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Old 02-28-2007, 09:15 PM
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Join Date: Feb 2007
Location: new jersey
Posts: 23
jlalanas is on a distinguished road
Question Lease on 3.0si
I'm not sure if there are any finance guys out there that may be able to weigh in on this. I'm trying to validate the dealers lease payment quote using bloomberg and I'm just not getting it. Here's the quote from the dealer:

Price of vehicle $56,640
Residual value $33,984 (60%)
Money Factor 0.00225
36 month lease, 12k per year
Due at signing $3,595
Payment $883
State tax 7%

Can anyone out there help me validate this?
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