Quote:
Originally Posted by CosmosMpower
If the car is really 51K, and let's say by chance of a miracle residual is 65% like the F80 M3 and you do ED then the payment could be 500'ish.
Vehicle purchase price with 7% ED discount- $47,430
Residual 65% based on 51K- $33,150
Money Factor .00130
Sales tax in TX- 6.25%
Payment would be $532.75 for 36 months or $501.42 if you live in a state with no tax like Oregon.
|
ED discount will change to 5% effective for cars delivered after 12/31/15.
Quote:
|
Originally Posted by LinkF1
Super rough calulations here but a 36m/10k lease of a $55k car at current residual would be roughly $775, where @60% would be $725 and 65% would be $650.
|
I wanted to update these rough calculations with best (un)realistic numbers I see happening for the same $55k car. All of these are pre-tax calculations:
If you get the same $55k MSRP car for $500 over invoice it should be around $51.6k and took advantage of 7 MSDs. 57% residual would be ~$635, 60% would be $590 and 65% would be $514.
If you were doing ED and got $500 over ED invoice it will be around 49.2k and took advantage of 7 MSDs. 57% residual would be ~$590, 60% would be $550 and 65% would be $470.
As you can see, sub-$500/mo is possible, but not likely to happen until $500 over ED invoice deals are available. I'm hoping to keep mine under $600, else it will push into F80 territory.