DorthyWilliams wrote:Wow, thanks for sharing your calculations here. I think this should be more exciting for me as I am looking also to lease Bolt EV. I have found the calculations from DSR Leasing and they have just $279/month . I just want to know the difference of this calculations and in your calculations here. I don't know how to solve or calculate it on my own as I am just new in car leasing. What do you think about this listing?
So I saw this deal and this is what I can say about it given what they tell us:ANN. MILES: 10000
CAPITAL REDUCTION: $2,999
This is an LT with no packages...which will be hard to find but let's say you do....
Price Sold: (unknown) - but we can figure this out using Excel's goal seek.
Down-payment: $2999 (which INCLUDES drive off fees - make a note of that!).
Tax Rate: 8.75% (for where I'm at)
The results we get:Price Sold then is:
$36,651 (3.2% off MSRP)Final Monthly Payment
: $333.63 ($278.90 + $27.89 interest + $26.74 tax).
What goes towards the cap cost?$2500 lease cash
( which is from the $7500 federal rebate they aren't giving you)$1239.13 down-payment
that you write a check for$1759.87 drive off
fees and taxes and first down
So $3739.13 goes towards cap cost reduction.
I hope this makes sense.