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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > What do you guys think about this lease???



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      04-12-2007, 12:14 PM   #1
AW335TT
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What do you guys think about this lease???

MSRP 42,650
Selling price 42,250
2500 down
36 months
12k miles per year
$630 per month including tax.
Money Factor 00215....he said there is no way ill get a 00185
60% Residual

He is going to talk to his Manager today to see if he can get me under $600.
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Last edited by AW335TT; 04-12-2007 at 12:35 PM..
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      04-12-2007, 12:21 PM   #2
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assuming coupe?
MSRP?
Money factor?
Residual?
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      04-12-2007, 12:47 PM   #3
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Quote:
Originally Posted by LI E90 View Post
assuming coupe?
MSRP?
Money factor?
Residual?
Edited****
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      04-12-2007, 01:01 PM   #4
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Is that 2500 down your total out of pocket? Or is it in addition to inceptions?

Best Regards,
JoeS
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      04-12-2007, 01:03 PM   #5
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Quote:
Originally Posted by JoeS View Post
Is that 2500 down your total out of pocket? Or is it in addition to inceptions?

Best Regards,
JoeS
I think he put 2500 due at signing so im thinking its including everything..but I am going to but 2500 down plus everything else.
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      04-12-2007, 01:18 PM   #6
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make sure u check with him on the $2500.
I cant say if it's a good deal until I know whether it's $2500 down, the tax rate, all that stuff.

But as far as I can tell, $400 off MSRP is a bad deal. Why not hit up Will@Longbeach and see what he can do for you?
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      04-12-2007, 01:25 PM   #7
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Here is what your best target should be:

1. Price: $1000 above the invoice (sometimes unrealistic)
2. No dealer mark up on the BMWFS-approved current lease rate.
3. No hidden fees.

Your numbers look pretty high to me. Divide 2500 by 36 and you will get an additional $70 a month for the total of $700.

Try to take advantave of the MSD (mulitple security deposit) program.
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      04-12-2007, 01:27 PM   #8
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Quote:
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Try to take advantave of the MSD (mulitple security deposit) program.

Yes this will help you out a lot!!!
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      04-12-2007, 03:01 PM   #9
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Quote:
Originally Posted by BMWE90 View Post
make sure u check with him on the $2500.
I cant say if it's a good deal until I know whether it's $2500 down, the tax rate, all that stuff.

But as far as I can tell, $400 off MSRP is a bad deal. Why not hit up Will@Longbeach and see what he can do for you?
Because its going to take about another 2 months...My car is at the dealer right now waiting for me. Also the 2500 was TOTAL due at signing not just the down payment.
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      04-13-2007, 07:26 AM   #10
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Quote:
Originally Posted by AW335TT View Post
Because its going to take about another 2 months...My car is at the dealer right now waiting for me. Also the 2500 was TOTAL due at signing not just the down payment.
Not the best deal you could get, but if the car is in and you can afford the payments, and you want this car so bad that you can't wait another day....then go ahead and pull the trigger.

Don't worry what other's think about the deal. Get enjoyment from your car and don't advertise what you paid. It's nobody's business.
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      04-13-2007, 01:43 PM   #11
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Quote:
Originally Posted by STE92VE View Post
Not the best deal you could get, but if the car is in and you can afford the payments, and you want this car so bad that you can't wait another day....then go ahead and pull the trigger.

Don't worry what other's think about the deal. Get enjoyment from your car and don't advertise what you paid. It's nobody's business.
+1

You're the only one who can judge if you got a good deal, and it's not just money that matters. For example, I would say that I got a better financial deal than you did, but I'm doing ED, and I ordered in January and am picking it up in May. Do I mind waiting? Not at all- in fact, I wanted to push the delivery date back even farther if I could have. But your car is waiting for you on the lot, and there's value in driving your car home the day you buy it. Is it worth what you are going to pay? If you decide to pay it, it is, by definition, worth it to you. If not, it's not. That's how capitalism works.
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      04-13-2007, 02:14 PM   #12
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Just as a reference I got a car MSRPed at $43,390 (335i Cp)

I have a 36mo lease with 12K/yr

I paid $800 when I signed the deal and will make additional 35 payments of $590/mo and this includes 5% tax.
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      04-13-2007, 04:54 PM   #13
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Quote:
Originally Posted by noro View Post
Just as a reference I got a car MSRPed at $43,390 (335i Cp)

I have a 36mo lease with 12K/yr

I paid $800 when I signed the deal and will make additional 35 payments of $590/mo and this includes 5% tax.
800?? well minimal drive off is like $1,900 and my sales tax is 8.25%. Either way the dealer is not even thinking of negotiating...when i went to look at my car there were 3 sales man around it showing it to their clients incase i didnt get it.
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      04-14-2007, 12:18 AM   #14
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Well i ended up paying $599 including everything.
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      04-14-2007, 03:29 AM   #15
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I live in So. Cal as well, this is the deal I got through my trusted guy (I leased a 330i from him last August).

335i coupe
metallic paint
automatic
sport pkg
premium pkg

$1500 drive off

$675/month tax included
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      04-14-2007, 12:53 PM   #16
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So Cal here also looking at the 335 coupe. Got the following on a 12k/36mo. Includes pretty much everything except Active Steer and Active Cruise. (Still awaiting details on MF/Res). Something seems odd about the #s but Ill have to wait until I get ALL the info.

MSRP = $52,620
Sell Price = $50,785
Total Due-on-delivery = $2,000
Monthly Payment (tax included ) = $792

Last edited by rebirth24; 04-14-2007 at 01:54 PM..
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      04-14-2007, 01:58 PM   #17
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I wouldn't put any money down. I always lease with 0 down, unless I have to put a deposit
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      04-14-2007, 02:06 PM   #18
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Agreed. I am planning on waiving the security deposit and rolling the aquisition fee into the payments. Any thoughts on that?
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