Car Buying Advice - 2017 BMW 530i Lease

hchoudharyhchoudhary Member Posts: 7
edited April 2017 in BMW
MSRP 61895 

2000 incentive

 1500 fleet discount

MF 00081

Residual .61

7 MSD

Approx 1860 in tax
925 acquisition fee
495document fees
DMV fee around 400 exactly don't remember
 570 per month 12k per year
 Is this a good deal? I'm new to leasing. Also, he is covering rest of my lease payments for 5 months on 5 series that I lease right now.

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  • kyfdxkyfdx Moderator Posts: 187,667

    MSRP 61895 

    2000 incentive

     1500 fleet discount

    MF 00081


    Residual .61


    7 MSD


    Approx 1860 in tax

    925 acquisition fee

    495document fees

    DMV fee around 400 exactly don't remember
     570 per month 12k per year

     Is this a good deal? I'm new to leasing. Also, he is covering rest of my lease payments for 5 months on 5 series that I lease right now.

    Selling price or adjusted CAP cost?
    What is the amount due at signing?

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  • hchoudharyhchoudhary Member Posts: 7
    MSRP is 61985 I can't remember the selling price.

    total due is 600*7 MSD
    plus 1865 tax, 925 acquisition, 499 document fee, 500 dmv
    so in total around 8000
  • hchoudharyhchoudhary Member Posts: 7
    Thank you so much, much appreciated...So looks like there is around 1000 dollars room for discount, which can bring my payment close to 550, correct?
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