Got my lease rate for E92

Jch330 · 08-10-2006, 12:42 PM

My car is a 328i, MSRP came in just under $42,000.

The terms were: $3,500, 12,000 miles, 36 month. With tax, title, everything, he said it will be $579 per month, which is like $685 with zero down for a 328.

What do you guys think?

Pretender · 08-10-2006, 01:08 PM

Just buy the damn car, would ya?

BMW F22 · 08-10-2006, 01:09 PM

hmm...not bad for the time being considering it's a new model. Hey ever consider doing ED for it?? you'd save a bunch of money thus you might be lower your payment a bit. I think you can get the same payment (or lower) with no money down.

EDIT: you should really consider what Pretender said. While leasing will get you lower payments, when you add it all up you dont really save that much. Accord to your post you will end up paying about $24k over 3 years; that's 8k a year. You should just finance it another 2 years (2 x $8k=$16k) you can almost own your car since you would pay $40k at the end of 5 years. I think you should just buy it so you can do whatever you want to it. If after 2 years you decide that you no longer want the car, you can sell it since you're gonna lose the same amount $ in depreciation as leasing. G'luck with your decision.

ToddPhilly · 08-10-2006, 01:12 PM

Sounds steep with $3500 down. 579 sounds like a no money down payment to me.

liverpoolfc · 08-10-2006, 01:14 PM

Quote:

Originally Posted by Pretender

Just buy the damn car, would ya?

I agree

MIKEYMIKE · 08-10-2006, 01:15 PM

Get a 335i

NJjustin · 08-10-2006, 01:51 PM

eeek...

F32Fleet · 08-10-2006, 04:13 PM

Quote:

Originally Posted by Jch330

My car is a 328i, MSRP came in just under $42,000.

The terms were: $3,500, 12,000 miles, 36 month. With tax, title, everything, he said it will be $579 per month, which is like $685 with zero down for a 328.

What do you guys think?

I'm surprised..My SA said residuals for the E92 haven't been released

jojogargoles · 08-10-2006, 05:01 PM

buy the damn car!

Jch330 · 08-10-2006, 05:38 PM

I dont like to keep cars over 3 years, so there is no point in buying the car. I asked and my SA said the lease rate is better than the financing rate. Im surprised nobody else has heard anything about it. I just did a little research on bmwusa.com, for 20 bucks more a month i could get a 530i smg... kinda makes ya wonder

gohawks23 · 08-10-2006, 06:57 PM

Quote:

Originally Posted by Jch330

My car is a 328i, MSRP came in just under $42,000.

The terms were: $3,500, 12,000 miles, 36 month. With tax, title, everything, he said it will be $579 per month, which is like $685 with zero down for a 328.

What do you guys think?

I think you need to calculate the payment yourself with nothing down (putting $ down on a lease is a mistake). You better know negotiated cap, MF and residual along with acquistion to know what kind of 'deal' you are getting.

sstarch1 · 08-10-2006, 10:01 PM

If you want to keep a car for three years, selld it afterward.

horatiub · 08-11-2006, 08:57 AM

never put money down on a lease. Keep the money and invest it or put in a savings account

xG35c · 08-13-2006, 01:35 PM

Outrageous!
My 330i sedan with an MSRP of over $44k leased for 36mo/15k mi/yr, inception fees only, ended up at $559/mo, and I probably should have gotten it under $550. I realize the coupe is brand new, but I wouldn't pay over $550 for that car, especially a 328!

MrSilver · 08-14-2006, 07:31 AM

Quote:

Originally Posted by xG35c

Outrageous!
I realize the coupe is brand new, but I wouldn't pay over $550 for that car, especially a 328!

Then you won't be getting one for a while. Most dealers are getting MSRP for the coupe at release. Once the car is a bit older then I could see a $550.00 p/m lease payment, but not at release.

08-10-2006, 12:42 PM	#1
Jch330 Second Lieutenant 19 Rep 242 Posts Drives: E92 328, BS CB, CA, Nav, PDC Join Date: Apr 2006 Location: Palm Beach/ Bloomfield Hills, MI /Oxford, OH iTrader: (0)	Got my lease rate for E92 My car is a 328i, MSRP came in just under $42,000. The terms were: $3,500, 12,000 miles, 36 month. With tax, title, everything, he said it will be $579 per month, which is like $685 with zero down for a 328. What do you guys think?
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08-10-2006, 01:08 PM	#2
Pretender Colonel 159 Rep 2,419 Posts Drives: 06 330i, 07 328i, 16 X1, >17M2 Join Date: Aug 2005 Location: Bay Area, CA iTrader: (1) Garage List 06 330i [0.00]	Just buy the damn car, would ya? __________________ It's a great time to be alive
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08-10-2006, 01:09 PM	#3
BMW F22 Major General 3730 Rep 9,783 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	hmm...not bad for the time being considering it's a new model. Hey ever consider doing ED for it?? you'd save a bunch of money thus you might be lower your payment a bit. I think you can get the same payment (or lower) with no money down. EDIT: you should really consider what Pretender said. While leasing will get you lower payments, when you add it all up you dont really save that much. Accord to your post you will end up paying about $24k over 3 years; that's 8k a year. You should just finance it another 2 years (2 x $8k=$16k) you can almost own your car since you would pay $40k at the end of 5 years. I think you should just buy it so you can do whatever you want to it. If after 2 years you decide that you no longer want the car, you can sell it since you're gonna lose the same amount $ in depreciation as leasing. G'luck with your decision.
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08-10-2006, 01:12 PM	#4
ToddPhilly First Lieutenant 24 Rep 313 Posts Drives: BMW 335i Coupe Join Date: Mar 2006 Location: King of Prussia, PA iTrader: (0)	Sounds steep with $3500 down. 579 sounds like a no money down payment to me.
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08-10-2006, 01:15 PM	#6
MIKEYMIKE Lieutenant Colonel 69 Rep 1,516 Posts Drives: 330i 6mt Join Date: Oct 2005 Location: SoCal iTrader: (3)	Get a 335i
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08-10-2006, 01:51 PM	#7
NJjustin First Lieutenant 21 Rep 351 Posts Drives: AW 330i W/Sport Join Date: Jan 2006 Location: Jersey iTrader: (1)	eeek...
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08-10-2006, 05:01 PM	#9
jojogargoles Lieutenant 9 Rep 549 Posts Drives: 330i Join Date: Jun 2006 Location: sherman oaks, CA iTrader: (2)	buy the damn car! __________________ SpeedTool
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08-10-2006, 05:38 PM	#10
Jch330 Second Lieutenant 19 Rep 242 Posts Drives: E92 328, BS CB, CA, Nav, PDC Join Date: Apr 2006 Location: Palm Beach/ Bloomfield Hills, MI /Oxford, OH iTrader: (0)	I dont like to keep cars over 3 years, so there is no point in buying the car. I asked and my SA said the lease rate is better than the financing rate. Im surprised nobody else has heard anything about it. I just did a little research on bmwusa.com, for 20 bucks more a month i could get a 530i smg... kinda makes ya wonder
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08-10-2006, 10:01 PM	#12
sstarch1 From Russia With Boost 38 Rep 1,076 Posts Drives: E92 335i - Vroom Join Date: Jul 2006 Location: Alexandria, VA iTrader: (0) Garage List 2007 335i [0.00]	If you want to keep a car for three years, selld it afterward. __________________ 2007 BMW 335i - Delivered 9/8/06 Sparkling Grpahite with Black Leather/Aluminum Trim Premium Package, Sports Package, Comfort Access.
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08-11-2006, 08:57 AM	#13
horatiub Banned 40 Rep 269 Posts Drives: BMW 325i Join Date: Feb 2006 Location: Chicago iTrader: (0)	never put money down on a lease. Keep the money and invest it or put in a savings account
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08-13-2006, 01:35 PM	#14
xG35c Lieutenant 43 Rep 433 Posts Drives: 330i Join Date: Aug 2006 Location: NJ iTrader: (0)	Outrageous! My 330i sedan with an MSRP of over $44k leased for 36mo/15k mi/yr, inception fees only, ended up at $559/mo, and I probably should have gotten it under $550. I realize the coupe is brand new, but I wouldn't pay over $550 for that car, especially a 328!
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