335is lease -can someone verify my numbers?

DefBringer · 09-15-2010, 08:00 AM

I have tried two different lease calculators and I am coming up with the same number. The dealership is giving me an entirely different number that is $30 higher.

The deal:

335is Coupe - 15k miles/36 months
MSRP: 57325
Sale price: 51760 (includes mako, destination, training, everything)

Residual: 57%
Money Factor: .00150
Sales tax: 8.65

No cap reduction.

I'm getting a monthly payment of $721.
Dealership is quoting me invoice claim $753.

The dealer is a highly respected one on this forum.

Can someone plug my numbers into their calculator to see if they're getting what I'm getting?

E92Carrera · 09-15-2010, 10:23 AM

Did he give you those numbers in writing? Or did he just say he was giving you those numbers? I plugged in your numbers and I get $713.60 / month.

DefBringer · 09-15-2010, 10:27 AM

Quote:

Originally Posted by E92Carrera

Did he give you those numbers in writing? Or did he just say he was giving you those numbers? I plugged in your numbers and I get $713.60 / month.

He did not give me the break-down. He just sent me a form which shows the sales price of the vehicle vs MSRP, the lease terms, and the lease payment but not the lease calculation.

You're fairly certain your estimate is accurate? I feel guilty asking him to show me the breakdown but $35+ a month is a substantial difference over 3 years.

JakesterAZ · 09-15-2010, 10:42 AM

That sales price has to be off a bit. Invoice + destination + maco/training is more like 53,250

DCDeac · 09-15-2010, 11:29 AM

If they didn't quote you the money factor they may be reducing the sales price and making it up on an increased money factor. They have some play allowed in that number. I think they can jack it .0004 if they so desire.

E92Carrera · 09-15-2010, 03:22 PM

Yea, I'm using an excel spreadsheet but you can check the numbers.

When you say "everything" in sale price, does this include registration, license, 1st month payment, maco, training, etc?

Will you be paying any drive off fees? Or absolutely nothing (which means the fees were rolled into the lease)

Also, I optioned out a 335is with MSRP of $57,325, the invoice is $52,740. So I think that sale price is wrong. (Carprices.com)

___Calculations___
MSRP: 57325
Sale Price: 51760

Residual (57%): $32,675.25

Monthly Depreciation: $51,760(Sale Price) - $32,675.25(Residual) = $19,084.75 / 36 months = $530.13

Monthly Interest: $51,760 + 32,675.25 = 84,435.25 * 0.00150 = $126.65

Base Monthly: $530.13 + $126.65 = $656.78

Monthly Tax: $656.78 * 8.65 % = $56.81

Monthly Payment w/ Tax = $713.60

igom3 · 09-15-2010, 05:06 PM

713.60 and i'm using lease calculator(very accurate)

09-15-2010, 08:00 AM	#1
DefBringer First Lieutenant 35 Rep 318 Posts Drives: 07 335i coupe Join Date: Jun 2007 Location: Kansas City, MO iTrader: (0)	I have tried two different lease calculators and I am coming up with the same number. The dealership is giving me an entirely different number that is $30 higher. The deal: 335is Coupe - 15k miles/36 months MSRP: 57325 Sale price: 51760 (includes mako, destination, training, everything) Residual: 57% Money Factor: .00150 Sales tax: 8.65 No cap reduction. I'm getting a monthly payment of $721. Dealership is quoting me invoice claim $753. The dealer is a highly respected one on this forum. Can someone plug my numbers into their calculator to see if they're getting what I'm getting?
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09-15-2010, 10:23 AM	#2
E92Carrera First Lieutenant 14 Rep 335 Posts Drives: Black Sapphire E92 Join Date: Aug 2007 Location: LA iTrader: (1)	Did he give you those numbers in writing? Or did he just say he was giving you those numbers? I plugged in your numbers and I get $713.60 / month. __________________ 2014 F30 Estoril Blue 335i - M-Sport - Euro Delivery 2011 E92 Space Gray - M-Sport - Euro Delivery 2008 E92 Black Sapphire - Black Interior - Aluminum Trim
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09-15-2010, 10:42 AM	#4
JakesterAZ New Member 0 Rep 25 Posts Drives: 2011 e92 (On Order) Join Date: Sep 2010 Location: Tempe, AZ iTrader: (0)	That sales price has to be off a bit. Invoice + destination + maco/training is more like 53,250
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09-15-2010, 11:29 AM	#5
DCDeac Enlisted Member 9 Rep 33 Posts Drives: 2011 335i Join Date: Sep 2010 Location: Washington, DC iTrader: (0)	If they didn't quote you the money factor they may be reducing the sales price and making it up on an increased money factor. They have some play allowed in that number. I think they can jack it .0004 if they so desire.
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09-15-2010, 03:22 PM	#6
E92Carrera First Lieutenant 14 Rep 335 Posts Drives: Black Sapphire E92 Join Date: Aug 2007 Location: LA iTrader: (1)	Yea, I'm using an excel spreadsheet but you can check the numbers. When you say "everything" in sale price, does this include registration, license, 1st month payment, maco, training, etc? Will you be paying any drive off fees? Or absolutely nothing (which means the fees were rolled into the lease) Also, I optioned out a 335is with MSRP of $57,325, the invoice is $52,740. So I think that sale price is wrong. (Carprices.com) ___Calculations___ MSRP: 57325 Sale Price: 51760 Residual (57%): $32,675.25 Monthly Depreciation: $51,760(Sale Price) - $32,675.25(Residual) = $19,084.75 / 36 months = $530.13 Monthly Interest: $51,760 + 32,675.25 = 84,435.25 * 0.00150 = $126.65 Base Monthly: $530.13 + $126.65 = $656.78 Monthly Tax: $656.78 * 8.65 % = $56.81 Monthly Payment w/ Tax = $713.60 __________________ 2014 F30 Estoril Blue 335i - M-Sport - Euro Delivery 2011 E92 Space Gray - M-Sport - Euro Delivery 2008 E92 Black Sapphire - Black Interior - Aluminum Trim
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09-15-2010, 05:06 PM	#7
igom3 Major 76 Rep 1,147 Posts Drives: 02 E46M3 15 F80 M3 16 X5 35d Join Date: Mar 2009 Location: San Diego iTrader: (1) Garage List 2016 X5 35d [0.00] 2015 BMW M3 [0.00] 2002 E46 M3 [0.00]	713.60 and i'm using lease calculator(very accurate)
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