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      09-22-2016, 06:16 PM   #299
Mjosh
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Drives: E46 M3
Join Date: Feb 2015
Location: Los Angeles

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Quote:
Originally Posted by OneRib
Quote:
Originally Posted by Mjosh View Post
Hello everyone!

Really appreciate all the detailed information OP! Would someone mind helping me out (actually for a friend) that was quoted these numbers for a 2016 340i in CA.

Msrp: $55,845
Invoice: $52,050
MF:0.00136
36M/12K - $515 per month (taxes not included)

Not sure if this is enough information to find out if this deal is okay? I've never leased a vehicle before personally so I can't give advice... not sure what the sales price on 340's are currently against msrp or invoice but I'm assuming the sales price will be at invoice. Any feedback would be greatly appreciated!



Thank you in advance
Not enough info. You would still need to confirm they used a 61% residual and that they aren't adding in a lot of bogus fees. With what you have provided it looks like a good deal. The other thing I don't know is what is the current negotiated price for the 340. It could be below invoice.
Thanks for the quick response OneRib! As for the residual this is what they quoted:

63 - 10k
65 - 12k
66 - 15k

This was copied and pasted message from the dealer. I'm not sure but based on reading this thread seems backwards right?

Any other figures you would recommend I can ask for?

Really appreciate your help once again!
Appreciate 0