2016 x5 lease question

lindsay2016lindsay2016 Member Posts: 3
edited December 2015 in BMW
I would like to know if the following is a fair deal: I'm in IL Msrp $65570 Selling $62706 10k/39mth with 55% residual $940 with $0 down $900 with 7xmsd $865 with 7xmsd and taxes down Thanks.

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  • lindsay2016lindsay2016 Member Posts: 3
    Thanks. That's what I thought based on the other discussions I've seen so far on this site. 
  • lindsay2016lindsay2016 Member Posts: 3
    The dealer claims that the MF is .0015 and cannot be adjusted bc these are "set by BMW on a monthly basis". Is it possible they are different by state? 
  • kyfdxkyfdx Moderator Posts: 187,267

    The dealer claims that the MF is .0015 and cannot be adjusted bc these are "set by BMW on a monthly basis". Is it possible they are different by state? 

    The base MF is .00131, nationwide, this month. Dealers are permitted to mark up the rate as much as .0004, for a maximum of .00171, for extra profit. No doubt.

    I would suggest introducing some competition to your search, as this dealer is obviously not going to give you a good deal on his own.

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