Quote:
Originally Posted by jmg
No, BMW cannot get state rebates because it is a direct check to the registered owne. On the registration, the leaser is still the owner, with BMWFS only listed as the leasing company. Unlike renting an apartment, the car leaser has rights under conditional "ownership" (the right to sell or buy, the right to tax credits and rebates etc).
My leasing contracts clearly stated cap cost and reductions. I know exactly what the selling price is and residual value based on MSRP...
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It's been a while since I leased, plus you're in CA, so who knows how things are done there, but usually registration isn't a sign (or proof) of ownership. It's just that, a registration. Residuals and other numbers are in any leasing contract, that's what defines your monthly and final (if any) payments.