[Sayzar]

Model
428 xdrive Grand Coupe Alpine White
M Sport

Black Dakota Leather

Cold Weather Package

Driver Assistance Package

M Sport

Premium Package

19" wheels 403 M HP tires

Sport seats

Navigation system


Residual is 63%
MF .00130
$3000 total out of pocket at $549 monthly

Total Suggested Price 53,000

[Dnap75]

How did you know the residual percentage?
I'm leading an 428i M sport Conv.
I am wondering what the residual % # is?

[WWM3]

Originally Posted by Dnap75

How did you know the residual percentage?
I'm leading an 428i M sport Conv.
I am wondering what the residual % # is?

When did you sign the deal?

[Aaaaaaaaa]

How do you sign a lease without knowing basic facts about a lease.

[Dnap75]

Originally Posted by WWM3

When did you sign the deal?

I haven't signed anything yet. I'm trying to get as much info first. My car is still on the ocean on its way here
How do I find out the residual % that should be used ? , when I'm plugging the numbers into the formulas

[WWM3]

Originally Posted by Dnap75

I haven't signed anything yet. I'm trying to get as much info first. My car is still on the ocean on its way here
How do I find out the residual % that should be used ? , when I'm plugging the numbers into the formulas

What month did you lock in your deal and place the order?

[carzaddict]

the price seems a little on the higher side. Are you paying the taxes upfront in the $3k or are they rolled into payment?

Instead of doing money down, tell them you want to do multiple security deposit

[Sayzar]

I have not sign anything this is what the dealer gave me so far. just need help to see how to get the best deal sorry guys I am new to this.

[reu2]

It's really hard to gauge a lease deal without key info.

The residue, when leased through BMW, is pretty much set in stone dependent on the length and milage of the lease deal. For example a 4 series on a 39 mo 10K lease 63% is pretty standard for the last couple months on a 3 or 4 series BMW (yes it can change month to month). 62% on a 39/12k, and 60% on a 39/15k.

You can often save money on other factors though, don't get hung up on the residual. Residual mattered more when banks would compete for leases. Banks couldn't beat the Manufacturer terms due to external expense and that doesn't happen very often anymore.

You can save money elsewhere though; for example many of the lease fees are negotiable (I talked them down $900 without much effort).

Putting a couple months payments down can also reduce overall interest.

Don't buy miles over what you know you need, BMW leases basically estimate $.15 per mile, and you can at anytime add miles before that last day of the lease at $.16 per mile. You only pay the penalty fee of $.21 per mile if you wait until the last day of the lease. Buying even a thousand miles at $.16 is cheaper than moving up to higher lease package with higher fees and reduced residual value.

Also be flexible on the length of the lease, there is a little easy value at 39mo vs 36 mo, and to be honest, your dealer will be calling you before then to trade up.

Don't be overly concerned with Lease termination Fees, most dealerships will cover this for you (with a little nudging) when you go to buy your next car. If you lease another BMW, they'll just sweep under the rug.

You shouldn't be paying more than Edmonds or Trucar estimate of a fair value. Negotiate the gross capital price of the car down as if you're buying it.

There are more tips I'm sure, buying a car has become such a game these days. Just do the math, and you'll be fine.