BMW M5 Forum and M6 Forums banner

1 - 2 of 2 Posts

·
Registered
Joined
·
110 Posts
Discussion Starter · #1 ·
I've been a BMW customer for about 12 years... Here's a lease quote below. The MF seems high, no?


VIN: STOCK#: LICENSE: ODOMETER:
VEHICLE: 2011**BMW M3 Coupe COLOR: Silverstone Silver UPHOLSTERY: Black Leather


Index Description MSRP
Base Price $58,900.00
02MK M Double-clutch Transmission 2,900.00
Premium Package 0.00
0494 Heated Front Seats 500.00
Upgraded interior trim 500.00
0507 Park Distance Control (Rear) 380.00
0655 Satellite Radio w/ 1 Year Sub. 350.00
06FL iPod and USB Adapter 400.00
0223 Electronic Damping Control 1,000.00
0609 Navigation System 2,100.00
Metallic Paint 550.00
Novillo Leather Upholstery 950.00
Estimated Gas Guzzler Tax 1,300.00
Destination and Handling 875.00

TOTAL AS EQUIPPED $70,705.00
SELLING PRICE $66,210.00

Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 10,000/year
Money Factor 1.45
Residual Factor 61%**
Selling Price $66,210.00
Total Capitalized Cost
$66,210.00
Residual Value $43,130.05
Total Depreciation $23,079.95
Capital Reduction ($0.00)
Monthly Depreciation $641.11
Monthly Rent $158.54
Monthly Payment $799.65
Tax (9.75%) $77.97
Monthly Payment + Tax $877.62
Capital Reduction ($0.00)
Cap Reduction Tax (9.75%) $75.08
License & Registration $845.75
Bank Fee $725.00
Documentation Fee $45.00
First Payment $877.62
Security Deposit $0.00
Drive Off $2,568.44
Trade Equity $0.00
Rebate $0.00
Due at Signing $2,568.44
Customer Information
Name
Address
City
State
ZIP 91204
SSN#
Home Phone 1 111-1111 x11
Work Phone

Trade Information
Vehicle
Odometer
VIN
Allowance **$0.00
Actual Cash Value **$0.00
Payoff **$0.00
 

·
Registered
Joined
·
737 Posts
Yeah... I assume the MF is actually .00145 and that 1.45 is just the short way of them writing it. It can be stated both ways (confusing). Currently, until the end of February, the MF on E93 M3 leases is .0009. But, I think they are trying to push the verts....

DB
 
1 - 2 of 2 Posts
Top