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      06-02-2015, 12:04 PM   #2
Kzang
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Drives: 2015 X5 35i Msport SG
Join Date: Jun 2009
Location: East Coast

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Here are my tips for your.

1. Read up and research on leasing so you understand fully what you are doing.
2. Do not put any "down payment" against the leased car.. you should only put down first payment, taxes, and other "fees" only. MSD ( multiple security deposit ) which you get back at the end of the lease would be idea to lower the money factor aka interest rate.
3. Determine how many miles you will drive and choose the following 10K, 12K, 15K miles lease program. If you think you will go over then you can purchase the miles prior to lease ending at $0.15/miles .. if you go over 1,000 miles then you pay $150.00 at the lease end.
4. If you want to drive a "new" car every 3 years then leasing is for you. Don't quote me on this but you can also extend your lease longer than 3 years.. and from time to time you have opportunity to to end your lease early with a pull ahead program of up to 6 months or more.

I am sure others will chime in.
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