Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
2015 750Li Demo Lease
I'm new to leasing... so excuse me if I sound ignorant on the subject. I'm working with a dealership on possibly leasing a 2015 750Li demo vehicle, with 6k miles. Here's the deal he put together.
36 months / 12k
4.25% APR (.00177 money factor)
$97,400 MSRP
$67,688 Sale price
$699 Doc fee
$2,500 Down Pmt
7% Tax
$48,705 Residual
$824 Monthly Pmt
Does this seem reasonable? What is negotiable, other than the sales price?
36 months / 12k
4.25% APR (.00177 money factor)
$97,400 MSRP
$67,688 Sale price
$699 Doc fee
$2,500 Down Pmt
7% Tax
$48,705 Residual
$824 Monthly Pmt
Does this seem reasonable? What is negotiable, other than the sales price?
Tagged:
0
Answers
The residual amount they quote seems too high, as 49% of MSRP is less than that, and that's without reducing the residual for mileage. MF appears to marked up from the base amount.
Is $2500 the total amount due at signing? Or is that plus 1st payment, acq.fee, doc fee, etc, etc, etc..
Because if it's just $2500 upfront and $824/mo., it's a good deal, no matter what.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4