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When the [Compute] button is clicked on the Main Dialog, the entire
FRB Regulation M Lease Disclosure is generated and displayed in a separate results window.
The contents of this window can be printed, or copied to the clipboard and then inserted in
any other Windows® program such as Excel or Word.
For long disclosures, scroll bars on the right can be used to bring all parts of the
disclosure into view (the sample to the left shows two different scroll bar positions).
Multiple leases can be computed and the results displayed on the screen simultaneously,
making it very easy to compare a number of proposals. Depending on the size of your monitor screen,
you can have up to 10 results on the screen at once.
The ability to have multiple results windows on the screen makes it very easy to compare one
deal to another.
Non-taxed items are shown with a trailing "~". In this example, the Florida downpayment
tax of $42.50 is capitalized in the lease but is not subject to sales tax (because it is itself a
tax).
The Other-2 field (typically used for Extended Warranties and other non-taxed items) entry
of $300 is not taxed -- you can control whether to tax Other-2 by using the Setup Dialog.
The 527B LeaseMaker PC program is available in a variety of configurations, including Local,
Floppy-based (can be run without installing), Enterprise and Network Versions. See Technical Specifications.
If the trade is negative, the trade deficit appears as an item in the Gross Capitalized
Cost.
The residual can be entered as a percentage of the MSRP plus Hard Adds, or can be entered
directly (commonly required for used vehicles).
If the taxable payment is different than the base payment because of non-taxed items that
have been included in the cap cost, it is shown as a separate item.
The local fee (also called a non-financed monthly charge) is added to the monthly
rent.
The Excise tax field is added to the payment after the sales tax is computed.
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