[Richard Head]

so how much are people paying for a lease on a 2011 335 xi?
here is what i was offered, $2000 down and $590 a month with 36000 miles for 3 yr lease. Good deal or bad?

[SteveMD]

There's no way of knowing without more info:

MSRP
Negotiated Price
Money Factor
Residual

That would help. If you don't know just one of those 4 important lease factors, you left money on the table. Guaranteed.

[Richard Head]

It's actually a 2012 (cold weather and premium package with nav and ipod, silver mettalic).

MSRP 51,900
Incentives 5,900
Negotiated Price 46,000
Residual Value 31,170
Money Factor ??

[67R60]

[QUOTE=Richard Head;10636673]It's actually a 2012 (cold weather and premium package with nav and ipod, silver mettalic).

MSRP 51,900
Incentives 5,900
Negotiated Price 46,000
Residual Value 31,170


Google car leasing for dummies and read. If you don't know what money factor is, that means you don't know what you are signing for. No one can tell you if you are getting a good deal without all the info.

[Tim2189]

Originally Posted by Richard Head

It's actually a 2012 (cold weather and premium package with nav and ipod, silver mettalic).

MSRP 51,900
Incentives 5,900
Negotiated Price 46,000
Residual Value 31,170
Money Factor ??

The MF your dealer is charging is .00195 which is the going rate if you are not a BMW loyal customer.

That looks like a good deal to me if the $2000 is your inceptions and not a down payment

[SteveMD]

This is why dealers love leasing cars.

[Tennberg]

Originally Posted by SteveMD

This is why dealers love leasing cars.

And this is why they hate people like me who know what a money factor is, who know how to use the internet to research prices, and who know exactly how to calculate a monthly lease payment right down to the penny.

This is also why I walked out of my dealer when he "magically" added more money to the price we agreed upon and refused to show me their lease worksheet.