[monkiboy]

hi folks - thanks so much for all the great info here!

looking to lease a loaner.

how does one calculate residuals on loaners/CPO? looking to lease a 2017 x3 loaner for the significant MSRP savings with minimal miles under terms 10k miles/3 years.

is it under 5k miles residual is same as standard for the month, 64% of MSRP?
is it over 5k miles but less than 10k miles you multiple total miles times 25 cents / mile and deduct that from standard 64% residual of MSRP?

for example, vehicle has 9k miles and MSRP is $54,687.50 so let's say standard residual (64%) is $35,000. so one takes $35k - (.25x9000) = residual for that vehicle = (35000-2250) = $32,750 = 59.88% residual

OR

does one only take the mileage AFTER 5k miles into account (4k miles of the 9k total miles) when multiplying it by the 25 cents/mile for the deduction from the standard 64% residual of MSRP?

and to confirm MF stays as base (3.36%/0.0014 this month) for leases of loaners/CPO, correct?

thanks a ton!