Better Than a Lease? A Non-captive Balloon Loan Primer

I’m at it again.

Vehicle:
Used 2021 BMW X7 M50i
Miles at purchase: 88,978
Options: Cold Weather, DAPP, Executive, Lux Seating, Merino Leather, Captain’s Chairs
Original MSRP: $108,845
MMR: $25,000
Winning Bid: $25,400
Purchase Price: $27,506 (with all auction/dealer/dmv fees, pre-tax)

Program:
24mo, 7500 miles per year, 5.74% APR, RV: $24,639 Fees: $145
$1500 DAS $270/mo OTD - 1st payment due 12/7
LH Calc:Leasehackr Calculator - Hack your next lease | Leasehackr

Taking a risk with a high mile hot-V engine, but service records are impeccable.

20 total BMW dealer inspections
18x Oil changes, 4x cabin filters, 4x wipers replaced
Upper radiator hose replaced
Radiator fan replaced
Radiator replaced
Coolant flushed (x2)
Transfer case fluid flushed (x2)
Driveshaft replaced
Brake fluid flushed (x2)
Windshield replaced (x2)
Ride height system repaired
Spark plugs replaced

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