[x5love]

Hey hey,

I've been researching around a lot cause I'm planing on leasing a 335 vert when they come out in march/april. my problem is that I want the car right away but don't want to pay a really high lease rate, I know demand is going to be crazy. I'm exploring my options and came across ED.

Can someone please explain to me what ED actually entails, the process etc? Why is it cheaper than normal leasing? How much cheaper can I expect my lease to be?

Thanks thanks

[x5love]

p.s. I know a lot of you guys are going to tell me to use the search button, or give me a link to the search window.

trust me i've been searching but I haven't found any clear concrete answers.

[BMW F22]

It'd be quite a bit cheaper with ED. The residual is calculated based on US MSRP. Since there's a diff. of a few thousand dollars, your lease rate will be cheaper.

[Lassaxi]

What ED entails is that you order your car through your regular dealer, and instead of having the car delivered to your delaer in 2-3 months, you fly to Munich to "pick it up." "Pick it up" means you take ownership, drive it, and drop it off at a shipping point for transit back to the U.S. Shipping is included in the price of the car. 14 days of German car insurance are also included for free, and you can buy more if you want. 4-6 weeks after you drop the car off, it will arrive at your local dealer, and you take "redelivery."

ED leasing isn't cheaper than normal leasing per se. With ED, you get a ~7% discount on the base price of the car, which translates to a cheaper lease for that reason, not because of anything inherent in the lease process. The money factor on an ED car is actually a bit higher than for a non-ED car, in part because BMW makes your second lease payment for you while the car is in transit back to the U.S. As others have said, make sure you get your residual calculated based off of U.S. MSRP, and not ED MSRP to get the maximum benefit.

[IrvRobinson]

Originally Posted by Lassaxi

What ED entails is that you order your car through your regular dealer, and instead of having the car delivered to your delaer in 2-3 months, you fly to Munich to "pick it up." "Pick it up" means you take ownership, drive it, and drop it off at a shipping point for transit back to the U.S. Shipping is included in the price of the car. 14 days of German car insurance are also included for free, and you can buy more if you want. 4-6 weeks after you drop the car off, it will arrive at your local dealer, and you take "redelivery."

ED leasing isn't cheaper than normal leasing per se. With ED, you get a ~7% discount on the base price of the car, which translates to a cheaper lease for that reason, not because of anything inherent in the lease process. The money factor on an ED car is actually a bit higher than for a non-ED car, in part because BMW makes your second lease payment for you while the car is in transit back to the U.S. As others have said, make sure you get your residual calculated based off of U.S. MSRP, and not ED MSRP to get the maximum benefit.

+ 1

redelivery is closer to 8 weeks for west coast cars.

[FunRevn]

Is that right.... About the MF being higher for ED leased cars? How much more? I have a car scheduled for June and Nothing was mentioned that the MF would be any dif from a US lease. Thanks.

[IrvRobinson]

While the ED lease gets the rate adder,it's still less money since the USMSRP is what the residual is based on and the ED selling price is substantially less than the US price,so it's a very good savings and the ED department with handle over 3K ED's this year,look at my web site,it's dedicated to European delivery

[Lassaxi]

I don't recall what the adder is exactly off the top of my head, but it's not terribly significant. I remember calculating at the time that it would add less than a thousand dollars over the lifetime of a 3-year lease, which is in part made up for by the fact that BMW makes a payment for you. The additional cost is a bit more than the value of the payment that BMW makes for you, but not by very much. Don't forget too that with ED, BMW is paying for 14 days of insurance, plus there is a significant amount of additional processing and paperwork required.

As Irv said, you'll save more money making sure that the residual is calculated based on US MSRP than you will lose by the ED MF adder. It's still a great deal overall, and not worth fretting about.

[FunRevn]

Thanks.. I still very excited to pick up my car this summer.

[abc]

Originally Posted by Lassaxi

I don't recall what the adder is exactly off the top of my head, but it's not terribly significant. I remember calculating at the time that it would add less than a thousand dollars over the lifetime of a 3-year lease, which is in part made up for by the fact that BMW makes a payment for you. The additional cost is a bit more than the value of the payment that BMW makes for you, but not by very much. Don't forget too that with ED, BMW is paying for 14 days of insurance, plus there is a significant amount of additional processing and paperwork required.

As Irv said, you'll save more money making sure that the residual is calculated based on US MSRP than you will lose by the ED MF adder. It's still a great deal overall, and not worth fretting about.

thx for all ur info.