2018 BMW X1 Lease Deals and Prices

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  • ssm7999ssm7999 Member Posts: 8
    Michaell said:

    ssm7999 said:

    I got this quote for a loaner BMW X1 in TX
    msrp: 37150
    sale price: 30650
    tax+fees: 2350
    monthly payment with $1000 down : $424
    mileage on the vehicle is 3600
    Is this a reasonable quote?
    Thanks!

    Is that all tax and fees? Any tax credits in play?
    What lease term and how many miles per year?
    Sorry for the incomplete info
    Lease term is 36 months, 10k miles per year
    Tax and fee breakdown is as follows:
    Doc fee: 150, Tax 1920, Non-Tax fees: 280
    No tax credits

    -Thanks
  • kyfdxkyfdx Moderator Posts: 200,771
    ssm7999 said:

    Michaell said:

    ssm7999 said:

    I got this quote for a loaner BMW X1 in TX
    msrp: 37150
    sale price: 30650
    tax+fees: 2350
    monthly payment with $1000 down : $424
    mileage on the vehicle is 3600
    Is this a reasonable quote?
    Thanks!

    Is that all tax and fees? Any tax credits in play?
    What lease term and how many miles per year?
    Sorry for the incomplete info
    Lease term is 36 months, 10k miles per year
    Tax and fee breakdown is as follows:
    Doc fee: 150, Tax 1920, Non-Tax fees: 280
    No tax credits

    -Thanks
    .00156 MF and 59% residual, less $900 for mileage
    $1500 lease credit.

    If I add tax and $925 acquisition fee, I get $432/mo.
    That's assuming your $1000 covers first payment and DMV/doc fees

    That's pretty close.

    Considering the high taxes in Texas, this is a pretty decent deal.

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  • itsissa0itsissa0 Member Posts: 15
    edited March 2018
    Question about the acquisition fee. When you lease, do you pay the full $925 even though you're only using the car for 3 years of its life?

    One dealer said they charging me the full amount in the beginning (as part of the drive off). And another dealer said that I would only pay the residual percentage of $925. I'm not sure if they're confusing that with destination charge.

    So the residual was 59%--I own the car for 41% of it's life. Therefore, would I pay (925 x .41) = $379? Or do I have to pay the full amount $925?

    Lastly, do you recommend rolling this acquisition fee into the monthly payment? Or paying it upfront?
  • MichaellMichaell ColoradoModerator Posts: 196,318
    itsissa0 said:

    Question about the acquisition fee. When you lease, do you pay the full $925 even though you're only using the car for 3 years of its life?

    One dealer said they charging me the full amount in the beginning (as part of the drive off). And another dealer said that I would only pay the residual percentage of $925. I'm not sure if they're confusing that with destination charge.

    So the residual was 59%--I own the car for 41% of it's life. Therefore, would I pay (925 x .41) = $379? Or do I have to pay the full amount $925?

    Lastly, do you recommend rolling this acquisition fee into the monthly payment? Or paying it upfront?

    You pay 100% of the acquisition fee; it's imposed by the bank.

    We recommend you roll it into the monthly payment.

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  • ashleybrookeashleybrooke Member Posts: 38
    My first look into a BMW. Can I please get MF, RV, incentives for x1 sDrive28i FWD 12/36 premium tier (conv and premium pkgs). Thanks
  • MichaellMichaell ColoradoModerator Posts: 196,318

    My first look into a BMW. Can I please get MF, RV, incentives for x1 sDrive28i FWD 12/36 premium tier (conv and premium pkgs). Thanks

    .00156 and 58%
    $1500 lease credit
    $1000 lease loyalty

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  • ashleybrookeashleybrooke Member Posts: 38
    Is "lease loyalty" for current BMW owners?
  • MichaellMichaell ColoradoModerator Posts: 196,318

    Is "lease loyalty" for current BMW owners?

    Yes

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  • tdunham02tdunham02 Member Posts: 31
    Looking to get an opinion on this deal:

    2018 X1 Retired Loaner w/ 4,300 Miles (36m / 10k miles - Chicagoland Area - 7% Tax)
    - MSRP: $46,005
    - Selling Price: $38,644.20 (~16% discount)
    - $1000 BMW Incentive (applied as Cap Cost Reduction)
    - Base MF (0.001560)
    - $451/m Payment
    - First Month + Fees Out of Pocket ($400 fees + $451 first payment)

    Thanks!

  • kyfdxkyfdx Moderator Posts: 200,771
    tdunham02 said:

    Looking to get an opinion on this deal:

    2018 X1 Retired Loaner w/ 4,300 Miles (36m / 10k miles - Chicagoland Area - 7% Tax)
    - MSRP: $46,005
    - Selling Price: $38,644.20 (~16% discount)
    - $1000 BMW Incentive (applied as Cap Cost Reduction)
    - Base MF (0.001560)
    - $451/m Payment
    - First Month + Fees Out of Pocket ($400 fees + $451 first payment)

    Thanks!

    I get $421/mo+tax, which looks pretty close
    But, I don't see the $925 acquisition fee?

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  • tdunham02tdunham02 Member Posts: 31
    edited April 2018
    kyfdx said:

    tdunham02 said:

    Looking to get an opinion on this deal:

    2018 X1 Retired Loaner w/ 4,300 Miles (36m / 10k miles - Chicagoland Area - 7% Tax)
    - MSRP: $46,005
    - Selling Price: $38,644.20 (~16% discount)
    - $1000 BMW Incentive (applied as Cap Cost Reduction)
    - Base MF (0.001560)
    - $451/m Payment
    - First Month + Fees Out of Pocket ($400 fees + $451 first payment)

    Thanks!

    I get $421/mo+tax, which looks pretty close
    But, I don't see the $925 acquisition fee?
    Oh whoops, that's additional and added to "Selling Price" -- I think that's how our numbers are different.
  • asp1977asp1977 Member Posts: 7
    Can you give me the MF&RV for Alabama please. 
  • MichaellMichaell ColoradoModerator Posts: 196,318
    asp1977 said:

    Can you give me the MF&RV for Alabama please. 

    36/15
    .00156 and 56%
    $1500 lease credit
    $1000 lease loyalty

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  • willskillwillskill Member Posts: 4
    Can I have the MF/RV for NJ please. Thank you
  • MichaellMichaell ColoradoModerator Posts: 196,318
    willskill said:

    Can I have the MF/RV for NJ please. Thank you

    36/15
    .00156 and 56%
    $1500 lease credit
    $1000 lease loyalty

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  • willskillwillskill Member Posts: 4
    Hi, can I get an opinion on this lease deal?

    2018 BMW X1 xDrive28i
    MSRP 41,795 (14% off msrp)
    sales price 35,889
    36/10
    $1500 lease credit and $1000 loyalty credit should be applicable

    I'm from NJ.

    I haven't tried negotiating the sales price yet, what should I aim for?
  • MichaellMichaell ColoradoModerator Posts: 196,318
    willskill said:

    Hi, can I get an opinion on this lease deal?

    2018 BMW X1 xDrive28i
    MSRP 41,795 (14% off msrp)
    sales price 35,889
    36/10
    $1500 lease credit and $1000 loyalty credit should be applicable

    I'm from NJ.

    I haven't tried negotiating the sales price yet, what should I aim for?

    My guess is that the incentives are already baked into your selling price.

    Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

    What payment has the dealer quoted you, if any?

    .00156 and 59%

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  • willskillwillskill Member Posts: 4
    Michaell said:

    willskill said:

    Hi, can I get an opinion on this lease deal?

    2018 BMW X1 xDrive28i
    MSRP 41,795 (14% off msrp)
    sales price 35,889
    36/10
    $1500 lease credit and $1000 loyalty credit should be applicable

    I'm from NJ.

    I haven't tried negotiating the sales price yet, what should I aim for?

    My guess is that the incentives are already baked into your selling price.

    Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

    What payment has the dealer quoted you, if any?

    .00156 and 59%
    I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
    This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email
  • MichaellMichaell ColoradoModerator Posts: 196,318
    willskill said:

    Michaell said:

    willskill said:

    Hi, can I get an opinion on this lease deal?

    2018 BMW X1 xDrive28i
    MSRP 41,795 (14% off msrp)
    sales price 35,889
    36/10
    $1500 lease credit and $1000 loyalty credit should be applicable

    I'm from NJ.

    I haven't tried negotiating the sales price yet, what should I aim for?

    My guess is that the incentives are already baked into your selling price.

    Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

    What payment has the dealer quoted you, if any?

    .00156 and 59%
    I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
    This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email
    Ah, well that changes everything.

    For a demo vehicle, you want to target 12-15% off MSRP.

    But, you'll have to adjust the residual down .25/mile, or $1175.

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  • confusedmaconfusedma Member Posts: 6
    What's the money factor and residual for X1 AWD for 36/10 in MA?
  • MichaellMichaell ColoradoModerator Posts: 196,318

    What's the money factor and residual for X1 AWD for 36/10 in MA?

    .00156 and 59%

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  • willskillwillskill Member Posts: 4
    Michaell said:

    willskill said:

    Michaell said:

    willskill said:

    Hi, can I get an opinion on this lease deal?

    2018 BMW X1 xDrive28i
    MSRP 41,795 (14% off msrp)
    sales price 35,889
    36/10
    $1500 lease credit and $1000 loyalty credit should be applicable

    I'm from NJ.

    I haven't tried negotiating the sales price yet, what should I aim for?

    My guess is that the incentives are already baked into your selling price.

    Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

    What payment has the dealer quoted you, if any?

    .00156 and 59%
    I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
    This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email
    Ah, well that changes everything.

    For a demo vehicle, you want to target 12-15% off MSRP.

    But, you'll have to adjust the residual down .25/mile, or $1175.
    so whats the residual for demo vehicles in NJ 36/10?
  • MichaellMichaell ColoradoModerator Posts: 196,318
    willskill said:

    Michaell said:

    willskill said:

    Michaell said:

    willskill said:

    Hi, can I get an opinion on this lease deal?

    2018 BMW X1 xDrive28i
    MSRP 41,795 (14% off msrp)
    sales price 35,889
    36/10
    $1500 lease credit and $1000 loyalty credit should be applicable

    I'm from NJ.

    I haven't tried negotiating the sales price yet, what should I aim for?

    My guess is that the incentives are already baked into your selling price.

    Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

    What payment has the dealer quoted you, if any?

    .00156 and 59%
    I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
    This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email
    Ah, well that changes everything.

    For a demo vehicle, you want to target 12-15% off MSRP.

    But, you'll have to adjust the residual down .25/mile, or $1175.
    so whats the residual for demo vehicles in NJ 36/10?
    59% of MSRP, less $1175 for the demo miles.

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  • agds007agds007 Member Posts: 3
    I am not new to leasing, but am new to attempting to negotiate my next lease... my current lease a good friend of mine handled the numbers (he's no longer around and my lease matures in 90 days). I am currently in a 428ix grand coupe, about 2000 miles over my mileage. I am looking to get into a 2018 X1. I want to attempt to handle the negotiations via email... could anyone that has done this before give me a template for an email they would send? I already test drove the car, would like to buy by the end of this month, and my options are flexible. ANY advice will certainly be helpful.
  • anh3anh3 Member Posts: 73
    edited April 2018
    2018 X1 xdrvie, 36 mos, 15k miles/yr, zip 68503.

    so far one dealer is willing to do 11% off MSRP before rebates and incentives, I haven't asked for specific quote yet, will update here when they come...
  • MichaellMichaell ColoradoModerator Posts: 196,318
    anh3 said:

    2018 X1 xdrvie, 36 mos, 15k miles/yr, zip 68503.

    so far one dealer is willing to do 11% off MSRP before rebates and incentives, I haven't asked for specific quote yet, will update here when they come...

    .00156 and 56%

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  • anh3anh3 Member Posts: 73
    edited April 2018
    can anyone confirm what this is (in bold below)? Looks like a credit that can be use on a lease, in addition to the the current $1000 credit and $1000 loyalty?

    xDrive28i 4dr SUV
    (2.0L 4-cyl. Turbo AWD 8-speed Automatic)

    68503
    Update Results for
    Lincoln, NE
    $ OfferAvailableHide details
    Lease Bonus $ Offer

    Requirements and Restrictions:

    Retail Select APR Credit can be used in conjunction with vehicles that utilize Retail or Select financing through BMW FS.
    Customer $ Offer Start End
    $3,000 Lease Bonus Cash 04/03/2018 04/30/2018
  • MichaellMichaell ColoradoModerator Posts: 196,318
    anh3 said:

    can anyone confirm what this is (in bold below)? Looks like a credit that can be use on a lease, in addition to the the current $1000 credit and $1000 loyalty?

    xDrive28i 4dr SUV
    (2.0L 4-cyl. Turbo AWD 8-speed Automatic)

    68503
    Update Results for
    Lincoln, NE
    $ OfferAvailableHide details
    Lease Bonus $ Offer

    Requirements and Restrictions:

    Retail Select APR Credit can be used in conjunction with vehicles that utilize Retail or Select financing through BMW FS.
    Customer $ Offer Start End
    $3,000 Lease Bonus Cash 04/03/2018 04/30/2018

    I only see $1500 lease credit on the X1.

    Could be some regional differences, however.

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  • anh3anh3 Member Posts: 73
    agds007 said:

    I am not new to leasing, but am new to attempting to negotiate my next lease... my current lease a good friend of mine handled the numbers (he's no longer around and my lease matures in 90 days). I am currently in a 428ix grand coupe, about 2000 miles over my mileage. I am looking to get into a 2018 X1. I want to attempt to handle the negotiations via email... could anyone that has done this before give me a template for an email they would send? I already test drove the car, would like to buy by the end of this month, and my options are flexible. ANY advice will certainly be helpful.

    what I've done:

    36 mos lease, $0 down/$0 drive off, 15k miles/yr. Please include selling price.....
    Michaell said:

    anh3 said:

    can anyone confirm what this is (in bold below)? Looks like a credit that can be use on a lease, in addition to the the current $1000 credit and $1000 loyalty?

    xDrive28i 4dr SUV
    (2.0L 4-cyl. Turbo AWD 8-speed Automatic)

    68503
    Update Results for
    Lincoln, NE
    $ OfferAvailableHide details
    Lease Bonus $ Offer

    Requirements and Restrictions:

    Retail Select APR Credit can be used in conjunction with vehicles that utilize Retail or Select financing through BMW FS.
    Customer $ Offer Start End
    $3,000 Lease Bonus Cash 04/03/2018 04/30/2018

    I only see $1500 lease credit on the X1.

    Could be some regional differences, however.
    sure is, tried a different zip and that $3000 didn't come up, better get rolling then!

    thanks
  • confusedmaconfusedma Member Posts: 6
    Hi everyone, 
    Is this lease a good deal:
    MSRP:$42545
    Selling Price: 36000
    College grad incentive:1000
    Acquisition Fee:$925
    Other fee: $845 (doc fee, title, theft averse)
    Monthly payment:$405 (including taxes)
    Drive off =$1250 (405+845)
    This is for an X1/w brasil with navigation, convenience package and park distance control for 36/10
  • kyfdxkyfdx Moderator Posts: 200,771

    Hi everyone, 
    Is this lease a good deal:
    MSRP:$42545
    Selling Price: 36000
    College grad incentive:1000
    Acquisition Fee:$925
    Other fee: $845 (doc fee, title, theft averse)
    Monthly payment:$405 (including taxes)
    Drive off =$1250 (405+845)
    This is for an X1/w brasil with navigation, convenience package and park distance control for 36/10

    .00156 MF and 59% residual
    $1500 lease credit.

    I get $396/mo.+tax with those numbers
    What state?
    Sales tax rate?

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  • confusedmaconfusedma Member Posts: 6
    Massachusetts
  • kyfdxkyfdx Moderator Posts: 200,771

    Massachusetts

    Your deal is better than what the numbers would suggest.
    If you had the adjusted CAP cost, we could nail it down.

    But, that's a very favorable lease deal, either way.

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  • confusedmaconfusedma Member Posts: 6
    Thanks Kyfdx, I was just wondering about the lease pricing in itself. The numbers did make sense to me. Anyway, thanks a lot for your help :)
  • tminatmina Member Posts: 11
    April MF and Residual for 36mo/10k and 36mo/12k miles in Austin, TX? Any incentives?
  • MichaellMichaell ColoradoModerator Posts: 196,318
    tmina said:

    April MF and Residual for 36mo/10k and 36mo/12k miles in Austin, TX? Any incentives?

    .00156 and 59% / 58%
    $1500 lease credit

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  • onethatwobblesonethatwobbles Member Posts: 4
    Hi!

    April MF and Residual for 36mo/10k and 36mo/12k in Portland, OR (97229). xDrive please. And incentives? We are turning in a 2014 X1 lease.
  • MichaellMichaell ColoradoModerator Posts: 196,318

    Hi!

    April MF and Residual for 36mo/10k and 36mo/12k in Portland, OR (97229). xDrive please. And incentives? We are turning in a 2014 X1 lease.

    .00156 and 59% / 58%
    $1500 lease credit

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  • tminatmina Member Posts: 11
    Sorry one more time, I might be moving at before the month...

    April MF and Residual for 36mo/10k and 36mo/12k miles in Orlando, FL? Any incentives?

    Thanks again!
  • MichaellMichaell ColoradoModerator Posts: 196,318
    tmina said:

    Sorry one more time, I might be moving at before the month...

    April MF and Residual for 36mo/10k and 36mo/12k miles in Orlando, FL? Any incentives?

    Thanks again!

    BMW numbers are national.

    .00156 and 59% / 58%
    $1500 lease credit

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  • agds007agds007 Member Posts: 3
    edited April 2018
    Is this a good deal?

    MSRP: $42,545
    Selling: $38,455
    Incentives: $1500
    Acquisition Fee: $925
    Other fees: Doc & title $485
    Monthly Payment: $515
    Drive off: Monthly payment and other fees $1000

    This is on 36/12000 miles.

    Something seems off... I am yet to negotiate selling. This is just dealer offering. I am returning my 428 lease (I am over 1000 miles on current lease)

    State NJ
  • MichaellMichaell ColoradoModerator Posts: 196,318
    agds007 said:

    Is this a good deal?

    MSRP: $42,545
    Selling: $38,455
    Incentives: $1500
    Acquisition Fee: $925
    Other fees: Doc & title $485
    Monthly Payment: $515
    Drive off: Monthly payment and other fees $1000

    This is on 36/12000 miles.

    Something seems off... I am yet to negotiate selling. This is just dealer offering. I am returning my 428 lease (I am over 1000 miles on current lease)

    State NJ

    .00156 and 58%

    The cap cost would have to be around $39,700 to get that payment.

    Selling price less incentive: $36,955 + $925 + $485 + $1300 (estimated taxes) = $39,655

    Pretty close, if you ask me.

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  • agds007agds007 Member Posts: 3
    Ok, here's the update:

    MSRP: 42,545
    Selling price (38,455) minus incentive (3000) = 35,455

    DEALER SAID:

    'Monthly payments will drop to $485 a month with total due at sign $2124.45

    First month - $485
    Reg - $310.50
    Documentary fee - $403.95
    Bankers fee or acquisition - $925

    And I’m paying the 2 last payments for you

    If you pay taxes upfront and I take care of doc fee. Total due would be $3001.77 and payments are $455.

    Or you come up with $1800 total and payments are $490'


    SHOULD I PAY TAXES UP FRONT? Do I have a good deal?

    again 12k/36 months. I am in NJ

    She will do away with doc fee if we pay tax up front. Tax is $1,318.17.

    Thank you so much!
  • MichaellMichaell ColoradoModerator Posts: 196,318
    agds007 said:

    Ok, here's the update:

    MSRP: 42,545
    Selling price (38,455) minus incentive (3000) = 35,455

    DEALER SAID:

    'Monthly payments will drop to $485 a month with total due at sign $2124.45

    First month - $485
    Reg - $310.50
    Documentary fee - $403.95
    Bankers fee or acquisition - $925

    And I’m paying the 2 last payments for you

    If you pay taxes upfront and I take care of doc fee. Total due would be $3001.77 and payments are $455.

    Or you come up with $1800 total and payments are $490'


    SHOULD I PAY TAXES UP FRONT? Do I have a good deal?

    again 12k/36 months. I am in NJ

    She will do away with doc fee if we pay tax up front. Tax is $1,318.17.

    Thank you so much!

    We recommend adding the taxes into the monthly payment. If the car is stolen or totaled during the lease, you won't get a refund of the pre-paid taxes that you didn't use.

    The only up front costs you should pay are the first payment and registration costs. You'll have a higher payment, but you won't be risking the money in case something awful happens to the car.

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  • mtehonicamtehonica Member Posts: 7
    Can I get the RV and MF for 2018 BMW X1 FWD (Premium Tier) for ZIP 28079?

    Thanks!
  • charliec4charliec4 Member Posts: 8
    Hey friends! 

    Got this quote on a loaner 2018 X1 xDrive with 4500 miles on it currently in Ohio. 

    MSRP 42385
    Selling price 37050
    Quoted residual value 25007
    $1000 payment due at signing 
    36 mo / 10k miles 
    MF 0.0186 (and my credit score is top tier 800+) 
    Payment is $451 a month 

    I feel like it’s a little high especially for my FICO, or am I wrong?
  • kyfdxkyfdx Moderator Posts: 200,771
    mtehonica said:

    Can I get the RV and MF for 2018 BMW X1 FWD (Premium Tier) for ZIP 28079?

    Thanks!

    36/15
    .00156 MF and 56% residual
    $1000 lease credit

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  • kyfdxkyfdx Moderator Posts: 200,771
    charliec4 said:

    Hey friends! 

    Got this quote on a loaner 2018 X1 xDrive with 4500 miles on it currently in Ohio. 

    MSRP 42385
    Selling price 37050
    Quoted residual value 25007
    $1000 payment due at signing 
    36 mo / 10k miles 
    MF 0.0186 (and my credit score is top tier 800+) 
    Payment is $451 a month 

    I feel like it’s a little high especially for my FICO, or am I wrong?

    .00156 MF and 59% residual, less $1125 for the mileage
    $1000 lease credit
    The residual amount given is for a ZERO mile car.
    With the $1125 reduction, the residual is about 56.35%

    The money factor is marked up for extra profit. Nothing to do with your credit score.

    With only $1000 due at signing, I get a higher payment than what they've quoted.

    That looks like a pretty good deal.
    I'd like to know the adjusted CAP cost, and what the actual residual amount is, considering it's a demo.

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  • charliec4charliec4 Member Posts: 8
    Thank you very much. They said the money factor was something they were locked into. Shoulder shrug. 
  • kyfdxkyfdx Moderator Posts: 200,771
    charliec4 said:

    Thank you very much. They said the money factor was something they were locked into. Shoulder shrug. 

    The markup adds about $20/mo. to the payment.
    Tell them you are locked into a payment about $20/mo. lower than their offer.. ;)

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