Trying to help a friend out. I know the attached deal is atrocious. Here’s the background. Currently leasing a Ford Expedition Platinum EL. $870/month with 10 to go. Small business owner and been out of work due to Covid. Trying to get into something cheaper. Payoff on Ford is 43,459. Two local dealers have offered $38k for the Ford. I know we can’t escape the neg equity.
On the Jeep deal. It’s terrible with very little discount. RV is 49% and MF .00175. I can’t get the calc to match the 39 month payment. Bellevue, WA taxed monthly at 10.3%. Any suggestions on the calc?
This is more for my personal knowledge on how to enter this info vs. the deal itself.
Thanks