm
3
Your’re interest rate couldve been higher on the dealers qoute but then again it could be number of things. No one can really help you untill you post the dealers quote.
I updated my post with dealer quote. the MF is higher but not sure why the diff of $28
mllcb42
November 28, 2020, 6:31pm
5
How much is the dealer DAS?
Taxes + Fees = $3022 and Down Paymemnt = $500 = $3522
mllcb42
November 28, 2020, 7:02pm
7
You need to adjust the calculator to match das if you’re going to compare monthlies
not sure how…what exactly do i need to do?
mllcb42
November 28, 2020, 7:41pm
9
One of the more common posts we see here are from people trying to utilize the LH Calculator and struggling to get the correct numbers. More often than not, this is the result of user error, so let this be a guide on how to use the calculator and what values go where.
With that said, a few starting notes. Read these 3 times before continuing:
The calculator is not perfect, there are some limitations in how things are calculated.
Do not expect to match an offer perfectly. There are often diffe…
The section on adjusting down payment to make das match