Not sure this is the right place to post, but for the BMW calculator, when you select acquisition fee waiver with one pay, the new MF does not update to reflect the MF increase from the acquisition fee waiver. MF change of -0.00030 for one pay is applied but +0.00050 for waiving acquisition is not.
is there a way that iphones can correctly open a link that i text to them? lot of iphone users have had issues w calculator links not populating correctly. never an android user.
For which state and what is the formula applied? What figure do they use to account for interest?
I have read through a few states’ tax guidelines and they all capitalize taxes slightly differently. The New York tax guide says it depends on the dealer for example. It would be helpful to have more inputs from businesses and users from states that levy taxes on selling price/total lease cost. Demo of real lease contracts that have taxes capitalized help too! Thanks.
I’m a VA resident and have been combing through posted contracts to determine exact tax calculations, both capitalized and not, in states like VA, MD, and Texas. I will send along formulas to you after I substantially stress test my model, assuming no one (yourself included) beats me to the punch.
That’s not a problem. The current zero drive-off option capitalizes taxes on the total lease payment that way as advised by the NY tax guideline, assuming 0% interest rate to finance the upfront tax. The Leasematic figure@IAC_Scott showed, however, does not use the same formula from what I understand, therefore I want to confirm with other folks in states where taxes are levied on the total lease payments to see how the taxes are normally capitalized.
I still haven’t been able to figure it out. I even tried taking the amount of tax it calculates before hitting the cap taxes button, and then applying tax to that number, and it is still off by a little bit. I’ve trying manually calculating the tax on all the different taxable line items, adding those up, in different ways, and taxing them, and I can’t find any combo that matches exactly.