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Old 05-29-2012, 01:48 PM
bpole308 bpole308 is offline
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Location: los angeles
 
Join Date: Jul 2009
Posts: 3
Mein Auto: 328i
535i Lease -- Opinions ?

Hi Everyone,

I'm currently getting out of a 528i lease in 6 weeks and my local BMW (Los Angeles) dealership is quoting me the following and saying I should take the deal by end of May (otherwise incentives may go away).

I'd appreciate if you guys can give me comments on this. I'm trying to verify the MF/Residuals/incentives are all correct:

535i Sedan (Silver Color)
Sports Package, Technology Package, Premium Package, Sprots Automatic Paddles ($500)
MSRP: $61,625
Invoice : $56,700
However, they added $380 Maco, $200 Training/Service Fee, and $231 "Dealer Prep & PDI Fee" so actual Invoice is $57, 510.

They subtracted $1500 loyalty rebate and current $1500 option allowance so I'm about $55,570 adjusted capital cost.

36 month / 12,000 mile lease:
Residual : 58%
MF: 0.00185

$1,352 Drive off (1st month & dmv fees + $135 tax on the $1500 rebate)
$721/month
$785 (including taxes)

I have a few questions:
1) Is 0.00185 MF correct ? (i heard that owner loyalty may be lower)
2) is 58% residual correct ?
3) should they add MAco/Service fees and this $231 dealer prep fee ?

Any comments appreciated !
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