Im finalizing my order fro my 535i and there is a $350.00 disposition fee.
Is that normal?
Is that normal?
Sure he could. At least 2 out of the 3. (Quack has never been charged a dispo fee, so no need for him to factor it in). Like I said above, HISTORICALLY there have been better uses of capital than sinking it into a DEPRECIATING asset. I think we can all agree today's yield curve is an anomaly, but let's play along.Could Quackbury do the same calculation with the current 3 yr T-bill yield of .75? Also, include the bank acquisition and disposition fees. Just curious.
I am not sure why on your paperwork for your new lease why they have a disposition fee. That is billed from BMW (if I understand it correct) as the fee is theirs. Maybe if you didn't have a cash security deposit down, then maybe the dealer collects it and all fees. Not sure on that one. Acquisition fee at cost is $725, with the maximum markup of $200, $925. This is again, NOT a dealer fee, but one from BMWFS. Something is off.Wow, I didn't meant to spark such controversy.
Im furious at my dealer. I feel I am being cheated.
Im leasing my 3rd BMW and they are ripping me off.
Charging a disposition fee, $350.00 Really? After leasinga 3rd BMW
Charging me a purchase price of 63,776.88 for a car the shows at Edmunds for 61,730.
Cardsdirect.com shows an invoice price of $62,220. I think they account for the advertising fee. Even that seem hi but carsdirect.com shows a purchase price of $62,920 which is 700 over invoice.
Deal told me 680 over invoice but a purchase price of over 63k then has a separate line item for disposition fee and quoted me a higher lease payment than carsdirct.com
I should cancel my order and bring my business elsewhere,,, im pissed.
Full offer is as follows:
MSRP 67,175
Purchase Price $63,776.88
Disposition Fee $350
Acquisition Fee $105.00
Up front Taxes $2,722.17
Cap Cost reduction $2,000.00
Lease Payment 797.00
I have a lease spreadsheet and cant get it to match this number. Im doing something wrong.
Am I getting screwed here?
Thanks for your reponse and advice.Dealer is giving you the buy rate. Always a good sign.
Looks like you are getting the car for +/- $1,500 over invoice which is a reasonable deal for the F10. (X5 would be $1,000, 3 series would be $500).
My lease calculator gives me EXACTLY $797.00 as a payment, so nothing fishy going on.
Too bad you are not a BMWCCA member - the $1,000 rebate would be helpful.
The cap cost reduction is foolish. that money is GONE the minute you leave the dealership. If the car is stolen or totalled you will not get it back. Plus you are paying sales tax on it.
Rather than piss away $2,000, I would do 3 multiple security deposits, for a total cost of $2,550. You will get the $2,550 back at the end of the lease. The MSD's lower your MF, and you are getting about a 11% tax-freee ROR on the funds.
The monthly payment "my way" is $835.02. If the extra $37 a month is a deal killer, you shouldn't be leasing an F10.