Quote:
Originally Posted by Steve Carlton
Is the 8k net of the amount of the cap reduction or before?
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I could have pocketed 8k from the car I traded and had a more expensive lease.
I took that 8k and used it as a cap cost reduction on a vehicle that sold at msrp - saving an additional few hundred in tax. Residual was 57% so I probably saved $400 in sales tax.
The VW money factor isn’t great - .00128 for tier 1 - but no worse than anywhere else without a deal. Which they don’t need to offer.
Not the best deal I ever got, but I can live with it.