Is this a good lease deal?

dfgu · 08-06-2013, 01:50 PM

Looking to get into my first F30. Lease on my E92 328xi coupe is up.

Model 133X 328xi SA S USD 38,850.00
Color 475 Black Sapphire Metallic 550.00
Upholstery KCSW Black Leatherette N/C
Options ZDH Dynamic Handling Package 1,000.00
2VF Adaptive M Suspension N/C
2VL Variable sport steering N/C
ZLP Lighting Package 900.00
522 Xenon headlights N/C
524 Adaptive light control N/C
ZMM M Sport 3,850.00
337 M Sport Package N/C
2PP 18" wheels 400M A/S tires N/C
481 Sport seats N/C
4DX Highlight trim finishers N/C
4MR Aluminum Hexagon interior trim N/C
710 M steering wheel N/C
715 Aerodynamic kit N/C
760 Shadowline exterior trim N/C
775 Anthracite headliner N/C
403 Moonroof 1,050.00
494 Heated front seats 500.00
609 Navigation system 2,150.00
615 Online Information Services N/C
6AA BMW TeleServices N/C
6AB TeleService Control N/C
6NL BMW Asst w/enhanced BT & USB N/C
6UH Real Time Traffic Information N/C
6VA CIC contribution N/C
6WA Instrument cluster N/C
8S4 Variable Light Decoding N/C
ZSA STEPTRONIC automatic trans. N/C
Net Total 48,850.00
Destination Charge 925.00
Total Suggested Price 49,775.00

Monthly Payment: $437

Total due at signing : $1,750 (Includes all inception fees, DMV fee, documentation fee and 1st month waived payment)
Term: 36 months
Mileage: 10k/year
Money Factor: 0.00120
Residual: 64%
Buy back price: $31,856

The selling price is $43,291. This includes all rebates such as loyalty, turnkey and the driving event.

This includes the BMW ultimate driving event coupon and loyalty.

Pauleebe · 08-06-2013, 02:59 PM

Quote:

Originally Posted by dfgu

Looking to get into my first F30. Lease on my E92 328xi coupe is up.

Model 133X 328xi SA S USD 38,850.00
Color 475 Black Sapphire Metallic 550.00
Upholstery KCSW Black Leatherette N/C
Options ZDH Dynamic Handling Package 1,000.00
2VF Adaptive M Suspension N/C
2VL Variable sport steering N/C
ZLP Lighting Package 900.00
522 Xenon headlights N/C
524 Adaptive light control N/C
ZMM M Sport 3,850.00
337 M Sport Package N/C
2PP 18" wheels 400M A/S tires N/C
481 Sport seats N/C
4DX Highlight trim finishers N/C
4MR Aluminum Hexagon interior trim N/C
710 M steering wheel N/C
715 Aerodynamic kit N/C
760 Shadowline exterior trim N/C
775 Anthracite headliner N/C
403 Moonroof 1,050.00
494 Heated front seats 500.00
609 Navigation system 2,150.00
615 Online Information Services N/C
6AA BMW TeleServices N/C
6AB TeleService Control N/C
6NL BMW Asst w/enhanced BT & USB N/C
6UH Real Time Traffic Information N/C
6VA CIC contribution N/C
6WA Instrument cluster N/C
8S4 Variable Light Decoding N/C
ZSA STEPTRONIC automatic trans. N/C
Net Total 48,850.00
Destination Charge 925.00
Total Suggested Price 49,775.00

Monthly Payment: $437

Total due at signing : $1,750 (Includes all inception fees, DMV fee, documentation fee and 1st month waived payment)
Term: 36 months
Mileage: 10k/year
Money Factor: 0.00120
Residual: 64%
Buy back price: $31,856

The selling price is $43,291. This includes all rebates such as loyalty, turnkey and the driving event.

This includes the BMW ultimate driving event coupon and loyalty.

This is a 2013 for 36 months 10K miles, correct?

dfgu · 08-06-2013, 03:02 PM

Quote:

Originally Posted by dwalls90

This is a 2013 for 36 months 10K miles, correct?

Yup.. that's correct.. Sorry, forgot about that part.

Wrinckled · 08-06-2013, 03:26 PM

Is this price with or without negotiating? Looks really good, and the money factor is pretty low.

dfgu · 08-06-2013, 03:28 PM

Quote:

Originally Posted by Wrinckled

Is this price with or without negotiating? Looks really good, and the money factor is pretty low.

Without negotiating. To be honest, i know it's pretty low, and not sure how much I can really negotiate with this deal already..

Wrinckled · 08-06-2013, 03:31 PM

Do you know someone at the dealership? I'm not an expert on pricing, but it seems like a very good deal.

Is this F30 new or have some miles on it?

Quote:

Originally Posted by dfgu

Without negotiating. To be honest, i know it's pretty low, and not sure how much I can really negotiate with this deal already..

dfgu · 08-06-2013, 03:33 PM

Quote:

Originally Posted by Wrinckled

Do you know someone at the dealership? I'm not an expert on pricing, but it seems like a very good deal.

Is this F30 new or have some miles on it?

Nope.. dont know anyone.. going through a broker actually, but he gets the cars from the dealers. Brand new.

mattj3 · 08-06-2013, 03:50 PM

I just leased (same terms, except my MF was .00127) a 328i m sport with MSRP of $51,300 and have a payment of $451. I ended up with a selling price of roughly $45,300 (about $2k under invoice) and only put $1000 down (the deposit). Same 3 rebates. Had VA not increased its tax rate by 1% while the car was being built, the payment would have been $437 - same as yours. They also threw in the CF spoiler, shifter, and black grilles (granted they screwed up the order and ordered 8AT instead of 6MT)

In my opinion, you're getting a great deal, but I think there is room to negotiate a bit more. My car is $1500 more than yours (MSRP). That being said, taxes are the tricky part. NY taxes will be different than VA - VA is 4% of the selling price. If NY taxes are calculated using the lease payment and/or are higher than VA, then it's hard to compare. For instance, if NY taxes are 6% and added to the selling price, then I think our deals are almost identical in real terms.

Did you check your configuration with invoice pricing on bmwconfig? Dealers need to get rid of MY13's, so you have leverage, especially for a stock car. Again, depends on your location and demand, but I think below invoice on MY13 is given at this point.

Overall, $437 for a near $50k car with very little cash down is hard to beat. That's a lot of car for a little cash.

vitriol · 08-06-2013, 04:03 PM

That's a great deal.

I always base my target price on what I would pay if I bought through USAA, my ins. company. USAA's price for that car, as configured, is $44,500... and that includes $1,500 rebate for USAA customers from BMWFS.

So you're paying well below that. Plus your MF is slightly lower than the lowest MF I'm aware of (I just leased through BMWFS at 0.00127).

Are you leasing through BMWFS?
What's your local sales tax rate?

If it were me, I'd take the deal.

Pauleebe · 08-06-2013, 08:42 PM

Dude this is definitely a good deal. Residual is set in stone, MF is definitely good. Invoice is probably around $46500, and even with incentives it looks like you're paying at invoice, but likely even under invoice.

I'd jump on it.

08-06-2013, 01:50 PM	#1
dfgu New Member 0 Rep 11 Posts Drives: 2008 335 Join Date: Mar 2009 Location: NYC iTrader: (0)	Is this a good lease deal? Looking to get into my first F30. Lease on my E92 328xi coupe is up. Model 133X 328xi SA S USD 38,850.00 Color 475 Black Sapphire Metallic 550.00 Upholstery KCSW Black Leatherette N/C Options ZDH Dynamic Handling Package 1,000.00 2VF Adaptive M Suspension N/C 2VL Variable sport steering N/C ZLP Lighting Package 900.00 522 Xenon headlights N/C 524 Adaptive light control N/C ZMM M Sport 3,850.00 337 M Sport Package N/C 2PP 18" wheels 400M A/S tires N/C 481 Sport seats N/C 4DX Highlight trim finishers N/C 4MR Aluminum Hexagon interior trim N/C 710 M steering wheel N/C 715 Aerodynamic kit N/C 760 Shadowline exterior trim N/C 775 Anthracite headliner N/C 403 Moonroof 1,050.00 494 Heated front seats 500.00 609 Navigation system 2,150.00 615 Online Information Services N/C 6AA BMW TeleServices N/C 6AB TeleService Control N/C 6NL BMW Asst w/enhanced BT & USB N/C 6UH Real Time Traffic Information N/C 6VA CIC contribution N/C 6WA Instrument cluster N/C 8S4 Variable Light Decoding N/C ZSA STEPTRONIC automatic trans. N/C Net Total 48,850.00 Destination Charge 925.00 Total Suggested Price 49,775.00 Monthly Payment: $437 Total due at signing : $1,750 (Includes all inception fees, DMV fee, documentation fee and 1st month waived payment) Term: 36 months Mileage: 10k/year Money Factor: 0.00120 Residual: 64% Buy back price: $31,856 The selling price is $43,291. This includes all rebates such as loyalty, turnkey and the driving event. This includes the BMW ultimate driving event coupon and loyalty. Last edited by dfgu; 08-06-2013 at 02:18 PM.. Reason: adding price
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08-06-2013, 03:26 PM	#4
Wrinckled Enlisted Member 14 Rep 43 Posts Drives: 1990 325i Join Date: Nov 2012 Location: CT iTrader: (0)	Is this price with or without negotiating? Looks really good, and the money factor is pretty low.
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08-06-2013, 03:50 PM	#8
mattj3 Enlisted Member 4 Rep 47 Posts Drives: 2013 328i M Sport Join Date: Jun 2013 Location: Alexandria, VA iTrader: (0) Garage List 2013 BMW 328i M Sport [0.00] 2013 BMW X3 xDrive2 ... [0.00]	I just leased (same terms, except my MF was .00127) a 328i m sport with MSRP of $51,300 and have a payment of $451. I ended up with a selling price of roughly $45,300 (about $2k under invoice) and only put $1000 down (the deposit). Same 3 rebates. Had VA not increased its tax rate by 1% while the car was being built, the payment would have been $437 - same as yours. They also threw in the CF spoiler, shifter, and black grilles (granted they screwed up the order and ordered 8AT instead of 6MT) In my opinion, you're getting a great deal, but I think there is room to negotiate a bit more. My car is $1500 more than yours (MSRP). That being said, taxes are the tricky part. NY taxes will be different than VA - VA is 4% of the selling price. If NY taxes are calculated using the lease payment and/or are higher than VA, then it's hard to compare. For instance, if NY taxes are 6% and added to the selling price, then I think our deals are almost identical in real terms. Did you check your configuration with invoice pricing on bmwconfig? Dealers need to get rid of MY13's, so you have leverage, especially for a stock car. Again, depends on your location and demand, but I think below invoice on MY13 is given at this point. Overall, $437 for a near $50k car with very little cash down is hard to beat. That's a lot of car for a little cash.
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08-06-2013, 04:03 PM	#9
vitriol Private First Class 15 Rep 128 Posts Drives: 2016 340i M Sport Join Date: Jun 2011 Location: Los Angeles iTrader: (0)	That's a great deal. I always base my target price on what I would pay if I bought through USAA, my ins. company. USAA's price for that car, as configured, is $44,500... and that includes $1,500 rebate for USAA customers from BMWFS. So you're paying well below that. Plus your MF is slightly lower than the lowest MF I'm aware of (I just leased through BMWFS at 0.00127). Are you leasing through BMWFS? What's your local sales tax rate? If it were me, I'd take the deal.
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08-06-2013, 08:42 PM	#10
Pauleebe Colonel 380 Rep 2,290 Posts Drives: Inbetween BMW's. Join Date: May 2013 Location: Washington, DC iTrader: (0)	Dude this is definitely a good deal. Residual is set in stone, MF is definitely good. Invoice is probably around $46500, and even with incentives it looks like you're paying at invoice, but likely even under invoice. I'd jump on it.
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