Quote:
Originally Posted by 512systems
In my case it's actually identical and I'm doing a 10k lease. The difference in price is literally $1 less this month. So my guess is their rationale was the drop in rates needed to balance out and that's why they dropped residuals and incentives. They did ultimately screw up because the way it should have gone was drop rates, keep residuals the same and bump loyalty or lease credit by $750-$1000. No doubt that will come in a month or two.
|
Agreed. We picked up our X5 on March 10 and I just did the calculation using the April program and its EXACTLY the same. The drop in MF from 0.00142 to 0.00118 offsets the 1% residual drop (approx. $750 for our $74,920 MSRP car) and the $250 lease credit drop. That's a total of $1,000 loss towards the whole deal, which the MF drop takes care of. In some cases I can see it being different (e.g., if your MSRP is higher, the 1% residual drop will likely hurt the payment more), but even then the difference won't be that great - maybe a few dollars on the monthly payment.
__________________
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
