Chris908 said:I just registered over here and gotta tell you guys alot of good stuff here at the forums. My question is this:
2003 330ci/met steel grey/sport/bi-xenon/15K-year/36 month lease/2500 down
msrp = 37410
monthly payment = 544/month
2003 330i/met steel grey/sport/bi-xenon/15K-year/36 month lease/2500 down
msrp = 37010
monthly payment = 497/month
Why is there such a difference between the monthly payments when the msrp is only 400 difference. Is there something I am missing.
Chris
Chris908 said:thanks a bunch man, when are you getting your 330i. I hae been seriously thinking about getting the sedan as well. I think the sedan with the spot package wheels looks great. Best of luck with your new ride and thanks for the info
Chris908 said:How do you figure out what the future value would be say if I order the car I mentioned in my first post.
Chris908 said:one more quick question. Is the residual alue at the end of your lease something that you can negotiate,
CD-55 said:
Oh for sure!
You need to negotiate.
1) Selling price of the car
2) Interest rate of finiancing
3) Residual of car
Ben Chou said:
You can negotiate all things EXCEPT the Residual. You can lower the residual but never negotiate it higher. Residuals are set by an association of leasing or something like that.
CD-55 said:
So the residual is the same for all dealers? They don't ever take some profit there?
Should my bank or credit union have the same residual as the BMW dealer?