Ok leasehackers, need some help here. I went in to a dealer today to work on a lease for a 2017 BMW 330i Wagon with 4,241 miles. Walked out with a quote for 12K per year/36 month lease for $2,154.95 up front, $446 per month. Seems extremely high given my research, anything blowing this number up other than the high selling price? Screenshot of the dealer worksheet is below.
Going to another dealer tomorrow to discuss a very similar car and would like to know where this one went bad. Thanks so much.
I think that looks decent (but I am not a pro) I think you are also getting an extra 1% on residual, pretty sure 12k miles is 60%. The money factor looks right it went up slightly in March I think to .00156 (from .00152)
Yes, NF went up slightly. Trying to recreate the sub $300 deals that some people got on this forum for very similar cars. Not sure if its just the selling price pushing it up or some other things.
Also up front seems very high. Is anything inflated?
THE ADVERTISED PRICE INCLUDES ALL BMW NA/F.S. INCENTIVES/REBATES. CURRENT BMW OWNERS GET AN ADDITIONAL LOYALTY CREDIT OF $1500 ON THIS VEHICLE WHEN FINANCED-LEASED W/ BMW F.S.
Ahhh, just checked the listing, MSRP is the $54K. So dealer inputed it wrong which lowered the residual so increased the difference between selling and residual. Fat fingered or deliberate?
Found an almost identical car at another dealer with an MSRP that is almost the same (few hundred dollar difference). Not sure if the listing is wrong.
