330xi ED lease questions/advice please

mikepro · 07-12-2006, 01:28 PM

OK, I've been looking at the nice lease MF on the 330xi, (basically giving you AWD for free vs. the regular 330i), and have almost convinced myself I should lease one doing European Delivery. I've never leased a vehicle before, but have been playing around with the spreadsheets until I am nearsited. Just want to ask a couple of questions and check some assumptions before I talk to the dealer.

Going with AWD so I won't have to worry about possible winter pickup, and won't have to buy winter tires that I will only use for two seasons. Also, 2 years seems best ED value, and shouldn't wear out the tires over this time.

So, some questions:

- First, can I lock in the current MF and place the order for an '06 now?
- Any reason not to expect 0 MF markup on an ED deal (not counting the included .0003 ED markup) , even if it is only about 1k over invoice? My credit is great.
- Any fees besides inception fee that are valid or that might try and get snuck in? (besides title, etc)
- Can I buy extra miles anytime during the lease for .16/mile if I need them, or is this only at the very beginning?
- Any reasons for dealer to be reluctant about MSD's?
- What if dealer doesn't want to budge off of ED MSRP, saying it already has a discount?
- Anyone have trouble when turning their lease car in with the front license plate holes?
- What is the best tactic to approach this deal. Should I just lay out all of the numbers like I have below and say this is the deal I want, lets write it up.
- Why wouldn't a dealer jump on this deal? It doesn't come out of their allocation, and they should make money on it. (Maybe not as much as a regular purchase, but still...)

Oh yeah, one more... what are (if any) the differences insuring a leased vehicle vs. a purchased/financed vehicle?

Many Thanks!

2 year, 24k mile lease
residual: 74%
Base MF: .00175
ED markup: .0003
Other markup: 0
7 MSD discounts: .00007 *7 = .00049
Final MF: .00126

MSRP: $45145
Negotiated price: $40,570 (1130 over ED invoice. I'll try for 1k over, but padding it a little bit)
Inception Fee: 625
Cap Cost Reduction: 0
Adj. Cap Cost: $41195
Residual: 33407
tax rate: 6%
Monthly payment: $467.32
Total payments: $11215.66

The car: 330xi, manual, premium, cold, nav, metallic, park distance, nav, sat prep. destination. MSRP $45145, ED Invoice $41370.

07-12-2006, 01:28 PM	#1
mikepro Enlisted Member 0 Rep 33 Posts Drives: Volvo S60 2.5T Join Date: Jun 2006 Location: Ann Arbor, MI iTrader: (0)	330xi ED lease questions/advice please OK, I've been looking at the nice lease MF on the 330xi, (basically giving you AWD for free vs. the regular 330i), and have almost convinced myself I should lease one doing European Delivery. I've never leased a vehicle before, but have been playing around with the spreadsheets until I am nearsited. Just want to ask a couple of questions and check some assumptions before I talk to the dealer. Going with AWD so I won't have to worry about possible winter pickup, and won't have to buy winter tires that I will only use for two seasons. Also, 2 years seems best ED value, and shouldn't wear out the tires over this time. So, some questions: - First, can I lock in the current MF and place the order for an '06 now? - Any reason not to expect 0 MF markup on an ED deal (not counting the included .0003 ED markup) , even if it is only about 1k over invoice? My credit is great. - Any fees besides inception fee that are valid or that might try and get snuck in? (besides title, etc) - Can I buy extra miles anytime during the lease for .16/mile if I need them, or is this only at the very beginning? - Any reasons for dealer to be reluctant about MSD's? - What if dealer doesn't want to budge off of ED MSRP, saying it already has a discount? - Anyone have trouble when turning their lease car in with the front license plate holes? - What is the best tactic to approach this deal. Should I just lay out all of the numbers like I have below and say this is the deal I want, lets write it up. - Why wouldn't a dealer jump on this deal? It doesn't come out of their allocation, and they should make money on it. (Maybe not as much as a regular purchase, but still...) Oh yeah, one more... what are (if any) the differences insuring a leased vehicle vs. a purchased/financed vehicle? Many Thanks! 2 year, 24k mile lease residual: 74% Base MF: .00175 ED markup: .0003 Other markup: 0 7 MSD discounts: .00007 *7 = .00049 Final MF: .00126 MSRP: $45145 Negotiated price: $40,570 (1130 over ED invoice. I'll try for 1k over, but padding it a little bit) Inception Fee: 625 Cap Cost Reduction: 0 Adj. Cap Cost: $41195 Residual: 33407 tax rate: 6% Monthly payment: $467.32 Total payments: $11215.66 The car: 330xi, manual, premium, cold, nav, metallic, park distance, nav, sat prep. destination. MSRP $45145, ED Invoice $41370.
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