First time getting a lease and need some help determining whether it’s a good deal or not. Spoke with a couple dealers with bottom line monthly payments ranging from 1,069, to the best one I have so far, $800 on the dot. I tried to compare to other Supra leases on here but I found only one with a sub $600 payment and I thought that was incredible.
A break down of the $800 a month lease is as follows:
MSRP:**$57,743.00
Proposed:**$50,289.74
Rebate:-3,198.26
Cap Cost:**$50,939.74
Cap Red:**$865.10
Net Cap:**$50,074.64
Residual:**$31,759.00
Depreciation:**$18,315.64
Bank Fee:**$650.00
License:$327.00
Trans Fee:**$251.00
Tax/Cap: **$88.67
Tot Dod: **$2,495.24
Monthly Payment before taxes:$ 725.00
Monthly Payment:**$800.00
Downpayment:**$1,000.00
I didn’t receive the MF but I calculated to the best of my knowledge as .001885. I think?
Need some help on how good this is.
Thank you.