Trying to figure out how the dealer got to his quoted monthly of $537. Seems like it might be in the tax amounts, which he doesn’t have listed but would have to be pretty high (and incorrect) to hit his number. Here’s my calc: Leasehackr Calculator - Hack your next lease | Leasehackr
And here’s the quote:
The $2000 rebate is going towards upfronts, so really they’re only applying $871 ($500 + $371 remaining of the 2k) as a rebate to the cap cost.
Thanks for the explanation. How would that look in the LH calculator then? More like a down payment? And is that the proper way for them to handle the rebate?
It looks something like this.
The problem is that the deal sheet is obfuscating some of the necessary numbers. This is by design. If I put it as-is into the calc (with correct mf for TN) it comes back with $567. There’s an extra $1000 discount somewhere that they’re not showing. I don’t see acq fee ($595) so it might be lumped in with the “taxable fees”. Also- be aware there’s an additional $3k dealer cash that’s included in your discount. So their discount isn’t really much of one.