Post Your X1 Lease Deal!

[Michaelc82]

Originally Posted by MusclesCoupe

Loaded 35i xdrive m sport
Mineral white
PDC
Camera
Nav
Sat
Comfort access
Premium
Tech
Sport suspension
4000k out
$425 month

That seems cheap!

[pit1]

Haven't signed yet.

Xdrive 28
M-sport
Ultimate
Htd seats
Alpine on black
$43k list
$40.5 asking
$39.5 after Ultimate Drive incentive
$2K down
$700 @ signing taxes and tags
12k miles over 36
$468/month

Sounds like I might be able to do better. Dealer stock and missing lighting package. If I can get wheel insurance and roof rack ill sign, else ill order build to our specs.

[knight427]

I'm having problems back computing my deal to find the money factor. I think the problem stems from the sales tax, which is 6.5% in MN, but a few counties and cities have local taxes (but not me). So I think maybe he computed the tax using the wrong rate. Here is what he emailed to me:

X1 x28

36 months
10k miles/yr

Upfront:
+tax - $1,151
+Acquisition fee - $925
+1st Months payment - $418
+Security Deposit - Waived ($0)
+Titling - $55
+License - $448
+Down Payment: $1,750
Total: $4,747

Payment: $418

MSRP: $35,875
Selling price: $34,975
Residual Value: $21,525

12k miles changes the residual to $21,166 which results in a $428 payment.

Certainly there is room for improvement on the Selling Price and Acquisition Fee, but I can't figure out the money factor. Here is Minnesota's leased sales tax law (paid up front, not monthly unless you roll it into the lease)
https://dps.mn.gov/divisions/dvs/for...edVehicles.pdf

Help and opinions would be appreciated.

Edit: my tax info was outdated, tax in MN is 6.875%. He also gave the MF: 0.00167, plus there as $75 doc fee I didn't have accounted for.
Despite having all this, I still can't get my calculator apps or Xcel spreadsheet to work out properly. This is highly frustrating.