Last week, I finally drove home in a
2011 M56 in
Malbec Black that includes the Premium, Technology, and Deluxe Touring packages (but no Sport pkg), rear spoiler, illuminated kick plates, splash guards, vehicle alarm impact sensor, first aid kit, and trunk netting.
MSRP was
$66,300 (which includes the $865 destination charge).
Using VPP Plan D, the price fell to
$60,762.
Additional reductions/costs included -$1,000 loyalty cash, +$695 for LoJack, +$815 for DMV, +$195.68 for tax on capitalized cost reduction, +$4.39 for sales tax paid in advance, +$45 for document preparation fee, and +$8.75 California tire fee, making the gross cap cost
$62,053.
I put down $3,000 to cover the first monthly payment and all the "drive-off" fees above, resulting in a final adjusted cap cost of $60,046.
The residual value is $35,802, the rent charge was $6,072.84, and the lease term was 36 months @ 15,000 miles which resulted in a monthly payment of
$924.25.
Money factor was 0.00176 (4.22%) and the Residual Value was 54%.
![Image](http://www.citationator.com/m56/M56_Malbec-Black4.jpg)