Deezelpower
Member
evnow said:leaffan said:Can anyone figure my approximate lease payment on an SL if I get $1K off MSRP and $300 off the doc fee? I may be mistaken, but I figured it would be around $340 +$32 = $372 (9.3% tax) for the SL...at least $415 without the discounts.
Better check with them first that the $1K off is for both lease & buy.
Here is what my math is so far (i am leasing mine).
Assuming you qualify for the full 7500 tax.
The residual is about 44-45% of MSRP (32,780 on the SV X 45% = 14,751)
the lease factor is probably about 0.0025.
1999 includes 1st payment so it is $1648 down
25,280 <14,751> <1648> = $8881 /36mon = $246/month
The lease factor rate come out to about $95/mon calculated at 0.0025
Bottom line $1000 less in price is about $33 less per month