You make a good point about residual value after the 7.5k tax credit is used. But I have a few comments - My calcs with the same numbers (37.5k,0 down, 36 mo, .00125, 7.5k taxed incentive) come up with a monthly pmt of $466 PLUS tax, which would be over $500 in CA. Drive off $1,670 (508 1st mo...