Hey hackers, new user here, first and foremost congrats on the site and the forum, incredible resource.
I’m negotiating a lease on a 2019 X1 s28i (loaner with 5175 miles) and got the following:
**Selling Price: $31,491.00
**Monthly Payment: $350
**Cash Due at Signing: $1,500
**Annual Mileage: 10,000
**MF: 0.0024 (5.75% APR equiv. )
**Leasehackr Score: 8.3x
Other helpful info: I’m in Texas so the purchase will be done through Owners Choice due to the issue with the double sales taxation. My current credit score is 628 so that explains the awful MF (should I fight for a better one or just be glad they even approved me?).
What are your thoughts on this deal?
Another question: dealer is offering PermaPlate interior + exterior warranty for $499 (equiv. $15 a month), I have a dog so I’m inclined on buying it but wanted to know general thoughts on it.