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  #19  
Old 01-13-2013, 02:00 PM
emPoWaH emPoWaH is offline
Officially Welcomed to the 'Fest
Location: Los Angeles, CA
 
Join Date: Dec 2002
Posts: 423
Mein Auto: E39
Quote:
Originally Posted by X1_Buyer View Post
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?)

If it's $0 due at lease signing, then not only are they rolling in your bank fee and registration fees, but also your first month's payment. Try doing it again but divide the total depreciation by 35 months instead of 36 months.
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