First, you haven't accounted for the taxes and fees the bank has to pay. Also, although you don't specifically say so, it sounds as if you expect the bank to pass on the full $7500 TAX CREDIT (not a rebate) to you; that's not gonna happen.I am a little confused. Going over the contract numbers once more........
MSRP on the Premier is $43570
Dealer Discount $3944
GM lease rebate $4500
Net price is $35126
$1182 due at signing plus 35 payments of $340.03 = $13,083.05 (total out of pocket)
$35126 - $7500 federal rebate = $27626 (total cost of the car to the bank)
$27626 - $13083.05 in total lease payments = $14542.95
Here is where i am confused..... residual value of the car is 60% or $21075.60 but the bank only paid $14542.95 !
So, what is the confusion . . . that the lessor expects to make a profit?