View Single Post
      08-28-2013, 11:57 AM   #1
shag
pullin a boat
shag's Avatar
Canada
37
Rep
479
Posts

Drives: 2021 X3 M40i
Join Date: Jan 2008
Location: Canada

iTrader: (0)

Lease rate protection

Hi there,

Can someone explain to me how lease rate protection works when one orders a car from the factory? Obviously there is a freeze on both the residual value & APR, but what if both go down? Will I keep the old residual value with the new APR, or is it the lowest final payment? If the order is made in Aug but the car is delivered in Oct, if Sept numbers are better, will I get that deal? I've had different answers depending on the CA/dealer...

Thanks!
__________________

2021 X3 M40i, Phytonic/Cognac
Past:
2017 330i xDrive Touring M Sport, EBII, Dinan
2014 328d xDrive Touring M Sport, BSM/CR.
Appreciate 0