Originally Posted by MSportDC
Purchase price: $104175 plus 6% sales tax ($6262.50)
Registration and doc. fees: ~$550
Net cap reduction: $2200
BMW Loyalty credit: $750
36 mos. / 15k
Monthly payment: $1829.09
Still seems a bit high compared to what everyone else is posting here... could it be the market is driving the higher money factor because of my area? (Washington D.C. metropolitan)
If I understood you correctly, by my calculation your lease payment should be about $100 less ($1,734) using the BMW FS base lease MF of .00145. At $1,830, it would appear they are marking up the MF to about .00205.
I had some time to kill at the airport this morning, so take a look at the attached pdf and see if I entered in all of the information you provided correctly.
*** NOTE: I caught a bad cell reference in my sheet (cap cost reduction decreasing the taxable amount) after I posted it and the system will not let me replace it with the corrected sheet or add a follow-up post with the new spreadsheet (not sure why admins???). The net change with the correction increases the payment in each scenario by about $4. ***
Ordered: 2016 Silverstone F10 M5
Current: 2013 Monte Carlo Blue F10 M5 (ED on 9/1/12), 2014 Anvil WW Jeep Wrangler
Previous: 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7