What does the math indicate (eg., when you plug the values into the LH calculator, do you get the same total cost)? In leases where there is a high residual value, there is also often a high MF, wich means that much of what you’re paying might indeed might rent charge.
It’s not a matter of whether that is “reasonable” or not; it’s whether that’s what’s dictated by the lease structure for that particular model.
It’s the Math. Makes sense, thank you. I couldn’t get anywhere with the lease calculator. All the numbers were coming up with a minus sign once I started entering the values.
Which is probably why
Post a link to what you entered….
Enter the residual as a percentage…looks like 72.
Bingo! Thank you.
So $576 is my effective monthly payment and leasehackr score is 10.2. This gives me a good starting point, which I will try to improve upon. Thank you and thank you to everyone who took the time to respond.
Well they still have something else in there as your calc payment doesn’t match theirs…maybe they are marking up MF or hiding some add-ons somewhere…you have 5000 down when it is less because first payment coming out of that, etc. The 5000 is DAS and not down…there is difference.
Also, like somebody said there are probably incentives in there too that are taxed and the 8000 isn’t all discount.
If you change his latest calc to be 5k total Das, the payment matches the quote.
Not sure where he’s located, but I couldn’t find any Rubicon X programs that matched OP’s sheet.
Historically speaking, (there are a few exceptions to this, but as I said, FEW) programs do not change during the month. So, whatever incentives are available now is all there is going to be until programs change for May.