2020 530i residual MF on exec inventory

Equivic8

Looking for the residual and money factor on 24/20k and 36/30k on a 530i xdrive 2020 model BUT for an exec model with 15k miles already on it. I can’t remember if they adjust the residual or charge a per mile excess use fee? Please help. Thanks!

Michaell

Equivic8 said:

Looking for the residual and money factor on 24/20k and 36/30k on a 530i xdrive 2020 model BUT for an exec model with 15k miles already on it. I can’t remember if they adjust the residual or charge a per mile excess use fee? Please help. Thanks!

What is your location?

I'm not sure that a car with 15K on it already can be leased; I thought the max mileage allowed was 7500.

Equivic8

My location is 18902 but the car is at 27101. How can I confirm the max existing mileage to still be able to lease?

Equivic8

@Michaell said:
What is your location?

I'm not sure that a car with 15K on it already can be leased; I thought the max mileage allowed was 7500.

@Michaell said:
What is your location?

I'm not sure that a car with 15K on it already can be leased; I thought the max mileage allowed was 7500.

From leasehacker:
Mileage under 7,500 is subject to a residual reduction of $0.25/mile or $.30/mile less 500 miles.

I.E. 3 series with 5000 miles. 5000-500 = 4500 * .25 = $1,125

I.E. 7 series with 5000 miles. 5000-500 = 4500 * .30 = $1,350

The car must have 4000 miles and 4 months of service.

the loaner has > 7,500 miles, there is a further 7% residual drop in addition to the mileage penalty.
(Unverified at this time).

https://forum.leasehackr.com/t/bmw-leasing-wiki/10783

kyfdx

Equivic8 said:

My location is 18902 but the car is at 27101. How can I confirm the max existing mileage to still be able to lease?

The only entity that can confirm the lease program on that vehicle is the dealer.

In any case, we don't show supported lease programs for any 2020 530i