E90Post
 


 
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) > Manuals, Invoice/MSRP Pricing, Buying Guides, Bulletins, etc. > Lease calculation not computing



Reply
 
Thread Tools Search this Thread
      02-28-2008, 11:29 PM   #1
jttaglia
New Member
 
Drives: BMW
Join Date: Jan 2008
Location: North Carolina

Posts: 13
iTrader: (0)

Lease calculation not computing

I'm looking to lease a new 335i coupe via ED. These are the numbers that dealer has quoted me. Everytime I run the numbers through a lease calculator the payment doesn't match his (I come up with less). Can someone break this down for me?

Months- 24
Miles- 15,000
Residual- 71%
Tax- 3%
Money Factor- .00210
Acquisition Fee- $625
Tag & Title- I'll pay out of pocket


MSRP: $51,875
Invoice: $45,105
Sales Price: $45,605
Doc Fee: $499

$2400 down ($625 acq fee + $499 doc fee + $600 security deposity + first payment + a couple of dollars to provide a nice round number)

$595.17 a month


Thanks in advance for your help!
jttaglia is offline  
0
Reply With Quote
      02-28-2008, 11:32 PM   #2
200Duece
Colonel
 
200Duece's Avatar
 
Drives: '73 2002,'12 X5 35d,'12 335 SL
Join Date: Jan 2007
Location: A Whale's Vagina, Ca

Posts: 2,552
iTrader: (5)

How much diff are U?
200Duece is offline  
0
Reply With Quote
      02-28-2008, 11:34 PM   #3
200Duece
Colonel
 
200Duece's Avatar
 
Drives: '73 2002,'12 X5 35d,'12 335 SL
Join Date: Jan 2007
Location: A Whale's Vagina, Ca

Posts: 2,552
iTrader: (5)

And what's the 499 doc fee?
200Duece is offline  
0
Reply With Quote
      03-03-2008, 06:12 PM   #4
jeveryday
Colonel
 
jeveryday's Avatar
 
Drives: 2007 Sparkling Graphite 335i
Join Date: Oct 2007
Location: Long Island, New York

Posts: 2,227
iTrader: (6)

Just curious, what opts did you get?
jeveryday is offline   United_States
0
Reply With Quote
      03-03-2008, 07:39 PM   #5
jttaglia
New Member
 
Drives: BMW
Join Date: Jan 2008
Location: North Carolina

Posts: 13
iTrader: (0)

Quote:
Originally Posted by jeveryday View Post
Just curious, what opts did you get?

Exterior Color Tsilver
205
Transmission: 6-Speed STEPTRONIC Automatic

ZSP
Sport Package
ZCW
Cold Weather Package
ZPP
Premium Package
2XA
Paddle Shifters
415
Power Rear Sunshade
322
Comfort Access
507
Park Distance Control
653
High Definition Radio
6FL
iPod/USB Adapter
On-Board Navigation System
jttaglia is offline  
0
Reply With Quote
      03-03-2008, 07:41 PM   #6
jttaglia
New Member
 
Drives: BMW
Join Date: Jan 2008
Location: North Carolina

Posts: 13
iTrader: (0)

Quote:
Originally Posted by 200Duece View Post
And what's the 499 doc fee?
It's a dealer fee, a bogus fee in my opinion this dealer is charging to fill out the paperwork.
jttaglia is offline  
0
Reply With Quote
      03-03-2008, 07:49 PM   #7
jttaglia
New Member
 
Drives: BMW
Join Date: Jan 2008
Location: North Carolina

Posts: 13
iTrader: (0)

Dealer emailed me today and said the rates went up with BMWFS and its going to cost me $50 more a month and I have to come up with another $500 at signing. He gave me this new info:
=============================================
Months- 24
Miles- 15,000
Residual- 69%
Tax- 3%
Money Factor- .00225 (with beacon score of 740+) or .00230 (regardless of beacon score)
Acquisition Fee- $625


MSRP: $51,875
Invoice: $45,105
Sales Price: $45,605
Doc Fee: $499

$2500 down (I’m figuring $625 acquisition fee + $499 doc fee + $650 security deposit + first payment + a couple of dollars to provide a nice round number)


$648.78 a month
Includes a fully refundable $650 security deposit…
================================================== ==

I haven't confirmed any of the numbers yet but I'm not happy with the increases.
jttaglia is offline  
0
Reply With Quote
      03-03-2008, 07:56 PM   #8
livnlegacy
Original Member
 
livnlegacy's Avatar
 
Drives: Alpine E36 M3, 02 325iT
Join Date: Sep 2007
Location: Austin, TX

Posts: 560
iTrader: (6)

Garage List
o7 E90 335i  [0.00]
yeah, uh.....try a different dealer?
livnlegacy is offline   United_States
0
Reply With Quote
      03-03-2008, 08:18 PM   #9
jttaglia
New Member
 
Drives: BMW
Join Date: Jan 2008
Location: North Carolina

Posts: 13
iTrader: (0)

Quote:
Originally Posted by livnlegacy View Post
yeah, uh.....try a different dealer?
That's what I'm thinking too.
jttaglia is offline  
0
Reply With Quote
      03-25-2008, 11:30 AM   #10
AndrewAZ
Major
 
AndrewAZ's Avatar
 
Drives: 335i
Join Date: Jan 2007
Location: CA

Posts: 1,244
iTrader: (0)

Dealers can add up to .0004 into the MF.. So they are probably doing this.. The MF rates you see posted on this site are buy rates and the dealer would make nothing off it.. Usually you can get them to to split their add on in half which can lower your payments sometimes around $40-60 a month.
AndrewAZ is offline  
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 06:43 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST