428 X drive Gran Coupe Lease Deal

EBIINYC · 08-26-2014, 07:44 PM

2015 BMW 4 SERIES GRAN COUPE 428i xDrive

Term 36

Total Payment 575
Purchase Option 34,634.25
MSRP 54,975.00
Est. Miles Per Year 10,000
Disposition Fee 350.00

Amount Due at Signing
1st Month Payment 575
Acquisition Fee 725.00
Fees & Insurance 499.00
Upfront Taxes 170.76
Total Inception Fees 1,970.83
Rebate as Cap Reduction 1,000.00
Total Drive Off 2,970.83
Total Cash Required on Delivery 1,970.83

Cashdown Tax 170.76 8.875 Upfront
Upfront Tax 1,833.08 8.875 Capped
Registration 300.00 Upfront
Doc Fee 199.00 Upfront

Its a 54,975K Car with a lot of options

Please give me your opinion on this lease and tell me if I could do better?

DocB · 08-26-2014, 08:39 PM

What is you money factor, what is your residual?

jonkarn · 08-27-2014, 04:28 PM

Don't know your MF or residual so can't comment on this particular deal, but I can tell you the best way to maximize your lease is to take all that up frint money/down payment and put it towards maxing out Multiple Security Deposits instead. Putting money down on a lease isn't a smart move. If anything happens to the car, stolen or totaled, that down payment is usually gone. Put 0 down, and I mean 0(taxes rolled in as well), and try to max out your MSDs at around $4200. That money comes back to you at lease end and you will save $30-40 mth on your payments.

EBIINYC · 09-06-2014, 02:32 PM

The deal I got ended up being better, I'm not sure about the relevance of the mf or residual considering this is not a purchase but a lease deal. As far as the figures go I always focus on the money for inception upfront as well as the monthly payment, thats what it boils down to in the end. With that being said my current deal is $547 / mo. and $1750 upfront for a $54,975 car.

08-26-2014, 07:44 PM	#1
EBIINYC Private First Class 55 Rep 190 Posts Drives: 4GC Join Date: Nov 2011 Location: NY iTrader: (0)	428 X drive Gran Coupe Lease Deal - Opinion? 2015 BMW 4 SERIES GRAN COUPE 428i xDrive Term 36 Total Payment 575 Purchase Option 34,634.25 MSRP 54,975.00 Est. Miles Per Year 10,000 Disposition Fee 350.00 Amount Due at Signing 1st Month Payment 575 Acquisition Fee 725.00 Fees & Insurance 499.00 Upfront Taxes 170.76 Total Inception Fees 1,970.83 Rebate as Cap Reduction 1,000.00 Total Drive Off 2,970.83 Total Cash Required on Delivery 1,970.83 Cashdown Tax 170.76 8.875 Upfront Upfront Tax 1,833.08 8.875 Capped Registration 300.00 Upfront Doc Fee 199.00 Upfront Its a 54,975K Car with a lot of options Please give me your opinion on this lease and tell me if I could do better?
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08-26-2014, 08:39 PM	#2
DocB Lieutenant 312 Rep 583 Posts Drives: 2020 M340i Join Date: Jul 2014 Location: Maryland iTrader: (0)	What is you money factor, what is your residual?
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08-27-2014, 04:28 PM	#3
jonkarn Second Lieutenant 11 Rep 201 Posts Drives: '14 F31 M-Sport Stage 1 GS Join Date: Nov 2013 Location: NJ iTrader: (0)	Don't know your MF or residual so can't comment on this particular deal, but I can tell you the best way to maximize your lease is to take all that up frint money/down payment and put it towards maxing out Multiple Security Deposits instead. Putting money down on a lease isn't a smart move. If anything happens to the car, stolen or totaled, that down payment is usually gone. Put 0 down, and I mean 0(taxes rolled in as well), and try to max out your MSDs at around $4200. That money comes back to you at lease end and you will save $30-40 mth on your payments.
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09-06-2014, 02:32 PM	#4
EBIINYC Private First Class 55 Rep 190 Posts Drives: 4GC Join Date: Nov 2011 Location: NY iTrader: (0)	The deal I got ended up being better, I'm not sure about the relevance of the mf or residual considering this is not a purchase but a lease deal. As far as the figures go I always focus on the money for inception upfront as well as the monthly payment, thats what it boils down to in the end. With that being said my current deal is $547 / mo. and $1750 upfront for a $54,975 car.
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