Quote:
Originally Posted by JesseS
Are you including fees and taxes in the selling price or not?
If so, it's a great deal as invoice is $56,865 on that car.
However ... Something is wrong with that monthly payment unless your taxes are really high.
Even assuming that the fees weren't rolled into the negotiated price, that means cap cost is $54,965 (including $3500 incentive adjustment).
With a MF of 0.00127 and 64% residual, for 36 months that should be $539/mo without taxes.
(Are you sure residual is 64%, that sounds a bit too good for 12k/yr)
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There is prob sales tax, and don't forget he said that fees were rolled in. That could be about $1000-1,500 (not sure which fees are included or not), or about $40 more a month.