Quote:
Originally Posted by smyles
It's been a while since I leased, plus you're in CA, so who knows how things are done there, but usually registration isn't a sign (or proof) of ownership. It's just that, a registration.
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The CSE deems the "registered owner" aka the driver, the one who pays the lease, who's name is on the registration as the recipient of the CVRP. Its purpose is create an incentive for the customer. It does not go to the leasing company.
Quote:
Originally Posted by smyles
Residuals and other numbers are in any leasing contract, that's what defines your monthly and final (if any) payments.
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Rebates and incentives, are in section 9.B.2 under "Rebates and Noncash Credits". The lease contract is very transparent if you know how to read it. There is no misleading as far as rebates and incentives, it's all there on the contract. Trunk money, aka money going to the dealer from BMWNA or BMWFS is to help move inventory which isn't always passed on to the customer, but with how many BMWs I've owned and the relationship I have with the dealer, they give enough of a discount to be beneficial to both parties.