Daily Inclusion Schedule

For ease of reference, the following schedule provides the daily inclusion amount under the annual lease value table.

               Value of Demonstration Automobile                                     Daily Inclusion Amount

               $0 – 2,999                                                                                  $3

               $3,000 – 4,999                                                                            $4

               $5,000 – 5,999                                                                            $5

               $6,000 – 7,999                                                                            $6

               $8,000 – 8,999                                                                            $7

               $9,000 – 10,999                                                                          $8

               $10,000 – 11,999                                                                        $9

               $12,000 – 12,999                                                                        $10

               $13,000 – 14,999                                                                        $11

               $15,000 – 15,999                                                                        $12

               $16,000 – 17,999                                                                        $13

               $18,000 – 18,999                                                                        $14

               $19,000 – 20,999                                                                        $15

               $21,000 – 21,999                                                                        $16

               $22,000 – 23,999                                                                        $17

               $24,000 – 24,999                                                                        $18

               $25,000 – 25,999                                                                        $19

               $26,000 – 27,999                                                                        $20

               $28,000 – 29,999                                                                        $21

               $30,000 – 31,999                                                                         $23

               $32,000 – 33,999                                                                         $24

               $34,000 – 35,999                                                                         $25

               $36,000 – 37,999                                                                          $27

               $38,000 – 39,999                                                                          $28

               $40,000 – 41,999                                                                          $29

               $42,000 – 43,999                                                                          $31

               $44,000 – 45,999                                                                          $32

               $46,000 – 47,999                                                                          $34

               $48,000 – 49,999                                                                          $35

               $50,000 – 51,999                                                                          $36

               $52,000 – 53,999                                                                          $38

               $54,000 – 55,999                                                                          $39

               $56,000 – 57,999                                                                          $40

For vehicles with value in excess of $59,999, the dollar inclusion amount is (.25 x value) + $500, divided by 365, rounded to nearest dollar amount.

Downey & Company specializes in finance, tax and management of automobile dealerships. For more information or a free proposal, please email Paul McGovern at pmcgovern@downeycocpa.com or call him at  781.849.3100.