Hi all,
I live in the Boston MA area and would love to lease the above mentioned vehicle with the M Sports Package, some tech elements, winter package. TrueCar Estimate is $48,255 and places the msrp at $52,295.
Help figuring out the Resid and MF would be awesome.
Assuming you do not qualify for any fleet or loyalty discounts, try to shoot for this as your pre-tax monthly payment (not familiar with how MA tax is calculated/applied for leases):
I rolled in the $925 acq fee as part of your payment, but you could choose to pay that upfront at signing.
This would be a zero down deal (minimum drive off), so you would just pay first payment, registration and any MA taxes at the time of signing. If you decided to pay the $925 acq fee up front as well, then your monthly payment would drop by $27/month.
$45295 selling price is very aggressive and I doubt the OP can get it in MA. If OP lives in CA, yes, definitely doable and I know exactly dealership can get you that price without any drama. Truecar estimate of $48225 is actually pretty accurate. So figure $90 more on top of $476, $566/mon.
I’ve been investigating MSD’s as an approach to get a better deal. Is BMW offering those currently? From how it’s looking to me now, I’d probably max them out at 7 or whatever the max is currently.
The money spent on the deposits would come from my investment portfolio which averages 5% per annum, but it looks like I’d get a greater return on those dollars by sending them off to Germany for a few years in exchange for a lower MF.