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So an "ok" lease deal without any lease markups should look something like this for 50400 MSRP:
Net Cap Cost: (50400 * .97) - 1000 = $47888 (This is assuming a 3% discount on MSRP. This isn't the best you can do, but you can find a dealer that will do this without too much effort if you shop around)
Residual: 50400 *.63 = 31752
Depreciation = (47888 - 31752)/36 = $448.22
Interest = (47888 + 31752)*.00130 = $104.53
Assuming 10% sales tax (this is high, but for napkin math)
(448+104)*1.1 = $608.03
Now, lets say you start rolling in other fees:
Every $100 you roll in, increases your monthly payment by:
((100/36) + (100*.0013)) * 1.1 = $3.20
SO, Say your fees are:
acq: 725
Title: 700
dealer doc: 100
more sales tax on fees: 100
that's about an extra $1750 in fees. Even if you added all of that in, you are looking at a monthly payment of $660 with only your first month's payment to walk out the door.
Like everyone said, run away. They are so far outside of reasonable that you are wasting your time even starting the discussion with them.
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