It looks to me like they added the sales tax for the entire vehicle into the capitalized cost rather than having the sales tax be paid on each payment. It's the first line item after the "SmartChoice" price.
Originally Posted by X1_Buyer
Can anyone help me do a sanity check on this lease? It looks WRONG.
Term = 36 mos.
MF = .00125
Residual = 59%
Tax = 8.38% (on lease payment, not car value)
Acquisition Fee = $725
Fees, MSRP, negotiated price all shown in image below.
My calcs show $554/mo -- not $618. What am I missing? (Or how am I being taken?)
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