Fees and Drive off $$

snelldogg · 08-16-2013, 10:01 AM

Getting an 2014335M Sport with MSRP of $53,075
Through ED getting the car at $46,570

I'm ok with the cost of the car but can you please help me understand the fees for driveoff? Based on my experience leasing they seem high by about $500

36Months, 10k per year
MF .00155
Res 61

1st Month $543
Fees in question...
Bank Fee 725
NJMV and Luxury Tax $563.85
Doc Fee $398

Total drive off $2243.99

Really appreciate you guys looking at this!

bavarianboar · 08-17-2013, 02:00 AM

Mf looks high to me. I don't know if its Euro delivery rate.

See ridewithg.com for residuals n mf

JasonX4MComp · 08-17-2013, 08:33 AM

Its the correct MF since its a ED

bavarianboar · 08-17-2013, 12:01 PM

Quote:

Originally Posted by Jason335iMsport

Its the correct MF since its a ED

Gotcha! Thanks for correcting me. Wonder why it is higher than the US delivery MF though.

OP, you can always rely on Jason!

Cobu · 08-17-2013, 03:56 PM

Quote:

Originally Posted by snelldogg

Getting an 2014335M Sport with MSRP of $53,075
Through ED getting the car at $46,570

I'm ok with the cost of the car but can you please help me understand the fees for driveoff? Based on my experience leasing they seem high by about $500

36Months, 10k per year
MF .00155
Res 61

1st Month $543
Fees in question...
Bank Fee 725
NJMV and Luxury Tax $563.85
Doc Fee $398

Total drive off $2243.99

Really appreciate you guys looking at this!

Residual seems low for 36months/10k/m. Doc fee seems $200 too high.
I got the same msrp 2013 Msport for a similar negotiated price (after incentives) for $480/month, $1,500 out the door.

snelldogg · 08-17-2013, 04:56 PM

Quote:

Originally Posted by Cobu

Quote:

Originally Posted by snelldogg

Getting an 2014335M Sport with MSRP of $53,075
Through ED getting the car at $46,570

I'm ok with the cost of the car but can you please help me understand the fees for driveoff? Based on my experience leasing they seem high by about $500

36Months, 10k per year
MF .00155
Res 61

1st Month $543
Fees in question...
Bank Fee 725
NJMV and Luxury Tax $563.85
Doc Fee $398

Total drive off $2243.99

Really appreciate you guys looking at this!

Residual seems low for 36months/10k/m. Doc fee seems $200 too high.
I got the same msrp 2013 Msport for a similar negotiated price (after incentives) for $480/month, $1,500 out the door.

I need to understand how you got this deal. I know residuals are quite a bit lower now but 480 seems like a stretch. 1500 drive off with similar fees seems impossible.

Enlighten me...

Cobu · 08-18-2013, 12:54 PM

Res. for 10k - 65%. Neg. Price - slightly below invoice, minus incentives. MF 0.00127.

snelldogg · 08-19-2013, 08:11 AM

Well done, residual is killing me. Hopefully gets better in Sept.

ZheHbKa · 08-19-2013, 08:35 AM

everything is correct (residual and MF, bank)

not sure about Luxury tax, i just signed a lease on almost to a dollar same price car and didnt have that

///jbeck · 08-21-2013, 01:19 PM

Quote:

Originally Posted by bavarianboar

Gotcha! Thanks for correcting me. Wonder why it is higher than the US delivery MF though.

OP, you can always rely on Jason!

It covers the month that do you not pay. You will generally be in Europe when your 2nd month is due, BMW makes that payment, but covers that with a higher MF.

08-16-2013, 10:01 AM	#1
snelldogg First Lieutenant 104 Rep 364 Posts Drives: New to the stable. G87 BG, 6MT Join Date: Sep 2007 Location: NJ iTrader: (0)	Fees and Drive off $$ Getting an 2014335M Sport with MSRP of $53,075 Through ED getting the car at $46,570 I'm ok with the cost of the car but can you please help me understand the fees for driveoff? Based on my experience leasing they seem high by about $500 36Months, 10k per year MF .00155 Res 61 1st Month $543 Fees in question... Bank Fee 725 NJMV and Luxury Tax $563.85 Doc Fee $398 Total drive off $2243.99 Really appreciate you guys looking at this! __________________ ED Pickup 9/14: 2014 335msport, MG, Black Leather, Tech, DHP, MSport Brakes, 6mt, Borla S Type 2023 G87 BG, 6MT, Bi Color, Red Calipers Last edited by snelldogg; 08-16-2013 at 10:57 AM..
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08-17-2013, 02:00 AM	#2
bavarianboar Lieutenant Colonel 332 Rep 1,771 Posts Drives: 2020 540i, 2020 430i Join Date: Mar 2010 Location: NorCal iTrader: (0)	Mf looks high to me. I don't know if its Euro delivery rate. See ridewithg.com for residuals n mf __________________ Driving: 2020 540i M-Sport Carbon Black, Ivory Nappa - Dec 2019 BTO - Feb 2020 Delivery Returned: 2016 535i M-Sport Carbon Black, Ivory Nappa :: 2014 F30 335i M-Sport Min Grey, Coral Red :: 2011 E90 328i Deep Sea Blue, Oyster Dakota
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08-17-2013, 08:33 AM	#3
JasonX4MComp Banned 237 Rep 933 Posts Drives: 2023 X4M Comp Join Date: Apr 2013 Location: BMW of Bel Air, MD iTrader: (0)	Its the correct MF since its a ED
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08-18-2013, 12:54 PM	#7
Cobu Second Lieutenant 14 Rep 210 Posts Drives: 2013 335i M-Sport 6MT Join Date: Aug 2008 Location: Philly iTrader: (0)	Res. for 10k - 65%. Neg. Price - slightly below invoice, minus incentives. MF 0.00127.
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08-19-2013, 08:11 AM	#8
snelldogg First Lieutenant 104 Rep 364 Posts Drives: New to the stable. G87 BG, 6MT Join Date: Sep 2007 Location: NJ iTrader: (0)	Well done, residual is killing me. Hopefully gets better in Sept. __________________ ED Pickup 9/14: 2014 335msport, MG, Black Leather, Tech, DHP, MSport Brakes, 6mt, Borla S Type 2023 G87 BG, 6MT, Bi Color, Red Calipers
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08-19-2013, 08:35 AM	#9
ZheHbKa Lieutenant Colonel 78 Rep 1,793 Posts Drives: the Wind Join Date: Jul 2007 Location: NYC iTrader: (0) Garage List 2014 BMW 335 Xi [10.00]	everything is correct (residual and MF, bank) not sure about Luxury tax, i just signed a lease on almost to a dollar same price car and didnt have that __________________ 2014 F30 335 X-Drive \| 6-MT \| Alpine White/Coral Red \| ZMM ZDH ZDA \|
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