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Old 10-31-2008, 04:34 PM
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The calculation is more than just the residual. Their are a few moving pieces. MSRP, Cap Cost, Cap Cost Reduction, Residual, Money Factor and Terms. Ask the dealer for all these and you can easily determine your lease rate. I have a spreadsheet model that does this, and at most it is off by $.01 on the monthly rate. And yes, it frustrates the sales person when I walk in with my laptop.
 

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