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Cracking the BMW Lease Specials

Published by G

As you are all well aware of, national lease promotions are used to reel you into the dealerships. However, the law has made it pretty clear that they need to disclose enough information in order for us to get a hint of what we should expect to pay. Last night, when I completed the Game Changer, I began testing it on different brands to see how accurate it was. I found that Honda and Acura discloses enough information in the fine print to get a VERY accurate residual and money factor calculator. Honda/Acura doesn’t seem to care when it comes to blurring the fine print. However, I found that BMW, Audi, Infiniti, Lexus, Toyota and Mercedes-Benz were not exactly very “upfront” with their disclosures. Toyota and Lexus are BAD! They won’t even provide the purchase option price or estimates of total payments. It’s like they pick those payment numbers out of thin air.

The good news is that I have been able to get a pretty good feel for how BMW discloses their info and how we can use it to calculate the Residual and Money Factor.
Lets take a look at the key information for the October promotion of the 2014 428i:

  • $439*/month for 36 months. $500 Loyalty Cash are included in payment.
  • $439 First months payment
  • $2,750 Down payment
  • $0 Security Deposit
  • $725 Acquisition fee
  • $3,914 Cash due at signing

Monthly Lease payments of $439.00 for 36 months based on MSRP of $43,625.00
Purchase option at lease end for $27,484.00 excludes taxes
blah, blah, blah…in excess of 30,000 miles

So what do we know about this deal?

  • Cap Reduction is $3914
  • $500 loyalty cash is available and being used as part of this promo (even though it may not apply to you)
  • 36mo/10k per year
  • $439 payment per month
  • No taxes are ever included in any of these estimates
  • MSRP $43625
  • Residual after 3yrs is $27484

Just as a reminder, we already know what the lease rates are on the 428i for October 2013: 60% at 36mo/15k, or 63% at 10k, 0.00125 base rate. It is posted on the BMW Lease Rates page.

The only key missing information here is the Net Cap Cost. We know the Cap Reduction (down payment) is $3914. We also know BMW will cover $500 of that in Loyalty Cash. That means to get to the $439 payment, we need about $3414 in cap reduction. We also know that there is absolutely no significant dealer contribution mentioned, so it’s safe to assume it’s either nil or nothing to write home about.

After looking into this further, there seems to be some dealer contribution that is minimal,  but significant enough to skew the numbers a bit.

Per @knight427 observation. We are proceeding with the assumption that you pay for the 1st month payment upfront. $2750 down is used as cap reduction in addition to the $500 loyalty cash.

You then get a cap reduction of $3250 off MSRP, putting you at $40375 NCC. Using the Game Changer, we get a MF of .00119. So how does that compare to the actual .00125 when it comes to payments? Using the RWG Lease Calculator, I get a $443 monthly payment using the .00125. On the flip side, if we use the .00119 rate, we get $439. A 4 dollar difference per month. Pretty close estimate.

I still feel this is a game-changer for us because it really gives us a realistic ballpark figure for what the MF & Residual should be.

Thanks again @knight427 for your wonderful insight. It really helps to have members participate in discussions like this!

We are getting close folks! Thoughts? Comments? Share it!

rwg-looking-ahead

Looking Ahead

Published by G

I know it hasn’t been the easy for many of you trying to hunt down lease rates this month.  I too have been impacted since I was just about to begin shopping for my Sonata replacement. The good news is that a whole lot of you have stepped up to keep things alive, which is phenomenal. This may be the best way to keep things alive in my opinion. Going forward, I will do my best to establish a place to gather and share information, doing my best to provide you with the resources to make leasing an easier endeavor.

Starting this month, you will begin to see some of the changes that I plan to implement to further improve the site. Below are some of the things that you should expect in the coming months:

  1. Website redesign to accomodate the new structure.
  2. Crowd-sourced model will be refined (Kudos to Ron for the Google Forms suggestion). In future, I will have a more “home-brewed” system in place. In the meantime, Google Forms will do the job
  3. Based on the Aug-Sept poll results, lease rates will be streamlined, focusing key brands such as BMW, Audi, Acura, MBZ, Lexus, Infiniti, Honda and VW, with Volvo added whenever supplied. However we will not be limited to only those (see next bullet)
  4. There will be another list of rates for “one-off” models from all other makes (I decided this once I got a chance to see the Lincoln MKZ. I am really curious as to how much this ride goes for)
  5. Registration will be required to post questions, requests, interact with me and other members.
  6. Lease calculator will get a major overhaul and will be planned for mobile devices (this will take time and money to put together so please be patient)

There seems to be some “doomsday” reaction going around regarding this site being “shutdown”.  As you know, that isn’t the case. The truth is that my “source” decided that lease rates in exchange for referrals isn’t in their best interest anymore. No other source has stepped since offering to supply me with more numbers, so this is where we are.  Should the community choose not to grow from what we’ve built, then we all know what happens next.

As consumers, we will ultimately determine whether sites like this stick around. I have had three brokers supply numbers in the past and they all have stopped. That model was clearly not sustainable in the long haul. Our best chance is to get the numbers independently and share them with the community. We want their cars. We choose who we do business with. We don’t want to be cheated. Is that simple.

I will continue to contribute community to the best of my abilities. I genuinely hope everyone else does the same.

Thank you all for the many years of support. Let’s keep the wheels spinning.

G

1104_bmw_x3

2013-14 BMW Lease Rates – September 2013

Published by G

Hello everyone! Please note the following:

  • I do not respond to requests for numbers. All numbers I have are posted.
  • This is the LAST MONTH for the “suggest brands to track” voting. If you haven’t done so, please do so before the 30th. VOTE HERE.

Below is another question I have for everyone:

Does RWG need a mobile app and would you pay for one?

  • No. This blog is just fine (48%, 196 Votes)
  • Yes, but it should free (29%, 116 Votes)
  • Yes. I would pay a small one-time fee (21%, 86 Votes)
  • Yes. I would pay a small monthly fee for advance features (2%, 7 Votes)

Total Voters: 405

Loading ... Loading ...

Android or iPhone?

  • iPhone first! (68%, 201 Votes)
  • Android first! (32%, 96 Votes)

Total Voters: 297

Loading ... Loading ...

Click Here To Discuss The Mobile App!

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LEASE RATES HAVE BEEN REMOVED. LEASE RATE POSTING HAS BEEN SUSPENDED INDEFINITELY.

CLICK HERE FOR MORE INFORMATION

1103_bmw_335is

2013-14 BMW Lease Rates – August 2013

Published by G

Couple of comments:

  • I do not respond to requests. Everything I have for August is posted.
  • Don’t forget to vote. My plan is to streamline the process here so make sure your voice is heard!!!

VOTE HERE

Support my site by getting your “no obligation” quotes from:
TrueCar.com
CarsDirect.com

LEASE RATES HAVE BEEN REMOVED. LEASE RATE POSTING HAS BEEN SUSPENDED INDEFINITELY.

CLICK HERE FOR MORE INFORMATION

1307-bmw-650i

2013-14 BMW Lease Rates – July 2013

Published by G

Aside from the 2014s numbers, I’m not seeing much in terms of changes for this month. Rather unusual for BMW numbers to remain the same for such extended period of time, but not unheard of. Wouldn’t be surprised to see the numbers change mid-month either. That’s certainly not uncommon for BMW to do either. I do have to say that the rates look pretty decent so the key is getting a competitive sale price. That’s usually the biggest challenge with BMWs because of the “extras” and the padding that sometimes happens when trying to lease one of these vehicles.

Support my site by getting your “no obligation” quotes from:

TrueCar.com
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LEASE RATES HAVE BEEN REMOVED. LEASE RATE POSTING HAS BEEN SUSPENDED INDEFINITELY.

CLICK HERE FOR MORE INFORMATION

1306-bmw-activehybrid3

2013 BMW Lease Rates – June 2013

Published by G

BMWFS kept things the same as last month. If you have been using May numbers to calculate deals for June, you were on the right track.

Support my site by getting your “no obligation” quotes from:

TrueCar.com
CarsDirect.com


2013 BMW 128i Coupe
36 Month – Residual 59% of MSRP – .00127 Base Rate

2013 BMW 128i Convertible
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 135i Coupe
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 135i Convertible
36 Month – Residual 60% of MSRP – .00127 Base Rate
2013 BMW 328i Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 328xi Coupe
36 Month – Residual 63% of MSRP – .00127 Base Rate

2013 BMW 328i Convertible
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335is Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335xi Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Convertible
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335is Convertible
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 328i Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 328i Sedan xDrive
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Sedan xDrive
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW M3 Coupe
36 Month – Residual 59% of MSRP – .00127 Base Rate

2013 BMW M3 Convertible
36 Month – Residual 58% of MSRP – .00127 Base Rate

2013 BMW 528i Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 528i xDrive Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2012 BMW 535i Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 535i xDrive Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 550i Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 550i xDrive Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 550i GT xDrive Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 650i Coupe
36 Month – Residual 52% of MSRP – .00090 Base Rate

2013 BMW 650i Convertible
36 Month – Residual 52% of MSRP – .00090 Base Rate

2013 BMW 740i Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate
2013 BMW 740Li Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750i Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750i xDrive Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750li Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750li xDrive Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW Z4 sDrive28i
36 Month – Residual 63% of MSRP – .00127 Base Rate

2013 BMW Z4 sDrive35i
36 Month – Residual 63% of MSRP – .00127 Base Rate

2013 BMW Z4 sDrive35is
36 Month – Residual 63% of MSRP – .00127 Base Rate

2013 BMW X1 xDrive28i SUV
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW X3 xDrive28i SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X3 xDrive35i SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X5 xDrive35i Premium SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2012 BMW X5 xDrive35d Diesel SUV
36 Month – Residual 51% of MSRP – .00127 Base Rate

2013 BMW X5 xDrive35i Sport Activity SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X5 xDrive50i SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X5 M SUV

36 Month – Residual 53% of MSRP – .00127 Base Rate

2013 BMW X6 xDrive35i Crossover
36 Month – Residual 56% of MSRP – .00127 Base Rate

2013 BMW X6 xDrive50i Crossover
36 Month – Residual 56% of MSRP – .00127 Base Rate

2013 BMW X6 M Crossover
36 Month – Residual 51% of MSRP – .00127 Base Rate

2013 BMW 640i Gran Coupe
36 Month – Residual 52% of MSRP – .00090 Base Rate

2013 BMW 650i xDrive Gran Coupe
36 Month – Residual 52% of MSRP – .00090 Base Rate

1305-bmw-x6

2013 BMW Lease Rates – May 2013

Published by G

From what I am seeing, residuals remain the same but money factors have been reduced for most models slightly. Not a very significant change if you ask me.

On a side note, I’m getting a lot of REQUESTS lately and I think you all know where I stand on this. Please don’t take it personally if I don’t reply, I don’t have a lot of time on my hands nowadays so it’s difficult to reply to each person individually about this type of issue. Thank you for your understanding.

Support my site by getting your “no obligation” quotes from:

TrueCar.com
CarsDirect.com


2013 BMW 128i Coupe
36 Month – Residual 59% of MSRP – .00127 Base Rate

2013 BMW 128i Convertible
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 135i Coupe
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 135i Convertible
36 Month – Residual 60% of MSRP – .00127 Base Rate
2013 BMW 328i Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 328xi Coupe
36 Month – Residual 63% of MSRP – .00127 Base Rate

2013 BMW 328i Convertible
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335is Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335xi Coupe
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Convertible
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335is Convertible
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 328i Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 328i Sedan xDrive
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 335i Sedan xDrive
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW M3 Coupe
36 Month – Residual 59% of MSRP – .00127 Base Rate

2013 BMW M3 Convertible
36 Month – Residual 58% of MSRP – .00127 Base Rate

2013 BMW 528i Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 528i xDrive Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2012 BMW 535i Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 535i xDrive Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 550i Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 550i xDrive Sedan
36 Month – Residual 60% of MSRP – .00127 Base Rate

2013 BMW 550i GT xDrive Sedan
36 Month – Residual 62% of MSRP – .00127 Base Rate

2013 BMW 650i Coupe
36 Month – Residual 55% of MSRP – .00090 Base Rate

2013 BMW 650i Convertible
36 Month – Residual 52% of MSRP – .00090 Base Rate

2013 BMW 740i Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 740Li Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750i Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750i xDrive Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750li Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW 750li xDrive Sedan
36 Month – Residual 55% of MSRP – .00127 Base Rate

2013 BMW Z4 sDrive28i
36 Month – Residual 64% of MSRP – .00127 Base Rate

2013 BMW Z4 sDrive35i
36 Month – Residual 64% of MSRP – .00127 Base Rate

2013 BMW Z4 sDrive35is
36 Month – Residual 64% of MSRP – .00127 Base Rate

2013 BMW X1 xDrive28i SUV
36 Month – Residual 56% of MSRP – .00127 Base Rate

2013 BMW X3 xDrive28i SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X3 xDrive35i SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X5 xDrive35i Premium SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X5 xDrive35d Diesel SUV
36 Month – Residual 51% of MSRP – .00127 Base Rate

2013 BMW X5 xDrive35i Sport Activity SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X5 xDrive50i SUV
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X5 M SUV
36 Month – Residual 53% of MSRP – .00127 Base Rate

2013 BMW X6 xDrive35i Crossover
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X6 xDrive50i Crossover
36 Month – Residual 57% of MSRP – .00127 Base Rate

2013 BMW X6 M Crossover
36 Month – Residual 52% of MSRP – .00127 Base Rate

2013 BMW 640i Gran Coupe
36 Month – Residual 52% of MSRP – .00090 Base Rate

2013 BMW 650i xDrive Gran Coupe
36 Month – Residual 52% of MSRP – .00090 Base Rate

1304-bmw-x6

2013 BMW Lease Rates – April 2013

Published by G

Not a whole lot of changes. Most .00130 MFs were changed to .00129. Residuals remained the same for most models. For those of you who are wondering what the 320i is, its not a typo. That is actually a 180hp variant of the 328i (240hp).  It is mean to be a more entry-level model to reel in more folks to the BMW brand.

Support my site by getting your “no obligation” quotes from:

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2013 BMW 128i Coupe
36 Month – Residual 59% of MSRP – .00129 Base Rate

2013 BMW 128i Convertible
36 Month – Residual 60% of MSRP – .00129 Base Rate

2013 BMW 135i Coupe
36 Month – Residual 60% of MSRP – .00129 Base Rate

2013 BMW 135i Convertible
36 Month – Residual 60% of MSRP – .00129 Base Rate

2013 BMW 320i Sedan
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 328i Coupe
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 328xi Coupe
36 Month – Residual 63% of MSRP – .00129 Base Rate

2013 BMW 328i Sedan
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 328i Sedan xDrive
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 328i Convertible
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 335i Coupe
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 335is Coupe
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 335xi Coupe
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 335i Sedan
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 335i Sedan xDrive
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 335i Convertible
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 335is Convertible
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW M3 Coupe
36 Month – Residual 59% of MSRP – .00129 Base Rate

2013 BMW M3 Convertible
36 Month – Residual 58% of MSRP – .00129 Base Rate

2013 BMW 528i Sedan
36 Month – Residual 61% of MSRP – .00129 Base Rate

2013 BMW 528i xDrive Sedan
36 Month – Residual 61% of MSRP – .00129 Base Rate

2012 BMW 535i Sedan
36 Month – Residual 60% of MSRP – .00129 Base Rate

2013 BMW 535i xDrive Sedan
36 Month – Residual 60% of MSRP – .00129 Base Rate

2013 BMW 550i Sedan
36 Month – Residual 60% of MSRP – .00129 Base Rate

2013 BMW 550i xDrive Sedan
36 Month – Residual 60% of MSRP – .00129 Base Rate

2013 BMW M5 Sedan
36 Month – Residual 51% of MSRP – .00129 Base Rate

2013 BMW 550i GT xDrive Sedan
36 Month – Residual 62% of MSRP – .00129 Base Rate

2013 BMW 650i Coupe
36 Month – Residual 54% of MSRP – .00090 Base Rate

2013 BMW 650i Convertible
36 Month – Residual 54% of MSRP – .00090 Base Rate
2013 BMW 640i Gran Coupe
36 Month – Residual 54% of MSRP – .00090 Base Rate

2013 BMW 650i xDrive Gran Coupe
36 Month – Residual 54% of MSRP – .00090 Base Rate

2013 BMW M6 Coupe
36 Month – Residual 50% of MSRP – .00090 Base Rate

2013 BMW 740i Sedan
36 Month – Residual 55% of MSRP – .00129 Base Rate
2013 BMW 740Li Sedan
36 Month – Residual 55% of MSRP – .00129 Base Rate

2013 BMW 750i Sedan
36 Month – Residual 55% of MSRP – .00129 Base Rate

2013 BMW 750i xDrive Sedan
36 Month – Residual 55% of MSRP – .00129 Base Rate

2013 BMW 750li Sedan
36 Month – Residual 55% of MSRP – .00129 Base Rate

2013 BMW 750li xDrive Sedan
36 Month – Residual 55% of MSRP – .00129 Base Rate

2013 BMW Z4 sDrive28i
36 Month – Residual 64% of MSRP – .00129 Base Rate

2013 BMW Z4 sDrive35i
36 Month – Residual 64% of MSRP – .00129 Base Rate

2013 BMW Z4 sDrive35is
36 Month – Residual 64% of MSRP – .00129 Base Rate

2013 BMW X1 xDrive28i SUV
36 Month – Residual 56% of MSRP – .00129 Base Rate

2013 BMW X3 xDrive28i SUV
36 Month – Residual 57% of MSRP – .00129 Base Rate

2013 BMW X3 xDrive35i SUV
36 Month – Residual 57% of MSRP – .00129 Base Rate

2013 BMW X5 xDrive35i Premium SUV
36 Month – Residual 57% of MSRP – .00129 Base Rate

2012 BMW X5 xDrive35d Diesel SUV
36 Month – Residual 51% of MSRP – .00129 Base Rate

2013 BMW X5 xDrive35i Sport Activity SUV
36 Month – Residual 57% of MSRP – .00129 Base Rate

2013 BMW X5 xDrive50i SUV
36 Month – Residual 57% of MSRP – .00129 Base Rate

2013 BMW X5 M SUV
36 Month – Residual 53% of MSRP – .00129 Base Rate

2013 BMW X6 xDrive35i Crossover
36 Month – Residual 57% of MSRP – .00129 Base Rate

2013 BMW X6 xDrive50i Crossover
36 Month – Residual 57% of MSRP – .00129 Base Rate

2013 BMW X6 M Crossover
36 Month – Residual 52% of MSRP – .00129 Base Rate