Leasing Procedure
When you get a new BMW X2, you should calculate the miles you will drive and the lease period.
Visit us to check on the BMW X2 and even get to take a test drive before initiating the process.
Afterward, pay attention to all the details, not only the monthly payments. Check on the percentage discount on the MSRP vs. capitalized cost.
Start negotiating a better lease by confirming the residual value and the money factor for the new BMW X2. It is advisable to suggest a monthly payment 20% lower than the amount quoted by the dealership.
After negotiations and agreeing, you can decide to test drive the vehicle again, then confirm the details with the financing department.
We advise shoppers to go through the lease terms and better understand leasing. They include:
- Capitalized Cost - This is the price that should be negotiated because it is the amount you will be paying for the car.
- MSRP - It is known as the manufacturer's retail price, which is non-negotiable.
- Residual Value - The price paid by the manufacturer to get the car at the end of the lease. The manufacturer sets this price. You can also confirm if we are using the correct residual.
- Money Factor - It represents the interest rate you will pay on the cash you borrow. The manufacturer also develops this rate.
Visit Circle BMW Today!
Visit Circle BMW in Eatontown and start the lease application process for the new BMW X2. Our financing team is available to take you through the process. Whether you're in Long Branch or Middletown, NJ, we provide test drives and much more.