Lease offer, good or bad deal?

mikeyb954

I just left the dealership and this is the offer they give me:
I'm in South Florida
BMW 535i with M kit and Premium pkg
MSRP $64,270
Dealer discount $3500
Rebates $2000
Residual Value 59%
Money Factor .00151
Fess $1200

Monthly payment with 0 down: $812
Monthly payment with $3000 down $681

isellhondas

Sounds like a lot of money to rent a car.

How many miles per year? I know BMW had some ultra low mile leases going.

kyfdx

mikeyb954 said:

I just left the dealership and this is the offer they give me:
I'm in South Florida
BMW 535i with M kit and Premium pkg
MSRP $64,270
Dealer discount $3500
Rebates $2000
Residual Value 59%
Money Factor .00151
Fess $1200

Monthly payment with 0 down: $812
Monthly payment with $3000 down $681

.00131 MF and 59% residual for 36mo, 12K/yr
$1000 option credit + $1000 Novemberfest adder.

Money factor is marked up from the base
Discount is okay.. about 5.5%.

I get $725/mo.+tax with 1st payment and fees/registration upfront.
Using base MF of .00131 knocks $20/mo. off payment.

I don't know if your "0 down" means $zero due at signing, or just $0 cap cost reduction?