[Turboforthewin]

MSRP $56120
M Sport 6MT
Tech
Driver Assist
Heated
HK
Black Grilles
CF knob alcantra boot
carbon fiber brake
front splitter
rear deck spoiler

0 money down
$650 a month, tax included (8% sales tax)
39 month lease
10k per year

[Turboforthewin]

ZDA Driver Assistance Package $950
Rear View Camera
Park Distance Control
ZMM M Sport $3,000
M Sport Package
Without Lines Designation Outside
Estoril Blue Matte Highlight Trim Finishers
Aluminum Hexagon Interior Trim
M Sport Suspension
M Steering Wheel
Aerodynamic Kit
Shadowline Exterior Trim
Anthracite Headliner
ZTP Technology Package $3,150
Navigation System w/Touchpad
Head-Up Display
2PF Wheels: 19 x 8 Front & 19 x 8.5 Rear (Style 403M) $900
Star-spoke. Tires: P225/40R19 Fr & P255/35R19 Rr Mixed Summer.
688 harman/kardon Surround Sound System $875
494 Heated Front Seats $500

[jinnrice]

seems kinda high
My msrp58550
Msport estoril blue
Auto 8spd
Premium
T ch package
Cold weather
Parking assist
hK sound system
Black grills
579.00 month/39 months/10k a year
I put first month and taxes and fees up front 1904.00

[Turboforthewin]

Where should I be on that car?

[jinnrice]

I built my original car at 56550,
Price was the 563 month/39months/10k miles. Same tax/fees n first month up front (about1900 also). Nothing else down. This was from a broker. Bestbuyleasing.com... I was skeptical at first. Never went through a broker for a car. But his price cannot be matched by any dealer around me. Dealers came in at 599 for the same built 56550. Price for the built of 58000 would off Been 625 or so... i would say 560 something should be good...

[Turboforthewin]

Im not looking to put the 1st payment down or any of the fees. 0 out of pocket.

[jinnrice]

I thought tax/fees/first payment is a must?

[Turboforthewin]

Your taxes are based on your payment in a lease. For example, a base payment of $500 would be $540 after tax here in Orange County for me.

Your drive off's can be rolled into your lease payment, no actual money is necessary at the start of the lease.

[Turboforthewin]

Just negotiated this deal

MSRP 52950
Selling price 46000

6MT
MSport
Tech
DA
403M

[Prissy]

Mine:
MSRP $600XX

0 money down
$555 a month, tax included (NY sales tax)
39 month lease
10k per year

[Turboforthewin]

What was the final selling price of your vehicle and when did you purchase?

[Turboforthewin]

Im at $46000 which includes the $1000 holiday credit from BMW.

Thats a savings of $6900.

Is that a good deal?

[Prissy]

Originally Posted by Turboforthewin

What was the final selling price of your vehicle and when did you purchase?

Originally Posted by Turboforthewin

Im at $46000 which includes the $1000 holiday credit from BMW.

Thats a savings of $6900.

Is that a good deal?

I don't care about final selling price, all I care about is the MSRP and my monthly payment. It's a lease and I am not looking to keep my car after 39 months (I will get out the lease early with the pull program).

What is your MSRP and Monthly payment and any down? That's all it matters.

[puma1552]

Originally Posted by Prissy

I don't care about final selling price, all I care about is the MSRP and my monthly payment. It's a lease and I am not looking to keep my car after 39 months (I will get out the lease early with the pull program).

What is your MSRP and Monthly payment and any down? That's all it matters.

This is the absolute worst way to get a lease.

You do realize your monthly payment is based on the selling price of the car, right? You didn't pay MSRP for your car and shop on payment and tell the dealer "I don't care I just want it to cost $XXX per month," did you?

You absolutely do care about the selling price of the car.

Shop for a car based on vehicle price, not monthly payment, regardless of if you're leasing or buying.

[Prissy]

Originally Posted by puma1552

This is the absolute worst way to get a lease.

You do realize your monthly payment is based on the selling price of the car, right? You didn't pay MSRP for your car and shop on payment and tell the dealer "I don't care I just want it to cost $XXX per month," did you?

You absolutely do care about the selling price of the car.

Shop for a car based on vehicle price, not monthly payment, regardless of if you're leasing or buying.

I do realize your monthly payment is based on the selling price of the car, but whats left over after the lease, has NOTHING to do with me So why care? Don't be so surprised... This is the right way to lease a car.

People be talking about selling price on a lease but ends up getting ripped off by other stuff at the end.

[puma1552]

Originally Posted by Prissy

I do realize your monthly payment is based on the selling price of the car, but whats left over after the lease, has NOTHING to do with me So why care? Don't be so surprised... This is the right way to lease a car.

This doesn't make any sense. You're saying that the monthly payment is indeed based on the selling price, but then telling the OP not to care about the selling price of the car. Has nothing to do with the residual, that's set based on the MSRP regardless of the negotiated selling price. Therefore a lower selling price against a set $ residual value results in lower lease payments, plain and simple.

To oversimplify, if I lease a $60k car with a $30,000 residual and I pay sticker, I owe $30k in lease payments. If I negotiate that $60k selling price down to $50k (all other things equal), I owe $20k in lease payments.

[Prissy]

Originally Posted by puma1552

This doesn't make any sense. You're saying that the monthly payment is indeed based on the selling price, but then telling the OP not to care about the selling price of the car. Has nothing to do with the residual, that's set based on the MSRP regardless of the negotiated selling price. Therefore a lower selling price against a set $ residual value results in lower lease payments, plain and simple.

To oversimplify, if I lease a $60k car with a $30,000 residual and I pay sticker, I owe $30k in lease payments. If I negotiate that $60k selling price down to $50k (all other things equal), I owe $20k in lease payments.

But "AT THE END" it's all about how much you pay monthly and how many months you have pay. The reason why MSRP is important is to know how expensive the car really is when you want to compare your quote with other peoples quote. Sure you can talk about selling price, but why? You are not paying for residuals after all.

Edit: You can't judge how good a deal is w/o knowing the MSRP. So it's better just to cut all the BS with the car sales and go straight to the point.

[puma1552]

And "AT THE END" the dealer makes the most money off fools who only come in looking for monthly payment $XXX.

I don't think you should be leasing, because you obviously don't understand how it works. How can you not understand that the selling price contributes greatly to the monthly payment?

I don't understand why you keep babbling on about residuals, since they are a constant and the dollar value of the residual does not change regardless of selling price, but your lease payment most certainly does.

Lower selling price, same residual, lower lease payments.

Your comment about MSRP being important to know how expensive the car really is to compare quotes with other people doesn't make any sense either.

To the OP, ignore Prissy, he hasn't a clue what he's talking about or how to lease a car. He walks in with payment $XXX in his mind and tells the dealer "give me payment $XXX!" and they make absolutely sure to oblige him.

[Prissy]

Originally Posted by puma1552

And "AT THE END" the dealer makes the most money off fools who only come in looking for monthly payment $XXX.

I don't think you should be leasing, because you obviously don't understand how it works. How can you not understand that the selling price contributes greatly to the monthly payment?

I don't understand why you keep babbling on about residuals, since they are a constant and the dollar value of the residual does not change regardless of selling price.

Lower selling price, same residual, lower lease payments.

Your comment about MSRP being important to know how expensive the car really is to compare quotes with other people doesn't make any sense either.

To the OP, ignore Prissy, he hasn't a clue what he's talking about or how to lease a car. He walks in with payment $XXX in his mind and tells the dealer "give me payment $XXX!" and they make absolutely sure to oblige him.

You have no idea what you are talking about lol. It's not my first time leasing and financing a car.
And why are you so mad? Look at the deal I posted above and tell me I got a good price or not. By looking at it, can you tell me WHY you need to know the selling price?

I've gotten people on the forum and friends in real life with the similar deals. And they were all EXTREMELY happy.

[puma1552]

Originally Posted by Prissy

You have no idea what you are talking about lol. It's not my first time leasing and financing a car.
And why are you so mad? Look at the deal I posted above and tell me I got a good price or not. By looking at it, can you tell me WHY you need to know the selling price?

I've gotten people on the forum and friends in real life similar deals. And they were all EXTREMELY happy.

You didn't even include enough information to determine if you got a good deal or not. Surely a leasing pro like you would at least know the numbers that need to be shared to go into determining that, right? I'm sure the dealer knows the selling price and all the numbers in the deal, if the consumer who is shelling out the cash determined from all those numbers doesn't even know them or care to know them, then that's all that needs to be said about that consumer, I guess.

I'm not mad, but I'm calling you out on giving garbage advice to the OP. Anyway I'm done, it looks like the OP already understands that the lease payment is heavily dependent on the negotiated selling price of the car, so he's already a step ahead.

[Prissy]

Originally Posted by puma1552

You didn't even include enough information to determine if you got a good deal or not. Surely a leasing pro like you would at least know the numbers that need to be shared to go into determining that, right?

I'm not mad, but I'm calling you out on giving garbage advice to the OP. Anyway I'm done, it looks like the OP already understands that the lease payment is heavily dependent on the negotiated selling price of the car, so he's already a step ahead.

What other infos do you need? Giving you the sell price won't do anything, the deal is in front of you already... THE DEALER CAN SELL YOU THE CAR CHEAPER, BUT AT THE END THEY WILL ADD STUFF ON TO YOUR MONTHLY PAYMENT. So selling price means NOTHING in a lease (if you are not buying the car out). Just be quick and get to the bottom of the deal.

I was like you before and always focused on negotiating the sell price, but no... That was a BAD BAD idea. Good selling price DOESN'T mean you are getting a good deal. Don't be fooled.

[puma1552]

So I guess you don't know your interest rate either.

Who cares though, the deal is in front of you already! lol

Originally Posted by Prissy

THE DEALER CAN SELL YOU THE CAR CHEAPER, BUT AT THE END THEY WILL ADD STUFF ON TO YOUR MONTHLY PAYMENT.

Not if you know the details of your deal, which you obviously don't.