How to find out the price of a PND with differnt mileage

Ask the Hackrs
1

Looking at a pre-negotiated deal. How do I find out what the payment will be with 12,000 per year instead of the quoted 7500? Do I do it myself in the calculator? Or reserve the deal, ask the broker, and move forward if reasonable?

If I plug in the miles to the calculator from 7500/year to 12,000/year it moves the residual by 2% for this vehicle (BMW iX). This seem reasonable?

2

Yes, you did it correctly. From 7500 to 10,000 is typically a 1% reduction from 10,000 to 12,000 would be another 1% decrease. Keep in mind RV is set by the lessor and isn’t a variable that can be changed.

1 Like