View Single Post
  #12  
Old 12-06-2012, 10:23 AM
xofruitcake xofruitcake is offline
Day dreamer
Location: California
 
Join Date: Jul 2010
Posts: 123
Mein Auto: DSB 13 535 DSB 14 Z4 35is
Quote:
Originally Posted by Benjob View Post
Looking for some help.

Was at my local dealer yesterday, and he told me about this new offer fora 24 month 535.

He priced out a msrp $66,070 535i to $2000 drive off and 600/ month with a $60,200 purchase price 10k miles.

I am heading back to dealer today to try and finalize a deal, is this a good deal given the new incentive or is there a lot more room for improvement? What should payments look like on this?

Any help would be greatly appreciated.

May be you can find an online lease calculator and play with your number. I ran your number using my own spread sheet and the deal looks about right for 24 months deals. I use 74% residual, 0.00125 money factor, $0 acquisit fee+doc fee (looks like your drive off take care of them) and the number for 24 months lease come up to $607 a month + tax.

I think the debate is whether 60200 is a good selling price given that 5 series has $2500 HC. I think it depends if you are in LA or one of those city with only one BMW dealership in town. If you are in LA, may be you can get better deal and shop some more.. If not, it may be an excellent deal already...


PS. if you do 7 MSD, you can reduce the money factor to 0.00076 and the monthly payment before tax drop to $554. I think BMW only allow 7 MSD and each reduce money fact by 0.00007(?? jump to the lease thread, the answer probably is there somewhere..)

Last edited by xofruitcake; 12-06-2012 at 10:40 AM. Reason: adding MSD information
Reply With Quote