2016 BMW 428xi Lease
Just got a lease quote on a 2016 428xi M Sport
MSRP=$ 55,520
Selling Price = $ 51,800
MF = .00138 (3.3% apr)
Residual = $34,422.40 (62%)
36/12k lease term
$617/ month
Also approx $3800 in payment due @ singing. This is taxes paid up front , first month doc fee and so forth.
To me it seems like the money factor is a little high. I also inquired about MSD and it lowered the MF to .00089.
Thanks everyone
MSRP=$ 55,520
Selling Price = $ 51,800
MF = .00138 (3.3% apr)
Residual = $34,422.40 (62%)
36/12k lease term
$617/ month
Also approx $3800 in payment due @ singing. This is taxes paid up front , first month doc fee and so forth.
To me it seems like the money factor is a little high. I also inquired about MSD and it lowered the MF to .00089.
Thanks everyone
0
Comments
If the selling price is the same as the CAP cost, then I get $602/mo.with those numbers. (vs. your $617).
Making 7 MSDs would lower that number by $42/mo.
I would ask for a breakdown of the $3800. That seems like a lot, but not knowing your state or tax rate, I would just be guessing.
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Can you possibly advise me where to find them .
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The $3800 break down was govt fees, taxes up front doc fee and dealer charge plus first months payment.
They vary greatly, by make, model, term, etc.
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