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First time leasing. Is this a good monthly payment ?

juventus6juventus6 Member Posts: 2
edited May 2016 in BMW
2016 328i xDrive Total MSRP 46,745 36m 12/yr Total out of pocket = $2k includes tax title etc.. $550/month ?? Any thoughts ?
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  • MichaellMichaell Moderator Posts: 262,003
    juventus6 said:

    2016 328i xDrive Total MSRP 46,745 36m 12/yr Total out of pocket = $2k includes tax title etc.. $550/month ?? Any thoughts ?

    What is the selling price?

    What state? Do you have a breakdown of the $2000 out of pocket?

    .00138 and 62% are the relevant lease numbers this month.

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  • juventus6juventus6 Member Posts: 2
    Wisconsin SP $44,000 $1200 money down includes 1st payment $800 tax,title, etc...
  • MichaellMichaell Moderator Posts: 262,003
    juventus6 said:

    Wisconsin SP $44,000 $1200 money down includes 1st payment $800 tax,title, etc...

    $518/mo plus tax with those prices. If the sales tax rate is 6.25% then $550/mo is about right.

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