Is this lease deal decent?

Leonardo629 · 02-11-2007, 05:37 PM

I just got off the phone with my contact at BMW

2007 BMW 335 coupe

metallic paint
auto w/ paddle
premium
sport

$700/month tax included
12,000mi/year for 36 months
$2500 drive off

please chime in

Ryan 330i · 02-11-2007, 05:52 PM

sounds about right...

SteveMD · 02-11-2007, 07:20 PM

Impossible to tell. What was the negotiated price of the car?

What was your money factor? What was your residual? What was your acquisition fee?

Dollar Bill · 02-11-2007, 07:44 PM

I agree that it sounds about right. Do you have the additional finacial details? More importantly how fast can you get it?

mvbmw · 02-11-2007, 10:39 PM

I think you can do much better. Ordered almost the same car, except no auto but has nav, comfort access and heated seats , which adds about $2,000 net to the car.

MSRP $48,320
$660/month tax included
12,000mi/year for 36 months
$2300 drive off

Leonardo629 · 02-13-2007, 02:54 AM

What was the negotiated selling price of the car ($xxx off MSRP)?

thanks

Quote:

Originally Posted by mvbmw

I think you can do much better. Ordered almost the same car, except no auto but has nav, comfort access and heated seats , which adds about $2,000 net to the car.

MSRP $48,320
$660/month tax included
12,000mi/year for 36 months
$2300 drive off

imolazhp_ci · 02-13-2007, 03:00 AM

yeah that seems terribly high. that should be closer to $625...

imolazhp_ci · 02-13-2007, 03:01 AM

Quote:

Originally Posted by mvbmw

I think you can do much better. Ordered almost the same car, except no auto but has nav, comfort access and heated seats , which adds about $2,000 net to the car.

MSRP $48,320
$660/month tax included
12,000mi/year for 36 months
$2300 drive off

THAT sounds about right.

SteveMD · 02-13-2007, 10:48 AM

Quote:

Originally Posted by Leonardo629

What was the negotiated selling price of the car ($xxx off MSRP)?

thanks

Dude, you're supposed to tell us! How the hell do we know

Too funny.

DocRoss · 02-13-2007, 10:51 AM

Quote:

Originally Posted by mvbmw

I think you can do much better. Ordered almost the same car, except no auto but has nav, comfort access and heated seats , which adds about $2,000 net to the car.

MSRP $48,320
$660/month tax included
12,000mi/year for 36 months
$2300 drive off

Your deal was pretty darn good. I think the OP's numbers sound about right, considering we don't really have the necessary financial metrics to make a more objective and informed assessment.

SteveMD · 02-13-2007, 12:19 PM

Quote:

Originally Posted by DocRoss

Your deal was pretty darn good. I think the OP's numbers sound about right, considering we don't really have the necessary financial metrics to make a more objective and informed assessment.

I agree it is hard to tell without all the info. For example, my car stickered at $45K, $3K less. My payment is $494 plus tax. Nothing down except security etc.

Is his still good at $660?

It's worthless making assumptions on leases until all the info is known.

mvbmw · 02-14-2007, 01:55 PM

Quote:

Originally Posted by Leonardo629

What was the negotiated selling price of the car ($xxx off MSRP)?

thanks

The negotiated selling price was $45,850. That is about $2,500 off MSRP. Considering I live in NYC, I think its a good deal since most dealers didn't want to take off anything and there's a wait. NYC tax rate is 8.375%. If I paid taxes upfront, I would be paying about $600 a month.

Residual Value - 60%
Money Factor - .00175
Acquistion Fee - $625

These are set by BMWFS.

mvbmw · 02-14-2007, 02:02 PM

Quote:

Originally Posted by SteveMD

I agree it is hard to tell without all the info. For example, my car stickered at $45K, $3K less. My payment is $494 plus tax. Nothing down except security etc.

Is his still good at $660?

It's worthless making assumptions on leases until all the info is known.

Are you talking about a 330 sedan? The resdiual for the sedan is 3% higher than the coupe. I could of saved almost $50 a month going with the sedan plus I could have negiotated more since they are not in high demend.

You are comparing apples and oranges when you start mixing models.

SteveMD · 02-14-2007, 05:22 PM

Quote:

Originally Posted by mvbmw

Are you talking about a 330 sedan? The resdiual for the sedan is 3% higher than the coupe. I could of saved almost $50 a month going with the sedan plus I could have negiotated more since they are not in high demend.

You are comparing apples and oranges when you start mixing models.

I totally agree but my point is that responses like "yeah that sounds about right" when not all the info is known, is not helping the OP in the least bit. For example: who knows what the tax in in California is and how it is applied to a lease? Do you know what it is for Maryland?

02-11-2007, 05:37 PM	#1
Leonardo629 Lieutenant Colonel 170 Rep 1,788 Posts Drives: 2013 M3 Coupe Join Date: Sep 2006 Location: Taiwan iTrader: (10)	Is this lease deal decent? I just got off the phone with my contact at BMW 2007 BMW 335 coupe metallic paint auto w/ paddle premium sport $700/month tax included 12,000mi/year for 36 months $2500 drive off please chime in
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02-11-2007, 05:52 PM	#2
Ryan 330i Major 57 Rep 1,181 Posts Drives: '09 E93 335i Join Date: Jun 2006 Location: San Francisco \| LA \| Oregon iTrader: (0)	sounds about right... __________________ 2009 E93 335i \| Jet \| Black Dakota \| Grey Poplar \| ZPP \| ZSP \| ZCW \| Step \| Paddles \| i-Drive \| CA \| Sirius \| HD \| Logic7 \| 06FL \| 06NF \| PDC \| OEM Alarm \| LUX Retired: 2007 E92 335i Retired: 2006 E90 330i
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02-11-2007, 07:20 PM	#3
SteveMD Colonel 202 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	Impossible to tell. What was the negotiated price of the car? What was your money factor? What was your residual? What was your acquisition fee? __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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02-11-2007, 07:44 PM	#4
Dollar Bill Private First Class 6 Rep 157 Posts Drives: 335 coupe Join Date: Jan 2007 Location: Connecticut iTrader: (1)	I agree that it sounds about right. Do you have the additional finacial details? More importantly how fast can you get it? __________________ 2011 / 335is Coupe (M Package) / AW / Blk Dakota Leather / Conv., Cold Weather & Premium Packages / 6-speed MT/ I Drive Retired 07-335, 04-325, 98-323ci, 80-320i, 79-635CSI
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02-11-2007, 10:39 PM	#5
mvbmw Private 3 Rep 78 Posts Drives: 2007 e92 Join Date: Jan 2007 Location: New York iTrader: (0)	I think you can do much better. Ordered almost the same car, except no auto but has nav, comfort access and heated seats , which adds about $2,000 net to the car. MSRP $48,320 $660/month tax included 12,000mi/year for 36 months $2300 drive off __________________ 335i Coupe - Monaco Blue/ Saddle/ Walnut Ordered: 2.5.07 - Prod Date: 3.14.07 - Production Completed: 3.20.07 - Shipped on Integrity: 3.27.07 - Docked: 4.10.07 - Deliveried: 4.16.07
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02-13-2007, 03:00 AM	#7
imolazhp_ci Major 29 Rep 1,002 Posts Drives: Z4 M Coupe Join Date: Jan 2007 Location: orange county iTrader: (0)	yeah that seems terribly high. that should be closer to $625...
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