Question about current lease deal.

Scorviss · 01-23-2006, 01:46 PM

I was wondering if anybody had any info, or could tell me, about the current lease deal on the 325i. I know the lease deal is supposed to end Jan. 31st, do you think they will keep the deal running into February?

SteveMD · 01-23-2006, 02:07 PM

The current rates are 0.00250 money factor and 62/64/65% for 15K/12K/10K miles per year. Acquisition fee is $625.

Not sure if it 'this month's deal' since these rates have been the same for a while. Of course they could go up - or down, in Feb.

The deal on the web site is for an almost stripped car with metalic paint and Sports package only. It also requires quite a bit up front which is generally considered to be a no-no if you can help it.

Grab yourself an excel lease calculator from this forum. $1000 over invoice is do-able on a 325, plug the numbers in and see what you come up with.

Scorviss · 01-23-2006, 09:34 PM

Thanks for the help. Went to the dealership today and they offered me 400/month with 1K deposit, which seems like a good deal to me, or should I shop around more?

Traderdad · 01-23-2006, 09:46 PM

Quote:

Originally Posted by Scorviss

Thanks for the help. Went to the dealership today and they offered me 400/month with 1K deposit, which seems like a good deal to me, or should I shop around more?

Need more info. msrp,invoice,drive off break down,tax rate, and how many yrs/miles. Then we can see if it is a good deal.

SteveMD · 01-23-2006, 10:04 PM

Quote:

Originally Posted by Scorviss

Thanks for the help. Went to the dealership today and they offered me 400/month with 1K deposit, which seems like a good deal to me, or should I shop around more?

You need to calculate the lease. Would you buy a house or buy something on credit if you were simply given a monthly payment? You need to understand how leases work before you do one. Otherwise you are easy prey.

Scorviss · 01-23-2006, 10:20 PM

eed more info. msrp,invoice,drive off break down,tax rate, and how many yrs/miles. Then we can see if it is a good deal.

Ok..... MSRP 35,020
invoice 32,160
neg. price 33,160
3,000 total drive off including all fees
7.75% tax
10K miles per year
24 month lease.
and sorry I posted it wrong, it was 372 a month plus tax, which is about 400 total a month
did i miss anything out.
I think the residual was like 65%

Traderdad · 01-24-2006, 09:37 AM

Quote:

Originally Posted by Scorviss

eed more info. msrp,invoice,drive off break down,tax rate, and how many yrs/miles. Then we can see if it is a good deal.

Ok..... MSRP 35,020
invoice 32,160
neg. price 33,160
3,000 total drive off including all fees
7.75% tax
10K miles per year
24 month lease.
and sorry I posted it wrong, it was 372 a month plus tax, which is about 400 total a month
did i miss anything out.
I think the residual was like 65%

Your drive off seems real high you must be putting money down to reduce cap cost which most people don't suggest you do. Get a break down of all drive off expenses. With a drive off under $2000 looks like your payment would be $440 pm with tax. Good luck!

SteveMD · 01-24-2006, 11:30 AM

First, your residual should be 74% not 65%.

With about 1250 as a cap cost reduction - leaving 1750 for up front fees, the payment would be about $394 plus tax.

Incidently, a three year would be about the same cost plus or minus a few dollars.

01-23-2006, 01:46 PM	#1
Scorviss Private First Class 55 Rep 167 Posts Drives: OG M2, G80 on order Join Date: Jan 2006 Location: Silicon Valley iTrader: (1)	Question about current lease deal. I was wondering if anybody had any info, or could tell me, about the current lease deal on the 325i. I know the lease deal is supposed to end Jan. 31st, do you think they will keep the deal running into February?
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01-23-2006, 02:07 PM	#2
SteveMD Colonel 198 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	The current rates are 0.00250 money factor and 62/64/65% for 15K/12K/10K miles per year. Acquisition fee is $625. Not sure if it 'this month's deal' since these rates have been the same for a while. Of course they could go up - or down, in Feb. The deal on the web site is for an almost stripped car with metalic paint and Sports package only. It also requires quite a bit up front which is generally considered to be a no-no if you can help it. Grab yourself an excel lease calculator from this forum. $1000 over invoice is do-able on a 325, plug the numbers in and see what you come up with. __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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01-23-2006, 09:34 PM	#3
Scorviss Private First Class 55 Rep 167 Posts Drives: OG M2, G80 on order Join Date: Jan 2006 Location: Silicon Valley iTrader: (1)	Thanks for the help. Went to the dealership today and they offered me 400/month with 1K deposit, which seems like a good deal to me, or should I shop around more?
	Appreciate 0 Quote

01-23-2006, 10:20 PM	#6
Scorviss Private First Class 55 Rep 167 Posts Drives: OG M2, G80 on order Join Date: Jan 2006 Location: Silicon Valley iTrader: (1)	eed more info. msrp,invoice,drive off break down,tax rate, and how many yrs/miles. Then we can see if it is a good deal. Ok..... MSRP 35,020 invoice 32,160 neg. price 33,160 3,000 total drive off including all fees 7.75% tax 10K miles per year 24 month lease. and sorry I posted it wrong, it was 372 a month plus tax, which is about 400 total a month did i miss anything out. I think the residual was like 65%
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01-24-2006, 11:30 AM	#8
SteveMD Colonel 198 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	First, your residual should be 74% not 65%. With about 1250 as a cap cost reduction - leaving 1750 for up front fees, the payment would be about $394 plus tax. Incidently, a three year would be about the same cost plus or minus a few dollars. __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
	Appreciate 0 Quote