[twocupsofbutter]

Lease
Term:
39 Months
Miles per year:
10,000 miles/year
Tax State:
(6.25% Sales Tax,Capped)
MSRP:
$62,425.00
+ Additions:
$0.00
+ Sales Tax (Cap):
$3,651.56
= Total MSRP:
$62,425.00
+ Adjustments:
$0.00
Extra Miles:
$0.00
Base Residual %:
59
+10K Miles/Year adj:
3%
= Residual %:
62
Residual:
$38,703.50
Money Factor:
0.00185
Rate Ends:
2015-02-02
Term:
39 months
MSRP:
$62,425.00
- Discount:
$4,000.00
= Sale Price:
$58,425.00
= Total Sale Price:
$58,425.00
+ Svc. Contracts:
$0.00
- Trade Equity CR:
$0.00
+ Sales Tax (Cap):
$3,651.56
+ VIT Tax:
$118.02
- Cash Cap Red:
$1,442.30
- Rebate Cap Red:
$0.00
+ Acq Fee:
$995.00
= Total Cap Cost:
$61,747.28
Base Payment:
$776.70
= Total Payment:
$776.70
Trade Allowance:
$0.00
Payoff:
$0.00
Trade Equity:
$0.00
Equity to COD:
$0.00
Equity to CR:
$0.00
Monthly Payment:
$776.70
First Payment:
$776.70
+ Security:
$0.00
+ DMV Fees:
$0.00
+ Doc Fee:
$150.00
+ License Fee:
$51.75
+ Title Fee:
$33.00
+ Safety Inspection:
$23.75
+ Road & Bridge Fee:
$12.50
+ Deputy Fee:
$5.00
+ Temp Tag Fee:
$5.00
+ Other Fees:
$0.00
+ Tax on Fees:
$0.00
= Sub Total:
$1,057.70
+ Cash Cap Red:
$1,442.30
+ Rebate Cap Red:
$0.00
+ Tax on Cap Red:
$0.00
- Rebate:
$0.00
= Cash Due on Lease:
$2,500.00
- Trd Equity to COD:
$0.00
= Total Cash Due:
$2,500.00
- Deposit:
$0.00
= Cash on Delivery:
$2,500.00

[gm1963]

go to www.leaseguide.com and use the lease calculator to verify your numbers, if it doesn't come up with the same payment there...you know something's not right

good luck!

[Amused]

Why go 39 months? The sweet spot for residual on BMW's is 36 months. The money factor also seems high. How's your credit?

[twocupsofbutter]

credit is 780-795

Ill check out that website

I just don,t know what parts of this need to change

[Damon44]

Originally Posted by Amused

Why go 39 months? The sweet spot for residual on BMW's is 36 months. The money factor also seems high. How's your credit?

Bmw NA has been promoting 39 month leases in their promos. We actually got a better rate on 39 months than 36 months. They threw in the last 3 months at no extra charge . If you check their web site for lease offers the prominent time period is 39 months.
Truthfully I wonder why?

[Amused]

Originally Posted by twocupsofbutter

credit is 780-795

Ill check out that website

I just don,t know what parts of this need to change

Unless BMW really jacked up their money factor; then what dealer quoted you is their fluff. Going from a 3% to a 4% (money factor=percentage) adds $40 month. It's typical for most dealers to do this as most customers aren't aware of the money factor. I would search around for the current money factor. Interesting that 39 months is the new sweet spot for leasing.
I have an excel spreadsheet made for figuring out leasing I can email you if you want to PM me your email.

[alex2364]

They jacked up your money factor and acquisition fee. You should also be able to get a bigger discount on the car price.

[smithf80]

Originally Posted by Damon44

Bmw NA has been promoting 39 month leases in their promos. We actually got a better rate on 39 months than 36 months. They through in the last 3 months at no extra charge . If you check their web site for lease offers the prominent time period is 39 months.
Truthfully I wonder why?

Maybe they plan on having intentionally poor incentive programs around the time that all these 39 month leases end....

Did I just start a conspiracy?

[shoptb]

Originally Posted by Damon44

Bmw NA has been promoting 39 month leases in their promos. We actually got a better rate on 39 months than 36 months. They through in the last 3 months at no extra charge . If you check their web site for lease offers the prominent time period is 39 months.
Truthfully I wonder why?

39 months is the new "sweet spot" du jour. BMW Finance is constantly forecasting for the future to determine how many vehicles they will have off-lease at any time. Longer lease periods tend to indicate that BMW Finance believes that they will have more vehicles in the short-term, thus they want to place incentives on long-term leases in order to avoid having too much inventory in the short-term.

[twocupsofbutter]

price wise we agreed on $250 over invoice minus the current incentive .
I had a leather dash and have been waiting ....just cancelled my order and looking a leasing without the dash .

So the discount should be larger than the $4000 ....more like $5000

unless you know where I can get it lower

[fecurtis]

Originally Posted by Damon44

Bmw NA has been promoting 39 month leases in their promos. We actually got a better rate on 39 months than 36 months. They threw in the last 3 months at no extra charge . If you check their web site for lease offers the prominent time period is 39 months.
Truthfully I wonder why?

Because it's winter. They'd rather you return it in the spring, easier to sell then. Not as many people shop for cars during the winter because it's cold (obviously) and for most of winter, people are still recouping from holiday spending.

[DocB]

MF is high. Should be .0013 with your credit rating.

[twocupsofbutter]

another thing is I drive 15k miles a year , not sure how this would change things .

[EJL]

Originally Posted by twocupsofbutter

another thing is I drive 15k miles a year , not sure how this would change things .

It would only change the residual. They are ripping you off on the MF.

The interest rate = MF x 2400

Base BMW MF is .0013 right now (unless doing european delivery). Everything else is profit they are tucking in there.

[sonystyle02]

2014 435i Msport
Loaded sans cold weather/driver assist/HK audio
+ M performance aero parts
36mo lease
CA tax
12k/mi/yr

$780/mo
about $1500 due @ signing
(and my credit is meh...)

[carzaddict]

wow, thats high

[omaralt]

just for perspective i'm driving a very similar MSRP 435i ($62.9K) and i paid $1300 @ delivery (first month and a few fees) and i'm paying $650 + tax for 12k miles a year

[alex2364]

For a good deal, your monthly lease payment should be close to 1% of the car's MSRP with $0 due at signing. For example, I'm leasing a $60k 335i for 12k miles with $0 due at signing except for 7 MSDs at $600/month including tax.

[omaralt]

Originally Posted by alex2364

For a good deal, your monthly lease payment should be close to 1% of the car's MSRP with $0 due at signing. For example, I'm leasing a $60k 335i for 12k miles with $0 due at signing except for 7 MSDs at $600/month including tax.

lol you mean for an amazing deal. if you get down to 1% of the cars MSRP with 0 down its not a good deal, it's an amazing deal

[twocupsofbutter]

I just need to know where to get a deal like this

other problem is I am always chasing the next car ...like the M2 or the LCI
really the 4 grand coupe is the best fit

off topic do you think it will get the engine refresh soon?

[mbanks21]

Originally Posted by twocupsofbutter

I just need to know where to get a deal like this

other problem is I am always chasing the next car ...like the M2 or the LCI
really the 4 grand coupe is the best fit

off topic do you think it will get the engine refresh soon?

I read the 4 and CG won't get the refresh until next year

[Damon44]

Originally Posted by twocupsofbutter

off topic do you think it will get the engine refresh soon?

If the engine concerns you, just add the MPPk and you have more horsepower instantly.