3 or 2-year lease info
car_problems
Member Posts: 4
I have 2 questions please:
1. MF and Residual on 2019 Demo 440iGC Demo w/ 4082 miles. The dealer is saying 52.4 residual based on miles and 15K/36. Assuming $3750 lease cash per BMW site. Zip is 74137.
2. Same question as above but at 15K/24 lease term if that's possible.
1. MF and Residual on 2019 Demo 440iGC Demo w/ 4082 miles. The dealer is saying 52.4 residual based on miles and 15K/36. Assuming $3750 lease cash per BMW site. Zip is 74137.
2. Same question as above but at 15K/24 lease term if that's possible.
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Comments
60%/54% residual for 24/36 months
Residual adjustment is around -1.5% for the current mileage, depending on MSRP, so 52.4% seems correct.
(58.4% for 24 months)
$3750 lease credit is correct
$2500 loyalty, if qualified
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I went with a 17K/year lease *3 years based on how many miles I've put on my previous car.
MSRP: 57,015
Sales Price after discount/rebates: 43,917
Monthly payment: $525
I'm in Oklahoma, so I had to pay sales Tax up front (or chose to anyway), so OTD fees were: $3.497 (doc fee was $485 of that).
I'm happy with the deal considering I'll be handing them back this car w/ 50K miles on it and I doubt it will be worth $29,893 (the residual shown on the worksheet)
I couldn't have made the deal w/out this forum and Leasehackr.
(forgot to add that i'm an 825 FICO for others trying to get a deal like this)
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Looking for the March 2020 MF and RV for a BMW 440i xDrive Gran Coupe 36 month lease at 10 and 12k miles per year including loyalty and lease credits. Thank you!
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.00142 MF and 59% residual
$1750 lease credit
$1500 loyalty
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I extended the lease on my current 2017 430i xDrive Gran Coupe while the inventory increases for the 2020 440i Gran Coupes and looking to make the move in the next few weeks. Hoping to upgrade soon. Thanks.
.00118 MF and 59% residual
$1750 lease credit
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