MSRP $100,000.

00
Term (months) 48
Residual (%) 10.0%
Residual ($) $10,000.00
Capitalized cost (negotiated) $100,000.00
Downpayment $8,000.00
Cost after down (net cap cost) $92,000.00

Depreciation = Net Cap Cost - residual $82,000.00

DEPRECIATION (monthly) $1,708.33
Money factor (MF) 0.002400
INTEREST rate 12.0000%

Interest ($) portion $264.00

Monthly payment $1,972.33

Tax
Tax ($)
Monthly (incl tax)

Drive off
Tax $4.39
up front fee tax
cap red tax
reg/license $ 525.75
1st payment $ -
bank fee/acq $ 695.00
doc fee $ 45.00
Total drive-off $ 1,270.14

$ -

LA
9.75%
Lower with longer term

Want as low as possible

Total depreciation/term

Multiply by 24. Effective APR = 12.68% 5.915%

(Residual + Invoice) * MF
Depreciation + Interest

Don't forget:
Annual mileage limit!
Drive off fees
1/19/2010 nathanlloyd@lacarguy.com

4 yr / 50,000
12K, $.25/mile after
+ 600 security =
0.00015

Audi Audi
Term (months) 48.0 48.0

MSRP $ 38,525.00 $ 38,525.00

Residual (%) 46.0% 46.0%
Residual ($) $ 17,721.50 $ 17,721.50
Invoice $ 37,351.00 $ 37,351.00
Downpayment $ -
Invoice (net cap cost) $ 37,351.00 $ 37,351.00
Depreciation = Invoice - residual $ 19,629.50 $ 19,629.50
DEPRECIATION (monthly) $ 408.95 $ 408.95

Money factor 0.002380 0.002230

INTEREST rate 5.7120000% 5.3520000%

Depreciation portion $ 408.95 $ 408.95

Interest ($) portion $ 131.07 $ 122.81
Monthly payment $ 540.02 $ 531.76
Tax 9.75% 9.75%
Tax ($) $ 52.65 $ 51.85
Monthly (incl tax) $ 592.67 $ 583.61

Drive off
Tax $ 4.39 $ 4.39
up front fee tax
cap red tax
reg/license $ 525.75 $ 525.75
1st payment $ 592.67 $ 583.61
bank fee/acq $ 695.00 $ 695.00
doc fee $ 45.00 $ 45.00
Total drive-off $ 1,862.81 $ 1,853.75

$ 1,174.00
LA
9.75%
 46% 12K
Residual

Audi Audi Mercedes

48.0 48.0 42.0

$ 37,075.00 $ 37,075.00 $ 39,830.00 $ 39,829.63

46.0% 42.0% 54.0%
$ 17,054.50 $ 15,571.00 $ 21,508.20 21508
$ 37,075.00 $ 37,075.00 $ 35,400.00 $ (4,430.00)
$ 2,000.00 $ 2,000.00 $ 2,041.36
$ 35,075.00 $ 35,075.00 $ 33,358.64
$ 18,020.50 $ 19,504.00 $ 11,850.44
$ 375.43 $ 406.33 $ 282.15

0.001969 0.001437 0.002400

4.73% 3.45% 5.76%

$ 375.43 $ 406.33 $ 282.15

$ 106.57 $ 75.67 $ 136.58
$ 482.00 $ 482.00 $ 418.73
9.75% 9.75% 9.75%
$ 47.00 $ 47.00 $ 40.83
$ 529.00 $ 529.00 $ 459.56

$ 4.39 $ 4.39 $ 4.39 $ 57.75 tire, eff, smog

$ 111.15
$ 199.03
$ 525.75 $ 525.75 $ 525.75 $ 481.00
$ 529.00 $ 529.00 $ 459.56 $ 469.71
$ 695.00 $ 695.00 $ 695.00 $ 1,095.00
$ 45.00 $ 45.00 $ 45.00 $ 45.00
$ 1,799.14 $ 1,799.14 $ 1,729.70 $ 2,458.64
$ 4,500.00