Money Factor, Residual and Incentives for a lease at 36/15k for a 2020 540i xDrive
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kyfdx Moderator Posts: 207,816
.00128, not .00125Karlin said:Hi,
re: 36/15k for a 2020 540i xDrive Sedan, Zip 67230.
From my 10/8 post I received a response that the MF is .00125 for October. My local dealer who ordered a custom build for this car for me is advising me that using BMW Financial Services that they are using a MF of .00168. My credit score is excellent. What are the factors that would increase the MF that they are offering me?
I appreciate your help.
Your dealer is marking up the money factor for extra profit. They are taking the maximum markup that BMW allows.5
Answers
re: 36/15k for a 2020 540i xDrive Sedan, Zip 67230.
From my 10/8 post I received a response that the MF is .00125 for October. My local dealer who ordered a custom build for this car for me is advising me that using BMW Financial Services that they are using a MF of .00168. My credit score is excellent. What are the factors that would increase the MF that they are offering me?
I appreciate your help.