Question about leasing
Hi Guys,
I am looking to get into a MY2018 540d and would be leasing for the first time. Previously I have always just bought the cars.
- Is the MF and Residual different for 540d?
- I would be driving more than 12K per year. Wondering if I should prepay for miles, or go with minimum 10K. Wondering if the same rules apply as money down in a lease. Meaning if the car gets totaled, do I loose what I prepaid for mileage?
- There is a 90% chance, I would want to buy the car at lease end. In that case, if there is a gap in actual market value and residual, does BMW negotiate a better buy price? If I trade for another lease, do they forgive extra mileage?
Thanks for your help in advance.
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