Quote:
Originally Posted by eleven11
Base residual is currently (July 2013) 50% for 10,000 miles/year, 52% for 12k, and 53% for 15k. With your money factor, are you accounting for the MSDs? If not, you can get better. Base rate is 0.00127. Take away .00049 from the 7 security deposits and you arrive at a nadir of 0.00078.
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I did not account for the MSDs. I didn't know they could bring the MF down.
Do the MSDs count towards the lease payments? As in, they are not extra money I have to put up on top of the lease? If I were to pay the entire lease up front, could I have 7 MSDs in that? I don't know if BMW will finance a corporate car.
Has the residual value gone up at all in the past? Do you think it will be any higher by xmas for a 2014 model?
Thanks for the info!