Sure it can be done...if I put enough down (cap cost reduction) I could get a payment down to $10 a month.
For shits and giggles, you'd have to put down $33,100 to get a $10/mo. payment in IL.
Does it make sense to put a lot down on a lease to lower the payments? Maybe, but if you can invest that money and get greater than a 6% return (based on the MF in the OP of 0.0025) then why not invest it?
14' X5 50i MSport - Min White
91' 325ic - Bril Red, Full Dinan Spec
(past) 11' X5 35i SA - Black Saph
(past) 07' X3 3.0si MSport - Jet Black, 07' 335i Black Saph
(past) 03' 330ci - Black