Quote:
Originally Posted by phx08
Whoops, sorry about that! Rather than guessing, i'm going to leave the PPT (Since MA works differently with that) out of this and give the base payment.
This is assuming 2% ($825) profit
Code:
Gross Capitalized Cost $43,000.00
Capitalized Cost Reduction - $5,750.00
Adjusted Capitalized Cost = $37,250.00
Residual Value - $29,802.00
Depreciation and any amortized amounts. = $7,448.00
Rent Charge + $3,065.62
Total of Base Monthly Payments (Depreciation + Rent Charge)=$10,513.62
Lease Term (Months) = 36
COMPONENTS OF YOUR MONTHLY PAYMENT:
Base Monthly Payment = $292.04
TOTAL MONTHLY PAYMENT: $292.04 + (any pro-rated tax)
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Wow so with an MSRP of 46,000 I'm getting killed at $400 a month?