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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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