Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2017 M240 lease question

smedum25smedum25 Posts: 5
edited November 2016 in BMW
I was presented with the below lease offer for a 2017 M240 and wanted an opinion on it MSRP: $55,500 Cap Cost: $52,051 Taxes and Fees: $3,771 36 month lease 12k miles per year Due at signing: $2,400 Monthly payment: $769 I don't know current residual or mf for the M240 so I am curious as to this lease deal.

Comments

  • The state is NJ
  • kyfdxkyfdx Posts: 116,585
    smedum25 said:

    I was presented with the below lease offer for a 2017 M240 and wanted an opinion on it

    MSRP: $55,500
    Cap Cost: $52,051
    Taxes and Fees: $3,771
    36 month lease
    12k miles per year

    Due at signing: $2,400
    Monthly payment: $769

    I don't know current residual or mf for the M240 so I am curious as to this lease deal.

    smedum25 said:

    The state is NJ

    About $1900 tax, $925 acq.fee, $500 title/registration, $400 dealer fee? That's pretty close to $3771.

    .00134 MF and 57% residual.
    Adding the $3771 to the CAP cost, then subtracting $1631 Cap cost reduction ($2400 - $769 1st payment), I get $742/mo. $769/mo. looks a little steep.

    I'd verify the money factor and push for a little more off the sale price.

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

    Edmunds Moderator

Sign In or Register to comment.