Advice on 2014 328 xdrive diesel LEASE - City of Chicago - these are my quoted terms...
I hate being a city of Chicago resident. I wanted to ask the group about my lease (potential) deal.
2014 328 xdrive DIESEL. sport line/tech/premium/cold weather. 10K/year, 36 months. ZERO down. MSRP $51225. Vehicle price (inclusive of holiday cash and $500 loyalty, the latter not taxable and coming through as ”cash down” is $46250.
So, vehicle price is actually $46750. Offering 61% residual, .00125 MF, $925 lenders fees, and $385 doc/title/etc.
The monthly is coming out to $719. According to G’s calculator, with Illinois tax at 9.25%, and the city of Chicago usage tax (not reflected in calculator but estimated at $50 bucks/mo), they are quoting $719 / mo. Sound right???? any help would be appreciated. I have a business and am opting NOT to do the ”owners choice” for tax reasons.