Sales tax is 8.25% in San Mateo county--not sure about Santa Clara county.Barry said:How much would the tax be? My dealers #'s were higher for the 36month, makes no sense to me. But it seems like I should re-check with him.
What money factor is good or bad I've seen here 3.1% and a dealer friend of mine (LA) says theirs is 3.35%.
Bottom line as he says, the dealer needs to make their buck (as if they don't) so if you get charged MSRP they will get more out of the lease if they charge over (as his dealership is doing - $15k) then they can give you a better money factor. This will be my first lease so I'm pretty clueless.
The money factor (0.0031) is not an interest rate (or it would be 0.31%!
You should ask for the print out from the BMW lease system so you can see all the moving parts.