Quote:
Originally Posted by weingarm
When you add $700 to the cap cost on a lease (again, assuming you can "residualize" the full $700) that means you only finance about 46% of that amount ($322) in the lease payments - this would be on a 54% residual value lease.
This would equate to ~$10/month on a 36 month lease. If I'm wrong and you can't residualize UC+, then you'd be right, $700/36 = ~$20/month. If that were the case, might as well just pay the full $700 up-front and save the interest charge.
|
Yeah, you can't residualize that cost, so it's going to be the ~$20 a month to pay the full amount over the lease unless you pay up front. You can however negotiate it being $700. I've paid $500 on my last 2 cars and I think $600 on the car before that, the finance manager didn't skip a beat on the last one when I said I paid $500 before, so I'm thinking you could get it for less.
Also, note that even if you have a 15k/year lease, your maintenance program is only for 36k miles unless you extended it. For those with demos, it's 36k on the odometer, not the first 36k of your ownership (almost found that out the hard way on my X5, but they pushed it through on good will at 38k).
I did have brakes replaced within 36k miles on my X6, X5 (well - 38k), and M3. Two of those three just made it through before the lease came to term, and they weren't bad enough to be required, just me and my SA making sure we could squeeze in every last ounce of service.
I also make sure I get my wipers swapped out every year.