Need help with lease on a 4 series, thanks
New Jersey dealer - I live in New York
2014 4 series coupe x drive MSRP $57,050 including destination, other fees separate
36 months 10K miles per year
**one pay option **
less than stellar credit
Dealer told me if credit score is 640 or higher the MF is .00140, less than 640 the MF is .00160
They did not tell me the selling price, so figure $3500 of MSRP, so selling price for calculation purposes would be $53,500 if you think this selling price is reasonable.
They will be getting back to me in 2 days with actual total of the one time payment. What should the fair price be so I know if their offer is decent.
The Dealer also said that when you do a one pay option you would be out any money if the car was totaled before the lease end, unlike a down payment on a lease, do you know this to be true?
Thanks for any information