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Originally Posted by bell407
Just a short question about leasing in the USA.
I followed up the link to bimmerfest and was wondering about the base rates (0,00275 of MSRP). That would mean you pay around 200$ per month for a 4.8i X5 ?? Is that including down payment requirements ?
For example a 4.8i for about 110.000 USD (that is the price in Germany)
will go for 2200 USD per month with no down payment in leasing and the interest quote for financing is 8% per year !!!!
If the 200 bucks per month are correct, I will move to the states
thats great all about !!!
So long
Christian
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Not quite.....here are the formulas that were listed at the bottom of the bimmerfest post:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Money Factor = Interest
Depreciation + Interest = Base Monthly Payment
36 Month – Residual 58% of MSRP – .00275 Base Rate
So assuming a price of $80000 for a 4.8i and you don't pay any down payment the monthly payments would be about $1280 plus tax.