535i Lease

norcalkid

Ok - Got a new deal. How does this monthly sound against the deal points below:



2016 535i ( M sport Package )
MSRP 64445
Selling Price 55,500
5K Down
MF .00135
36/10

521.54 + tax = 568. 48

Michaell

norcalkid said:

Ok - Got a new deal. How does this monthly sound against the deal points below:



2016 535i ( M sport Package )
MSRP 64445
Selling Price 55,500
5K Down
MF .00135
36/10

521.54 + tax = 568. 48

How much of the $5K down is going to cap reduction?

We don't recommend doing that, as you would lose the money if the car is stolen or totaled.

Assuming the selling price is the cap cost, I get $578/mo plus tax.

norcalkid

Hi,  thanks for the help!  Yes selling price is the cap cost. I understand regarding the money down.  Thanks!  Is the 578/mo + tax you got using the 5k down / 55k cap cost?

Michaell

norcalkid said:

Hi,  thanks for the help!  Yes selling price is the cap cost. I understand regarding the money down.  Thanks!  Is the 578/mo + tax you got using the 5k down / 55k cap cost?

Using the numbers you provided, along with 61% residual and .00135 MF

norcalkid

Ok, thanks! So if I am getting 521.54 + tax, with the numbers i provided then it sounds like a good deal? ( Less the risk of putting money down of course)

Michaell

norcalkid said:

Ok, thanks! So if I am getting 521.54 + tax, with the numbers i provided then it sounds like a good deal? ( Less the risk of putting money down of course)

Yep