View Single Post
      09-07-2014, 11:41 PM   #5
senoromar
Private First Class
42
Rep
114
Posts

Drives: 2021 X5 40i M-Sport
Join Date: Apr 2011
Location: LA

iTrader: (0)

You can double check the money factor like so:

MF = (rent charge/#months) / (adj cap cost + residual)

The rent charge is disclosed on the contract. It is the total interest you will pay over the life of the lease.

Multiply the MF by 2400 to get the approx APR equivalent.

Other than that, just check the acquisition and doc fees as mentioned above.
Appreciate 0