|
So guys, I have got a quick question about leasing and thought it would be best posted in here. I have negotiated a lease thats like this:
M3
MSRP: 65575
Sale: 619900
Residual: 63%
MF w/ 7 MSD: .00081
Upfront charges + first month payment: 1505
Cap cost reduction: $1000
Monthly is 616 + tax.
My question is this: I qualify for the college grad incentive of $1000 which is great but is that incentive applied to the sale price or used as a cap cost reduction. It is my understanding that since its not like I am receiving a check or cash from BMW to use as a cap cost reduction then shouldn't my sale price be lowered by $1000?
Thanks guys! Love the info here, really helped with finding a good deal.
|