Signed a lease deal this past summer, think I did good but figured Id enter it into the calculator and see how I actually did. I am having some trouble figuring out exactly what number to plug in where. I am in MN so taxes are upfront. The lease was a sign & drive so nothing down, not even first month.
Vehicle: 2018 Mazda6 Signature in Soul red
terms: 36/12
MSRP: $36,235
“agreed upon value”: $32,985
Gross cap cost: $35,878 (includes $500 wheel/tire/paint warranty and $300 tint/PPF)
cap cost reduction: $1746
adj. cap cost: $34,131
Residual value: $18754 (52%)
depreciation/amortized amounts: $15,377
Rent charge: $590
Monthly payment: $443