Quote:
Originally Posted by rocky
i ordered my M5 in the third week of october with a residual of 61% at 10k miles. i was sweating bullets when i found out the residual dropped for November. thankfully since my order went through in October my SA advised i was not subject to the monthly payment increase resultant from the residual drop. my m5 completed production on the 31st of october and is waiting for loading onto the ship. I will also hopefully get the holiday credit of $2,000 to be applied to the contract price so the payments per month on this lease will be dropped by an additional $55.00 for 36 months.
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Just make sure your CA does not play with MF instead!
ie changing the MF from 0.0013 to 0.0016 for a 100K car with 61% residual after tax (8%) is about $52 per month. Based on current APR (3.12%) your MF must be 0.0013
