Re: Leasing Calculations?
You can choose to capitalize the sales tax or not. On the leases I have done I have paid the sales tax.
You need the following to determine if you are getting the true storey:
2. Cap Cost - this is what you are paying for the car (what you would pay give them if you paid cash)
3. Residual % or $ amount
4. Length of lease - months
5. Money Factor - should be something like .00185
If you have these you can calc the payment. Basically you are paying for the difference between the Cap Cost and the Residual at an interest rate of the number of months.
If you post those I'll do the calc for you.
01 M5 TiSilver/Black - Stock is all you need!
02 X5 3.0i SteelGray/Black