10-03-2014, 09:03 PM | #1 |
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RATE MY LEASE – 2015 435i Grand Coupe
Hi guys! Please let me know if this lease seems right. How do I do?
2015 AW 435i GC, Coral Red M-Sport Driver Assistance Pkg Premium Pkg Navigation Harman Kardon MSRP: $56925 SELLING PRICE: $52150 ($750 below invoice) MF: .00129 (3.096%) Term: 36months, 15,000 miles Drive off or Upfront: $1260 Monthly payment: $695 I really don't know how they come to $695 a month, and what is that $555.00 fee? Please see the attached image. Last edited by Vietballerz; 10-03-2014 at 09:22 PM.. |
10-03-2014, 09:18 PM | #3 |
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Looks pretty good to me. The $555 is an acquisition fee. I think they usually say the dealer cost is usually $750 so it looks like it's discounted. I don't know a ton about leases. I just got my gc for $1300 under invoice but I had to work pretty hard at it. I think anytime you get under invoice, you are doing pretty good for a lease. Good luck!
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10-03-2014, 09:52 PM | #4 |
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Drives: 2018 340i M Sport
Join Date: Apr 2006
Location: Chicago, Edgewater (via Texas & Tennessee)
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Garage List 2018 BMW 340i M Sport [8.58]
2020 BMW M340i xDrive [9.00] 2018 BMW 340i M Sport [7.38] 2006 BMW 330i Sport [5.83] 2004 BMW 330i ZHP [7.13] 2000 BMW 328i [6.17] |
Based on the information you've given the Capitalized Cost/amount financed is $54,913.
The $555 is not the acquisition fee. The base fee is $725 and it can't be lower than that. They can mark it up by $200, but they cannot mark it down.
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10-04-2014, 07:17 PM | #6 |
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I think there's about 1k in there from BMW so technically it's 350 above invoice. Personally I think you did great considering low upfront. The 555 is likely doc fee, registration etc. congrats
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