I am currently looking forward to leasing a BMW 330i - Xdrive. I tried negotiating with the dealer to lower the monthly payment to $490 from $509.
After leaving the dealership, I figured out MF is 0.00133 which is marked up all the way through, and with MSDs it was lowered to 0.00105.
I’m going to negotiate on that. (i.e. MF = 0.00093 without MSDs and 0.00065 with MSDs)
Other than that, Do you see any other red flags in the quote? This is my first time leasing experience and after going through lease hacker blogs still I think I am missing something. I’d appreciate any help.
Note: Also, tried reaching out to a few brokers around but no luck in getting a response.