Hey guys. I’m super confused about the calculations on this deal. It says the depreciation is negative so it’s basically paying off a big chunk of the rent charge. Is this possible? Any insight on whether this deal can actually work? I got the rates and incentives from the rate finder.
Here is the link to my calculator. Let me know. Thanks.
No.
Most likely would not fund. The best deal you can get is a $0 depreciation. Or you can ask for some addons to increase the sale price.
Check out old discussions about the frontier leases from Dec 2022. This was happening to a few people back then. I believe consensus was that cap cost had to be RV + 100$.
The dealer needs to write you a cheque for the difference between agreed value and RV + $100
More than likely the dealer will pad on ‘addons’ like Nitro to make up the difference.
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