01-31-2021, 06:51 AM | #1 |
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Lease deal
2020 540xi $72k msrp, 58% residual, $55k sales price. .00126 MF. 15k miles, 3 years. I am assuming sales tax is 6%, with their fees n all. Monthly is 845. Something don't seem right what m I missing. Any advice b helpful
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01-31-2021, 10:31 AM | #2 |
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Residual should be 55% for 15k miles and your MF is marked up - base MF is 0.00086. 6% sales tax is correct for VA.
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Current BMWs - '20 X5 xDrive40i M Sport, '20 BMW M550i | Past BMWs - '03 E39 540iT M Sport, '06 E53 4.8is, '11 E70 M Sport LCI
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Akokar15.50 |
02-01-2021, 12:01 PM | #3 |
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Something doesn't add up. I've plugged everything in and there is no way you should have more than $800/month, even assuming the incentives are included in the selling price (I assumed the selling price is $58,750 before incentives; $55,000 including incentives). Even with that selling price, 55% RV, a fully marked up MF, $1k in dealer fees, and zero drive off, the payment is $799 including 6% VA tax.
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Current BMWs - '21 M550i Bernina Grey/Black Nappa, '20 X5 sDrive40i xLine Alpine White/Coffee Extended Merino
Past BMWs - '20 740i, '20 X3M, '19 540i M-Sport, '19 440i GC M-Sport, '18 M3 Comp., '18 X5 sDrive35i, '18 340i, '17 X3 sDrive28i, '15 335i xDrive Sport Line, '14 428i Coupe |
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02-03-2021, 02:26 PM | #5 |
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Check the link below. Unless I've plugged in your figures incorrectly, your quote is way off. Also I'd double check the MF and RV for a 2020 MY in February 2021. Sounds like you're using 2021 MY lease rates, but honestly I haven't looked to see what 2020 MY are.
leasehackr.com/calculator?make=BMW&miles=15000&msd=0&msrp=72000&s ales_price=58750&months=36&mf=.00086&dp=0&dealer_f ee=85&acq_fee=925&taxed_inc=0&untaxed_inc=3750&reb ate=0&resP=55®_fee=400&sales_tax=4.15&demo_mile age=0&memo=&acqFee_check=true&monthlyTax_radio=tru e&bmw_demo_25=true |
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