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Post your 2011 Lease Deal
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02-22-2011, 05:20 PM | #155 |
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are you working with Ryan?
If not let me know i can get you set up. basically your paying x for the car during your lease, when you put more cap/downpayment your basically just lowering your monthly payment. for example if you put an extra 1k down your payment will go down 20 or so bucks. You still have to pay x for the lease your just putting more down upfront to lower your payment throughout the term of the lease. If you have anymore question let me know and ill get you all set up with Ryan, he is our sales manager and handles all the forum members he is the expert
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02-22-2011, 06:35 PM | #157 |
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SennettOr - I rolled all inceptions into the lease and decided to pay the bank fee $725 out of pocket and still came up with a $617/per month payment on 335d loaded. One caveat is I put down 7 MSD's to lower the interest rate (money factor).
You can roll everything into the lease payment. Cap Reduction is a way to reduce your monthly payment. Good luck..you are close to a new BMW
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03-23-2011, 07:34 PM | #158 |
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Bumping this thread back to life..it has a lot of good leasing information on it...
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03-23-2011, 07:35 PM | #159 |
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agreed
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BEFORE YOU BUY YOUR NEXT BMW, EMAIL OUR GUY KOTE FIRST! Kote M Sales:Kotem@bmwofcamarillo.com Cell:805-368-9101 vipfinance@bmwofcamarillo.com for warranties! |
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03-23-2011, 07:37 PM | #160 |
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Keep in mind that the lease rate, money factor, trunk money, incentives (such as free automatic transmission), etc are different every single month. It'd be good if sponsoring dealers can keep everyone updated of stuff like this because it DOES alter the lease payment by alot
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03-26-2011, 12:16 AM | #161 |
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Lease help
Currently have a 2011 X5 which I bought, and am looking at the following vehicle from a different dealer. Any thoughts or help would be much appriciated.
So I'm looking at a: 2011 335i Convertible with an MSRP of $60,500. Dealer says that they will sell it for 5% off, which comes to like $57,475. Asked dealer about a lease, and they quoted me "$830 / month with $1195 due at inception". What do you all think of this. I don't really ever lease anything, so this is new to me... Thanks much!!
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03-26-2011, 12:19 AM | #162 |
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if you like to shoot me your email address I can set you up with Ryan and he can give you a comparison quote if your interested? it may be better then you think and if not it will give you a good reference
you can also click in my signature and email Ryan directly just make sure you let him know your a forum member
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BEFORE YOU BUY YOUR NEXT BMW, EMAIL OUR GUY KOTE FIRST! Kote M Sales:Kotem@bmwofcamarillo.com Cell:805-368-9101 vipfinance@bmwofcamarillo.com for warranties! |
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03-26-2011, 11:54 AM | #163 | |
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Quote:
Then on to the lease. You need your dealer to give you the terms, how many months, money factor which is the interest rate, and the residual. After we get the terms, Only then can the lease be determined to be fair or not. By the way Golfrr quoted me a great deal right off the bat. Let us know what happens.
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04-03-2011, 03:10 PM | #164 |
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Ok. This is my lease deal.
MSRP $52,225 Purchase $46,695 (incl $1840 credit) Residual $33,303 MF 0.00161 (with 7 MSDs) Term 27 months Miles 20k/yr 0 down (other than acquisition) $624/mo Is it good??? |
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04-04-2011, 06:07 PM | #165 |
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2011 335xi Sedan Lease Deal
Just ordered a 335xi sedan with the following options and locked in March 2011 numbers:
Premium M-Sport Comfort Access Cold Weather H/K Stereo iPod Steptronic Metallic Paint The deal, including acquisition fee, MACO & Training, and X-Drive credit, came to $40 over invoice. I also got the OLP MF of .0016 (no mark up), which you need to ask for if you qualify for the program. My goal was to get this car for about $200 less than I paid, but well within my tolerance and given I didn't step foot in the dealership and completed the deal over the phone in 15mins easily offset the $200. Incredibly, this car costs ~$4,000 more than my previous 2008 335i sedan I leased in 2007, but the 10k/36month monthly lease payment (same lease for both cars) is ~$10/month LESS! Now I just have to wait 6-8 weeks for the thing to arrive! |
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04-05-2011, 08:42 AM | #166 | |
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Quote:
Thanks |
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04-05-2011, 10:15 AM | #167 |
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04-07-2011, 01:32 PM | #168 |
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Here the the deal offered to me, money down seems high...
MSRP -56,900 Sale Price -$55,850 Money Factor -.00169 Residual value -51% $29,019 Acquisition fee -$695 Dealer Doc fee- $195Plates $75 Registration- $69,50 Electronic filing- $19.50 Disposition -$350 Gap included Taxes -$1,670 36 month lease, 12,000 miles a year Taxes and fees included $5,000 due at signing $875/month payment Any idea on how I can get a better deal? Thanks much! |
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04-07-2011, 01:48 PM | #169 | |
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Most importantly, never put any money down on a lease. If the car is totaled or stolen, that money is gone. Instead, put the money in a bank account and draw down from it equally each month and apply it to the lease. Better yet, if a BMW, make multiple security deposits (MSD) to lower your Money Factor. You will get the money back at the end of the lease. |
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04-07-2011, 02:19 PM | #171 |
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Ah, that makes sense. Unfortunately, Audi provides terrible lease support, hence the low residual and high monthly payment. Love the S4, but for that kind of monthly lease, you could get into an M3.
335i X-Drive is a great car and lease support from BMW us pretty good. Currently, Steptronic auto transmission is a no charge option and as of March, BMW was offering an option credit for X-Drive essentially making that free. |
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04-07-2011, 04:39 PM | #172 |
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Epic...
...fail.
$5,000 down + $31,500 in payments = $36,500 to drive an S4 for 36 months?
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04-07-2011, 05:44 PM | #173 |
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04-07-2011, 06:34 PM | #174 |
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I was thinking the same thing. I test drove it today, nice car but I'm not looking to spend $875 a month to drive a $55,000 car.... I have always financed my cars but was looking at getting into leasing, just seems like a big headache.
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04-08-2011, 08:06 AM | #175 |
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Just picked up my first BMW yesterday, 2011 335d. Lease deal. Car has cold weather, premium, ipod/usb, Sat radio, heated wheel, Navigation, and black saphire paint. payment is $570/month with $700 up front, tax rolled in @ 8%. mf 0.00185. I really think I got a great deal, and drove 250 miles home on less than half a tank getting 33.5 mpg, averaging 78.4 mph..... pics soon
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04-08-2011, 11:48 AM | #176 |
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Golfrr I'm getting close to pricing/ordering my new 335, you ever sell to Texans?
Do you typically ship the car to out o' staters? What about registration, state taxes? PM if it's preferred, but I thought others might want to know the process too, as it looks like you help a lot of members here. Thx! |
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