2017 BMW 4 Series M Gran Coupe w/ Red Leather

Ask the Hackrs
1

Hi Guys,

I did a one pay lease on a demo unit $52k MSRP 2017 Bmw 4 series Grand Coupe with the M package. The vehicle had a little over 4,000 miles so I negotiated a $43,988 selling price with a $33,863.30 redial value (67%). In total with taxes, tag, and title I paid $10,725.39

Curious your thought on this deal?

Also, I had another question about the event of a total loss - I did a one pay lease for $10,725 yesterday and the selling price was $43,988k and the residual value is $33,963k. If i got in an accident tomorrow and the ACV was $40,000 what would happen to that $10,725 I paid for the lease upfront over 24 months and 10,000 miles.

2

Good or bad, don’t worry about it and just enjoy the car.

3

What is the term length and mileage? A 65% residual ($33k/$52k) on a demo unit suggests to me you are on a 24 month lease with 10k miles a year?

4

Yes thats correct 24/10 prepaid