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      01-12-2021, 08:02 AM   #2
jg05
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Drives: ’23 X3 M40i Brooklyn Grey
Join Date: Dec 2020
Location: Philly Burbs

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Without ALL of the numbers, it is hard to tell but something seems way off here. Usually, every $1,000 of cap cost reduction/increase should change your payment about$30/mo. In this case, you are increasing your cap cost by $1,500 but your payment is going up almost $100. That ‘feels’ like there is an extra $2,000+/- that might be slipped in there somewhere.

Could be a mistake, could be some extra warranty or something you’re paying for, could be some dealer slight of hand.

One big piece we don’t know since we don’t have all of the numbers - maybe your ‘base’ monthly payment without monthly tax is $765 and the $860 includes the higher cap cost and monthly tax.

Can you share some more of your numbers? Might be easier to help with all of this.

Generally speaking, the main reason people don’t ever want to put any money upfront into a lease is because you would lose all of that money if there was a total accident of the car. Rates are so low that this does make sense for the upfronts but the interest on a lease is calculated a bit differently so you have to figure out your actual return on that money to see if it makes sense.

In all reality, people that make a big deal about not paying the upfront costs (ie not paying 1st payment & inceptions) rarely do any actual ROI calculations and just like to tell people that this makes sense on principle. Putting money down is another story as well as multiple security deposits. MSDs are more limited now than in the past so, while still a decent option, the ROI is nowhere near as good as it has been in the past.

Back to your question - a bit more info would help because it will be hard for anyone to truly help you without knowing some add’l info.
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