Hi there,
I’m going to put an offer on an audi q7 (with the intention of negotiating to a middle ground). I wanted to transfer my offer into a lease worksheet format to help make the sales guys job easier.
Does my worksheet below translate to the parameters I’m asking for?
I really appreciate your help!
I want:
10k miles, 36 months
MSRP 60365
12.5 % off MSRP
$1500 off for season of audi
$1000 off for additional incentives
Add $999 for audi Care
Residual 57%
MF 0.00089
Roll all drive offs and first month into the lease
Only want to Bring 9 MSD to closing
| CAPITALIZATION | |
|---|---|
| MSRP | $60,365.00 |
| DISCOUNT 12.5% | $7,545.63 |
| SELLING PRICE | $52,819.38 |
| AFTER MARKETS (Audi Care) | $999.00 |
| DOC FEE | $85.00 |
| ACQUISITION FEE | $895.00 |
| LICENSE FEE | $300.00 |
| GROSS CAP COST | $55,098.38 |
| CAP COST REDUCTION | |
| CASH DOWN | |
| TOTAL REBATES | |
| SEASON OF AUDI | $1,500.00 |
| WESTERN LEASE INCREMENTAL BONUS | $1,000.00 |
| MARKETING ALLOWANCE | |
| AMT APPLIED UPFRONT | $647.85 |
| TOTAL CAP REDUCTION | $1,852.15 |
| NET CAP COST | $53,246.23 |
| RESIDUAL | |
| MSRP | $60,365.00 |
| OPT PKG DISCOUNT | |
| HARD ADDS | |
| ADJ MSRP | $60,365.00 |
| MRM | |
| RESIDUAL % | 57.00% |
| RESIDUAL AMOUNT | $34,408.05 |
| MILEAGE PROGRAM | 10,000 |
| ANNUAL PLANNED MILES | 10,000 |
| PREPAID CENTS/MI | $0.15 |
| ADJ RESIDUAL | $34,408.05 |
| PAYMENT | |
| TERM | 36 |
| RATE/MONEY FACTOR | 0.00089 |
| # OF ADV PAYMENTS | 1 |
| # DAYS OF 2ND PAYMENT | 30 |
| 2ND PAYMENT DATE | 1/17/2021 |
| SECURITY DEPOSIT | $6,075.00 |
| ADVANCE PAYMENT | $647.85 |
| TOTAL CAP REDUCTION | $1,852.15 |
| UPFRONT CHARGES | |
| INITIAL PAYMENT | $8,575.00 |
| DUE ON DELIVERY | $6,075.00 |
| MONTHLY BASE CHARGE | $601.30 |
| MONTHLY TAX 7.75% | $46.60 |
| PAYMENT | $647.90 |