Your thoughts, please

dansbmwdansbmw Member Posts: 1
edited May 2018 in BMW
Greetings! Considering to lease a 2018 x1, my current Bmw lease will expire soon Msrp 37,490 Selling price 33,990 Bmw rebate 2,500 Net cap cost 31,493 Residual .59 ( 22,119 ) 36/10 MF .00146 Monthly payment 338.66 Monthly tax 21.50 ( CT tax ) Security deposit 7 months 2,800 Doc fee 499 Upfront fee 280 Upfront tax 267 Other upfront fee 925 What I need help with is why the acquisition fee of 925 was included in the msrp and then again as other upfront charge Also, what are the upfront taxes of 267 and upfront fee of 280? Dealer is very ambiguous and I need your thoughts, please My lease ends in November, should I take advantage of the current 2,500 rebate and the pull ahead lease program, or should I wait till December hoping for more incentives? Many thanks for your help, much appreciated Regards
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Answers

  • kyfdxkyfdx Moderator Posts: 197,544
    dansbmw said:

    Greetings!
    Considering to lease a 2018 x1, my current Bmw lease will expire soon
    Msrp 37,490
    Selling price 33,990
    Bmw rebate 2,500
    Net cap cost 31,493
    Residual .59 ( 22,119 )
    36/10
    MF .00146
    Monthly payment 338.66
    Monthly tax 21.50 ( CT tax )
    Security deposit 7 months 2,800
    Doc fee 499
    Upfront fee 280
    Upfront tax 267
    Other upfront fee 925

    What I need help with is why the acquisition fee of 925 was included in the msrp and then again as other upfront charge
    Also, what are the upfront taxes of 267 and upfront fee of 280?
    Dealer is very ambiguous and I need your thoughts, please
    My lease ends in November, should I take advantage of the current 2,500 rebate and the pull ahead lease program, or should I wait till December hoping for more incentives?
    Many thanks for your help, much appreciated
    Regards

    I think you are confusing the destination fee with the acquisition fee.

    The destination fee is part of the MSRP on every vehicle sold in the US.
    The acquisition fee is a lease specific fee that goes to the bank.

    That seems like a reasonable deal. No idea what might happen in December. If you are happy with your current lease, I'd wait until at least August or Sepetember, to see what other deals could be had.

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