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      05-27-2013, 01:23 AM   #10
phx08
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Drives: MKV Jetta
Join Date: Sep 2006
Location: PA

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Quote:
Originally Posted by dwalls90 View Post
Can you comment on mine? Lol
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)

Last edited by phx08; 05-27-2013 at 01:35 AM.