Quote:
Originally Posted by Anthonysmithjr
Hey guys first time poster (and bmw owner) and wanted to get your opinion on this lease deal. It seems pretty bad to me but maybe is the best I can do:
MSRP: 65705
Sale price: 62500
Invoice: 61710
Rebate: 1000
Down payment: 3000
MF: 0.00215
Residual: 0.59
Acq fee: 925
Doc fee: 100
Total tax is 2490.94
Monthly payment is 889.50
I tried to haggle as best I could but salesman would not budge and states this is the absolute best offer he can provide. This is also my first time working on a lease deal. I forgot to mention that I qualify for the recent college grad discount so that would be another 1,000 off. But does this seem like a good deal? The MF seems really high (5.16%). However, this is the only other car in the lot. The other 2 have already been bought and this one has the precise color, interior that I wanted. It also drove like a beast. Any input from your experiences would be greatly appreciated. Thanks!
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Current mf is .00177 anything above that is bs markup
And don't pay more than invoice less incentives