Quote:
Originally Posted by jamoka3
I replied with your help and information and this is the response I got... 
"I'm giving you over $11,000 discount,
Residual is .52%
Money factor is .00152
You have to add taxes, bank fee, doc fee, DMV.
As you can see I'm giving you a great deal."
-Open Road BMW. |
I would love an explanation of why residual is only 52% for a 36 mo/10k per year lease when new 2017s have the residuals at 57% on the same lease terms. I can see a 1 point residual difference for adding on 3,200 miles, but 5 points is crazy. In that case it would make more sense to do a 36 month/12k per year lease, which has a 56% residual and not have the extra miles added on. Not sure there is such an option though.
If they start moving in the right direction and are close, ask them for a full breakdown, including all fees involved, and post back here. If they won't budge, I would not waste any more time and just walk away. If they want to make the sale, they will call you back in a couple of days.
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Current: 2019 640i GT, 2019 MX-5 GT-S, 2015 X1 xDrive35i
Gone, but not forgotten: 2017 m240i, 2016 GTI PP, 2013 Camaro SS, 2009 G8 GXP, 2008 G8 GT, 2007 335i, 2003 530i