Downtown Chicago, IL
2021 Brand New BMW M550i Black on Black
Money Factor: 0.00040
36 Months Lease 10,000 miles/year
Traditional Lease: $1,096.75 / Month with $1,817.75 payment out the door
(Already includes 3 oil changes) and they are going to write me a check of $652 for the last month payment of my Audi Lease
Balloon Purchase: $1,229.06 / Month with $0 payment out the door
Reason why they ran numbers for both lease and balloon is because I live in Chicago, and I pay taxes twice for traditional lease. But it appears that the traditional lease number came out “better” compared to Balloon Purchase
I think the MF is like the lowest I’ve ever seen so far, but I still think there’s room for improvement in terms of monthly payment.
I would like to ideally get it down to as low as $800-$900 per month with $1,500 out the door payment.
Do you guys think I’m being realistic or am I smoking something?
Also, given that I live in Chicago with bad weather, do you think it’s worth it to purchase the tire & wheel insurance?
Thanks guys in advance