Hello,
I am new to leasing and need help with the given quote. It’s not as good as a recent lease on the forum (link below), I might negotiate a bit more but I’m also confused on why the lease calculator is giving me a different monthly payment than what was listed in the lease paper. It seems the Residual Value is correct, but I don’t understand what Paid by Customer is, is that just down payment or include taxes and fees as well? And the Government Fee seems different from the other post
Down Payment | 24 Mo (0.00126) | 36 Mo (0.0016) |
---|---|---|
$1,999 | $487 | $484 |
$2,999 | $442 | $454 |
$3,999 | $398 | $423 |
Lease Term / Miles Per Year | 24 Mo / 12 |
---|---|
MRP/Retail | $59,500 |
Sale Price | $56,500 |
Proc/Doc Fee | $200 |
Government Fee | $650 |
Acq. Fee | $650 |
Paid by Customer | $1,999 |
Rebate | $13,500 |
Adjusted Cap Cost | $44,426 |
Residual Value (61%) | $36.295 |