First time leasing is this a decent deal?
This is my first time leasing and not sure if this is a good deal on a x3 35i
2013 BMW X3 35i in Carbon Black Metallic and Black Nevada Leather
Premium Pkg
M Sport Pkg
Technology Pkg
Head Up Display
Premium Sound
Dynamic Handling Pkg
Brushed Aluminum Trim
Vehicle Price: $57,745.00
Market Savings: - $2,470.00
Customer Rebate: - $1,000.00
SmartChoice Price: $54,275.00
Sales Tax (estimate): + $4,637.54
Tire/Battery/MVWEA: + $7.00
Tag/Registration Fees (estimate): + $429.00
Flat Add/County Fee: + $20.00
Electronic Filing: + $18.60
Smog Abatement Fee: + $20.00
Documentation Fee: + $80.00
Balance Due (estimate): $59,487.14
The money factor 0.00175 and Residual is 59% for 12K miles
I think I can do better on the price. Is the money factor marked up? I was planning on putting down around 4k or 5k to keep payments lower than 700.
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