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2016 BMW 328i Xdrive Service Loaner Leasing questions

ctcarguy9ctcarguy9 Posts: 2
edited March 2017 in BMW

This is my first car , I never leased or bought a car on my own before.

I have visited a BMW dealer looking for a car to lease . The dealer gave me the attached quote for a service loaner car.
I have no clue about all the factors that are mentioned here , but my simple math tells me that i am paying more for the car . I am attaching quote here so that i can learn from experts. Any experts suggestions welcome here .

Thanks,

Comments

  • MichaellMichaell ColoradoPosts: 107,620
    ctcarguy9 said:


    This is my first car , I never leased or bought a car on my own before.

    I have visited a BMW dealer looking for a car to lease . The dealer gave me the attached quote for a service loaner car.
    I have no clue about all the factors that are mentioned here , but my simple math tells me that i am paying more for the car . I am attaching quote here so that i can learn from experts. Any experts suggestions welcome here .

    Thanks,

    My calculations are correct using those numbers.

    You are getting a great discount from sticker, and the $1875 charge for the demo miles is correct.

    I don't fully understand the adjustments to the MF - the base MF is .00140 as listed, and the net MF of .00144 affects the payment by only a few dollars.

    Our suggestion is to limit the up front cash to the first payment and DMV fees and taxes - add the dealer fee and acquisition fee to the payment. Your payment goes up to $544.11 but your up front cash goes down to around $850.

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


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

  • Thanks Michaell for the suggestion..!!
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