Quote:
Originally Posted by cmhsam
We have to wait to hear about the MF. If they offer an aggressive MF better than what we expect then it's just a matter of moving the money from the MF to the Residual and vice versa. I have to assume with rates being so low, that they will offer aggressive lease rates as well
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Nope, it still sucks. I just talked to my salesman. As I feared, with that low of a residual there was no way they could drop the money factor enough to get the estimated payment even close to what I thought it was going to be. For a 3 year, 12,000 mile/year lease the residual is 50%. The money factor is .00145. Based on these numbers my payments are almost $100 a month more than I had expected versus the 56% and .002 my salesman had estimated. As a point of reference the residual on my 2009 M5 is 57%.
As a side note, my salesman is shocked at the latest rate sheet. As I was talking to him he was amazed at how they cut residuals across the board on most/all models. It doesn't speak well to BMW's confidence in the long-term value of their product.
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Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
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