Considering 2019 x3 all wheel drive; zip 94582 money factor=.00185 3yr /40000 residual=55 is this a good deal? If not, what would be considered a good deal with regards to the MF and residual? Thanks
Considering 2019 x3 all wheel drive; zip 94582 money factor=.00185 3yr /40000 residual=55 is this a good deal? If not, what would be considered a good deal with regards to the MF and residual? Thanks
I'm seeing the following for a 2019 X3 xDrive for 36 month / 12K miles from BMW Financial:
57% residual, 0.00145 MF, $2,000 lease credit
Other than those not matching your numbers, a good deal would be focusing on negotiating the Cap Cost (sales price) as low as you can. We recommend using our True Market Value tool as a guide: https://www.edmunds.com/tmv.html. Your goal should be to not pay more than the TMV.
Answers
57% residual, 0.00145 MF, $2,000 lease credit
Other than those not matching your numbers, a good deal would be focusing on negotiating the Cap Cost (sales price) as low as you can. We recommend using our True Market Value tool as a guide: https://www.edmunds.com/tmv.html. Your goal should be to not pay more than the TMV.
These articles might be helpful:
https://www.edmunds.com/car-leasing/10-steps-to-leasing-a-new-car.html
https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html