Quote:
Originally Posted by Bama M3
Holy cow. A .00375 MF is equal to 9% interest. You can get a better rate than that from a loan shark on the street.
The Apr 08 base MF from BMWFS is .00258 (or 6.19%). Still not great, but .00375 includes a serious dealer markup.
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Agree, isn't that INSANE!
Thing is I get to write off about 80% of my lease since I am on a 1099, so leaseing makes the most sense for me.