Low Mileage Lease Special on a brand new 2018 BMW 740i
MSRP: $91,115.00
Selling Price: $77,055.75
Rebates: Nada
Months: 36
Annual Mileage: 7,500
MF: .00152
Residual: 56%
Total Due At Signing: $5,000
Monthly Payment: $854 plus tax
Security Deposit Accepted?: Nope
What’s the RV and payment for 15k miles and how many miles on it currently?
It drops to 52% residual value and the payment goes up to $964 plus tax. This is a brand new 2018 so it only has a few miles on it. It is not, I repeat, not a demo.
What is in the 5k at signing?
$2,188.01 Cap Reduction
$80.00 Doc fee
$925.00 Acquisition fee
$623.00 DMV
$247.46 Upfront tax
$936.53 First payment (assuming 7.75% tax rate)