[karankukkar]

Hi all,

I would really appreciate if you guys can provide some feedback on the lease deal just got from my CA. This is my first time leasing pretty new to all this.

340i with M sports pkg, track handling pkg, driver assistance pkg, navigation system, adaptive m suspension, heated front seats.

Msrp- 57,075
Fees- 1575
Add on- 448
Discount- 6231.00 includes 1000 incentive
Gross cap cost- 52867. 00
Net cap cost reduction- 2780.61 ( asking 3500 down payment)
Net cap cost- 50,087
Residual- .63
Mileage- 10000
MF=. 00158

Monthly payment -544.30


Thank you all

[BEM-S4]

Do not do a cap cost reduction, throw $ at MSD if you have it to spare.

[Buzzo]

Originally Posted by karankukkar

Hi all,

I would really appreciate if you guys can provide some feedback on the lease deal just got from my CA. This is my first time leasing pretty new to all this.

340i with M sports pkg, track handling pkg, driver assistance pkg, navigation system, adaptive m suspension, heated front seats.

Msrp- 57,075
Fees- 1575
Add on- 448
Discount- 6231.00 includes 1000 incentive
Gross cap cost- 52867. 00
Net cap cost reduction- 2780.61 ( asking 3500 down payment)
Net cap cost- 50,087
Residual- .63
Mileage- 10000
MF=. 00158

Monthly payment -544.30


Thank you all

Those options do not add up to $57,075, but going by this msrp, your invoice is around $53,200, minus the 1K incentive is $52,200.
What exactly is your sales price, and what is the doc fee? Those two and the money factor are negotiable, the rest is not.
Let's say your sales price including doc fee is about $500 over invoice. With good credit and base money factor (.00138 for May) you're looking at about $587 per month before taxes (per spreadsheet here: http://www.bimmerfest.com/forums/sho...d.php?t=830104).
With max MSD's (as already suggested) it comes down to $544 per month before taxes.
I see several problems: no break down of the 'fees'/'add on', you should not put a down payment on a lease (use cash for MSD's instead) and the dealer is marking up the money factor. You might be thousands away from a good deal here.

[Pauleebe]

Originally Posted by Buzzo

Those options do not add up to $57,075, but going by this msrp, your invoice is around $53,200, minus the 1K incentive is $52,200.
What exactly is your sales price, and what is the doc fee? Those two and the money factor are negotiable, the rest is not.
Let's say your sales price including doc fee is about $500 over invoice. With good credit and base money factor (.00138 for May) you're looking at about $587 per month before taxes (per spreadsheet here: http://www.bimmerfest.com/forums/sho...d.php?t=830104).
With max MSD's (as already suggested) it comes down to $544 per month before taxes.
I see several problems: no break down of the 'fees'/'add on', you should not put a down payment on a lease (use cash for MSD's instead) and the dealer is marking up the money factor. You might be thousands away from a good deal here.

.. I was going to say that the fact pattern didn't come out to be that monthly payment.

[karankukkar]

Thank you all for the feedback I really appreciate it I have attached picture of the breakdown I got from the CA.

[Buzzo]

Originally Posted by karankukkar

Thank you all for the feedback I really appreciate it I have attached picture of the breakdown I got from the CA.

Where in this are the acquisition ($925) and doc (dealer decides) fees hiding?
The cap cost after 'discount', 'fees' and 'add on' is about $600-700 over invoice, so not too bad. But .00158 MF and the down payment are not good.