Lease advice

enabl3D · 07-21-2009, 09:48 PM

2009 335i manual

Thanks

Schmed · 07-22-2009, 08:54 AM

- It's not recommended to put money down on a lease - your $2000 trade in and $3000 down will be money down the toilet if you total your car, for example. Instead, put the cash down in the form of security deposits to lower your money factor - ask the finance guy - this is a BMW FS option.

- If this is a sedan, with no money down, your lease (without taxes) should be around $760/month. Coupe will be less due to higher residuals and lower money factor from BMW FS.

djalap · 07-23-2009, 12:37 PM

there is enough info out there to find the residual % for this car, the money factor, as well as the invoice price.

calculate the invoice price on edmunds.com based on the options you have. it is accurate.

i recently just ordered a 328i, and all the info i found online (the 3 things i mentioned) were accurate. my dealer even tried to charge me .0018 money factor instead of .0015, and i called him out on it. the more you know the better.

07-21-2009, 09:48 PM	#1
enabl3D New Member 1 Rep 5 Posts Drives: 335i Join Date: Jul 2009 Location: SoFla iTrader: (0)	Lease advice 2009 335i manual Thanks Last edited by enabl3D; 02-23-2010 at 04:29 PM..
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07-22-2009, 08:54 AM	#2
Schmed Private First Class 21 Rep 191 Posts Drives: E30M3, E70X5, F25X3 Join Date: Jan 2008 Location: Rocky Mountains iTrader: (1)	- It's not recommended to put money down on a lease - your $2000 trade in and $3000 down will be money down the toilet if you total your car, for example. Instead, put the cash down in the form of security deposits to lower your money factor - ask the finance guy - this is a BMW FS option. - If this is a sedan, with no money down, your lease (without taxes) should be around $760/month. Coupe will be less due to higher residuals and lower money factor from BMW FS. __________________ 2013 X3 3.5 \| SAP \| DHP \| NAV \| CWP \| AW \| Mojave
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07-23-2009, 12:37 PM	#3
djalap New Member 0 Rep 8 Posts Drives: Pending Join Date: Jul 2009 Location: NJ iTrader: (0)	there is enough info out there to find the residual % for this car, the money factor, as well as the invoice price. calculate the invoice price on edmunds.com based on the options you have. it is accurate. i recently just ordered a 328i, and all the info i found online (the 3 things i mentioned) were accurate. my dealer even tried to charge me .0018 money factor instead of .0015, and i called him out on it. the more you know the better.
	Appreciate 0 Quote