2017 NSX, can someone else why two lease deals vary so much in monthly payment?

[EuroBoutique]

Both cars are negotiated selling price of $140k - why do the numbers vary so much? What are we missing here or is something not correct?

Base MF, Residual and Mileage allowances are all set by Acura


This was posted here by another member:



This was sent to us from a dealership:

 

[poncekim]

Both cars are negotiated selling price of $140k - why do the numbers vary so much? What are we missing here or is something not correct?

Base MF, Residual and Mileage allowances are all set by Acura


This was posted here by another member:



This was sent to us from a dealership:

Can’t look at just selling price. Msrp and % discount is main driver. First car has much larger discount off msrp. Residual is off msrp. Your lease payment covers the interest payment and loss of value(residual). More discount you get up front from msrp lower your payment.

 

[Bricks and Bio]

Could it be the sales tax?

The first one notes the tax rate but not the cost

 

[Cal_92]

Yup, as mentioned above, the first car has a higher MSRP and % discount, as well as a higher residual value 56%. The second calculation has lower MSRP, lower discount off MSRP, and lower residual (54%). The second will yield a higher monthly payment given all these parameters.

 

[L.L.]

The first car has a higher residual ($115k) AND lower cap cost (140k) whereas the second car has a much lower residual ($100k) AND higher cap cost (150k).

Your commitment is over $50k on the second car and roughly $24k on the first. That is the primary difference in payments.

First car 140,000-115,360 = $24,640

Second car 150,839.47-100,332 = 50,507.47

 

[EuroBoutique]

thanks fellas!


For Capital Cost, is local taxes on a lease typically added to the Capital Cost field or is it added somewhere else to determine the total monthly payment?


So these statements would be true:

Buying a car and paying cash or finance, you only care about the capital cost of the car meaning the sale price agreed.

But when leasing a car, you you want to look for a high MSRP car that has been discounted because this affects the monthly payment. Two cars both with the same capital cost of $140k selling price will have big difference in monthly payment if one has low MSRP and one has high MSRP because of the residual value.

 

[powdbyrice]

the problem with the first one is the $30k is taken off the selling price, which is incorrect. its a taxable amount , so it goes on a separate line. the second screen shot is the correct use of the $30k.

 

[amgeater]

thanks fellas!


For Capital Cost, is local taxes on a lease typically added to the Capital Cost field or is it added somewhere else to determine the total monthly payment?



So these statements would be true:

Buying a car and paying cash or finance, you only care about the capital cost of the car meaning the sale price agreed.

But when leasing a car, you you want to look for a high MSRP car that has been discounted because this affects the monthly payment. Two cars both with the same capital cost of $140k selling price will have big difference in monthly payment if one has low MSRP and one has high MSRP because of the residual value.

I hope you bought the 206K car its a Smoking Deal..

 

[EuroBoutique]

I hope you bought the 206K car its a Smoking Deal..

That was not my deal - it was posted by another member who got this deal