Residual needed for 2015 BMW 335ix, 15K/yr, 36 months?

Answers

• Michaell Moderator Posts: 271,601

  January 2016

  moemoe7 said:

  What's the residual for a demo 2015 335i xdrive 15k miles per year for 36 months?
  Will this car qualify for the $3,000 BMW incentive?
  
  Thank you so much!

  .00132 and 53%.
  
  If the car has not been titled, then it qualifies for the $3000 incentive.

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• moemoe7 Member Posts: 23

  January 2016

  Thanks, Michaell.

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• moemoe7 Member Posts: 23

  January 2016

  Hi Michael,
  How is the following deal for a 2015 demo 335i xdrive with 3006 miles.
  36 months 15k per year
  MSRP: $56,345
  Selling Price: $43,130.49
  $484 per month
  $3,688 drive off ($1656 taxes, $484 first month, $323 motor vehicle, $299 doc fee, $925 bank fee)
  I'm on Long Island (Nassau County) NY.
  
  It seems high to me, but I would appreciate your guidance.
  
  Thank you!
  

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• Michaell Moderator Posts: 271,601

  January 2016

  moemoe7 said:

  Hi Michael,
  How is the following deal for a 2015 demo 335i xdrive with 3006 miles.
  36 months 15k per year
  MSRP: $56,345
  Selling Price: $43,130.49
  $484 per month
  $3,688 drive off ($1656 taxes, $484 first month, $323 motor vehicle, $299 doc fee, $925 bank fee)
  I'm on Long Island (Nassau County) NY.
  
  It seems high to me, but I would appreciate your guidance.
  
  Thank you!
  

  I get $465/mo before adjusting for the miles ... 3006 miles is about $600, or $17/mo.
  
  Pretty darn close to your quote.

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