Year, Make, Model, and Trim: [2018 Buick Encore preferred front drive, Color option +$395 to base MSRP]
MSRP: [$25,790]
Selling Price: [$22,998] (11% discount)
Rebates: $5,750 [$2,000 GM cash, $750 select market cash, $3,000 conquest] I’m a GM employee but I don’t know if that was actually useful
Trade-in: [$0]
Months: [24]
Annual Mileage: [10,000] 2nd car, probably won’t even get 4k miles per year
MF: .00217 <-- “hacked” this into the calculator to get to the $4,099 drive-off that the dealer offered as their final. It had been 0.00131 in discussions up to that point.
Residual: [.64]
Security Deposit: [$0]
Drive-off: [$4,099]
Monthly Payment (incl. tax): [$0] Onepay
Sales Tax Rate: [9.5] - Taxable rebates are killing me
Leasehackr Score: [15.5 years]
Total Lease Cost: [$4,263]
(with registration of $321 = $4,584)
Not sure if I calculated everything right, but my total payment should be $4,100 drive-off and then the acquisition fee at the end of $495. Leasehackr Score of 15.5 is not quite ‘legendary’ levels, but I don’t know that I can do much better. I’m up against the 9.5% tax rate too. Haven’t been able to find anything cheaper (literally just need any car as a second car, without dealing with older vehicles/complicated private sales). Tell me if I’m wrong!
PM me!