You are on page 1of 1

Sale Price $ 63,000.

00
State Sales Tax 7.60%
Down Payment $ 13,000.00
Total Capitalized Cost $ 54,788.00

Months Financed 60.00


BMW Select Residual 37%
APR 2.99%
Traditionally Financed Portion $ 34,516.44
Balloon Payment Total $ 20,271.56

Monthly Interest on Balloon $ 50.51


Monthly Traditionally Financed $ 620.06
Total Monthly Payment $ 670.57

Total Cost of BMW Select Financing $ 60,505.87


Total Interest Paid for BMW Select $ 5,717.87
Versus Total Cost of Traditional Financing $ 59,053.51
Total Interest Paid if Traditionally Financed at Same APR $ 4,265.51
How much more interest do I pay with BMW Select vs Traditional? $ 1,452.36
Monthly Payment Difference vs. Traditional $ 313.65

You might also like