Hi Gurus,
I’m puzzled by 2023 EQS 450 or 450+ SUV incentives. Location is CA. The questions:
- Is Amex ($11000) and Lease credit ($7500) are taxed or untaxed incentives? Some dealers count is as taxed and some as untaxed. Specially $11000 makes a big difference if calculated untaxed for ~10% tax rate in some regions in CA.
- Is the 2023 EQS 450 residual value for 24x7.5k gonna be 61%? For a loaner, the residuals adjusts to about 1% lower for around 9k miles making it around 59.9% or so. Is this right?
- What % off MSRP should be targeted for high milage loaners before incentives? Is targeting 25%+ based on recent deals is the right target?
- Where in this calculation I’m doing wrong?
Thank you!