2021 BMW M550i x driver and 2021 BMW 540i xdrive

tishkus13tishkus13 Member Posts: 11
edited March 2021 in BMW
Looking for residual and MF for 2021 M550 and 540 for 36/12000, zip code 60440
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  • kyfdxkyfdx Moderator Posts: 268,752
    tishkus13 said:

    Looking for residual and MF for 2021 M550 and 540 for 36/12000, zip code 60440

    .00086 MF and 58% residual

    550: $1000 lease credit
    540: $1500 lease credit

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  • tishkus13tishkus13 Member Posts: 11
    Even if I am first time lessor, I still get those credits?
  • MichaellMichaell Moderator Posts: 265,894
    tishkus13 said:

    Even if I am first time lessor, I still get those credits?

    Yes, you do.

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  • tishkus13tishkus13 Member Posts: 11
    So the dealer gave me his proposal on 2021 540i xdrive.
    36/12000
    MSRP $70790
    SALE PRICE $61790
    $0 DOWN
    $688 DOC AND TITLE AND SOME BS ON PAINT PROTECTION
    MONTHLY PAYMENT $783. Feels like it could be lower. Might be wrong but any answers welcome
  • MichaellMichaell Moderator Posts: 265,894
    tishkus13 said:

    So the dealer gave me his proposal on 2021 540i xdrive.
    36/12000
    MSRP $70790
    SALE PRICE $61790
    $0 DOWN
    $688 DOC AND TITLE AND SOME BS ON PAINT PROTECTION
    MONTHLY PAYMENT $783. Feels like it could be lower. Might be wrong but any answers welcome

    Do you know the adjusted cap cost, with the fees and taxes added in?

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  • tishkus13tishkus13 Member Posts: 11
    I don't. All I have I wrote above. Should I ask the dealer to give me these numbers?
  • MichaellMichaell Moderator Posts: 265,894
    tishkus13 said:

    I don't. All I have I wrote above. Should I ask the dealer to give me these numbers?

    The more information you have, the more we can help you.

    Ask for a screen shot of the dealer lease worksheet.

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  • tishkus13tishkus13 Member Posts: 11
    Dealer went MIA. Dont know nothing else and he is not responding to my messages. Will have to look probably for new deal. Thank you for the answers
  • tishkus13tishkus13 Member Posts: 11
    edited April 2021
    Ok, so he came back with
    36/12000
    MSRP $70790
    SALE PRICE $61790
    $0 DOWN
    $688 DOC AND TITLE AND SOME BS ON PAINT PROTECTION
    $925 ACQUISITION FEE
    $2546.44 UPFRONT COSTS ROLLED TO CAP
    SO THAT BRINGS TO ADDITIONAL CAP COSTS $4159.44
    ADJUSTED CAP COST IS $65949.99. Looks he just added some fees that I dont see. Let me know, thanks
  • tishkus13tishkus13 Member Posts: 11
    edited April 2021
    And monthly payment comes to $783
  • kyfdxkyfdx Moderator Posts: 268,752
    tishkus13 said:

    And monthly payment comes to $783

    What is the amount Due at Signing? Just first payment?

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  • tishkus13tishkus13 Member Posts: 11
    Yes just first month payment and dealer/gov fees
  • kyfdxkyfdx Moderator Posts: 268,752
    tishkus13 said:

    Yes just first month payment and dealer/gov fees

    Seems reasonable

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  • tishkus13tishkus13 Member Posts: 11
    Ok, thank you for the information
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