Quote:
Originally Posted by ted2014
hi guys, i almost done with 3 year lease my 2018 BMW 540XI, now i got to learn that the bought out price would be the same as residual value which means i could not talk about price with dealer, right? how to get best offer, as i really like to buy it after i finished 3 years lease. i check number then i found the 36 month* month payment+ residual value > MSPR which means i get to pay more money. which looks like not very cool. that is why i got to know buy it from beginning or just lease it. any suggestions? thanks guys
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Residual was calculated as a FIXED % off MSRP.
Your payment was calculated as negotiated selling price minus residual (fixed) over payment term (including interest).
So, if Residual + 36 x payment > original MSRP, then you did not negotiate well in 2017...
Don't forget the taxes too (part of your monthly payment), in TX for example, you pay the tax on the FULL sales price, not the lease amount (sales - residual)
However, you can still negotiate the buy out price at the end of the lease.