Quote:
Originally Posted by illirep
Aren't residuals on a stand alone basis nearly useless? When considering the residual without the money factor, you are only working with half of the equation.
In my experience, with higher residuals, they do less incentives on the money factors. And when residuals come down toward the end of a model year, they incentivize the money factors to balance it.
Perhaps I'm missing something!?
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As I understand it, money factors are not permitted to be revealed hence why they are not posted. Since I have no affiliation with BMW, I can tell you that the base money factor across the board is .00188 with the normal possible maximum markup of .0004.