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2018 BMW 640 GT lease question

kiwi5094kiwi5094 Posts: 23
edited April 2018 in BMW
Hi
I am considering leasing 2018 640 GT
wonder whats MF and residual for 12k miles /year
Thank you
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Answers

  • kiwi5094kiwi5094 Posts: 23
    Thank you so much
  • kiwi5094kiwi5094 Posts: 23
    So I got the actual quote from BMW dealership
    here is the price I got
    BTW I am trading my 2015 X5 (lease is up in Aug 2018)

    Actual MRRP 640 GT 79985
    discount 10732
    rebate 2000
    Adjusted selling price 67253
    Trade in value 35000
    Trade difference 32253
    Options (window tint) 495
    Sales subtotal 32748
    Tax 2188.82
    Doc fee 149
    E-Tag fee 5
    Title 33
    Title Cov fee 11
    Trade payoff 36152.36
    Remaining Balance 71287
    Residual 41387.05
    36 MO/12k and payment 1079.17
    No down and Only paying first month payment at the delivery plus doc fees, title,license and tax on down payment

    CAN you tell me if this deal is fair, good or bad ??


    Thank you
  • kiwi5094kiwi5094 Posts: 23
    I guess I am eating 1152 to trade because it will cost around that money to return the lease
    It is Texas
    tax rate is 6.25
    It is service loaner with 4000 miles
    I was expecting more discounts
    So what do you think ?
  • kyfdxkyfdx Posts: 128,188
    kiwi5094 said:

    I guess I am eating 1152 to trade because it will cost around that money to return the lease
    It is Texas
    tax rate is 6.25
    It is service loaner with 4000 miles
    I was expecting more discounts
    So what do you think ?

    Okay.. that explains a lot.
    I get $1006/mo. with those numbers.
    I don't see the $925 acquisition fee in your list, but that would only add about $30/mo. to the payment.
    So, I would assume they are marking up the money factor.

    I agree.. on a service loaner, for a not that popular model, I'd expect a bigger discount.
    And, no markups..

    I would definitely want to be under $1000/mo, as it's structured now.

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

    Edmunds Moderator

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