BMW 428i lease/finance option
Has anyone heard of this as a financing option? I have a quote on a "executive" car--5000 miles 428i with premium and driver assist. MSRP is about $46,000 and the offer is $40,000 (which I think is on the high side but is not really my question. At least not yet.) This is a 60 month loan with an APR of 1.9% but with a residual (or I guess a balloon payment) of $13,297 at the end of 60 months. Any thoughts on whether this type of deal makes sense?