Quote:
Originally Posted by Liquid_Ice
Based on the August 2019 Washington DC numbers, it seems as though the numbers have gotten worse for August - not sure I am calculating this 100% right though.
https://www.bmwusa.com/special-offer...gtondcbmw.html
Now shows a $1000 loyalty and $1000 lease cash, a decrease of $1000 from last month.
Residual shows 61%, same as last month.
Money Factor - this is where I'm not sure I'm calculating it right -- it should be:
MF = Monthly Payment / (Cap Cost + Residual) * Lease Term
Using the numbers provided on their website, I get a MF of 0.000181 which is significantly higher than last month's 0.000145. I might be calculating that wrong.
Can someone else verify? At the very least, it appears loyalty cash was cut in half. If thats true, I am super glad I ordered and locked in my #s in July!
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I confirmed for August, no changes for the M340i at least. In the DC area, there is still $2000 loyalty and $1000 lease cash, 0.000145 money factor and 61% residual for 36 months, 10k miles