Re: Is This Lease A Good Deal??? (archive)
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Posted by OrangemarlinZ8M5M3X5 on October 15, 2001 at 08:14:58:
In Reply to: Is This Lease A Good Deal??? posted by BKF on October 12, 2001 at 21:56:56:
(posted from: roc-66-24-101-13.rochester.rr.com (66.24.101.13))
Several suggestions. The M5 probably leases for around $1300 a month. Apparently, it has a bad residual, because it is assumed by BMW Financial that you will beat the car. I haven't. Yet.Nevertheless, the only reason why should put a big down payment is because of bad credit. Otherwise, your walkaway payment should be first month plus security if requested.
Shop the lease is another way to do it. BMW Financial gives very good rates, some dealers don't like BMW Financial. Chase has the best residuals and money factor. Try them out.
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