Can we add mileage reductions for demo cars?

Suggestions
1

Can you add mileage reductions the calculator to help reflect the new cost and residual ?

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2

Good idea, and Ford MSD’s :slight_smile:

Also for us lazy folk, a separate total for drive offs without MSD’s included. Dealers are always asking for this.

Also, when you focus on the input fields can you not have it auto delete the numbers already entered?

3

Residual % can be reduced with mileage reduction amount.

Suppose Residual % is 63. Residual % for Demo/Loaner car would be 63 - ((# of miles -500)*.25/MSRP)

For Example: MSRP is 60,000 and assume there are 5000 miles on the car. Then residual deduction is (5000-500)*.25 = 4500 * 0.25 = 1125

You new residual % will be = 63 - (1125/MSRP) = 63 - 1125/6000 = 63 - 0.1875 = 62.81

Use 62.81 instead of 63% in residual % on calculator

4

I think he understands how to calculate it, it would just be easier to type it into a field. Kind of the point of a calculator! :wink:

5

I think we should also have a way to “save” a deal in the calculator and you can link it around the forum (maybe even embed it!) … trying to avoid volunteering for this :frowning:

So, you can do something like
http://leasehackr.com/calculator/1111

or something like
http://leasehackr.com/calculator/Ed_Churchward/1,
http://leasehackr.com/calculator/Ed_Churchward/2, etc.

6

That would be a great idea. At the moment. I use one note to store all the cars I look at and get a quote. So I can compare and contrast and store the figures.

7

I just add to the selling price whatever “penalty” the miles provide.

Taking SUV’s example from above, if the car has 5000 miles which translates to a penalty of $1125, I just add that to the selling price…

8

You can use a spreadsheet like this:

Edit cells G3 and G4 if BMW’s demo mileage adjustment formula is different from M-B

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