I’m in Texas and what I’m about to say has happened twice after about 6-7 lease payment inquiries. I’m just going to give the latest example. Please let me know if I’m doing something wrong.
These are the numbers that I received from the dealer and their accountant:
Located in TX. Tax rate: 6.25%
2021 Jeep JL Sport Altitude
48 month lease - 12k miles per year
Selling price: 48,350 (0% discount)
RV - 61%
MF - .00200
Asked to include acquisition fee, dealer fees, and government fees upfront and not in the lease. No cash down though.
Dealer monthly payment including tax = $685
Leasehackr monthly payment including tax = $583
After I asked to see their worksheet, they refused by saying that lease deals are done in a very complicated software
Yes, sorry I should have been more clear about my question. I was wondering if I’m calculating everything correctly or not since I’ve used leasehackr and another software to calculate and neither give the value that this dealer and another dealer are giving. I should emphasize that this has happened twice out of 6-7 dealers. The other dealer was giving a value almost 200$ off of what I calculate after plugging in the numbers and going through the values they plug in and this one is off by almost 100$. Please let me know if I’m missing something.
You have taxes set incorrectly. In Texas, you get to pay taxes on the entire vehicle price, which is where a lot of extras money is going. Make sure you select the right options lower down.
I think you might be right and there’s been a communication error. I asked specifically for no down payment and probably it was mistaken with 0 due at signing. I am admittedly new to this, but I wish they would have just worked with me by showing the worksheet and this would have been resolved.