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. ***
Current: 2013 Monte Carlo Blue F10 M5 (ED on 9/1/12)
Previous: 2009 Carbon Black E60 M5, 2006 Silverstone II E60 M5, 2003 Sterling Grey E39 M5, 2000 Anthracite E39 540i6, 1998 Jeep Grand Cherokee 5.9 Limited, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7