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https://www.wikihow.com/Calculate-a-Lease-Payment
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MSRP$76,420
Manufacturer's Suggested Retail Price: Stated (sticker) list price of the car
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Input (variable)Cap Reduction Cost-5300
The Dealer Discount that you negotiate
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BMW Stated Rates
Negotiated Selling Price
$71,120
The Dealer Sales Price (without rebates)
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Formulated Total (don't edit)
Down payment-3000
The initial cash you put down
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Credits-1250
These are additional incentives like Loyalty or other rebates
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Net capitalized Cost$66,870
The negotiated price, minus down payment and credits
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Sales Tax Rate0.07
The sales tax for your local area
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Money Factor0.00165BMW rate
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Residual0.59
The amount the company says the car will be worth at end of lease (will vary by length)
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Residual Price$45,087.80
Price at end of lease
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Monthly Term (mo)36Length of lease
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Depreciation Fee$605
Cost of the car's diminishing value
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Financing Fee$185
Money BMW makes on you not paying for the whole car upfront
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Sales Tax$55
US Govt's slice of the pie
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Lease Payment$845Final payment.
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