Hello! I’m brand new to lease hacking and I’m using the info from Building a Motor Vehicle Lease; Data Collection and Calculations to construct my own deal from scratch without using the calculator. I know that getting the numbers wrong will make you look dumb, and I’d rather look dumb here than with a dealer lol. I’m hoping someone, maybe @delta737h, would be willing to look over my numbers to see if I got anything obviously wrong.
I originally tried doing the partial rebate CCR method, but couldn’t get my numbers to add up to the total rebate. So I switched to using the full rebate as CCR instead because that’s much simpler. If it matters, I live in Washington County, Oregon. We have no sales tax, but do have a .5% use tax due up front on the “agreed upon value” of the vehicle.
I’m more wanting to confirm that I did the calculations correctly. I agree the dealer discount is probably too high, but I can adjust that later as long as the numbers work out.
There is a $2500 state rebate available for the next week, but I thought that was included in the $17750. Upon reviewing further, I think you’re right and it’s on top of the Hyundai lease cash. EDIT: The Oregon rebate only applies to vehicles with a base MSRP under $50,000, so wouldn’t apply for this offer unless I’m misunderstanding what a base MSRP is.
