[isabayo]

Leasing vehicles is totally new to me. I've been doing some research on how leasing works but I dont fully understand what is due at lease signing. I plan on putting a zero to $2000 down payment. Are there other fees due at signing? What are they? Thanks

[karliejai]

go sit down with a salesman and tell him to write down EVERYTHING that ur paying when you pick up the car.

http://www.leaseguide.com/lease01.htm

[valdeztke]

Originally Posted by karliejai

go sit down with a salesman and tell him to write down EVERYTHING that ur paying when you pick up the car.

http://www.leaseguide.com/lease01.htm

then come back here show us the numbers. We'll tell you whether or not you are getting a deal

[isabayo]

I got quoted $44605 for a 08 AW 335i Coupe with ZSP, ZCW, Comfort Access, Navigation, and the IPOD adapter. Thats $1820 off. I'm going to try to get $2500 off, you guys think its possible?

[Aija]

Originally Posted by day1yun

I got quoted $44605 for a 08 AW 335i Coupe with ZSP, ZCW, Comfort Access, Navigation, and the IPOD adapter. Thats $1820 off. I'm going to try to get $2500 off, you guys think its possible?

1820 off sticker is decent. In California/New York you can possible get more than 2k off sticker but in some states, they wont bulge much off MSRP.


When dealing, I would recommend to agree X amount over invoice, not x amount off MSRP. For example, the offers i made to dealers was 1500 dollars above invoice (which was 2100 off MSRP).

[phantom330]

the only thing you HAVE to put down at lease signing is your first payment and a security deposit if applicable.

[Mace]

Originally Posted by phantom330

the only thing you HAVE to put down at lease signing is your first payment and a security deposit if applicable.

Ahhh..welllllll. Yes, first payment and security deposit (except for lease loyalty program) but that's only if you put everything else into the lease and I think there are some states that won't let you do that. Don't forget you have lease origination, registration, training, MACO, Doc, Advertising, etc. Make sure your CA gives you precise and complete accounting of exactly what you're expected to pay before you walk out the door.

As far as "down payments" are concerned remember this is not a purchase agreement. Your "down payment" is actually buying down the capitalized cost of your car. Your payments will be cheaper but if you total the car you'll lose the entire amount. Look at doing multiple security deposits to reduce your money factor. You get the security deposits back at the end of the lease (or if you total your car).

Do a search here on E90 and Bimmerfest.com, there is lots of leaseing information that you really, really, need to study before you commit to a lease.

[isabayo]

It appears MD charges tax based on the full price price of the car. That doesnt seem right to me, I'm not buying the car, I'm only leasing it.

[alby on boost]

Originally Posted by Mace

Ahhh..welllllll. Yes, first payment and security deposit (except for lease loyalty program) but that's only if you put everything else into the lease and I think there are some states that won't let you do that. Don't forget you have lease origination, registration, training, MACO, Doc, Advertising, etc. Make sure your CA gives you precise and complete accounting of exactly what you're expected to pay before you walk out the door.

As far as "down payments" are concerned remember this is not a purchase agreement. Your "down payment" is actually buying down the capitalized cost of your car. Your payments will be cheaper but if you total the car you'll lose the entire amount. Look at doing multiple security deposits to reduce your money factor. You get the security deposits back at the end of the lease (or if you total your car).

Do a search here on E90 and Bimmerfest.com, there is lots of leaseing information that you really, really, need to study before you commit to a lease.

great info.

can you link me to some of these guides?

[alby on boost]

actually, nvm!

i was reading through the suggested leaseguide.com and its really helpful!

[TurboFan]

Read this. It'll answer 99% of your questions.

http://www.e90post.com/forums/showthread.php?t=86146