I have gone over these numbers so many times it not funny. I cant wrap my head around how they are coming up with the sales tax on cap reduction, Nor the gross capitalized cost. Nor the… heck I must be losing it because I dont understand any of it. I hate it but I have to be that guy so im not longe…

[image] Firsttimer06: I cant wrap my head around how they are coming up with the sales tax on cap reduction $2437.04 * 7.25% = $176.69

The CCR is listed in your contract. They applied your $3k DAS towards 1st month payment, tax on the CCR and the rest as the CCR.

Im sorry boss, and I appreciate the time. I still dont know how they came to that number, if you take 3000 down and subtract the first payment, how do you calculate 7.25% of a number you have yet to get to? Maybe I have starred at this too long lol

When you pay an even, round number at signing, the CCR will always be some odd number that their calculator has to come up with. You should have told the dealer to structure it as only 1st DAS or 1st plus fees DAS with no CCR.

[image] Firsttimer06: I have gone over these numbers so many times it not funny. I cant wrap my head around how they are coming up with the sales tax on cap reduction, Nor the gross capitalized cost. Nor the… heck I must be losing it because I dont understand any of it. I hate it but I have to b…

Again, I dont care about the deal. I just wanted to know how they calculated these numbers and it doesnt seem like anyone knows which does make me feel better lol

[image] Firsttimer06: how do you get to the 2437.04? Okay, here is how it is determined… [image] Plug in the assigned values. I get 2437.18. So, the contract is a little off by 0.14. No big deal. What’s happening is the customer cash of 3000 is allocated toward a cap reduction and the bala…

You are getting soft Prof…being off by 0.14 is now OK…lol! :wink:

WOW, i’m lucky today is my day off!! I am going to work through the way you have explained. You have no idea how much my brain appreciates you right now. I will come back once I have ran through the formula

Make it make sense

Ask the Hackrs

gohawks23 June 13, 2025, 4:19pm 13

Use your favorite AI tool to walk you through how to put together and calculate a lease or look at Prof’s pdf in this thread.