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Old 05-29-2012, 05:19 PM
Imothph Imothph is offline
Officially Welcomed to the 'Fest
Location: Auburn, WA
 
Join Date: Apr 2011
Posts: 227
Mein Auto: 535i
Quote:
Originally Posted by bpole308 View Post
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 !
Regarding Maco and Training fee - These fees are legit and not something the dealer will usually negotiate on. If you configure your car on BMWconfig, it will add the training fee. Maco seems to vary between areas of the country.

Dealer prep fee? I've never seen this added and its sounds like something you should question. In my recent order, Maco and training fee was added, but no other fees (except for the documentary fee $150, which is also something you can negotiate, but I usually donít bother for $150 on a $60k+ car loan). - let the finance guy get something out of me
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Current Cars:

- 2012 BMW 535i
- 1957 Chevrolet Belair
- 1966 Cadillac Deville
- 1978 Corvette
- 1979 Ford F250 w/460
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