Include Mf--residual-down Payment
Teeno after you have read extensively about leasing if you had to answer your own question what would you think?hello all..
new here.
Ive been reading and it seems like leasing a bimmer would be ideal, (ive had two new cars in the last six months or so) so i dont wanna loose any money on depreciation.
Now my question is after reading much on leasing.
What do I need to do to get a payment of about 500 or less.. or close to it???
with about 12k/year and the most minimum out of my pocket at the time
heres what Im looking for
335i sedan
sports package, and maybe navi. (trying to have lowest monthly payments as possible.)
if anyone can help me with the plan out to give to dealerships to get the best possible monthly payment; it would be very helpful.
thanks.
TEENO
This looks to be a good deal. Assuming no other fees, this is good. Toss in a few $$$$ to get that monthly to 549 so that the SD gets rounded up to 550 instead of 600. Should be below $200 on that cap cost reduction.I've got an offer of:
335i Sedan via ED
Step, Paddles, Comfort, Nav, Metallic Paint, ZPP, ZSP, ZCW, 6FL
MSRP: $46865 (including destination)
Invoice: $43290 (including destination)
Offer: $44290 ($1000 over invoice)
$100 Dealer Processing Fee + $1432.70 (3% VA Tax & Tags)
Money Factor: 0.00176
Residual Value: 63%
$559.89/month for 35 months at 12,000 miles/year
$4759.89 due at signing - $4200 refundable (MSDs)
Should I be able to do better than this?
Just a question, you said something about getting your money back when you get an M3, can you please explain I don't understand how this works.I thought I might share my accepted offer:
Crimson red/beige/burl 335i with step/paddle/comfort/sirius/cold weather/premium/sport. MSRP 46620 (plus 775 destination plus 180 dealer training fee plus 625 Acquision fee) INVOICE 42860
Sell Price 44146 (3% over invoice)
No money down
Money Factor 0.00175
Term 36 months/10k mileage
Residual 30269 (64%)
No Disposition fee or SD required (current BMW financial cust)
dest/training fee/acquisition fee paid upfront (1580.00)
Negotiated monthly payment 515.70 ex tax, 546.64 with IN tax
I then put down 7SD's 7x 550= 3850. MF reduced by 0.00049 to 0.00126
New monthly payment with tax 507/month
Yes I put a lot down, but I figure its a decent deal and I'll get most $ back when it comes time to get that M3.
Upfront fees are too high. Why are you putting down close to $3300? Bank ee is $625, dealers are allowed to bump it up to a max of $825, looks like he is adding in an extra $200 profit for himself.335i coupe
AW, Sport package, NAV, Bluetooth/IPod, Sat Radio, PDC, 6MT, Comfort Access
MSRP with destiantion = $47370
Cap Cost with destiantion - $46117.60
residual = $33632.70
money factor 0.00185
residual 71%
upfront fees = $3299
1st payment $720.83, tax up front $69.96, California tire fee $7.00, Arizona registration and title $871.22, doc fee $55.00, BMW bank fee $825.00, security deposit $750)
24 month lease/10,000 miles per year
monthly payment = $720.83
Let me know...