Quote:
Originally Posted by NikonMan
BMW has traditionally had the best lease rates and residuals among all the luxury car manufacturers.
Current MF for a 36 month/10K miles annual lease is .00125 (3%) with a residual of 61%. This is a SSD program (non-tiered) with a minimum credit score of 675. There are tiered rates available as well for non SSD programs depending on the vehicle, but generally the SSD rates are very competitive.
You are able to reduce the MF down to .00076 (1.8%) with a maximum of 7 MSD's (multiple security deposits).
Each MSD is the equivalent of one monthly payment (after cap cost red, tax, etc.), rounded up to the nearest $50.
This deposit is returned to you at lease end to apply to a new lease, buy the lease out, etc.
BMW also has single payment leases if that's your choice.
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Not much to add except the stealership can mark up the MF by .0004 and the acquisition fee by $200.
So watch for that.