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What's a good deal on Lease?
Looking to lease a E90 M3 and found various quotes. Cars I'm looking are prices between $73-74K.
I'm hoping to buy my car at the end of the lease. Main reason I'm leasing is the fact that I can write a percentage of it off as a bushiness expense.
Here's some of the quotes I've received so far on 36 months 10,000 miles/year
#1 Option: MSRP is $73,575 and the invoice is $68,300 and the selling price is $69,439 and on*a 36 month lease with 10k miles per year and with a total of $2,327.68 cash down your payment comes to $931.30 including Tax
The residual is 63% and $46,352.25 after 3 years and the money factor is .00185 on a score of 740 or better. This price is $1,000 over invoice with $139 for floor mats.
Option #2: Vehicle Price: $73,075.00 * Preferred Customer Discount: - $3,116.00 *
* Vehicle Selling Price: $69,959.00 *
* 2011 Factory Floor Mats: + $149.00 *
* Total Selling Price: $70,108.00
$4000 Cash due which includes $2200 cap reduction. MF is higher 00235.
Still waiting on a few other dealer quotes.
I don't qualify for the loyalty discount as my 1999 is too old. Nor do I have my BMWCCA membership as that has lapsed.
Does this seam high for you guys? I'm curious what some are you are paying right now on 2011 BMWFS Leases?
Doe paying a MSD (multiple security deposit) program Make a difference?
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