Is this a good deal for a 36/10k LEASE for 16' BMW X6M?

rlsummers3rlsummers3 COLORADOMember Posts: 21
edited October 2016 in BMW

Comments

  • kyfdxkyfdx Moderator Posts: 194,200
    Is the MSRP $116,695?

    So, you are only getting about $3000 off MSRP, then buying $2000 of lojack, window tint and paint/interior protection?

    And, they are marking up the money factor the maximum to .00176?

    It's a terrible deal.

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  • rlsummers3rlsummers3 COLORADOMember Posts: 21
    Okay so what should my demands be?
  • rlsummers3rlsummers3 COLORADOMember Posts: 21
    The LoJack is on car windshield as an addendum and is not an option. The tinting I can cut them a check for as well as the paint protection. I ve already countered their contract. I asked them to void the rent charge entirely and we have a deal.
  • rlsummers3rlsummers3 COLORADOMember Posts: 21
    Please "Obie One" your my only hope! :s
  • kyfdxkyfdx Moderator Posts: 194,200
    You can't "void the rent charge". That's the finance portion of the lease. However, that's marked up enough that it's adding about $100/mo. to the payment.

    I'd want a Gross CAP cost that is $6000 less than their $118,696, and the base MF of .00136.
    That would drop the payment to about $1592 vs. $1863.

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