Hi, all. BMW question here - is there a cap as to the mileage allowed to be able to lease a loaner/demo from the dealer? Taking into account aggressive discounts it may be attractive but unsure what level of residual hit is realized based on mileage ranges. ie, am I better off just leasing a new one and concentrating on getting to the 1% rule?
I think think there is a cap, but demos with over 5k miles get hit with lower RVs plus the mileage charge, so those would probably lease worse than a new unit.
I was searching here - apologies - and it looks like a 4% hit on the RV up to 5k as you said then an additional 2% up to 10k? Also, how do you factor in the mileage charge? edit: also, does anyone know if you can still use your corporate fleet discount on a demo/loaner?
I believe it’s .25 cents per mile (first 500 miles is not charged).