Quote:
Originally Posted by drF80
M
S
D
!!!!
Missed to mention that little detail....
As I mentioned, impossible to get to that number without that....
I am done with that one
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Are you perhaps confusing MSD's with downpayment? You're reacting as if they're the same thing. They are fundamentally very different, and typically speaking, one is considered a good idea for a lease while one is considered not very beneficial.
If I had put that amount down as a downpayment, my monthly payment would have been ~$541, however my effective cost of leasing would have been $24,376 (($541*36)+$4,900).
With MSD's, my effective cost of leasing is $23,688 ($658*36).
Think of MSD's as a guaranteed ~8.5% annual rate of return on investment.
Even without them my payment would be ~$695/month. Just remove the MSD's on the calculator. Remember, the 0.00128 MF I received is pre-MSD, meaning my MF after MSD's was 0.00093.