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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Is this a good lease deal???



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      05-08-2012, 04:47 PM   #1
beemer11
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Is this a good lease deal???

this is my first time leasing and im wondering if this is a good lease deal?? its a 2012 335xi coupe. it has m sport package, premium package, navigation, satellite radio and harman kardon. MSRP is 55,920.00 My lease deal is 710 a month 36 months 10,000 miles a year with 5,000 total out of pocket. i also have 2000 in negative equity on my trade...what do you guys think??
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      05-08-2012, 05:36 PM   #2
ppatel223
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Lease is 100% tax deductible.
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      05-08-2012, 05:40 PM   #3
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That is a lousy lease deal!
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      05-08-2012, 05:58 PM   #4
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Quote:
Originally Posted by ppatel223
Lease is 100% tax deductible.
It only applies to a corporate fleet or business expense
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      05-08-2012, 06:00 PM   #5
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Quote:
Originally Posted by project6
That is a lousy lease deal!
Have to agree here. What is negotiated price on the car?
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      05-08-2012, 06:00 PM   #6
beemer11
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what would be a good monthly payment for that car??
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      05-08-2012, 06:15 PM   #7
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51500
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      05-08-2012, 06:51 PM   #8
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I'm currently paying $650 inlcuding tax (around 9.7%) on a 36 months lease with 15k miles per year on 2011 E92 335i with MSRP of $55,450. I put zero down on my lease.
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      05-08-2012, 06:51 PM   #9
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710*12*3=$25560 + $5k out of pocket = 30560 plus ure 2k negative equity... not including taxes and fees.... IMO buy a used one. cheaper and u can get CPO
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      12-04-2012, 01:10 AM   #10
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Hi Guys,
I'm new to leasing, can someone please tell me if this is a good deal?
I thought it is a good deal but my cousin said that for $511 it is not,
I'm looking for a second opinion.

BMW 335i Coupe/LeMansBlue/Convenience/MSportPkg/Nav/BMWApps/RubberFloormats
39 Mo/ 10K miles
Monthly Payment - $511
Down - 4000
BMW Rebate - 1500
MSRP - 53011
Selling Price - 50460
Fees - 518
Tax - 4422 (8.75%) Los Angeles County
Residual - 62%

Thanks..

Last edited by crzo95; 12-04-2012 at 01:15 AM. Reason: forgot car build
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      12-06-2012, 06:10 PM   #11
David 12
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Crzo95 - do not put $4000 down. Your lease actually works out close to $655 per month with no money down (that includes the 8.75% sales tax). You are better off investing the $4000 rather than giving it to BMW plus if you wreck the car you are out that money.

I would counter with $600 with zero down with the mindset of reaching agreement at $625 per month with zero down.

Last edited by David 12; 12-06-2012 at 06:22 PM.
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      12-07-2012, 11:44 AM   #12
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Quote:
Originally Posted by crzo95 View Post
Hi Guys,
I'm new to leasing, can someone please tell me if this is a good deal?
I thought it is a good deal but my cousin said that for $511 it is not,
I'm looking for a second opinion.

BMW 335i Coupe/LeMansBlue/Convenience/MSportPkg/Nav/BMWApps/RubberFloormats
39 Mo/ 10K miles
Monthly Payment - $511
Down - 4000
BMW Rebate - 1500
MSRP - 53011
Selling Price - 50460
Fees - 518
Tax - 4422 (8.75%) Los Angeles County
Residual - 62%

Thanks..
Get your selling price down to $47,800 (Invoice of $49,300 minus $1500 holiday credit)
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