Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
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Early Lease Renewal Offer
Recd. dealer offer for early renewal of my current 35 month 2013 528i lease which expires March 2016.
I have already reached allotted 36k mileage on current vehicle
Currently paying $654.00 including CA Sales Tax
Dealer offered new 35 month lease @ $654.00 including CA tax
528i $49950
Plus
Premium Package $2600
Drivers Assistance Package $1800
Heated Seats $500
Wheel Locks $160
Destination Charges $950
Seems like a reasonable deal.
What am I missing????????????????
I have already reached allotted 36k mileage on current vehicle
Currently paying $654.00 including CA Sales Tax
Dealer offered new 35 month lease @ $654.00 including CA tax
528i $49950
Plus
Premium Package $2600
Drivers Assistance Package $1800
Heated Seats $500
Wheel Locks $160
Destination Charges $950
Seems like a reasonable deal.
What am I missing????????????????
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Comments
We need to know the selling price of the new car and miles per year to fully evaluate your deal.
$654/mo for a car that stickers at $56K is just OK; if you check out the 5-series lease discussion, you'll see folks who have done better than that.
If the dealer is applying the remaining payments to your new lease, that alone is adding $91/mo to your payment.
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