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      02-06-2020, 01:41 PM   #693
760Lifan
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Drives: 2020 X7 M50i, 2017 Lincoln MKZ
Join Date: Apr 2013
Location: Land O Lakes, FL

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Quote:
Originally Posted by Crimsonboz View Post
2020 X7 M50i

MSRP- $119,375
Discount-$12,697.00
Sale Price- $106, 678.00

Dealer Doc- $225.00
Tax- $81.48

Lic- $400.00
Acquisition fee- $925.00
Net Price- $108,309.48

Cash Down- $2500 (I did not ask them to do this will take out and do MSD)

Balance- $105,809.48

12K miles
36 Months
MF .00182

Where can clip this some?

Payment- $1561
OK, so let's have a look.

With $2,500 down, using the base MF of .00142 and a residual of 56%, I get to a monthly payment of about $1,465. That, however, is based on a 7% tax-rate. You would have to enter your local rate yourself and re-calculate.

What I did: I took the $2,500, deducted $1,500 for the first payment and applied the remaining $1,000 to the net-price ($107,310). Then, I took this number and deducted it from the MSRP to get to the 'down-payment' used for the lease-calculator - in your case, $12,065:

https://www.calculator.net/auto-leas...ndard&x=2&y=20

Enter your tax-rate and see where you get.
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2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.