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x5 lease questions

helens127helens127 Posts: 17
edited June 2016 in BMW
is this good:
msrp 64295
cost 62005.00
mf .00160
redidual 37771.55
36month/12k miles
base: 832.79/month
884.84 with taxes and fees
pay first month at signing

Comments

  • kyfdxkyfdx Posts: 120,532
    helens127 said:

    is this good:
    msrp 64295
    cost 62005.00
    mf .00160
    redidual 37771.55
    36month/12k miles
    base: 832.79/month
    884.84 with taxes and fees
    pay first month at signing

    .00138 MF and 59% residual.

    My number comes pretty close to that.
    That cost must be the adjusted CAP cost, including the acquisition fee?
    An average discount, plus a marked up money factor.
    The markup is adding $22/mo. to the pre-tax payment.

    Seems like you could do a little better, if you introduced some competition.

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

    Edmunds Moderator

  • helens127helens127 Posts: 17
    thank you. I am thinking that I could get down to 2.5% interest/mf. is it usual for BMW to sell at invoice
    price?
  • helens127helens127 Posts: 17
    is it easier to take the MSRP and minus a certain % and then shoot for the lowest mf I can get. so new to this leasing stuff. anythng else that I should use to bargain with?
  • kyfdxkyfdx Posts: 120,532
    helens127 said:

    is it easier to take the MSRP and minus a certain % and then shoot for the lowest mf I can get. so new to this leasing stuff. anythng else that I should use to bargain with?

    MSRP minus 7%, and the base MF of .00138 is what I would look for.

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

    Edmunds Moderator

  • helens127helens127 Posts: 17
    would they sell it to me at invoice???
  • MichaellMichaell ColoradoPosts: 111,187
    helens127 said:

    would they sell it to me at invoice???

    Don't know unless you ask.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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