TheJackal
03-01-2008, 10:23 AM
LEASE Factors Discount
MSRP $51,920.00
Extended Price $48,600.00 $3,320.00 off MSRP; $830.00 over Invoice
Downpayment (cap reduction) $20.00 (this was to keep payment under $550 to avoid another $400 in security deposits)
Acquisition fee $625.00
Doc fee $197.00
Registration $459.90 *including supplemental title fee
Residual 64% $33,228.80 for 10,000 miles per year
base money factor 0.00200 4.80%
term 36 months
Sales tax (upfront) 7.00% $1,444.82
# of Security deposits (1-8) 8
Calculated Amounts
Gross cap cost $48,600.00
Net Cap Cost $48,580.00
net money factor 0.00151 3.62%
Depreciation $426.42
Finance fee $123.53
Security deposit Amount $4,400.00
1st month payment $549.95
Results
total monthly payment $549.95
Total out of pocket $7,696.68 * including $4,400 in Securit Deposits making net out of pocket $3,296.68
MSRP $51,920.00
Extended Price $48,600.00 $3,320.00 off MSRP; $830.00 over Invoice
Downpayment (cap reduction) $20.00 (this was to keep payment under $550 to avoid another $400 in security deposits)
Acquisition fee $625.00
Doc fee $197.00
Registration $459.90 *including supplemental title fee
Residual 64% $33,228.80 for 10,000 miles per year
base money factor 0.00200 4.80%
term 36 months
Sales tax (upfront) 7.00% $1,444.82
# of Security deposits (1-8) 8
Calculated Amounts
Gross cap cost $48,600.00
Net Cap Cost $48,580.00
net money factor 0.00151 3.62%
Depreciation $426.42
Finance fee $123.53
Security deposit Amount $4,400.00
1st month payment $549.95
Results
total monthly payment $549.95
Total out of pocket $7,696.68 * including $4,400 in Securit Deposits making net out of pocket $3,296.68