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F10 / F11 (2011 - Current)
The new chapter in the highly successful story of the BMW 5 Series Sedan (F10) and wagon (F11)

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  #1  
Old 08-27-2014, 10:35 AM
CASANOVANYC CASANOVANYC is offline
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Location: Nutley, NJ
 
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Mein Auto: Jeep Grand Cherokee
2014 528i Xdrive Lease. Is this a good deal? Please help!

Hello new to the board. I am looking to lease a 2014 528i xdrive in NJ 36 months/10k. Can someone please help me to see if this is a good deal? Thanks in advance and please let me know if you need any additional info for this.

MSRP 54,950
Selling Price 47,500
Money factor .0013
Residual .62

439/month
6,620.40 due at signing broken out as follows:

3,150 7 MSDs
1,197 7% tax
190 luxury tax
925 aquisition fee
350 dmv fees
369 doc fee
439 first month payment
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  #2  
Old 08-27-2014, 11:20 AM
Yinzer Yinzer is offline
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Location: Blitzburgh
 
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Mein Auto: '13 ATS 4
Absoltely do not put that 6k down.
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  #3  
Old 08-27-2014, 11:24 AM
CASANOVANYC CASANOVANYC is offline
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Location: Nutley, NJ
 
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Mein Auto: Jeep Grand Cherokee
Can you elaborate on why? It is not a down payment. Thanks.
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  #4  
Old 08-27-2014, 11:35 AM
Trian Trian is offline
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Location: Clearwater, FL
 
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Posts: 37
Mein Auto: 2012 535i M-Sport
My initial thought was, NJ and only 10K? You don't really go anywhere do you? Have you really calculated how much you drive annually?
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  #5  
Old 08-27-2014, 11:43 AM
CASANOVANYC CASANOVANYC is offline
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Location: Nutley, NJ
 
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Mein Auto: Jeep Grand Cherokee
I really don't need more than 10k per year. I would just like to know if it is a good deal based on my specs. Thanks.
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  #6  
Old 08-27-2014, 11:45 AM
Yinzer Yinzer is offline
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Location: Blitzburgh
 
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Mein Auto: '13 ATS 4
what does the 6k include? Is it just taxes and and fees or does it include cap cost reduction?
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  #7  
Old 08-27-2014, 11:47 AM
CASANOVANYC CASANOVANYC is offline
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Location: Nutley, NJ
 
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Posts: 10
Mein Auto: Jeep Grand Cherokee
Yinzer the break out of the 6k is

6,620.40 due at signing broken out as follows:

3,150 7 MSDs
1,197 7% tax
190 luxury tax
925 aquisition fee
350 dmv fees
369 doc fee
439 first month payment
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  #8  
Old 08-27-2014, 11:50 AM
Yinzer Yinzer is offline
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Location: Blitzburgh
 
Join Date: Jul 2014
Posts: 27
Mein Auto: '13 ATS 4
from my pov it looks good. dont know if you can sign upf or the unforgettable test drive ofr the extra 1k but 439 a month with 0 down besides msd's is great in my opinion
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  #9  
Old 08-27-2014, 12:02 PM
CASANOVANYC CASANOVANYC is offline
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Location: Nutley, NJ
 
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Posts: 10
Mein Auto: Jeep Grand Cherokee
Thanks Yinzer. I can't take advantage of unforgettable but good to know it's a great deal otherwise.
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  #10  
Old 08-27-2014, 02:06 PM
pony_trekker pony_trekker is offline
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Location: NY
 
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Posts: 2,210
Mein Auto: 5
Acquisition fee is inflated by $200
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  #11  
Old 08-27-2014, 02:24 PM
Yinzer Yinzer is offline
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Location: Blitzburgh
 
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Mein Auto: '13 ATS 4
i think thats a fair mark up if hes getting the base MF
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  #12  
Old 08-28-2014, 03:11 AM
pony_trekker pony_trekker is offline
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Location: NY
 
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Wait though, if he's putting down the MSDs the money factor should be lower right? I mean, that's the whole point of MSDs.
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  #13  
Old 08-28-2014, 04:49 AM
mness mness is offline
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Location: Marin, CA
 
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Posts: 477
Mein Auto: 2013 535i M-sport
Quote:
Originally Posted by pony_trekker View Post
Wait though, if he's putting down the MSDs the money factor should be lower right? I mean, that's the whole point of MSDs.
The 439 payment looks to be at the MF minus the MSDs
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2013 535i M-Sport: Carbon Black with Oyster/Black Dakota, Sport Auto Transmission, Driver Assistance Package, Premium Package, Multi-Contour Seats, Heated Seats, Navigation, Harmon/Kardon stereo. Bridgestone Potenza S-04 Pole Position non-runflats, Painted reflectors, M5 grille.
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