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BMW 3-Series (E90 E92) Forum
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Lease Gurus... Looking to order a new 335 shortly
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01-12-2008, 02:33 PM | #1 |
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Lease Gurus... Looking to order a new 335 shortly
I'm looking to order a 335 sometime soon mostly because they dont seem to have what I'm looking for on the lot anywhere and they keep trying to talk me into a steptronic which I wont have any part of. I'm looking to lease this car and I was wondering what you guys would think. I would need 15k miles a year and the term doesnt matter much to me. I just want to get the best possible payment on it.
Thanks in advance! BTW, I'd be coming to the dark side from an audi. This is what I pulled up on cars.com for what I'm looking for- $48,725 MSRP and $44,995 Invoice. Base Price $40,800 $37,715 Destination $775 $775 Colors Interior Color N/C N/C Exterior Color N/C N/C Options STDEN Engine: 3.0L DOHC 6-Cylinder Turbocharged STD STD STDTN Transmission: 6-Speed Manual STD STD PAINT Monotone Paint Application STD STD STDRD Radio: Anti-Theft AM/FM Stereo CD/MP3 Player STD STD 2C6 Wheels: 18 x 8.0 Fr & 18 x 8.5 Rr (Style 189) INC INC Tires: P225/40R18 Fr & P255/35R18 Rr Run-Flat 481 Sport Seats INC INC NONTR Tires: P225/40R18 Fr & P255/35R18 Rr Run-Flat INC INC ZSP Sport Package $1,100 $1,000 Wheels: 18 x 8.0 Fr & 18 x 8.5 Rr (Style 189) Sport Seats Increased Top Speed Limiter LC~~ Dakota Leather Upholstery INC INC 840 Increased Top Speed Limiter INC INC ZPP Premium Package $2,550 $2,320 Integrated 3-Button Universal Garage-Door Opener Power-Adj. Folding Auto-Dimming Exterior Mirrors Auto-Dimming Rearview Mirror 4-Way Adj. Power Lumbar Support For Front Seats Digital Interior Mirror Compass BMW Assist w/Bluetooth System Dakota Leather Upholstery 319 Integrated 3-Button Universal Garage-Door Opener INC INC 430 Power-Adj. Folding Auto-Dimming Exterior Mirrors INC INC 431 Auto-Dimming Rearview Mirror INC INC 488 4-Way Adj. Power Lumbar Support For Front Seats INC INC 4NA Digital Interior Mirror Compass INC INC 639 BMW Assist w/Bluetooth System INC INC 4AD Brushed Aluminum Trim N/C N/C 322 Comfort Access Keyless Entry System $500 $455 6FL iPod/USB Adapter $400 $365 609 On-Board Navigation System w/iDrive $2,100 $1,910 Voice Command System Real Time Traffic Information 620 Voice Command System INC INC 6UH Real Time Traffic Information INC INC 494 3-Stage Heated Front Seats $500 $455 Total Price $48,725 $44,995 |
01-12-2008, 06:40 PM | #2 |
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I'm not exactly a "Lease Guru" but I am also in the market for an E92 335i and have a lease calculator handy.
I'm sure someone will point out if I made a mistake, which I have been known to do! It looks like Cars.com's invoice price is off a little bit. I am using the one from bimmerfest. If I add in $1500 for dealer profit, which is fairly decent for US delivery, and use a moneyfactor of .00265 (Base + .0002 which splits the difference that dealers can charge). Your payment would be about $759.79 pre-tax for a 24mo/15k mi lease. Obviously ED would be cheaper, looks like close to $120 cheaper. Multiple security deposits would further lower the payment too. These numbers are with no money down, and not rolling the acquisition fee in. With the acquisition fee rolled in it would probably be another $30-$40 or so, depending on what the dealer charges for the fee. Coupe Invoice Base $37,535.00 Comfort $455.00 Heated Seats $455.00 Navi $1,910.00 iPod/USB $365.00 Premium $2,320.00 Sport $1,000.00 Destination $775.00 Dealer $1,500.00 $46,315.00 Residual %s for 15k miles are 68% for 24mo and 58% for 36mo. Cap Residual Value Term Depreciation $46,315.00 $33,133 24 $549.25 Cap Residual Value MF Interest $46,315.00 $33,133.00 0.00265 $210.54 Base PMT $759.79 Sorry excel doesnt paste into posts well. *EDIT* Added in package pricing and residuals that I used. |
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01-12-2008, 08:57 PM | #3 |
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Thanks for the info. This is what I have been offered thus far by a local dealer-
36 month lease with 15k miles a year, sale price of $47865: $2500 due at signing your payment including tax is $813 $5000 due at signing your payment including tax is $734 Seems to be high based on what I've been reading on the boards. This is based on all the options I posted in this thread except for heated seats because I'm still on the fence as to whether theyre necessary. |
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01-13-2008, 02:15 AM | #8 |
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01-13-2008, 11:10 PM | #10 | |
Second Lieutenant
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Quote:
Is any of that 2500 going to cap cost reduction? A down payment isnt exactly a good thing to do, but multiple security deposits are. What moneyfactor are they giving you? What is the acquisition fee, are they rolling it into your payment? Looks like they are also giving you only 1k off MSRP? That's not that great at all. Also another quick way to see if a lease is a good deal is just multiplying your payment by your term length, which would be $29,268. Take that and add the residual which should be about, $28,260, making it $57,528. With an MSRP of $48,725, that seems like an awful lot of interest they are charging. Keep in mind this way isnt scientific at all, and doesnt exactly tell you how good the deal is. It does give you a general idea though. |
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01-19-2008, 02:46 PM | #11 |
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Okay, I can't comment on the 335xi lease anymore. I canceled my order for an M3. Dealer was not happy buy they made alot more $$$ on the M3 sale so they barely said anything. 335xi is still awesome! That is my #2 fav car!
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CURRENTLY: 2014 MB E63AMG-S, CF package loaded, Weistec 725hp ECU on order, Dado downpipes; 2014 BMW X5 50i ||| FORMERLY: 2008 E60 M5 ||| 2011 X5 50i, ECU upgrade to 485hp, LOADED ||| 2009 BMW 335xi, jb4 map5, downpipes, spings, etc. ||| |
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01-19-2008, 03:15 PM | #12 | |
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Ok, I got a quote from another dealer that was lower and asked him the questions that you posted here, we'll see what he says. This is the info I've gotten so far-
With $5000 drives at 15k miles at 36 months it comes to 659 + tax. OAC I'm not sure what OAC means though.. Quote:
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01-19-2008, 03:16 PM | #13 |
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My deal on a ordered car MSRP 49,975 discount 48,475
36 mos 12k miles a yr 3k down out of pocket $597 a month w taxes We started at a car ar 52k on the lot that would be 744 a month then i ordered it w options i wanted and 12k miles a year and thats the payment my sales guy got me. I signed to get the car ordered and ran out of their w that payment. |
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01-19-2008, 03:17 PM | #14 |
Team Zissou
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Oh, and here is a 3rd quote I forgot I had-
with $2,000 out of pocket we are looking at $723.56 plus tax on a 3 years lease. They all kind of hover around that same set of numbers. |
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01-19-2008, 03:24 PM | #15 | |
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That seems pretty good to me. I havent come anywhere near those numbers locally with over 1k lower MSRP on the car I'm looking at. I might have to shed a couple options soon to get the price down. I dont really need heated seats or comfort access.
Quote:
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01-19-2008, 09:51 PM | #16 |
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Hey OverSpun...check your private message.
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01-27-2008, 11:55 AM | #17 |
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I was looking at leasing a remaining 07 335i listed at 46,xxx
$3000 total out of pocket 27 month 12k miles 515 a month yay or nay? they said i could buy for $41,500, they just came up with that real quick, i think i could negotiate a lot less than that though |
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