With 999 down (2343 out of pocket total to cover all fees) they are at 77 a month with Tax. The leasehackr calculator is at 61 per month with taxes. Is there something I’m missing? Maybe they quoted me tier 2 credit instead? I tried by hand but got a totally different number. Any insight? Thanks so much for the help!
In Massachusetts, a rebate from a motor vehicle manufacturer to a motor vehicle dealer or to the lessee of the vehicle which is used as a Capitalized Cost Reduction or otherwise applied to payments due under the lease is part of the sales price subject to tax in accordance with the provisions of Directive 97‑4.
Just to finish up this convo, the discrepancy in monthly payment waals they were marking up Money Factor by 40 points which is the highest allowed. After some back and forth, we ended up at 2k out of pocket and 77.68 a month. The actual Money Factor was .00064 (not .00043) and the dealer discount didn’t make it to 1500 (it ended up being about 1370). Pretty happy with the deal!
