Need help with BMW Money factor on loaners!

Ask the Hackrs RV/MF
1

2018
BMW 330xi and 430xi
36/12

How do I calculate adjusted money factor for bmw loaners under 5k miles?? Is it still base MF for bmw’s under 5k?

Thank you

2

Yes, base MF is .00166, regardless of being new or a loaner.

3

Thank you very much for the quick response.

4

mf is the same but rv gets adjusted for miles. i don’t remember the exact formula

5

36/12 for 330i is 60% residual this month.
lets say loaner has 3000 miles…
MSRP is $50000.
what you do is $50000x60% = $30000
since it’s loaner… (3000 miles - 500 miles) x $0.25(per mile) = $625
$30000-$625 = $29375 <----- that’s your adjusted residual for this loaner… $29375/$50000 = 0.5875 = 58.75%

1 Like
6

thanks everyone. I had a feeling I was mixing up the 2 of them