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      04-18-2012, 11:50 AM   #3
Leighton
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Drives: BMW
Join Date: Feb 2012
Location: New York

iTrader: (0)

You don't have full disclosure from the dealer and you need it. You want all of the following before you or anyone else can judge the quality of the deal:

Annual miles - Have to be correct for your driving pattern; affects residual value and may generate high excess mileage payments at lease end if lowballed
Lease months - affects residual value and possibly money factor
Selling price - dealer has manipulation room here
Residual value - at end of lease; varies with lease months and annual miles
Money factor - Approximately loan APR/24; dealer has manipulation room here
Lease months - affects residual value and possible money factor
Capital cost reduction - cash up front reduces monthly payment but is lost if lease terminates early for any reason
Security deposit amount - adding voluntary deposits reduces money factor and therefore monthly payment
Appreciate 0