Question for Lease experts

Schmed · 05-26-2009, 10:22 PM

I don't find much info on 20,000 mile/yr leases....

- what's the typical residual? My quote showed 56% -$2,250 (56% minus another $2,250) after 3 years.

- They had "bank fee" and "doc fees" totaling over $1,000 rolled into the lease. Normal?

Money factor was BMWFS's 0.00225 and they took $2,750 off list, so those are prety straightforward....

200Duece · 05-29-2009, 08:12 PM

the residual would be calculated at the 15,000 mile percentage and then add the miles as a prepay at 16 cents per mile

5000 x .16 = a/12months = $67 add per month over the 15k monthly pay

DavidBMWofMiss · 06-28-2009, 06:38 PM

When leasing it's best you go with km's your going to be doing.
Make sure 20,000 is enough as their is an overcharge per each additional km
Also the residual is based off of it the msrp of the vehicle . The discount will not affect your residual value.
If you build in more kms your residual will go down monthly payments will go up. Average additional fees including freight and pdi shoudl total about $2000 with your option to bring the money up from or on delivery. Part of that is yoru first payment which you have to make up front on a lease and a security deposit which you will get back at lease end.

05-26-2009, 10:22 PM	#1
Schmed Private First Class 21 Rep 191 Posts Drives: E30M3, E70X5, F25X3 Join Date: Jan 2008 Location: Rocky Mountains iTrader: (1)	Question for Lease experts I don't find much info on 20,000 mile/yr leases.... - what's the typical residual? My quote showed 56% -$2,250 (56% minus another $2,250) after 3 years. - They had "bank fee" and "doc fees" totaling over $1,000 rolled into the lease. Normal? Money factor was BMWFS's 0.00225 and they took $2,750 off list, so those are prety straightforward.... __________________ 2013 X3 3.5 \| SAP \| DHP \| NAV \| CWP \| AW \| Mojave
	Appreciate 0 Tweet Quote

05-29-2009, 08:12 PM	#2
200Duece Colonel 45 Rep 2,575 Posts Drives: '73 2002,'18 X5 35d,'17 328d T Join Date: Jan 2007 Location: A Whale's Vagina, Ca iTrader: (5)	the residual would be calculated at the 15,000 mile percentage and then add the miles as a prepay at 16 cents per mile 5000 x .16 = a/12months = $67 add per month over the 15k monthly pay
	Appreciate 0 Quote

06-28-2009, 06:38 PM	#3
DavidBMWofMiss Salesman and Enthusiast 5 Rep 22 Posts Drives: 1998 328is ///M Join Date: Jun 2009 Location: USA iTrader: (0) Garage List 1998 328is ///M [0.00]	When leasing it's best you go with km's your going to be doing. Make sure 20,000 is enough as their is an overcharge per each additional km Also the residual is based off of it the msrp of the vehicle . The discount will not affect your residual value. If you build in more kms your residual will go down monthly payments will go up. Average additional fees including freight and pdi shoudl total about $2000 with your option to bring the money up from or on delivery. Part of that is yoru first payment which you have to make up front on a lease and a security deposit which you will get back at lease end.
	Appreciate 0 Quote