Lease quote.......Does this sound right

imparator4 · 05-07-2007, 06:24 PM

Here is what my CA quoted me for a lease on a 335i coupe that i will be purchasing doing Euro Delivery (July 12th)

.

My buying price. 44,995
58% Residual value based on MSRP of 50,375
Money Factor. .00255

Money Down= $1600 (tax, license and fees)

Payments of 701.62/month

Reason i ask is because i thought it would be in the low 600's. I now some of you guys out there are good with numbers. Let me know if this sounds right and if i can get a better rate leasing through someone else other than BMW...

GeorgiaTech335coupe · 05-07-2007, 06:27 PM

how many years?

sinnet112 · 05-07-2007, 06:30 PM

Goodness, unless prices increased that much, my 3-year lease with $1000 down and a buying price of $49,000 has a $645/mo lease...

S4to335 · 05-07-2007, 06:32 PM

Quote:

Originally Posted by imparator4

Here is what my CA quoted me for a lease on a 335i coupe that i will be purchasing doing Euro Delivery (July 12th)

.

My buying price. 44,995
58% Residual value based on MSRP of 50,375
Money Factor. .00255

Money Down= $1600 (tax, license and fees)

Payments of 701.62/month

Reason i ask is because i thought it would be in the low 600's. I now some of you guys out there are good with numbers. Let me know if this sounds right and if i can get a better rate leasing through someone else other than BMW...

Mine was $2500 total drive off...15K miles per year...$620/month...36 months. Car price was mid $45K range.

Revlis · 05-07-2007, 06:34 PM

Quote:

Originally Posted by sinnet112

Goodness, unless prices increased that much, my 3-year lease with $1000 down and a buying price of $49,000 has a $645/mo lease...

Pretty Much exactly where I am at having picked it up march 28th This year.

$650 a month.

nightops · 05-07-2007, 06:46 PM

Quote:

Originally Posted by imparator4

Here is what my CA quoted me for a lease on a 335i coupe that i will be purchasing doing Euro Delivery (July 12th)

.

My buying price. 44,995
58% Residual value based on MSRP of 50,375
Money Factor. .00255

Money Down= $1600 (tax, license and fees)

Payments of 701.62/month

Reason i ask is because i thought it would be in the low 600's. I now some of you guys out there are good with numbers. Let me know if this sounds right and if i can get a better rate leasing through someone else other than BMW...

exactly, how many months? the residual sounds kind of low (should be a higher percentage, mine is more like 70% which brings the payment down)
the higher residual means your paying less depreciation, which is good in a lease...

RiXst3r · 05-07-2007, 06:53 PM

payment seems high... residual seems low...

i was 2500 down, 47k msrp, $570 a month... I think my residual was like 64%, and my MF was like .0015

is this through BMWFS?

jngjng72 · 05-07-2007, 07:28 PM

The best quote I got was 3.5% over invoice
61% residual
Money Factor .0017
10k/year 36 months
0 down, just taxes/security deposit/bank fees/admin fees

imparator4 · 05-07-2007, 07:33 PM

3 years at 15,000 miles.

From what you guys are saying then my estimaitions were correct that the payments should be in the low 600's.

I thought the residual value on this car would have gone up after all the demand on it.

THis is through BMW financial by the way

nightops · 05-07-2007, 07:34 PM

hows your credit--MF seems high...

imparator4 · 05-07-2007, 07:41 PM

Credit score is very good.

CA told me this is the rate for class A credit scores.

I was expecting better monthly payments.

nightops · 05-07-2007, 08:23 PM

Yep, find another dealer--you should be into low 600s at the most...

dmboone25 · 05-07-2007, 08:23 PM

Quote:

Originally Posted by nightops

hows your credit--MF seems high...

That is actually really high--my first e92 was at .0020, my second was at .0015.....if that was lower it would make a HUGE difference in your monthly payment...

morscode · 05-07-2007, 08:33 PM

They are trying to rape you blind.

Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms

2007 BMW 328Ci Coupe
24 Month – Residual 68% of MSRP – .00140 Base Rate
36 Month – Residual 58% of MSRP – .00140 Base Rate
48 Month – Residual 42% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

2007 BMW 328xi Coupe
24 Month – Residual 68% of MSRP – .00190 Base Rate
36 Month – Residual 58% of MSRP – .00190 Base Rate
48 Month – Residual 42% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

2007 BMW 328i Sedan
24 Month – Residual 71% of MSRP – .00140 Base Rate
36 Month – Residual 61% of MSRP – .00140 Base Rate
48 Month – Residual 42% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

2007 BMW 328xi Sedan
24 Month – Residual 71% of MSRP – .00190 Base Rate
36 Month – Residual 61% of MSRP – .00190 Base Rate
48 Month – Residual 42% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

2007 BMW 328i Wagon
24 Month – Residual 70% of MSRP – .00240 Base Rate
36 Month – Residual 60% of MSRP – .00240 Base Rate
48 Month – Residual 39% of MSRP – .00320 Base Rate
60 Month – Residual 32% of MSRP – .00320 Base Rate

2007 BMW 328xi Wagon
24 Month – Residual 70% of MSRP – .00275 Base Rate
36 Month – Residual 60% of MSRP – .00275 Base Rate
48 Month – Residual 39% of MSRP – .00320 Base Rate
60 Month – Residual 32% of MSRP – .00320 Base Rate

2007 BMW 328i Convertible
24 Month – Residual 71% of MSRP – .00320 Base Rate
36 Month – Residual 60% of MSRP – .00320 Base Rate
48 Month – Residual 46% of MSRP – .00320 Base Rate
60 Month – Residual 38% of MSRP – .00320 Base Rate

2007 BMW 335i Coupe
24 Month – Residual 68% of MSRP – .00185 Base Rate
36 Month – Residual 58% of MSRP – .00185 Base Rate
48 Month – Residual 42% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

2007 BMW 335i Sedan
24 Month – Residual 71% of MSRP – .00175 Base Rate
36 Month – Residual 61% of MSRP – .00175 Base Rate
48 Month – Residual 42% of MSRP – .00320 Base Rate
60 Month – Residual 34% of MSRP – .00320 Base Rate

2007 BMW 335xi Sedan
24 Month – Residual 71% of MSRP – .00275 Base Rate
36 Month – Residual 61% of MSRP – .00275 Base Rate
48 Month – Residual 43% of MSRP – .00320 Base Rate
60 Month – Residual 35% of MSRP – .00320 Base Rate

2007 BMW 335i Convertible
24 Month – Residual 70% of MSRP – .00320 Base Rate
36 Month – Residual 59% of MSRP – .00320 Base Rate
48 Month – Residual 47% of MSRP – .00320 Base Rate
60 Month – Residual 38% of MSRP – .00320 Base Rate

EHDEN · 05-07-2007, 09:01 PM

it depends on where you live, the demand on the dealership, your credit. it sounds bout right.

imparator4 · 05-09-2007, 11:00 AM

So what do i do to negotiate the monthly payment down.....I will be picking up the car on July 12, 2007 in Munich......I believe i have to make my first payment 1 month prior to pickup...

Please help!!!!

Carnage · 05-09-2007, 11:05 AM

Quote:

Originally Posted by nightops

hows your credit--MF seems high...

+1. That's way over the current number of .00185

slackerRx · 06-18-2007, 02:51 AM

If I'm doing ED, is MSRP the U.S. sticker price or is MSRP the European Delivery MSRP, which is about $2800 less? A dealer quoted my lease and based the residual on U.S. MSRP, not ED MSRP.

vase330 · 06-18-2007, 04:49 AM

Look imparator4, for that kind lease payment. You are about a 100 off a 0 dp straight out finance purchase. No limitations etc. You can put something down if it makes you feel better, your money either way. When you think or feel you are done, just trade it in or sell it. You will get more than leasing it. Check the lease calculator/ financing comparators on Edmunds, you will be surprised how much it really is going to cost you leasing vs buying the car. Lease has its place, but to me it looks like you are not a good candidate for it. I was going to lease but went and bought it outright as it turned out to be the better financial move.

bimmer newbie · 06-18-2007, 01:15 PM

Even though the BMWFS published MF is .00185 for the 335 coupe (36mo 15kmi), is it true that the dealer can mark that up? The dealerships I've asked here in Socal say that they offer .00185 for previous BMW owners/lessors, while it is .00240 otherwise with no sec deposit down. If one puts down one sec deposit, they lower the MF by .00015, .00030 for two sec depo, etc.

Has anyone seen something similar?

vase330 · 06-18-2007, 08:47 PM

Do this, negotiate the best sale price you can with a lease. Pay no attention to whatever money factor they tell you. They will give you a nice sale price, and try to make money with MF etc... so when you have hammered the price low enough, turn around and tell them you want a finance. Get your own lender unless you are going to ED. Too many ways to get f-ed with a lease deal.

05-07-2007, 06:24 PM	#1
imparator4 Enlisted Member 0 Rep 39 Posts Drives: AW BMW 335i Join Date: Apr 2007 Location: Where the many at iTrader: (0)	Lease quote.......Does this sound right Here is what my CA quoted me for a lease on a 335i coupe that i will be purchasing doing Euro Delivery (July 12th) . My buying price. 44,995 58% Residual value based on MSRP of 50,375 Money Factor. .00255 Money Down= $1600 (tax, license and fees) Payments of 701.62/month Reason i ask is because i thought it would be in the low 600's. I now some of you guys out there are good with numbers. Let me know if this sounds right and if i can get a better rate leasing through someone else other than BMW...
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05-07-2007, 06:27 PM	#2
GeorgiaTech335coupe Lieutenant Colonel 76 Rep 1,883 Posts Drives: Black BMW 335i coupe Join Date: Mar 2007 Location: USA iTrader: (0)	how many years?
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05-07-2007, 06:30 PM	#3
sinnet112 Major 30 Rep 1,118 Posts Drives: 2009 E89 Z4 Join Date: Dec 2006 Location: NJ iTrader: (1) Garage List 2007 335i Coupe [0.00] 2007 328xi Sedan [0.00]	Goodness, unless prices increased that much, my 3-year lease with $1000 down and a buying price of $49,000 has a $645/mo lease... __________________ Z4 sdrive30i \| Deep Sea Blue \| Ivory White Nappa Extended Leather \| ZSP
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05-07-2007, 06:53 PM	#7
RiXst3r 274 Rep 6,510 Posts Drives: M235i Join Date: Sep 2006 Location: Ohio iTrader: (14)	payment seems high... residual seems low... i was 2500 down, 47k msrp, $570 a month... I think my residual was like 64%, and my MF was like .0015 is this through BMWFS?
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05-07-2007, 07:28 PM	#8
jngjng72 Private First Class 16 Rep 193 Posts Drives: 335 Join Date: Apr 2007 Location: LI iTrader: (0)	The best quote I got was 3.5% over invoice 61% residual Money Factor .0017 10k/year 36 months 0 down, just taxes/security deposit/bank fees/admin fees __________________ 2007 E93 335i Alpine White Auto/CPP/ZPP/ZSP 2012 CT200H 2009 X5 Workhorse/Kidmobile
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05-07-2007, 07:33 PM	#9
imparator4 Enlisted Member 0 Rep 39 Posts Drives: AW BMW 335i Join Date: Apr 2007 Location: Where the many at iTrader: (0)	3 years at 15,000 miles. From what you guys are saying then my estimaitions were correct that the payments should be in the low 600's. I thought the residual value on this car would have gone up after all the demand on it. THis is through BMW financial by the way
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05-07-2007, 07:34 PM	#10
nightops Lieutenant 17 Rep 473 Posts Drives: 335i E92 Join Date: Mar 2007 Location: Los angeles- Westside iTrader: (2)	hows your credit--MF seems high... __________________ 335i Space Grey Coupe/ppk/ssk/pe exhaust/perf susp
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05-07-2007, 07:41 PM	#11
imparator4 Enlisted Member 0 Rep 39 Posts Drives: AW BMW 335i Join Date: Apr 2007 Location: Where the many at iTrader: (0)	Credit score is very good. CA told me this is the rate for class A credit scores. I was expecting better monthly payments.
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05-07-2007, 08:23 PM	#12
nightops Lieutenant 17 Rep 473 Posts Drives: 335i E92 Join Date: Mar 2007 Location: Los angeles- Westside iTrader: (2)	Yep, find another dealer--you should be into low 600s at the most... __________________ 335i Space Grey Coupe/ppk/ssk/pe exhaust/perf susp
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05-07-2007, 08:33 PM	#14
morscode Got Boost? 52 Rep 601 Posts Drives: 19 x3 m40i Join Date: Nov 2006 Location: 818 iTrader: (3)	They are trying to rape you blind. Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms 2007 BMW 328Ci Coupe 24 Month – Residual 68% of MSRP – .00140 Base Rate 36 Month – Residual 58% of MSRP – .00140 Base Rate 48 Month – Residual 42% of MSRP – .00320 Base Rate 60 Month – Residual 34% of MSRP – .00320 Base Rate 2007 BMW 328xi Coupe 24 Month – Residual 68% of MSRP – .00190 Base Rate 36 Month – Residual 58% of MSRP – .00190 Base Rate 48 Month – Residual 42% of MSRP – .00320 Base Rate 60 Month – Residual 34% of MSRP – .00320 Base Rate 2007 BMW 328i Sedan 24 Month – Residual 71% of MSRP – .00140 Base Rate 36 Month – Residual 61% of MSRP – .00140 Base Rate 48 Month – Residual 42% of MSRP – .00320 Base Rate 60 Month – Residual 34% of MSRP – .00320 Base Rate 2007 BMW 328xi Sedan 24 Month – Residual 71% of MSRP – .00190 Base Rate 36 Month – Residual 61% of MSRP – .00190 Base Rate 48 Month – Residual 42% of MSRP – .00320 Base Rate 60 Month – Residual 34% of MSRP – .00320 Base Rate 2007 BMW 328i Wagon 24 Month – Residual 70% of MSRP – .00240 Base Rate 36 Month – Residual 60% of MSRP – .00240 Base Rate 48 Month – Residual 39% of MSRP – .00320 Base Rate 60 Month – Residual 32% of MSRP – .00320 Base Rate 2007 BMW 328xi Wagon 24 Month – Residual 70% of MSRP – .00275 Base Rate 36 Month – Residual 60% of MSRP – .00275 Base Rate 48 Month – Residual 39% of MSRP – .00320 Base Rate 60 Month – Residual 32% of MSRP – .00320 Base Rate 2007 BMW 328i Convertible 24 Month – Residual 71% of MSRP – .00320 Base Rate 36 Month – Residual 60% of MSRP – .00320 Base Rate 48 Month – Residual 46% of MSRP – .00320 Base Rate 60 Month – Residual 38% of MSRP – .00320 Base Rate 2007 BMW 335i Coupe 24 Month – Residual 68% of MSRP – .00185 Base Rate 36 Month – Residual 58% of MSRP – .00185 Base Rate 48 Month – Residual 42% of MSRP – .00320 Base Rate 60 Month – Residual 34% of MSRP – .00320 Base Rate 2007 BMW 335i Sedan 24 Month – Residual 71% of MSRP – .00175 Base Rate 36 Month – Residual 61% of MSRP – .00175 Base Rate 48 Month – Residual 42% of MSRP – .00320 Base Rate 60 Month – Residual 34% of MSRP – .00320 Base Rate 2007 BMW 335xi Sedan 24 Month – Residual 71% of MSRP – .00275 Base Rate 36 Month – Residual 61% of MSRP – .00275 Base Rate 48 Month – Residual 43% of MSRP – .00320 Base Rate 60 Month – Residual 35% of MSRP – .00320 Base Rate 2007 BMW 335i Convertible 24 Month – Residual 70% of MSRP – .00320 Base Rate 36 Month – Residual 59% of MSRP – .00320 Base Rate 48 Month – Residual 47% of MSRP – .00320 Base Rate 60 Month – Residual 38% of MSRP – .00320 Base Rate
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05-07-2007, 09:01 PM	#15
EHDEN Brigadier General 394 Rep 3,893 Posts Drives: 435i Join Date: Oct 2006 Location: Miami, FL iTrader: (0) Garage List 2014 BMW 435i [7.00]	it depends on where you live, the demand on the dealership, your credit. it sounds bout right. __________________
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05-09-2007, 11:00 AM	#16
imparator4 Enlisted Member 0 Rep 39 Posts Drives: AW BMW 335i Join Date: Apr 2007 Location: Where the many at iTrader: (0)	So what do i do to negotiate the monthly payment down.....I will be picking up the car on July 12, 2007 in Munich......I believe i have to make my first payment 1 month prior to pickup... Please help!!!!
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06-18-2007, 02:51 AM	#18
slackerRx Registered 0 Rep 2 Posts Drives: Mr2 spyder Join Date: Jun 2007 Location: CA iTrader: (0)	If I'm doing ED, is MSRP the U.S. sticker price or is MSRP the European Delivery MSRP, which is about $2800 less? A dealer quoted my lease and based the residual on U.S. MSRP, not ED MSRP. Last edited by slackerRx; 06-18-2007 at 04:09 AM..
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06-18-2007, 04:49 AM	#19
vase330 Colonel 102 Rep 2,760 Posts Drives: 19 E63S; 15.5 RangeRover ATB Join Date: Jan 2007 Location: Arlington, Va iTrader: (1)	Dude just buy the damn car. Look imparator4, for that kind lease payment. You are about a 100 off a 0 dp straight out finance purchase. No limitations etc. You can put something down if it makes you feel better, your money either way. When you think or feel you are done, just trade it in or sell it. You will get more than leasing it. Check the lease calculator/ financing comparators on Edmunds, you will be surprised how much it really is going to cost you leasing vs buying the car. Lease has its place, but to me it looks like you are not a good candidate for it. I was going to lease but went and bought it outright as it turned out to be the better financial move. __________________ E92 335 \| Space Gray \| Saddle Brown Dakota \| Dark Burl Trim \| ZPP \| ZSP \| AT \| Idrive \| 6FL \| FBO \| Dinan CAI \| Quaife LSD \| STG3 PROCede.
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06-18-2007, 01:15 PM	#20
bimmer newbie Private First Class 2 Rep 131 Posts Drives: 335i Coupe Join Date: Jun 2007 Location: San Diego iTrader: (0)	Even though the BMWFS published MF is .00185 for the 335 coupe (36mo 15kmi), is it true that the dealer can mark that up? The dealerships I've asked here in Socal say that they offer .00185 for previous BMW owners/lessors, while it is .00240 otherwise with no sec deposit down. If one puts down one sec deposit, they lower the MF by .00015, .00030 for two sec depo, etc. Has anyone seen something similar?
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06-18-2007, 08:47 PM	#21
vase330 Colonel 102 Rep 2,760 Posts Drives: 19 E63S; 15.5 RangeRover ATB Join Date: Jan 2007 Location: Arlington, Va iTrader: (1)	Forget it dude, just buy the car with Finance. Do this, negotiate the best sale price you can with a lease. Pay no attention to whatever money factor they tell you. They will give you a nice sale price, and try to make money with MF etc... so when you have hammered the price low enough, turn around and tell them you want a finance. Get your own lender unless you are going to ED. Too many ways to get f-ed with a lease deal. __________________ E92 335 \| Space Gray \| Saddle Brown Dakota \| Dark Burl Trim \| ZPP \| ZSP \| AT \| Idrive \| 6FL \| FBO \| Dinan CAI \| Quaife LSD \| STG3 PROCede.
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