View Single Post
      03-21-2013, 12:37 PM   #13
Haris
Lieutenant
Haris's Avatar
United_States
162
Rep
481
Posts

Drives: F82 BMW M4
Join Date: Feb 2007
Location: NJ

iTrader: (0)

Garage List
Quote:
Originally Posted by Haris View Post
Thanks!

There is clean way to handle this scenario: calculate the residual value manually and put the dollar amount in the residual value field as opposed to residual %.

For example:
MSRP: 50,000
Selling Price: $46,000
Residual: 60% ($30,000)

Performance Exhaust Cost: $1335
Performance Exhaust Residual: $250

For above scenario, put the following values in Leasematic:
MSRP: 51,335
Selling Price: 47,335
Resdiual: $30,250 (instead of putting %)

This is will give you accurate calculations. MSRP in this case won't be used in calculation but you can leave it there for display purpose.
Correction: I thought $250 is the "residual value" for the exhaust which is not correct. It is the "MSRP adder" (residualizable value, like you said).

This is even easier to handle: Add $250 to your original MSRP. Add $1335 to your Selling Price.

Using above example, it will become:

MSRP: $50,250.
Selling Price: $47,335
Residual: 60% (leave it as % - no need to put dollar amount).

I ran this imaginary deal in Leasematic and did a comparison. Total cost of lease went up by $1367!
Attached Images
 
__________________
2021 BMW X7 M50i + 2015 BMW M4
Retired: 2018 Audi Q7 | 2015 BMW X5 xDrive35i | 2012 BMW X5 xDrive50i | 2010 Audi S4 | 2007 335i Coupe
Creator of Leasematic - Lease/Loan Calculator | iOS App Store | Android Google Play
Appreciate 0