HOW TO GET A GOOD WRANGLER 4XE Deal; Buckle up for a LONG read! (Part 3)

[ktnsvm]

Great idea…added!

[mllcb42]

Are you doing a 36/10 or a 36/12? They’re using 63% for the rv

[hashone]

Oh lord. This should not have a part 3. But clearly CAN AND WILL !!!

[alphawave7]

Wrangler train keepa rollin…

[mllcb42]

@hashone

This should not have a part 3

Technically this is part 4 since there was a thread before part 1

[quitz]

Here is my logic behind the scenes:

HOW TO GET A GOOD WRANGLER 4XE Deal; Buckle up for a LONG read! (Part 2)

This is my constructed calculator: You already have the residual value. MSRP and RV(%) is just to get the residual value, in your case is $39680. You need to make sure this is the number shows on the LH calculator. Acq fee, dealer fee and reg fee are added as cap cost, so just add them to the selling price. Your $7500 is calculated as 6513 cap cost reduction, 449 title fee, 536 first month payment in the contract. You still got the full amount of rebates but they are constructed a bit…

[mllcb42]

The problem with manipulating the values like that is the taxes don’t get properly accounted for.

[Leasefan]

Additional data point - Sahara 4XE Ordered 1/8 Delivered 3/21 Picked up 3/24 from Gupton. The residual is a bit higher that the expected 63% - I expect some additional adjustment to MSRP (pre-price increase - the actual sticker is $61,110)

CALCULATOR | LEASEHACKR

[zain2050]

I am doing 36/10.
I see they are using $62985 and using the 63% residual. Shouldn’t it be on the window sticker msrp and 64% rv?

[mllcb42]

@zain2050

Shouldn’t it be on the window sticker msrp and 64% rv?

64% yes, window sticker msrp no. If your sales price gets sold order protection, so does the msrp that establishes the rv.

[Greggo]

Round 2 for me:

Ordered 3/22. I hope Toledo takes their time with my Jeep. I’m in no rush at all and have other things to buy

Edit: I noticed cryptostickers have upgraded their website.

[zain2050]

Thank you so much for going thru this with me here. I’ll confirm few more things with the dealer. I have been scratching my head all day to see why my respective quote is higher than others comparatively

[freshwater]

In IL Tax incentives are Taxed so $7500 will be taxed. If you in Chicago think tax will be higher then 8 but outside Chicago its 7 or 7.25 monthly tax not up-front. Think ACQ fees is waived for March in Midwest you have $595.

[quitz]

I actually did not try to manipulate the numbers, but to interpret the contract as it shows:

1. MSRP and RV% is just to determine the actual residual value, in my calculator the RV is aligned with the contract number, which is $39680. RV% is fixed as 64%, so the only variable is MSRP.

2. For the selling price, I added the acq fee, dealer fee, reg fee to it as the cap cost. The reason behind this is that if I input acq fee, dealer fee to their own fields, LH calculator won’t add the rent charge on them. I had the same issue before when comparing my actual contract with the LH calculator.

3. $7500 breaks down to cap cost reduction, title fee, first monthly payment. I’m not sure whether it’s ok for the dealer to use the rebates as such but this is what shows in the contract.

4. The actual contract shows the monthly payment is $537, which is made up of $14501/36=402 + $4865/36 = 135. My LH calculator shows $535 as $400 deprecation + $135 rent charge.

Are you saying my contract interpretation is wrong, or the way dealer constructed the contract is wrong?

Updates:
I think I made a mistake on the taxes incentives. Given the total tax is $2101, this should be calculated as the total of payments * tax rate. So the $6513 cap cost should be considered as taxable. Here is updated calculator:

CALCULATOR | LEASEHACKR

The difference between 7500-6513 is used as title fee and the first monthly payment. Thus the actual das is 0 and there are 35 remaining payments at $535

[zain2050]

HOW TO GET A GOOD WRANGLER 4XE Deal; Buckle up for a LONG read! (Part 2)

This is my constructed calculator: You already have the residual value. MSRP and RV(%) is just to get the residual value, in your case is $39680. You need to make sure this is the number shows on the LH calculator. Acq fee, dealer fee and reg fee are added as cap cost, so just add them to the selling price. Your $7500 is calculated as 6513 cap cost reduction, 449 title fee, 536 first month payment in the contract. You still got the full amount of rebates but they are constructed a bit…

What I can see is that to make the contract numbers match the LH calculator you have changed the msrp and selling price.
But what would happen considering the agreed upon values for both. The lease payment should be a lot less than given on the contract.

[Sharif]

[quitz]

To me your calculator numbers are way off.

HOW TO GET A GOOD WRANGLER 4XE Deal; Buckle up for a LONG read! (Part 2)

Msrp is taken from the window sticker of the vehicle. Can you please explain me what the POC is and how can I get the POC? I have not confirmed the MF as of now I will confirm asap and let you guys know. Here’s the calculator:

1. $7500 incentives are taxed. Your $2101 tax is calculated by the total payments * tax rate, your total of payments shows $26724, which means the incentives are taxed.

2. Gov fee $449, not $400. Dealer fee $599, not 500.
   You also missed the $259 license fee.

3. If the residual value on your contract is correct, then your MRSP is no where near what you have input in the calculator. $39680/0.64=$62000. If you have any questions about this number, you will need to talk to your dealer to make sure this residual number is correct. MSRP won’t be used in the contract, only selling price and residual value matter.

Let’s assume the residual value is correct, this is my calculator: CALCULATOR | LEASEHACKR

Total cost is $521 * 36, and since you das is $7500-$7500=0, your monthly payment is $521 * 36 / 35=$536, which is aligned with the contract number.

[HackingDAmoney]

Here to participate in the history, what all other lease deals will be judged on.

70k Jeep placed in late december 21, currently built waiting for its trail assignment!

Lets go!!

[4xedeal]

HOW TO GET A GOOD WRANGLER 4XE Deal; Buckle up for a LONG read! (Part 2)

Not just this month, but your credit is garbage in general. How did you even get approved with that score?

You are both rude and ignorant about credit scoring. If you apologize, then I can answer your question.

[zain2050]

What should the RV be calculated on? The POC msrp or the window sticker msrp?