Hello all -
I was hoping for some help on the below. Monthly payment seems a bit high… 2,800 miles currently on the car.
sales tax 1,346.05 registered in CT
3,000 down from you
rebates: 3,000 from BMW (shows as money down not off the sale price)
Money Factor - .00188
license reg fee: 275
inspec fee: 10
doc processing fee: 75
tire waste fee: 10
3 year 12,000 miles per year $419/month
Please let me know the best way to work these numbers down lower.
Not good… please read through similar posts as there are a ton of recent ones about 3-series loaner leases.
- We need more information like money factor, residual, etc.
- You should be around 20% discount off MSRP or more BEFORE any manufacturer rebates for a’18 loaner.
- Never put money down besides for potentially some of the fees.
Any idea what the money factor is? It’s just over 12% on the discount, not very good for a loaner. Shoot for 20% plus
That is base MF, so that’s a plus. Your money down is better spent on MSDs. And, as others have said, shoot for 20% off.