Car Buying Advice - 2017 BMW 540i xDrive Lease Quote

Comments

• [Deleted User] Posts: 0

  June 2017

  Hello @revisions,
  
  What options and color are on this 5 series? I would like to appraise it using Edmunds True Market Value. Edmunds True Market value or TMV pricing is a powerful tool that helps shoppers get a good deal on a new or used car. Based on actual sales data, TMV is a guide to what other people in your area paid for the same car. You can build, price and obtain TMV on any car with the link below.
  
  •https://www.edmunds.com/tmv.html
  
  The only thing I see that is wrong on this quote is the residual. The residual should be 62% for 36 months and 10K miles a year. The rest of the deal appears to be fair and correct but I would like to check the average selling price vs the price they offered you.
  
  Please feel free to let me know if you have any questions.
  
  Thanks!

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• revisions Member Posts: 2

  June 2017

  Hi @blakelaclair, I believe the residual is correct as this is a 36 month / 12,000 mile lease term. I have attached a picture of the car's options.
  

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• [Deleted User] Posts: 0

  June 2017

  Hello @revisions Thanks for the updated information. You are correct, the residual is 61% for 36 months and 12K miles a year, it is 62% for 10K miles a year. I appraised the 5 Series using TMV. According to TMV the average price paid is $62,590 before rebates are applied. Their price of $59,050 with the rebates is a great deal!
  
  I personally do not see anything that would stop me from signing the paperwork on this lease. Please feel free to let me know if you have any questions.
  
  Thanks!

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