Quote:
Originally Posted by Jed Peters
Here's my deal:
$58375 MSRP
$52375 negotiated cap cost + $725 bank ACQ fee+ $55 documentation fee = $53155
$2500 cap reduction rebate from BMW + $515 Cap reduction from you= $3015 cap reduction
net cap cost=$50140
Residual $31076 (53%)--there is 7800 miles on the car.
2009 Base Money factor: .0025
800 bucks/month
Edit:
In all fairness, the dealer is also giving me KBB RETAIL value on my trade (3k more than KBB trade-in), and is delivering/prep/picking up my car--and everything is being done via fedex....
I guess you pay for convenience sometimes?
|
Are you putting money down on the lease by trading in your existing car?. Is he taking the car in lieu of monthly payments or is he lowering the price of the X? If he's lowering the price of the X, you're getting screwed.
__________________
You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist.
|