FORUMS
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| 09-11-2012, 08:12 PM | #3 | |
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Second Lieutenant
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| 09-14-2012, 04:02 PM | #7 |
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Major
 
Drives: '04 Quest, '07 Kia Sorrento Join Date: Aug 2008
Location: ...location, location?
Posts: 1,304
iTrader: (0)
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Has anyone yet tried to buy-down the MF using MSD's yet?
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| 09-15-2012, 04:55 AM | #8 | |
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Second Lieutenant
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I have on a past lease. My current DD was purchased with traditional financing. However, I am strongly considering leasing the M3 which I will be placing an order for in December to early January. If so, BMW FS will accept up to 7 additional MSD's for a total m.f. reduction of .00049 (or 1.176%). Therefore the adjusted m.f. would be .00096 (or 2.3%). Not a bad investment and preferred route vs. cap cost reduction. |
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| 09-15-2012, 08:47 AM | #9 | |
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Captain
Drives: Like I Stole It... Join Date: Feb 2012
Location: Jersey Shore
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| 09-15-2012, 10:12 AM | #10 |
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Second Lieutenant
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I will also add that while I am against cap cost reduction on a lease it does make sense to put a small amount down if the monthly payment in near the $50 level. Meaning, the security deposit is rounded to the next $50 increment (i.e. $500, $550, $600, etc), so if the cap reduction can lower the amount from $510 to $499 the security deposit would be $500. Therefore the max amount (7 MSD's plus regular) would be $4k vs. $4.4k. Obviously with an M3 the payment amount is usually higher and therefore the max contribution would be as well. But the math would still apply.
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