Leasehackr Meme Lounge (Part 2)

[Justlooking]

XC90 T8 Lease deal check

Okay, here we go… MSRP = 90715.00 Gross Cap = 86574.00 + 2092.00 + 3335.27 = 92001.27 CCR = 18000.00 + 8000.00 = 26000.00 Adj. Cap = 92001.27 - 26000.00 = 66001.27 RV = 60% x 90715.00 - 562.50 = 53866.50 (mileage adjustment) MF = .00356 Payment = .00356 x (66001.27 + 53866.50) + (66001.27 + 53866.50)/36 = 763.81 Sales Tax = 3335.27 This means that there is a total of 3335.27/.07 = 47646.71 worth of taxable items. I thought that VA levies sales tax on the selling price plus fees. The…

2024 BMW i5. Another person trying to match lease quote with calculator

If you are not sure about the dealer’s calculations or software calculations, you can always fall back on old reliable… MATH. As @max_g stated: “Math doesn’t lie.”. Thanks to @mllcb42 recognizing that the MF = .00295 and not .00285, we have a much better understanding of what happened… So, here we go… Consider your zero-drive off dealer data… Some states (e.g., CA) will cap both taxable and non-taxable fees when computing the base payment. Tax is levied on the resulting base payment and so, ta…