Lease rates
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you will fall in love with this M6 just listen to her lol:http://youtube.com/watch?v=Te7Ya4U6uBw
http://youtube.com/watch?v=6Okq3WjbKNA
Last edited by C32 MIA; Apr 20, 2008 at 01:18 PM.
1. The negotiated sale price of the car - which in this case will be MRSP because dealers are not discounting the car at all.
2. Residual Value
3. Money Factor
4. Lease Term
5. Sale Tax Rate (If you roll the sales tax into the lease)
The residual value is given to all of the dealers by MB - it is a definitive number that is set by MB Financial. The money factor is all dependent on your credit score.
Check it out here ...
Because I do not know the residual value of the C63 yet, I used the residual value for a 2008 E63 using a 36 month lease term - this is 52%. The means that 52% of the cars remaining value is left after 36 months (12k miles/year) ownership or that the car has depreciated 48% in value over that amount of time. Then, I used the base money factor for a 2008 E63 - this is .00175 or 4.2%. The money factor simply determines lease finance charges over the course of the lease. Then I used the auto sales tax in my county (Dade county FL) which is 6%. Factoring all of these #s in - the lease comes out to around $1100.
1. The negotiated sale price of the car - which in this case will be MRSP because dealers are not discounting the car at all.
2. Residual Value
3. Money Factor
4. Lease Term
5. Sale Tax Rate (If you roll the sales tax into the lease)
The residual value is given to all of the dealers by MB - it is a definitive number that is set by MB Financial. The money factor is all dependent on your credit score.
Check it out here ...
Because I do not know the residual value of the C63 yet, I used the residual value for a 2008 E63 using a 36 month lease term - this is 52%. The means that 52% of the cars remaining value is left after 36 months (12k miles/year) ownership or that the car has depreciated 48% in value over that amount of time. Then, I used the base money factor for a 2008 E63 - this is .00175 or 4.2%. The money factor simply determines lease finance charges over the course of the lease. Then I used the auto sales tax in my county (Dade county FL) which is 6%. Factoring all of these #s in - the lease comes out to around $1100.
you will fall in love with this M6 just listen to her lol:http://youtube.com/watch?v=Te7Ya4U6uBw
http://youtube.com/watch?v=6Okq3WjbKNA
http://www.bankrate.com/brm/auto-loa...5&Submitbut=GO
http://www.bankrate.com/brm/auto-loa...5&Submitbut=GO
http://www.bankrate.com/brm/auto-loa...5&Submitbut=GO




. Hell, you can get a more expensive, nicely equipped M3 for like $850+ a month.