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03-06-2014, 10:11 AM | #1 |
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Lease question
Looking at a 740li and talked to a few dealers. One dealer is offering me the car for 79k with m sport, lighting, cold weather, and driver assistance plus, and the 20" m sport option wheels. Money factor is 0.00170 and residual is 58%, before it was 55%. Total a month with taxes is $1200~
Another dealer is offering me the same car including taxes for $910 a month. No info on the mf or residual. What should the mf and residual be on average? |
03-06-2014, 10:18 AM | #2 |
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So this is what I calculated with and payments are about 980.
Residual 58 Mf is 0.00130 standard mf Fees :~2000 Taxes : 5% Msrp :93000 Selling price : 79000 First thing is that discount is unbelievable without a euro delivery. May be I can get the same deal too
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03-06-2014, 10:23 AM | #3 |
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Taxes here are 9.7%. Msrp was was around $84k, but there is the m sport credit, which brings it down. The first dealer wouldn't tell me what invoice was either.
Both deals are with zero down as well. |
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04-19-2014, 08:23 PM | #6 |
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04-20-2014, 11:08 AM | #7 |
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I think it's mostly because they are having a hard time selling all these expensive cars from the lot, and also because I've always been their customer. But really no kidding they came down from something over 90k to a little under 70k. The car is brand new.
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04-21-2014, 10:09 PM | #9 |
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04-22-2014, 04:49 PM | #11 |
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