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Another Lease deal?!

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Old 02-10-2008, 05:09 AM
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ma12lon
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Another Lease deal?!

what you guys think...

IP or BO G376MT
premium and navigation and the illuminated kickplates
39 month lease
15K miles per year and zero down payment
1520 due at lease signing (includes 1st payment)
$508 monthly

Go or No Go
Old 02-10-2008, 08:37 AM
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bdlhome
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Originally Posted by ma12lon
what you guys think...

IP or BO G376MT
premium and navigation and the illuminated kickplates
39 month lease
15K miles per year and zero down payment
1520 due at lease signing (includes 1st payment)
$508 monthly

Go or No Go
Depending on where you are (tax rate etc) it appears ok. I don't remember if the 15K miles residual is 61% or 62% (I thought it was 62%). At 62% with NJ tax (7%) the payments would be $496 at invoice+500 and at 61% they would be $506.

click here for my calculations or see image below.

Old 02-10-2008, 01:22 PM
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aakash
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That spreadsheet by bdlhome is the bomb! Use it, Love it!
Old 11-21-2008, 03:35 AM
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Skyline-LEXY
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