Awesome, can you explain my 1712 payment being added to both msrp and selling price in the calculator?
The old fashioned by hand method worked for me: 269.50 (monthly depreciation) + 101.90 (finance charge) = 371.40
I do not think you add the old lease payments into the MSRP, because those are not residualized over the lease. MSRP is whatever the sticker on the car says and thatās it. In some cases, there may be dealer added accessories that can residualize but debt on your Q50 shouldnāt qualify for that. That being said, here is what Iām coming up with. Took your numbers but added the negative equity to the 36,000 sale price. Also, recalculated your RV at 55.7%. This is what Iām seeing:
Yes, this is correctā¦ sorry about thatā¦Or you can add the $1,712 to one of the fee linesā¦
Thank you both!!!