01-14-2009, 01:36 PM
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#18 (permalink)
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Base Member
Join Date: Jan 2009
Location: Orlando
Posts: 80
Drives: 2012 370z MB
Rep Power: 18
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Quote:
Originally Posted by navcom46
Cap reduction was $3700, unfortunately residual value on the Z is 53%, not 58%, and my state taxes are at 8.25% rate!! The money factor was high, I think it was .00318.
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How are you calculating a 53% residual? I used the MSRP you listed of $35,000 and change multiplied by 58% gave me the $20,500 figure. 53% is absolutely awful if that is the actual residual after three years. I guess your higher tax rate does make up for a good portion of it though. O'well I will have to check it out for myself once the dealers in Orlando actually have a car in stock.
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