Downsides to leasing a loaner car?
Besides the obvious, which is not getting a new car, are there any other downsides? Selling price seems pretty good, although they might be able to go lower? Car looks new, and people may have beat on it as a loaner.
I am being offered a 528xi loaner car. Terms are as follows:
MSRP $56,375 (Premium, Cold, Nav, Sirius)
Selling Price $45,750 (Inclusive of 1500 option and 750 loyalty)
10K miles per year
7MSDs so MF of .00096
Residual calc is weird bc the car has about 7K miles on it, but of 31,041 (about 55% compared to 58%)
Payment is $512 including 6.25% MA tax
What do you all think?