Texas charges FULL tax on a lease unless credits are available, so taxes boosted the monthly by ~$130!
MSRP: $67,215
Loan Car Miles: 4800
Selling Price: $52,356 (22% front end)
Rebates: $1000 Lease Incentive, $500 Fleet, $500 Conquest
Final Price: $50,356 (25% off total)
Residual: 66%, Adjusted Residual: ~65%
MF: 0.000111 (slightly marked up)
Reg, Doc, Fee, Acquisition: ~$1500
Texas Taxes
: $3075
I’m having some trouble getting the calculator to line up (in a good way) so just lowered the dealer fees until the monthly and DAS lined up. MB has limited tax credits available (per dealer I guess)
They only had one car available and their regular GLAs and loaner inventory aren’t marked down as much.
Craziest experience I’ve had since I started lease hacking in 2019. Before presenting their offer, I was speaking to the dealer about the rebates, MF, etc. He asked where I was getting my numbers and then asked if it was ChatGPT or Leasehackr. Said Leasehackr with paid access. He comes back with clean numbers on the first go-around saying “there’s no point in messing around”. I forgot about fleet, got him to add it, went to finance, no pressure there and they throw in a dent and battery warranty to get the numbers to line up, whole negotiation process + finance was 30min. MAYBE could have asked for a bit more off front-end, but deal was decent and the process was painless. Dealer put on new tires and completed the 10k mi/1yr service before I took possession.
