Quote:
Originally Posted by radelow
So the dealership and I have been going back and forth and finally came to the following deal. I have not accepted but wanted your guys thoughts...
2011 X5 35D
Colors still to be selected (we are ordering)
-Cold Weather Package
-Sport Activity Package
-Premium Sound Package
-Rear Climate Package
-Technology Package
-Multi Contour Seats
-Smartphone Integration
-iPod & USB Adapter
-Comfort Access
-20" Rims
-Roof Rails
-Running Boards
MSRP $68,075
Agreed to price $64,050 less $3500 ECO Credit so $60,550 (so basically $1500 over invoice plus ECO Credit)
15,000 m/yr lease
Residual - 53%
Money Factor - .002 bought down to .00151 (3.6%) with 7 security deposits (all refundable)
$925 acquisition
+ Misc
Works out to a lease rate of ~$940.00. NO DOWN PAYMENTS. Thoughts?
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If you have money to do a down payment, i'd say at least put something down, it'll reduce your monthly payment...and we all know about time value of money