AUTO LEASE OR BUY
ANALYSIS
BUY ANSWER SHEET
|
DEALER AND VEHICLE DATA
|
| DEALER |
XYZ DEALER |
SALESMAN |
Any Salesman |
DATE |
01/01/2001 |
| MAKE |
Car |
MODEL |
Buggy |
YEAR |
2000 |
| SERIAL/VIN # |
ABC 123456789Z
|
DEALER #
|
ZX13456
|
|
BUY ANALYSIS
|
| STICKER PRICE PLUS FEES |
(Delivered Price before Discounts) |
$18,601.00 |
|
| DEALER DISCOUNTS |
500.00 |
|
| MANUFACTURER'S DISCOUNTS |
(Rebates, etc.) |
500.00 |
|
| GROSS SALES PRICE |
(Adjusted Delivered Price) |
$17,601.00 |
|
| TRADE-IN |
(Cap Cost Reduction) |
0.00 |
|
| DOWN PAYMENT |
(Cap Cost Reduction) |
2,100.00 |
|
| NET PRICE |
(Lease or Loan before Sales Tax) |
$15,501.00 |
|
| SALES TAX |
7.00
|
% |
|
1,085.07 |
|
| LOAN AMOUNT |
(Lease or Loan after Sales Tax) |
$16,586.07 |
|
| LESS SALES TAX |
(If you don't finance sales tax) |
1,085.07 |
|
| NET LOAN AMOUNT |
(Final Lease or Loan Amount) |
$15,501.00 |
|
| TERM OF LOAN |
4
|
YEARS |
|
|
| QUOTED INTEREST RATE/YR. |
9.00
|
% |
|
|
| CALCULATED INTEREST RATE/YR. |
9.03
|
% |
|
|
| QUOTED PAYMENT/MONTH |
$386.00
|
|
|
|
| CALCULATED PAYMENT/MONTH |
$385.74
|
|
|
|
|
LOAN PRINCIPAL & INTEREST FOR LEASE TERM AND BUY
TERM
|
| |
LEASE TERM
|
QTD. INT.
|
BUY TERM
|
QTD. INT
|
| PAID PRINCIPAL |
24 |
MONTHS |
$7,057.41 |
48 |
MONTHS |
$15,501.00 |
| PAID INTEREST |
24 |
MONTHS |
2,200.42 |
48 |
MONTHS |
3,014.67 |
| TOTAL PRINCIPAL & INTEREST |
24 |
MONTHS |
$9,257.83 |
48 |
MONTHS |
$18,515.67 |
|
COST TO OWN FOR LEASE TERM AND BUY TERM
|
| PRINCIPAL BALANCE OWED |
24 |
MONTHS |
$8,443.59 |
48 |
MONTHS |
$0.00 |
| TRADE-IN & DOWN PAYMENT |
|
|
2,100.00 |
|
|
2,100.00 |
| PAYMENTS DURING TERM |
2 |
YEARS |
9,257.83 |
4 |
YEARS |
18,515.67 |
| COST TO OWN |
24 |
MONTHS |
$19,801.42 |
48 |
MONTHS |
$20,615.67 |
| LESS: VALUE OF VEHICLE |
62.34 |
% |
11,221.00 |
45.33 |
% |
8,160.00 |
| ADJUSTED COST TO OWN |
24 |
MONTHS |
$8,580.42 |
48 |
MONTHS |
$12,455.67 |
| COST TO OWN PER MILE |
15,000 |
PER YR. |
$0.286 |
15,000 |
PER YR. |
$0.208 |
Lease
|
