2011 335i xdrive coupe lease quote

Ryan335 · 07-23-2010, 04:32 PM

Oh hello.

I got the following lease quote from my dealer and I wanted to see if you all here think I came out alright. See the terms below. I appreciate any advice!

2011 e92 335i xdrive
MSRP: $53,400
Selling Price: $47,820
36 Months
10,000 Miles/year
.0025 Money Factor
.63 Residual
$33,642 Residual
$3,574.39 Total due at signing
$625/month

How did I come out?

bigb26 · 07-23-2010, 04:55 PM

Oh Hello!

That's a sweet deal!

purpl3ish · 07-23-2010, 05:55 PM

not bad; very similar to mine..

money factor SHOULD be .00210; maybe you just made a typo and wrote .00250 instead.

bmrm396 · 07-23-2010, 05:57 PM

holy crap - nice work on negotioting the selling price ... how the hell did u pull 7k off MSRP?

purpl3ish · 07-23-2010, 10:05 PM

its only around 5k; but cuz there's an $1840 rebate on the 335 xi's

HPIA4v2 · 07-23-2010, 11:51 PM

Quote:

Originally Posted by bmrm396

holy crap - nice work on negotioting the selling price ... how the hell did u pull 7k off MSRP?

Yep, that's awesome deal, about $400 better than mine.

Ryan335 · 07-23-2010, 11:59 PM

The deal is $500 over invoice after the $1,840 rebate. Did they really mark up my MF though? I will email them back and get it reduced to the base rate if thats the case....

purpl3ish · 07-24-2010, 12:43 AM

Quote:

Originally Posted by Ryan335

The deal is $500 over invoice after the $1,840 rebate. Did they really mark up my MF though? I will email them back and get it reduced to the base rate if thats the case....

Well yeah if they gave you .00250; because base rate is .00210..that's what it is on my lease and the numbers that were posted up for July

EDIT: you can't be $500 over invoice after the rebate if your sell price is $47,820; that's under invoice..

Ryan335 · 07-24-2010, 01:46 AM

Quote:

Originally Posted by ChOy BoY

Well yeah if they gave you .00250; because base rate is .00210..that's what it is on my lease and the numbers that were posted up for July

EDIT: you can't be $500 over invoice after the rebate if your sell price is $47,820; that's under invoice..

Invoice on the car is $49,150. Take away the xdrive credit, you are now at $47,310. Add $500 to that, now you are at my selling price.

My question was, though, can I negotiate the MF lower to .00210?

dday · 07-24-2010, 10:30 AM

They do seem to be marking up the MF but they also seem to be giving you a higher residual. I thought the res of 10K miles was 62% not 63%.

Ryan335 · 07-24-2010, 10:55 AM

Quote:

Originally Posted by dday

They do seem to be marking up the MF but they also seem to be giving you a higher residual. I thought the res of 10K miles was 62% not 63%.

The dealership said that the numbers just changed on Tuesday (7/20). Perhaps you all haven't seen the changed numbers? I hope I'm getting the base MF rate in this deal.... regardless I feel like 625/month with nothing down is a pretty damn good payment for a car with a 53.5k sticker....

edb5020 · 07-24-2010, 12:12 PM

Quote:

Originally Posted by Ryan335

The dealership said that the numbers just changed on Tuesday (7/20). Perhaps you all haven't seen the changed numbers? I hope I'm getting the base MF rate in this deal.... regardless I feel like 625/month with nothing down is a pretty damn good payment for a car with a 53.5k sticker....

How do you figure no money down? I thought you said 3200 at signing or something like that?

purpl3ish · 07-24-2010, 03:40 PM

Quote:

Originally Posted by Ryan335

Invoice on the car is $49,150. Take away the xdrive credit, you are now at $47,310. Add $500 to that, now you are at my selling price.

My question was, though, can I negotiate the MF lower to .00210?

You can't negotiate lower than the base rate; you can do multiple security deposits that will reduce ur MF .00007 for each one you leave. So you're technically getting the car UNDER the invoice; with the rebate which is what I got as well

Quote:

Originally Posted by Ryan335

The dealership said that the numbers just changed on Tuesday (7/20). Perhaps you all haven't seen the changed numbers? I hope I'm getting the base MF rate in this deal.... regardless I feel like 625/month with nothing down is a pretty damn good payment for a car with a 53.5k sticker....

Yep I approve; my CA called me and told me the residuals went up 1% until the end of August; so now it's 63% for a 10k lease instead of 62%. Brought my payment down to $595

Quote:

Originally Posted by edb5020

How do you figure no money down? I thought you said 3200 at signing or something like that?

He probably means no cap cost reduction money down; not due at signing fees.

idonotmatch · 07-24-2010, 03:48 PM

For the $1,840 credit, how is that applied in a lease calculation? Would it be applied towards the cap cost? I'm trying to figure out what monthly payments would be, but can't find this information.

edb5020 · 07-24-2010, 04:08 PM

He probably means no cap cost reduction money down; not due at signing fees.[/QUOTE]

That's an incredible amount of fees due at signing with no cap cost reduction. Unless there are MSD's factored in there, but there can not be because his MF is sky high

edb5020 · 07-24-2010, 04:09 PM

Quote:

Originally Posted by idonotmatch

For the $1,840 credit, how is that applied in a lease calculation? Would it be applied towards the cap cost? I'm trying to figure out what monthly payments would be, but can't find this information.

It usually works out to be the same, you'd rather have it as a cap cost reduction because then it's like a down payment, but in theory, It really does not matter.

dday · 07-24-2010, 04:21 PM

Quote:

Originally Posted by ChOy BoY

Yep I approve; my CA called me and told me the residuals went up 1% until the end of August; so now it's 63% for a 10k lease instead of 62%. Brought my payment down to $595

Did you hear if this is for the sedans as well?

purpl3ish · 07-24-2010, 09:31 PM

Quote:

Originally Posted by edb5020

That's an incredible amount of fees due at signing with no cap cost reduction. Unless there are MSD's factored in there, but there can not be because his MF is sky high

how? tax is probably $2,000; $875 bank fee? that's already $2,875

Quote:

Originally Posted by idonotmatch

For the $1,840 credit, how is that applied in a lease calculation? Would it be applied towards the cap cost? I'm trying to figure out what monthly payments would be, but can't find this information.

off the cap cost

Quote:

Originally Posted by dday

Did you hear if this is for the sedans as well?

i'm not sure

Ryan335 · 07-25-2010, 02:07 PM

Well I pulled the trigger! The car is set for week 35 production.... hopefully that means I will get the sept. production changes! The wait is going to be rough

purpl3ish · 07-25-2010, 04:10 PM

Quote:

Originally Posted by Ryan335

Well I pulled the trigger! The car is set for week 35 production.... hopefully that means I will get the sept. production changes! The wait is going to be rough

congrats =)

07-23-2010, 04:32 PM	#1
Ryan335 Lieutenant 107 Rep 428 Posts Drives: Macan GTS Join Date: Apr 2007 Location: Chicago iTrader: (0)	2011 335i xdrive coupe lease quote Oh hello. I got the following lease quote from my dealer and I wanted to see if you all here think I came out alright. See the terms below. I appreciate any advice! 2011 e92 335i xdrive MSRP: $53,400 Selling Price: $47,820 36 Months 10,000 Miles/year .0025 Money Factor .63 Residual $33,642 Residual $3,574.39 Total due at signing $625/month How did I come out? __________________ Present: ‘17 Macan GTS Past: ‘15 ML350, ‘13 E92 335i, ‘11 E92 335i, ‘06 E90 330i, ‘06 A4, ‘04 A4 Last edited by Ryan335; 07-23-2010 at 04:40 PM..
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07-23-2010, 04:55 PM	#2
bigb26 Registered 0 Rep 4 Posts Drives: E93 M3 Silverstone/Black Join Date: May 2008 Location: Chicago iTrader: (0)	Great deal! Oh Hello! That's a sweet deal!
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07-23-2010, 05:55 PM	#3
purpl3ish Major 783 Rep 1,069 Posts Drives: 2023 G80 Velvet Orchid M3 Join Date: Sep 2007 Location: Brooklyn, NY iTrader: (9)	not bad; very similar to mine.. money factor SHOULD be .00210; maybe you just made a typo and wrote .00250 instead. Last edited by purpl3ish; 07-27-2010 at 01:01 PM..
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07-23-2010, 05:57 PM	#4
bmrm396 Lieutenant Colonel 643 Rep 1,717 Posts Drives: 2018 F80 M3cs Join Date: Sep 2008 Location: sD, CA iTrader: (2)	holy crap - nice work on negotioting the selling price ... how the hell did u pull 7k off MSRP? __________________ Formerly addicted to e46fanatics Formerly addicted to e90post
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07-23-2010, 10:05 PM	#5
purpl3ish Major 783 Rep 1,069 Posts Drives: 2023 G80 Velvet Orchid M3 Join Date: Sep 2007 Location: Brooklyn, NY iTrader: (9)	its only around 5k; but cuz there's an $1840 rebate on the 335 xi's
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07-23-2010, 11:59 PM	#7
Ryan335 Lieutenant 107 Rep 428 Posts Drives: Macan GTS Join Date: Apr 2007 Location: Chicago iTrader: (0)	The deal is $500 over invoice after the $1,840 rebate. Did they really mark up my MF though? I will email them back and get it reduced to the base rate if thats the case.... __________________ Present: ‘17 Macan GTS Past: ‘15 ML350, ‘13 E92 335i, ‘11 E92 335i, ‘06 E90 330i, ‘06 A4, ‘04 A4
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07-24-2010, 10:30 AM	#10
dday Captain 33 Rep 856 Posts Drives: 2014 Alpine White 335 M-Sport Join Date: Jun 2010 Location: MA iTrader: (1)	They do seem to be marking up the MF but they also seem to be giving you a higher residual. I thought the res of 10K miles was 62% not 63%.
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07-24-2010, 03:48 PM	#14
idonotmatch Private 5 Rep 72 Posts Drives: 2002 M5 Join Date: Feb 2007 Location: Seattle iTrader: (0)	For the $1,840 credit, how is that applied in a lease calculation? Would it be applied towards the cap cost? I'm trying to figure out what monthly payments would be, but can't find this information.
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07-24-2010, 04:08 PM	#15
edb5020 Private First Class 17 Rep 167 Posts Drives: 2008 BMW 328xi Join Date: Apr 2008 Location: PA iTrader: (0)	He probably means no cap cost reduction money down; not due at signing fees.[/QUOTE] That's an incredible amount of fees due at signing with no cap cost reduction. Unless there are MSD's factored in there, but there can not be because his MF is sky high __________________ 2011 BMW 328i X-drive Deep Sea Blue Metallic/Oyster Leather/Light Burl Walnut Trim/Step/Premium Package/Sport Package/NAV/Harman Kardon Sound/Heated Steering Wheel/Xenon
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07-25-2010, 02:07 PM	#19
Ryan335 Lieutenant 107 Rep 428 Posts Drives: Macan GTS Join Date: Apr 2007 Location: Chicago iTrader: (0)	Well I pulled the trigger! The car is set for week 35 production.... hopefully that means I will get the sept. production changes! The wait is going to be rough __________________ Present: ‘17 Macan GTS Past: ‘15 ML350, ‘13 E92 335i, ‘11 E92 335i, ‘06 E90 330i, ‘06 A4, ‘04 A4
	Appreciate 0 Quote