Hey guys first post here, and pretty new to leasing trying not to get screwed here are the numbers. Is the money factor too high? Should I learn harder on the MSRP? It is a desirable color combo (white on tan). Wife really wanted that new Volvo XC40 but the lease prices were insanity (like $550/mo with $2k down on a $42k truck). Sales person told me that Costco cannot be combined with Corporate discount.
2018 BMW X1 Loaner, 4071 miles
MSRP $40,895
Selling Price $33,522.39 (18.03%)
Acquisition 925
Doc fee 75
Cap taxes 1392.42 (NY)
Gross Cap 34,447.39
Rebate 2000 (Corporate + Loyalty)
Net Cap 33,839.81
Residual .58 (12k miles)
Adjusted Residual 22,826.35
Rate/Money Factor .00166
Monthly payment $400 with $500 out of pocket ($400 first month + $75 fee + inspection/registration)
Screen shot from dealers computer
