E90 335 sedan MF/residuals are out...

gohawks23 · 09-06-2006, 03:13 PM

Quote:

Originally Posted by urnuts

15K miles for a 24 month lease? 7500 miles/year?
Somewhat unrealistic, don't you think? For many people, anyway.

Leases are stated with the mileage being per year...15K per year.

gohawks23 · 09-06-2006, 03:14 PM

Quote:

Originally Posted by Got-BMW?

Greg,

I know what you are saying and see eye to eye on it with you. I just wanted to give you a little jab since things might have gotten a little out of hand in the other thread and neither of us ment for it to. Take care and good luck!

Josh

No problem dude...I forget stuff pretty fast...usually by the next post...

Zeroday · 09-06-2006, 03:14 PM

Quote:

Originally Posted by greginaz1

Sorta...you are getting the buy rate of 0.002 plus the maximum dealer markup of 0.0004 plus 0.00015 for not putting one security deposit down.

At least put one security deposit down and tell your dealer you will split the max markup with him...you should be down to 0.0022 then...you can also put 7 additional SD's down to lower MF by another 0.00049

How much of a security deposit would I need to put down to avoid getting the additonal .00015 ?

7 additonal SD's? Sorry, I don't understand what that means would you mind explaining? Thanks

Zeroday · 09-06-2006, 03:16 PM

And how do I 'split the markup' with the dealer...sorry i suck at this stuff...probably why i got a bad rate.

gohawks23 · 09-06-2006, 03:18 PM

Quote:

Originally Posted by Zeroday

How much of a security deposit would I need to put down to avoid getting the additonal .00015 ?

7 additonal SD's? Sorry, I don't understand what that means would you mind explaining? Thanks

An SD is equal to your payment rounded to the next highest $50.

Search this forum or bimmerfest.com for 'MSD'

gohawks23 · 09-06-2006, 03:19 PM

Quote:

Originally Posted by Zeroday

And how do I 'split the markup' with the dealer...sorry i suck at this stuff...probably why i got a bad rate.

It is called negotiating...you know he can mark it up 0.0004 so you ask him to split the difference and just mark it up 0.0002...which should be fair to both sides.

flush01 · 09-06-2006, 03:33 PM

does it work the same for canadian dealerships ? same #'s ?

DanT123 · 09-06-2006, 04:41 PM

Quote:

Originally Posted by greginaz1

And the MF stinks

24 month term with 15K miles/yr: 71% and 0.0027
36 month term with 15K miles/yr: 61% and 0.0027

Looks like I'm going to be paying cash since the cost of using cash is a couple thousand dollars less than leasing for my particular situation.

Greg,

Thank you for this information! Do you have the numbers for 24 mo and 36 mo @ 10k and 12k mileage?

Saintor · 09-06-2006, 06:34 PM

Quote:

36 month term with 15K miles/yr: 61%

Not bad.

gohawks23 · 09-06-2006, 06:39 PM

Quote:

Originally Posted by DanT123

Greg,

Thank you for this information! Do you have the numbers for 24 mo and 36 mo @ 10k and 12k mileage?

MF's are the same and add 2% to residual for 12K and 3% for 10K.

gohawks23 · 09-06-2006, 06:40 PM

Quote:

Originally Posted by Saintor

Not bad.

The residual values are good...the MF is bad...it is only about 0.0004 lower than the max rate buy rate BMW has.

gos · 09-06-2006, 07:10 PM

Given that prime lending rate has gone up more than 2x since 2003, seems that these MFs aren't all that bad...

Why would you pay less to borrow money on a car than on a house?

gohawks23 · 09-06-2006, 07:18 PM

Quote:

Originally Posted by gos

Given that prime lending rate has gone up more than 2x since 2003, seems that these MFs aren't all that bad...

Why would you pay less to borrow money on a car than on a house?

It is called subsidizing...

DanT123 · 09-06-2006, 07:41 PM

Quote:

Originally Posted by greginaz1

MF's are the same and add 2% to residual for 12K and 3% for 10K.

Thank you!

Zeroday · 09-06-2006, 07:51 PM

Quote:

Originally Posted by greginaz1

It is called negotiating...you know he can mark it up 0.0004 so you ask him to split the difference and just mark it up 0.0002...which should be fair to both sides.

thanks a bunch for the info. i'm learning alot here. wish i had done this research earlier. problem is the car is already ordered and we already negotiated the lease. i didn't sign for the car (it's been ordered and completed assembly today), all they have is a 1k$ security deposit. do you think i have any leverage to renegotiate the deal here? Won't they just say they're gonna keep my SD if I back out?

I read up on MSD and I will definitely ask if I can do that. Seems like a no brainer. I only mind putting money down on a lease when i wont get it back.

gohawks23 · 09-06-2006, 07:56 PM

Quote:

Originally Posted by Zeroday

thanks a bunch for the info. i'm learning alot here. wish i had done this research earlier. problem is the car is already ordered and we already negotiated the lease. i didn't sign for the car (it's been ordered and completed assembly today), all they have is a 1k$ security deposit. do you think i have any leverage to renegotiate the deal here? Won't they just say they're gonna keep my SD if I back out?

I read up on MSD and I will definitely ask if I can do that. Seems like a no brainer. I only mind putting money down on a lease when i wont get it back.

It costs nothing to ask your CA...call/email him.

houtony · 09-06-2006, 08:12 PM

Any MF and Res. on 328i 07 sedans?

r_liebo · 09-07-2006, 06:35 AM

Quote:

Originally Posted by Zeroday

thanks a bunch for the info. i'm learning alot here. wish i had done this research earlier. problem is the car is already ordered and we already negotiated the lease. i didn't sign for the car (it's been ordered and completed assembly today), all they have is a 1k$ security deposit. do you think i have any leverage to renegotiate the deal here? Won't they just say they're gonna keep my SD if I back out?

I read up on MSD and I will definitely ask if I can do that. Seems like a no brainer. I only mind putting money down on a lease when i wont get it back.

If it's just a deposit for an order, they can't keep your money (although they may tell you they can). You can get it back. They might not renegotiate your offer, but you could always go to another dealer.

ALPINE6SPD · 09-07-2006, 08:25 AM

Quote:

Originally Posted by greginaz1

Looks like it...with an effective lease interest rate near 7% that is not too attractive...I was hoping for sub 0.002 which is the coupe rate.

why would they good lower than .002 when the 06 sedans out now are not that good? I think the 330i is .00195 now though.

gohawks23 · 09-07-2006, 09:50 AM

Quote:

Originally Posted by ALPINE6SPD

why would they good lower than .002 when the 06 sedans out now are not that good? I think the 330i is .00195 now though.

Wishful thinking on my part I guess...there are some people out there reporting MF's of 0.00175 on the 06 330...which isn't being advertised.

SapphireBlackG01 · 09-07-2006, 10:57 AM

Kay, since I do not understand a word that I've read in this thread, I'll just go ahead and ask a question...

How realistic is it for me to try to convince my dealer to let me lease a 328i coupe for >$500 a month, with $1500-$2000 down?

We've purchased four vehicles from them in the past two years, and I'm hoping I can use that as a sort of starting point...

gohawks23 · 09-07-2006, 11:09 AM

Quote:

Originally Posted by xxpaintmepunkxx

Kay, since I do not understand a word that I've read in this thread, I'll just go ahead and ask a question...

How realistic is it for me to try to convince my dealer to let me lease a 328i coupe for >$500 a month, with $1500-$2000 down?

We've purchased four vehicles from them in the past two years, and I'm hoping I can use that as a sort of starting point...

If you don't understand a word in this post PLEASE don't lease as you will get hosed.

Do yourself a favor and search this site or bimmerfest.com for 'lease', 'msd', etc. and educate yourself...in general, NEVER put $ down on a lease...unless you put a small amount down to decrease your security deposit payments...also NEVER talk payments with a dealer...talk cap, MF, residual and acquisition fee.

You can start here: http://www.bimmerfest.com/forums/sho...d.php?t=146090

09-06-2006, 03:16 PM	#26
Zeroday Colonel 46 Rep 2,350 Posts Drives: Plymouth Volare Join Date: Aug 2006 Location: your nerves iTrader: (0)	And how do I 'split the markup' with the dealer...sorry i suck at this stuff...probably why i got a bad rate.
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09-06-2006, 03:33 PM	#29
flush01 Major 46 Rep 1,419 Posts Drives: 33m@%#ing5 Join Date: Feb 2006 Location: toronto iTrader: (0)	does it work the same for canadian dealerships ? same #'s ?
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09-06-2006, 07:10 PM	#34
gos Captain 27 Rep 959 Posts Drives: E90 330xi Join Date: Jan 2006 Location: Colorado iTrader: (0)	Given that prime lending rate has gone up more than 2x since 2003, seems that these MFs aren't all that bad... Why would you pay less to borrow money on a car than on a house? __________________ -- 330xi SG/Terra/Burl -- ZPP, ZSP, ZCW, CA, Sirius, PDC
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09-06-2006, 08:12 PM	#39
houtony Houtony 0 Rep 1 Posts Drives: 03 Z4 2.5 06 X3 3.0 Join Date: Sep 2006 Location: Houston, Texas iTrader: (0)	Any MF and Res. on 328i 07 sedans?
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09-07-2006, 10:57 AM	#43
SapphireBlackG01 Captain 17 Rep 821 Posts Drives: ‘18 X3, Formerly ‘06 Z4 Join Date: Feb 2006 Location: Here iTrader: (0)	Kay, since I do not understand a word that I've read in this thread, I'll just go ahead and ask a question... How realistic is it for me to try to convince my dealer to let me lease a 328i coupe for >$500 a month, with $1500-$2000 down? We've purchased four vehicles from them in the past two years, and I'm hoping I can use that as a sort of starting point... __________________ Guy #1: "Hanz, I know zee window switches have always been next to zee shifter in zee 3er cars, but I think ve should move them to zee door!" Guy #2: "But zee doors are already designed and ve do not have time to re-design them!" Guy #1: "Just make it verk or you vill be verking over at VW!"
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