Need help with lease calculator to match dealer numbers on 2019 Lexus ES350

Hello,

I’m trying to figure out how to match a dealer’s lease quote on a 2019 Lexus ES350 Luxury. These are the numbers I have:

MSRP: 49,620
Selling Price: $43,833
Rebate: $4000 plus 1st month payment $446
MF = 0.00025
Residual = 51%
Monthly payment (calculated by dealer) = $446 includes 8.75% tax
Drive off amount = $2222 (includes 1st month payment, DMV, doc fee, bank fee, upfront taxes)

I’m trying to get to this same figure with lease calculator, but not successful. How do we deal with the 1st month payment rebate from Lexus in the lease calculator? I don’t quite get how I’m getting a rebate for the 1st month payment, but also payment it in the drive off amount? Can someone explain this to me?

By the way, is this a good deal or can I do better with the selling price?

A post was merged into an existing topic: 2019 Lexus ES350 F Sport - Good Deal?