Lease factor rate and Residual value

BillwnhBillwnh Member Posts: 27
edited January 2020 in BMW
Hi all, I am looking for the lease factor rate and residual value:

2019 BMW 330iX
36 month 25k/year and 30k/year
03894

Thanks in advance

Comments

  • MichaellMichaell Moderator Posts: 248,933
    Billwnh said:

    Hi all, I am looking for the lease factor rate and residual value:

    2019 BMW 330iX
    36 month 25k/year and 30k/year
    03894

    Thanks in advance

    25K or 30K per year?

    We only have residuals up to 15K; you'll have to check with the dealer as to how the extra 30-45K will affect the residual.

    It will be one expensive lease payment, for sure.

    36/15
    .00137 and 58%
    $500 lease credit

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  • BillwnhBillwnh Member Posts: 27
    Thanks Michaell
    Yes I know the payment will be high. This is my everyday work vehicle and I drive on average 25k/yr. I am looking at leasing as an option.

    I asked the salesman what MF rate he was using and he told me it was 0.00250. I am just trying to keep them honest and make sure they aren't playing games.
  • kyfdxkyfdx Moderator Posts: 249,220
    Billwnh said:

    Thanks Michaell
    Yes I know the payment will be high. This is my everyday work vehicle and I drive on average 25k/yr. I am looking at leasing as an option.

    I asked the salesman what MF rate he was using and he told me it was 0.00250. I am just trying to keep them honest and make sure they aren't playing games.

    Chances are, they are using some sort of commercial program, with that many miles. Otherwise, they couldn't markup the rate by that much.

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