View Single Post
      02-14-2011, 12:32 PM   #129
67R60's Avatar

Drives: 2014 535 MSport X Drive
Join Date: Mar 2008
Location: Seattle

iTrader: (1)

Originally Posted by sennett0r View Post
Ok now that I have the paper in front of me.

The Residual Factor is 57%.
The Money Factor is 1.35

The MSRP for this quote was $51,775.00

The Total Capitalized Cost (selling price) is $48,705.00

Drive off is $2189.84
Monthly Payment is $701.02

For the same car without Navigation it was $675 monthly and $2140 drive-off.
Using your numbers I get a payment of $638.73 plus tax. Your payment and drive off seam within a reasonable range to me. Drive off is first month lease payment, bank fee, doc fee, tire fees ect.

If it were me, I would try to reduce the CAP fee a to $48K, look at the drive off fees (doc fees are negotiable, but bank fee of $725 is not) and if you wanted to lower your payment, look at Multiple Security Deposits (MSD's) to reduce your money factor/ interest rate and roll all your drive offs into the lease.

If that is too much work, then your deal in my opinion is reasonable Have fun driving. That is a sweet set up.
Retired: 2008 335xi l Titanium Silver
Retired: 2011 335d l SpaceGrey on Black l Alum l Premium Package l Sport Package l Cold Weather l Paddles l Navigation l Satellite l IPOD l Comfort Access l Harmon Kardon

Current: 2014 535x l SpaceGrey on Black l M Sport | Hex l Premium Package l Cold Weather l Paddles l Harmon Kardon

Last edited by 67R60; 02-14-2011 at 07:44 PM. Reason: Wrong Lease Calc