I have been told by dealers, loaner cannot go with the base MF. for example, the base MF is 0.00151 for 36m/10k lease, base is only for new car lease, but if it is loaner, MF will be 0.0018. and no MSD is allowed for BMW today.
is this true?
I have been told by dealers, loaner cannot go with the base MF. for example, the base MF is 0.00151 for 36m/10k lease, base is only for new car lease, but if it is loaner, MF will be 0.0018. and no MSD is allowed for BMW today.
is this true?
Unless something has changed recently, no that is not correct. The only difference with loaners is the residual will be lower since it has miles on it already.
only if the unit has over 5k miles, if not, it would just be dollar amt adjustment and no residual % penalty.
No msds are allowed since May.
that dealer about MF is b**it. there is buy and sell rate, and anything they offer in between is their extra profit.
and no MSD since earlier this year.
to be more specific,
5000~7500miles, penalty is -4%;
7500~10000miles, penalty is -6%;
1 mile = 25cents, above 500miles.