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428i GC 2016 lease payment

darian929darian929 Posts: 17
edited June 2016 in BMW
Hey Guys,

So I want to lease the GC 428i which is pretty much loaded and this is the price the dealer is giving me.

MSRP = 52875
Selling Price = 49725
Residual = 62%
MF = .00138
Term = 36/10k

They are coming at me with $633 including tax with 3k out of pocket which to me is a ripoff. What are reasonable numbers with just inceptions etc out of pocket ~1500.

Comments

  • kyfdxkyfdx Posts: 119,799
    darian929 said:

    Hey Guys,

    So I want to lease the GC 428i which is pretty much loaded and this is the price the dealer is giving me.

    MSRP = 52875
    Selling Price = 49725
    Residual = 62%
    MF = .00138
    Term = 36/10k

    They are coming at me with $633 including tax with 3k out of pocket which to me is a ripoff. What are reasonable numbers with just inceptions etc out of pocket ~1500.

    Money factor and residual are correct.

    $584/mo.+tax, if the adjusted CAP cost is the same as the selling price.

    What state and tax rate?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • darian929darian929 Posts: 17
    Florida and tax here 7%.

    so 584 + tax with 3000 out of pocket seems fine ?
  • kyfdxkyfdx Posts: 119,799
    darian929 said:

    Florida and tax here 7%.

    so 584 + tax with 3000 out of pocket seems fine ?

    $925 acquisition fee
    1st payment
    Title/license fees

    Whatever that adds up to.. (watch out for huge Florida dealer fees)

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • darian929darian929 Posts: 17
    That's fine but that shouldn't add up to more than 2k .. At least no reach 3k
  • darian929darian929 Posts: 17
    I just got new lease pricing on same car.. 599 including tax with 2.5k out of pocket..

    does that seem fine? This was after applying a 1000 graduate program incentive which I plan on actually switching that one for the corporate fleet program which is 1500 and drops the MF by .0002
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