MSRP: $50,520
Selling Price: $45,000
Rebates: $3,000 Lease Credit + $1,5000 Loyalty
Cap Cost: $40,500
Months: 36
Annual Mileage: 10,000
Residual: $30,817
MF: .000152
Residual: 61%
Total Due At Signing: $1,333
Monthly Payment (incl. tax): $441
New to this, but I think I am understanding more. From what I’ve gathered I should aim for 10% off MSRP before incentives, so should these numbers work?
I currently lease a BMW, should below average credit affect MF in this case or is that solely to the dealers discretion?
Any help is appreciated!