335i Lease offer

!Xoible · 07-11-2007, 11:21 PM

The best offer i got is $750 ($816 including tax), with $3000 down. The total I would be paying in 36 months is $32,376 which is 65% of car value (sold at $50,000).

I usually pay somewhere around 50-55% of car in 3 years, but i find 65% to be too high. what do you guys think?

Residual supposedly is 58%, and money factor for some reason for July is 0.00250 (altho other people told me it was 0.0020, or 0.0021 for july)

Any thoughts, help?

i really do not feel the 3 series is worth $800 in lease a month, and do not think i am getting a good deal at all.

BMW F22 · 07-11-2007, 11:26 PM

holy crap!! dude you're supposed to be paying 42% of the car over 3 years.
There are people that get payments in the 600's (tax included). Something is not right.

!Xoible · 07-11-2007, 11:41 PM

that's more like what i was thinking

you know of a dealer i can contact? my car is already building, do you know if i have to still get it thru the same dealer?

flush01 · 07-12-2007, 12:23 AM

thats a good deal only if you're in canada... in states you can do ALOT better

Zeiss · 07-12-2007, 12:26 AM

Quote:

Originally Posted by flush01

thats a good deal only if you're in canada... in states you can do ALOT better

!Xoible · 07-12-2007, 12:48 AM

man i cant talk to dealers. they have no interest in selling once you start negotiating! once i start they go like 'okay, bye'

snohman · 07-12-2007, 12:54 AM

is that $3000 cap cost reduction? or is that total drive off?
Does that include security deposit? Are you getting it waived? Are you a current BMWFS customer?

lots of questions

BMW F22 · 07-12-2007, 12:54 AM

if you're willing to make a deal up here I can give you my CA's info. He will help you out.

!Xoible · 07-12-2007, 12:56 AM

sure, i dont think it hurts, im sure we can have some arrangement. thanks man!

!Xoible · 07-12-2007, 06:00 PM

Quote:

Originally Posted by snohman

is that $3000 cap cost reduction? or is that total drive off?
Does that include security deposit? Are you getting it waived? Are you a current BMWFS customer?

lots of questions

3000 is total drive off. I paid 1500 total drive off on my G35 too, and the lease payments were 1/2 of what BMW is asking for, and the car was exactly $10,000 cheaper than the bimmer.

maybe im not calculating things correctly.
the deal was the car is $50,300.00 exactly, total drive off is $500 exactly, and monthly payments for 36 months are $816.xx including tax.

Thanks for your help, i appreciate the PM you sent man.

!Xoible · 07-12-2007, 06:01 PM

Quote:

Originally Posted by BMWE90

if you're willing to make a deal up here I can give you my CA's info. He will help you out.

thanks! i got the info, and sent out an email. I'll give him until tomorrow, then I will give him a call. Thanks again.

!Xoible · 07-12-2007, 06:02 PM

any more input, tips, or referrals?

thanks

!Xoible · 07-12-2007, 06:07 PM

okay, here i did some calculations. let me know if im doing this right:

the money factor is 0.0025, so the interest rate is 6%. add the 6% ($3000) to the $50,000 this will make the amount $53,000.
Residual is 58% which means the whole thing i'll pay in 3 years is $30,740. If i take out the $3000 (down payment) there will be $27,740 to be paid over 36 months. which means i have to pay $770 per month excluding tax ($830 including tax).

is that right? am i missing anything, am i stoned?

saosinned · 07-12-2007, 08:06 PM

is it a coupe or a sedan? I THINK the coupe has some different numbers associated with it and will cost more per month to lease even at the same price. could be complete BS though

!Xoible · 07-12-2007, 08:15 PM

coupe. the residual and MF i listed is for the coupe

saosinned · 07-12-2007, 08:17 PM

They were showing me numbers like that at the first dealership i went to but it didn't seem correct. Even if i offered to pay the taxes up front the numbers were still higher than the numbers listed on bmwusa by at least 100 per month.

But i moved to a different place because of a few reasons, takes a lot of research to see if they're screwing you over w/ leases.

!Xoible · 07-12-2007, 08:47 PM

man i just have not been able to negotiate. sales persons are literally turning their face away once i start negotiation saying something like they dont have to give me a deal because it will sell at the high rate anyway!
it's killing me. But yeah, you're right i need to dig more.

fastTrak'in · 07-12-2007, 08:57 PM

Quote:

Originally Posted by mantisG35

man i just have not been able to negotiate. sales persons are literally turning their face away once i start negotiation saying something like they dont have to give me a deal because it will sell at the high rate anyway!
it's killing me. But yeah, you're right i need to dig more.

Yo Mantis. PM me and I'll give you someone in San Luis Obispo who has given me a great deal and been upfront the whole time. I ordered a 335i coupe this monday and I am getting a .0020 MF right away. I find that the internetta sales people are much more responsive to negotiating and quoting low right away. I have found the dealers quoting the best deals and rates are in areas where BMW's are as popular (SLO, Santa Maria, etc.) I live in the Bay Area and no one up here wanted to do less than $500 off MSRP.

saosinned · 07-12-2007, 09:01 PM

Quote:

Originally Posted by mantisG35

But yeah, you're right i need to dig more.

well if you find anything out let me know. I still have yet to decide if i'm purchasing or leasing, but based on the numbers i was getting i planned on just purchasing because it wasn't worth leasing at that much / month.

fastTrak'in · 07-12-2007, 09:01 PM

Quote:

Originally Posted by fastTrak'in

Yo Mantis. PM me and I'll give you someone in San Luis Obispo who has given me a great deal and been upfront the whole time. I ordered a 335i coupe this monday and I am getting a .0020 MF right away. I find that the internetta sales people are much more responsive to negotiating and quoting low right away. I have found the dealers quoting the best deals and rates are in areas where BMW's are as popular (SLO, Santa Maria, etc.) I live in the Bay Area and no one up here wanted to do less than $500 off MSRP.

Wow, that was some poor grammar. What I meant to say was : I have found the dealers quoting the best deals and rates are in areas where BMW's are NOT as popular.

!Xoible · 07-12-2007, 09:04 PM

Quote:

Originally Posted by fastTrak'in

Yo Mantis. PM me and I'll give you someone in San Luis Obispo who has given me a great deal and been upfront the whole time. I ordered a 335i coupe this monday and I am getting a .0020 MF right away. I find that the internetta sales people are much more responsive to negotiating and quoting low right away. I have found the dealers quoting the best deals and rates are in areas where BMW's are as popular (SLO, Santa Maria, etc.) I live in the Bay Area and no one up here wanted to do less than $500 off MSRP.

PM sent. thanks

Coldintake · 07-12-2007, 11:58 PM

First, your MF is WAY Too high.. The buy rate for july is .002, and dealers can increase it a max of .0004. And you don't need to pay that.

I don't have time to type why your deal is so bad.. but at 50k and 0 down, your payments will hover around 770 or so.

07-11-2007, 11:21 PM	#1
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	335i Lease offer The best offer i got is $750 ($816 including tax), with $3000 down. The total I would be paying in 36 months is $32,376 which is 65% of car value (sold at $50,000). I usually pay somewhere around 50-55% of car in 3 years, but i find 65% to be too high. what do you guys think? Residual supposedly is 58%, and money factor for some reason for July is 0.00250 (altho other people told me it was 0.0020, or 0.0021 for july) Any thoughts, help? i really do not feel the 3 series is worth $800 in lease a month, and do not think i am getting a good deal at all.
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07-11-2007, 11:26 PM	#2
BMW F22 Major General 3566 Rep 9,788 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	holy crap!! dude you're supposed to be paying 42% of the car over 3 years. There are people that get payments in the 600's (tax included). Something is not right.
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07-11-2007, 11:41 PM	#3
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	that's more like what i was thinking you know of a dealer i can contact? my car is already building, do you know if i have to still get it thru the same dealer?
	Appreciate 0 Quote

07-12-2007, 12:23 AM	#4
flush01 Major 46 Rep 1,419 Posts Drives: 33m@%#ing5 Join Date: Feb 2006 Location: toronto iTrader: (0)	thats a good deal only if you're in canada... in states you can do ALOT better
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07-12-2007, 12:48 AM	#6
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	man i cant talk to dealers. they have no interest in selling once you start negotiating! once i start they go like 'okay, bye'
	Appreciate 0 Quote

07-12-2007, 12:54 AM	#7
snohman Volk Whore 233 Rep 18,832 Posts Drives: nothing Join Date: Apr 2007 Location: Home iTrader: (1) Garage List 2003 Metro Gold Line [0.00]	is that $3000 cap cost reduction? or is that total drive off? Does that include security deposit? Are you getting it waived? Are you a current BMWFS customer? lots of questions
	Appreciate 0 Quote

07-12-2007, 12:56 AM	#9
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	sure, i dont think it hurts, im sure we can have some arrangement. thanks man!
	Appreciate 0 Quote

07-12-2007, 06:02 PM	#12
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	any more input, tips, or referrals? thanks
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07-12-2007, 06:07 PM	#13
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	okay, here i did some calculations. let me know if im doing this right: the money factor is 0.0025, so the interest rate is 6%. add the 6% ($3000) to the $50,000 this will make the amount $53,000. Residual is 58% which means the whole thing i'll pay in 3 years is $30,740. If i take out the $3000 (down payment) there will be $27,740 to be paid over 36 months. which means i have to pay $770 per month excluding tax ($830 including tax). is that right? am i missing anything, am i stoned?
	Appreciate 0 Quote

07-12-2007, 08:06 PM	#14
saosinned Second Lieutenant 7 Rep 226 Posts Drives: 2004 325i (e92 335 ordered) Join Date: Jun 2007 Location: Chicago, IL iTrader: (0)	is it a coupe or a sedan? I THINK the coupe has some different numbers associated with it and will cost more per month to lease even at the same price. could be complete BS though __________________ (Ordered 6/22/07) 335i coupe / Titanium Silver / Coral Red / Gray Poplar / Sport Package / Navigation / Heated Seats / iPod
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07-12-2007, 08:15 PM	#15
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	coupe. the residual and MF i listed is for the coupe
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07-12-2007, 08:17 PM	#16
saosinned Second Lieutenant 7 Rep 226 Posts Drives: 2004 325i (e92 335 ordered) Join Date: Jun 2007 Location: Chicago, IL iTrader: (0)	They were showing me numbers like that at the first dealership i went to but it didn't seem correct. Even if i offered to pay the taxes up front the numbers were still higher than the numbers listed on bmwusa by at least 100 per month. But i moved to a different place because of a few reasons, takes a lot of research to see if they're screwing you over w/ leases. __________________ (Ordered 6/22/07) 335i coupe / Titanium Silver / Coral Red / Gray Poplar / Sport Package / Navigation / Heated Seats / iPod
	Appreciate 0 Quote

07-12-2007, 08:47 PM	#17
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	man i just have not been able to negotiate. sales persons are literally turning their face away once i start negotiation saying something like they dont have to give me a deal because it will sell at the high rate anyway! it's killing me. But yeah, you're right i need to dig more.
	Appreciate 0 Quote

07-12-2007, 11:58 PM	#22
Coldintake First Lieutenant 16 Rep 373 Posts Drives: in circles Join Date: Feb 2007 Location: All around iTrader: (0)	First, your MF is WAY Too high.. The buy rate for july is .002, and dealers can increase it a max of .0004. And you don't need to pay that. I don't have time to type why your deal is so bad.. but at 50k and 0 down, your payments will hover around 770 or so.
	Appreciate 0 Quote