I am working with my dealer as my lease is expiring on my next vehicle. I am being told that the residual and mf for 528i on 24 months is 62% and .00185 (owner Loyalty rate). According to another bimmer site it shows for July that the residual is 62% but that the money factor is .00145. Is this kind of mark up on the money factor normal and expcected? Please keep in mind that we have bought 4 BMW's from this dealer over the past four years.

Thanks

 

If you know for a fact that the current mf is .00145, then I'd bring that up and ask why you are not offered that rate.

 

The MF should not change unless you don't put down a sec. deposit. And the residuals don't change unless you decrease from 15K miles to 12 or 10K miles (should go up by 2 and 3%, respectively). These #'s should NOT change from dealership to dealership.

 

its my understanding that the dealers can move the money factor around to make extra scratch.

there is a great lease guide somewhere on this site...

 

Man I guess at some point I should learn how the lease process works. I have never leased and never intend to, but the info may come in handy.

 

Go to leasecompare.com. Then go to the "discussion topics" pages for the rates. There is a discussion topic for lease rates for the bmw (every model).

 

I would ask your question over at Bimmerfest than here. They seem to have vast more knowledge about leasing. Thats where I asked all my questions.

Here is the link http://www.bimmerfest.com/forums/forumdisplay.php?f=20

 

If you don't typically buy a new car every 2 or 3 years then normally leasing isn't for you.

There are advantages and disadvantages to leasing depending on what you want.