The Sign then Drive event that is going on this month! The event is $0 down, $0 security deposit, $0 first month payment, $0 due at signing.
Here is the breakdown:
EST payment $521-541
39/12 53%
MSRP $42,195
Selling price - $37,980
Acquisition fee - $675
Document fee - $399
Subtotal - $39,053.99
Total Taxes - $1,651.15
Gross Cap Cost - $40,705.14
Cap Cost Reduction Total - $600 – Memorial day rebate that is a special for this month
Adjusted Cap Cost – 40,105.14
That is the way my system does it due to the fact me and my system have no clue what your credit score is but if you are a tier 1 or 2 it will be that lower payment you see listed on your purchase agreement I sent you! Yes these payments include tax as it is a part of the Cap Cost as listed above. I always put taxes in because by law I have to when entering a lease!
Feedback- I’ve leased before and found I was a complete novice. Now I’m overwhelmed with info and wanting to make sure I’m interpreting correctly. With this deal it is way over the 1% rule.