View Single Post
      02-08-2013, 04:19 PM   #10

Drives: 2013 BMW M3
Join Date: Dec 2012
Location: White Plains, NY

iTrader: (0)

Originally Posted by ddk632 View Post
OK so if the sales tax is upfront, then your inceptions make sense but my lease calculation included tax on the payment... so I re-ran the numbers.

Invoice price for a $103k X6M is roughly $95k (on

To get to $1150 without tax, using lease calculator, and assuming all other costs paid up front --

54% residual (again not sure if this is accurate for February but it was for January)

0.00076 money factor (assuming 0.00125 base rate although I think it might be higher, maybe 0.00130 as of January...

You would need the selling price to be $93.5k

Now, we know your MSD's are $8050, leaving $5450 for inceptions and up-front tax. At 8.875% NY tax, the total up front tax should be $3725 (roughly), leaving $1725 for first payment, title, and doc fees (very reasonable). That all makes perfect sense to me now.

So it looks like this is a deal at about $1.5k below invoice with no cap cost reduction on your part. That is a GREAT deal. Take it.
Thanks so much for really looking into this and help me in the decision process. What I really want is to get a "zero down" payment as well as a payment that includes wheel & tire warranty ....I will keep you guys posted....thanks again!