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Is adjusted capitalized cost of a car the same as the price?

 
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jojoma jojoma
New User | Posts: 1 | Joined: 02/10
Posted: 02/05/10
11:16 PM

Hi,

I leased a car 3 years ago that had a gross capitalized cost of $24,449, and an adjusted capitalized cost of $24,046.39. Now, I want to buy a similar car (same model, features, etc) but the dealer is quoting $28,612.75 for the financing option, and $26,612.75 if I choose a $2000 cash rebate.

Let's say the two cars are exactly the same (they are except for the model year). Should I be able to negotiate the purchase price down more toward the $24k range?

Thanks a lot  

 
dub161 dub161
New User | Posts: 5 | Joined: 02/10
Posted: 02/13/10
02:39 AM

There are way to many unknown factors in this scenario to make an accurate assessment.  No, adjusted cap. cost is not the same as the price.  The gross cap cost is the same as the price.  

 
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