[R12ax7]

Hey guys, coming up on the end of my lease and wanted to see if anyone had any thoughts on this lease deal (thanks in advance for any feedback):

Prices below are all invoice prices (I think) – total MSRP = $57,045

2013 335i xDrive Sedan (N55) - $41,540
Manual Transmission (ZMT) - $0
Mineral Grey (B39) - $500
Aluminum Hexagon Interior Trim (4MR) - $0
Highlight trim finishers in Black high-gloss (4DL) - $0
Black Dakota Leather (LCSW) – Included in Premium Package
18" M Light allow wheels with all seasons (2PP) - $0
M Sport Line (ZMM) - $2,910
Cold Weather Package (ZCW) - $865
Dynamic Handling Package (ZDH) - $910
Premium Package (ZPP) - $2,000
Technology Package (ZTP) - $2,820

Destination Fee - $895
BMW Advertising and Training Fee - $480

Total invoice = $52,920

Dealer profit add - $500

Initial Cap Cost = $53,420

Rebate - $1,000

Residual for a 36 month / 10,000 miles per year lease = 63.00%

Money Factor = 0.00130

Total NY Sales Tax = 2,168.34

Total NY Sales Tax rolled into lease payments = $2,015.25

Total NY Sales Tax NOT rolled into lease payments (must be paid up front) = $153.09

Adjusted Cap Cost = $54,435.25 ($53,420 - $1,000 rebate + $2,015.25 in taxes)

Total Monthly Payment = $631.29

Total drive off cash due at start = $1,781.88 (first month’s payment of $631.29 + $153.09 in taxes that must be paid up front + $100 to register my existing license plate + $725 Acquisition Fee + $75 Documentation Fee + $75 Fuel Charge + $12.50 tire tax + $10.00 Inspection fee)

[Surefoot]

Is that monthly payment correct given the negotiated deal?

[PeterM]

I came up with the same payment, Do you know the residual for 15k miles

[ssedha]

Should be 60% my friend. 62% is for 12k a year.

[kobechrome]

Looks like a decent deal.

[Surefoot]

So folks agree that the monthly payment is calculated correctly given the negotiated deal?

[F30Alpine]

Originally Posted by R12ax7

Hey guys, coming up on the end of my lease and wanted to see if anyone had any thoughts on this lease deal (thanks in advance for any feedback):

Prices below are all invoice prices (I think) – total MSRP = $57,045

2013 335i xDrive Sedan (N55) - $41,540
Manual Transmission (ZMT) - $0
Mineral Grey (B39) - $500
Aluminum Hexagon Interior Trim (4MR) - $0
Highlight trim finishers in Black high-gloss (4DL) - $0
Black Dakota Leather (LCSW) – Included in Premium Package
18" M Light allow wheels with all seasons (2PP) - $0
M Sport Line (ZMM) - $2,910
Cold Weather Package (ZCW) - $865
Dynamic Handling Package (ZDH) - $910
Premium Package (ZPP) - $2,000
Technology Package (ZTP) - $2,820

Destination Fee - $895
BMW Advertising and Training Fee - $480

Total invoice = $52,920

Dealer profit add - $500

Initial Cap Cost = $53,420

Rebate - $1,000

Residual for a 36 month / 10,000 miles per year lease = 63.00%

Money Factor = 0.00130

Total NY Sales Tax = 2,168.34

Total NY Sales Tax rolled into lease payments = $2,015.25

Total NY Sales Tax NOT rolled into lease payments (must be paid up front) = $153.09

Adjusted Cap Cost = $54,435.25 ($53,420 - $1,000 rebate + $2,015.25 in taxes)

Total Monthly Payment = $631.29

Total drive off cash due at start = $1,781.88 (first month’s payment of $631.29 + $153.09 in taxes that must be paid up front + $100 to register my existing license plate + $725 Acquisition Fee + $75 Documentation Fee + $75 Fuel Charge + $12.50 tire tax + $10.00 Inspection fee)

Not too bad, only $10 off on invoice calculation. Msport is $2915 and Tech is $2825.

What i dont get is your location says Philly but all the fees and taxes you list shows NY state charges and NY dealer fee amounts. PA has different amounts

[Surefoot]

Should the $1,000 rebate be applied to reduce the selling price or to reduce the drive off cash? Better deal to use it to reduce the drive off cash, right? Otherwise, you only get the depreciation portion of the $1,000.

[Surefoot]

Originally Posted by Surefoot

Should the $1,000 rebate be applied to reduce the selling price or to reduce the drive off cash? Better deal to use it to reduce the drive off cash, right? Otherwise, you only get the depreciation portion of the $1,000.

Anyone have thoughts on this? Trying to finalize my deal tonight. Dealer has reduced the Initial Cap Cost (Invoice + $400) by $1,000, and then added in my sales tax in order to reach the "Adjusted Cap Cost" that my lease is run off of. I may be missing something, but seems like I'd be much better off having the $1,000 rebate credited against my first month's payment and fees due at signing.

Thanks!