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New lease car with miles

biggusmickusbiggusmickus Boston, MAPosts: 8
edited November 2017 in BMW
I'm looking at a 2017 540xi. It's got 260 miles on it but is being leased as new, but I'm wondering is it officially a demo or loaner with this many miles. Is the residual still the same, 61% for 10k and is there anything else to watch for? Thanks
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Comments

  • kyfdxkyfdx Posts: 120,318
    Still new. No residual reduction. I think the cutoff is 500 miles for BMW

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    Edmunds Moderator

  • biggusmickusbiggusmickus Boston, MAPosts: 8
    Brilliant, thanks for that.
  • isellhondasisellhondas Issaquah WashingtonPosts: 20,225
    Those miles are probably because a manager was using it or it came in on a dealer trade.
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