Is this a good lease deal???

beemer11 · 05-08-2012, 04:47 PM

this is my first time leasing and im wondering if this is a good lease deal?? its a 2012 335xi coupe. it has m sport package, premium package, navigation, satellite radio and harman kardon. MSRP is 55,920.00 My lease deal is 710 a month 36 months 10,000 miles a year with 5,000 total out of pocket. i also have 2000 in negative equity on my trade...what do you guys think??

ppatel223 · 05-08-2012, 05:36 PM

Lease is 100% tax deductible.

project6 · 05-08-2012, 05:40 PM

That is a lousy lease deal!

e90post_user · 05-08-2012, 05:58 PM

Quote:

Originally Posted by ppatel223

Lease is 100% tax deductible.

It only applies to a corporate fleet or business expense

e90post_user · 05-08-2012, 06:00 PM

Quote:

Originally Posted by project6

That is a lousy lease deal!

Have to agree here. What is negotiated price on the car?

beemer11 · 05-08-2012, 06:00 PM

what would be a good monthly payment for that car??

beemer11 · 05-08-2012, 06:15 PM

51500

reddemon73 · 05-08-2012, 06:51 PM

I'm currently paying $650 inlcuding tax (around 9.7%) on a 36 months lease with 15k miles per year on 2011 E92 335i with MSRP of $55,450. I put zero down on my lease.

Lankster · 05-08-2012, 06:51 PM

710*12*3=$25560 + $5k out of pocket = 30560 plus ure 2k negative equity... not including taxes and fees.... IMO buy a used one. cheaper and u can get CPO

crzo95 · 12-04-2012, 12:10 AM

Hi Guys,
I'm new to leasing, can someone please tell me if this is a good deal?
I thought it is a good deal but my cousin said that for $511 it is not,
I'm looking for a second opinion.

BMW 335i Coupe/LeMansBlue/Convenience/MSportPkg/Nav/BMWApps/RubberFloormats
39 Mo/ 10K miles
Monthly Payment - $511
Down - 4000
BMW Rebate - 1500
MSRP - 53011
Selling Price - 50460
Fees - 518
Tax - 4422 (8.75%) Los Angeles County
Residual - 62%

Thanks..

David 12 · 12-06-2012, 05:10 PM

Crzo95 - do not put $4000 down. Your lease actually works out close to $655 per month with no money down (that includes the 8.75% sales tax). You are better off investing the $4000 rather than giving it to BMW plus if you wreck the car you are out that money.

I would counter with $600 with zero down with the mindset of reaching agreement at $625 per month with zero down.

Tim2189 · 12-07-2012, 10:44 AM

Quote:

Originally Posted by crzo95

Hi Guys,
I'm new to leasing, can someone please tell me if this is a good deal?
I thought it is a good deal but my cousin said that for $511 it is not,
I'm looking for a second opinion.

BMW 335i Coupe/LeMansBlue/Convenience/MSportPkg/Nav/BMWApps/RubberFloormats
39 Mo/ 10K miles
Monthly Payment - $511
Down - 4000
BMW Rebate - 1500
MSRP - 53011
Selling Price - 50460
Fees - 518
Tax - 4422 (8.75%) Los Angeles County
Residual - 62%

Thanks..

Get your selling price down to $47,800 (Invoice of $49,300 minus $1500 holiday credit)

05-08-2012, 04:47 PM	#1
beemer11 Enlisted Member 6 Rep 47 Posts Drives: 335i Join Date: Mar 2010 Location: 609 iTrader: (0)	Is this a good lease deal??? this is my first time leasing and im wondering if this is a good lease deal?? its a 2012 335xi coupe. it has m sport package, premium package, navigation, satellite radio and harman kardon. MSRP is 55,920.00 My lease deal is 710 a month 36 months 10,000 miles a year with 5,000 total out of pocket. i also have 2000 in negative equity on my trade...what do you guys think??
	Appreciate 0 Tweet Quote

05-08-2012, 05:36 PM	#2
ppatel223 Banned 31 Rep 372 Posts Drives: F10 I3.0 Join Date: Jan 2009 Location: AR iTrader: (0)	Lease is 100% tax deductible.
	Appreciate 0 Quote

05-08-2012, 05:40 PM	#3
project6 TOML Rescue 6 Rep 664 Posts Drives: Prancing Horse Join Date: Jan 2012 Location: USA iTrader: (0)	That is a lousy lease deal!
	Appreciate 0 Quote

05-08-2012, 06:00 PM	#6
beemer11 Enlisted Member 6 Rep 47 Posts Drives: 335i Join Date: Mar 2010 Location: 609 iTrader: (0)	what would be a good monthly payment for that car??
	Appreciate 0 Quote

05-08-2012, 06:15 PM	#7
beemer11 Enlisted Member 6 Rep 47 Posts Drives: 335i Join Date: Mar 2010 Location: 609 iTrader: (0)	51500
	Appreciate 0 Quote

05-08-2012, 06:51 PM	#8
reddemon73 Major 103 Rep 1,392 Posts Drives: 2014 BMW 435 Join Date: Jan 2008 Location: Seattle iTrader: (1)	I'm currently paying $650 inlcuding tax (around 9.7%) on a 36 months lease with 15k miles per year on 2011 E92 335i with MSRP of $55,450. I put zero down on my lease. __________________ 2014 435i M Sport //AW, CR//premium, tech, lightening pkgs//20% tint//full clear bra//ppk//blk grills//20" Vertini wheels//digital gauge//Apple Carplay//MPE with catted DP//VSRF charge pipe//Wagner FMIC//
	Appreciate 0 Quote

05-08-2012, 06:51 PM	#9
Lankster Sigma Alpha Epsilon 38 Rep 425 Posts Drives: 2007 335xi Join Date: Apr 2012 Location: Encinitas iTrader: (1)	710123=$25560 + $5k out of pocket = 30560 plus ure 2k negative equity... not including taxes and fees.... IMO buy a used one. cheaper and u can get CPO
	Appreciate 0 Quote

12-04-2012, 12:10 AM	#10
crzo95 Registered 0 Rep 2 Posts Drives: 2013 BMW 335i Coupe Join Date: Nov 2012 Location: LA iTrader: (0)	Hi Guys, I'm new to leasing, can someone please tell me if this is a good deal? I thought it is a good deal but my cousin said that for $511 it is not, I'm looking for a second opinion. BMW 335i Coupe/LeMansBlue/Convenience/MSportPkg/Nav/BMWApps/RubberFloormats 39 Mo/ 10K miles Monthly Payment - $511 Down - 4000 BMW Rebate - 1500 MSRP - 53011 Selling Price - 50460 Fees - 518 Tax - 4422 (8.75%) Los Angeles County Residual - 62% Thanks.. Last edited by crzo95; 12-04-2012 at 12:15 AM.. Reason: forgot car build
	Appreciate 0 Quote

12-06-2012, 05:10 PM	#11
David 12 Major 127 Rep 1,048 Posts Drives: 2019 BMW X5 50i BSM, M Sport Join Date: Jan 2007 Location: Omaha iTrader: (0)	Crzo95 - do not put $4000 down. Your lease actually works out close to $655 per month with no money down (that includes the 8.75% sales tax). You are better off investing the $4000 rather than giving it to BMW plus if you wreck the car you are out that money. I would counter with $600 with zero down with the mindset of reaching agreement at $625 per month with zero down. Last edited by David 12; 12-06-2012 at 05:22 PM..
	Appreciate 0 Quote