Quote:
Originally Posted by pjiang
how about this for a 2020 BMW X5 xDrive 40i
MSRP: $70,970.00
Selling Price: $65,292.00 -> 8% off
Taxes: around 10%
Money Factor (with 7 MSD) .00133% tired very hard for base MF but didn't get it
Residual: 56% at 10,000 miles/year
Total Cash Down: $11,610 w/ $7,000 Security Deposit w/ 1799 lease protection
Monthly Payment: $932
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Without all of the details of your deal it is not possible to verify the payment but just looking at it in general all seems fine so not sure why others are saying the payment is too high. This is assuming of course that you mean your cash down is including the SD and lease protection and those aren't additional.
Edit: One item to check would be the MSD amount. $7,000 would not be correct for a payment of 932. They need to round up to the nearest $50 and then multiply by the number of MSDs so your security deposit should be $6,650.