Selling price (initial cap cost): $43,590
Inception Fees: $1,648.5 + tax = $1,748.01
License fee: around $410
Total estimated drive off: $2761.12 which includes 1st month payment
Monthly tax: 7%
Monthly payment: $585.22 (including tax)
When I was telling them to change up the lease term to more months, it increased the MF… Is that normal?