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Is this a good deal on a 2018 BMW X3 Lease?
2018 BMW X3 x30i
MSRP: 51445.00
12k miles/36 mo
RV: 59%
MF: unknown
Base Monthly Payment: 594.86
Amount Due at signing:
Cap cost reduction: 1840.00
1st mo: 630.55
Initial registration fees: 360.00
Sales Tax: 21.60
Sales tax on Cap Cost Red: 110.40
Total: 2962.55
Thank you all in advance!
MSRP: 51445.00
12k miles/36 mo
RV: 59%
MF: unknown
Base Monthly Payment: 594.86
Amount Due at signing:
Cap cost reduction: 1840.00
1st mo: 630.55
Initial registration fees: 360.00
Sales Tax: 21.60
Sales tax on Cap Cost Red: 110.40
Total: 2962.55
Thank you all in advance!
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kyfdx
Moderator Posts: 237,218
That's a big doc fee.. I'll guess you are in Florida?drud0616 said:Yes I do. Please let me know if there are any other numbers that you need.
Gross Cap Cost: $47156.60 (Agreed upon Value of Vehicle) + 925 (acquisition fee) + $699 (doc fee) = $48781.15
Adjusted Cap Cost: $46941.15
If that's the actual adjusted CAP, then it looks like the money factor is marked up a little bit, from .00156 to .00173.
If we consider that doc fee as part of the selling price, then the discount is about 7%, which is good.
The money factor markup adds about $14/mo.
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Adjusted CAP cost?
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Gross Cap Cost: $47156.60 (Agreed upon Value of Vehicle) + 925 (acquisition fee) + $699 (doc fee) = $48781.15
Adjusted Cap Cost: $46941.15