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F30 / F31 / F32 / F33 (2012 - current)
The sixth generation 3 series, chassis code F30. 2013 model year 328i and 335i sedans now in production. Read the F30 frequently asked question thread for all your basic question and dive into all the details in the ultimate F30 information thread.

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  #1  
Old 01-25-2012, 05:34 PM
sunxnus sunxnus is offline
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Good Deal?

Working on this deal:

2012 328i (Fully Loaded)
MSRP 49,945
CAP 44035 (750 over invoice - 3000 down to lower the cap)
36 months at 10,000 per year
Residual 65
MF .00146 (after 7 MSD)

Monthly 471.56

Is the deal fair?
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  #2  
Old 01-25-2012, 05:43 PM
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justinnum1 justinnum1 is offline
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looks good
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  #3  
Old 01-26-2012, 10:35 AM
awwwyeah206 awwwyeah206 is offline
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<$1000 over invoice looks solid to me. Some consider anything over a few grand down payment on a lease as too risky. I think 3k is right in the middle.
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  #4  
Old 01-27-2012, 08:05 AM
resker resker is offline
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Originally Posted by awwwyeah206 View Post
<$1000 over invoice looks solid to me. Some consider anything over a few grand down payment on a lease as too risky. I think 3k is right in the middle.
What's your thinking on this? My math always seems to suggest walking off w/ no money down (save for TTL) on a lease.
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  #5  
Old 01-27-2012, 08:16 AM
sunxnus sunxnus is offline
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Originally Posted by resker View Post
What's your thinking on this? My math always seems to suggest walking off w/ no money down (save for TTL) on a lease.
Actually, there are few reasons why I decided to put down payment in addition to MSD. One is to lower my monthly payment about $100 a month. Two, I saved about $350 on interest for the 36 months lease. Lastly, with the down payment, since the monthly payment is lower, my MSD total is less.

I don't know whether this is a right move or not. If anyone has any suggestion, I still have time to make adjustment.
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  #6  
Old 01-27-2012, 09:34 AM
davidc1 davidc1 is offline
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I think you did well. I'd keep it as is.
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  #7  
Old 01-27-2012, 10:48 AM
Vector Pilot Vector Pilot is offline
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Here's my take. Good deal. However I recommend, if possible, delay going into a lease until BMWFS sponsors a deal. In the past BMW/BMEFS have offered price support that lowers cap-cost which in turn requires less cash down and lowers the monthly payment.
Highest Regards
Vector Pilot
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  #8  
Old 01-27-2012, 11:03 AM
sunxnus sunxnus is offline
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hey Vector,

First time working with BMWFS. What do you mean by delay going into a lease and what is this BMWFS sponsor deal is all about? Yes, I will be ordering this car, so probally not going to sign any lease deal till the car arrived.
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  #9  
Old 01-27-2012, 12:40 PM
Vector Pilot Vector Pilot is offline
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Originally Posted by sunxnus View Post
hey Vector,

First time working with BMWFS. What do you mean by delay going into a lease and what is this BMWFS sponsor deal is all about? Yes, I will be ordering this car, so probally not going to sign any lease deal till the car arrived.
When I mentioned sponsor I meant to say the bank in this case BMWFS. Historically BMWFS increases the residual value of a car from the projected lease-end amount to reduce the gap between the selling price and residual value. It's an incentive aimed to reduce the monthly lease fee. You are correct saying if you were to take delivery today you'll probably be offered a lease based on current residual value without the benefit of price support from the lessor. By the time your car arrives I'm most certain the price of the lease will be reduced. One more recommendation, and not sure if you're aware, but you can cross reference any lease by going to Edmunds.com and there they'll break it down into simple language plus you can check out BMWBlog on how to lease a car, at:

http://www.bmwblog.com/2008/12/28/how-to-lease-a-car/

either or both sources may provide information.

Highest Regards,
Vector Pilot

Last edited by Vector Pilot; 01-27-2012 at 05:50 PM.
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  #10  
Old 01-27-2012, 05:35 PM
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jzcrna jzcrna is offline
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Quote:
Originally Posted by sunxnus View Post
Actually, there are few reasons why I decided to put down payment in addition to MSD. One is to lower my monthly payment about $100 a month. Two, I saved about $350 on interest for the 36 months lease. Lastly, with the down payment, since the monthly payment is lower, my MSD total is less.

I don't know whether this is a right move or not. If anyone has any suggestion, I still have time to make adjustment.
Many people will say to put 7 msds down instead of a down payment. While I understand the logic, each security deposit only brings your monthly payment down by a few bucks. A down payment reduces it by much more. I think its a good idea if you have the money and you don't get into any accidents.

You lose it if you wreck the car or whatever, but to me a couple of thousand may be worth the risk if it keeps my payment lower. it save you as long as nothing happens during the period of your lease. calculate the amount of your down payment divided by months of the lease and see if you will come out ahead with the extra down payments.
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  #11  
Old 01-27-2012, 05:59 PM
sunxnus sunxnus is offline
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I guess unless I total the car and the car is no longer drivable, otherwise insurance will fix all the damages. I will continue driving the car till the lease is over.
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  #12  
Old 01-30-2012, 04:57 PM
awwwyeah206 awwwyeah206 is offline
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Quote:
Originally Posted by resker View Post
What's your thinking on this? My math always seems to suggest walking off w/ no money down (save for TTL) on a lease.
I think 3k is an average down payment based on what I know people to have done. I think the average is this high because certain dealer incentives require a $3k cap reduction on the buyer's side. definitely no down is the lease riskiest (in case of a total loss) but most can't stomach the monthly payments.
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  #13  
Old 01-30-2012, 05:41 PM
resker resker is offline
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Quote:
Originally Posted by awwwyeah206 View Post
I think 3k is an average down payment based on what I know people to have done. I think the average is this high because certain dealer incentives require a $3k cap reduction on the buyer's side. definitely no down is the lease riskiest (in case of a total loss) but most can't stomach the monthly payments.
I guess I'm not familiar w/ those incentives (although certainly will be inquiring about them). Most of what I've read in the past seemed to indicate that time value of money generally favors holding the cash on hand (assuming a reasonable rate of return) vs. attaining the lower monthly payment (& smaller capital target for the interest to apply against).
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  #14  
Old 01-31-2012, 06:13 AM
sunxnus sunxnus is offline
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Originally Posted by resker View Post
I guess I'm not familiar w/ those incentives (although certainly will be inquiring about them). Most of what I've read in the past seemed to indicate that time value of money generally favors holding the cash on hand (assuming a reasonable rate of return) vs. attaining the lower monthly payment (& smaller capital target for the interest to apply against).
Unless you are willing to take risk and invest the down payment into some high risk/high return instrument, a typical 3 years CD gives you less than half the rate of return. You will need an investment that return at least 4.0 APR to be equivalent to use it as down payment.

Let me know if you know such investment for $3,000 and risk free.
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  #15  
Old 01-31-2012, 07:32 AM
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jzcrna jzcrna is offline
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Originally Posted by sunxnus View Post
Unless you are willing to take risk and invest the down payment into some high risk/high return instrument, a typical 3 years CD gives you less than half the rate of return. You will need an investment that return at least 4.0 APR to be equivalent to use it as down payment.

Let me know if you know such investment for $3,000 and risk free.
I agree with you totally. Especially in today's market. Its more risky to delve into stock options or even stocks than to put a couple thousand down on a lease.
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  #16  
Old 01-31-2012, 02:23 PM
eastbayjww eastbayjww is offline
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This looks like a great deal. There was misinformation above regarding MSDs. BMW does not attach your deposits if the car is totaled as BMW leases have gap insurance built in. Your deposits would be applied to damage that is not wear and tear( cracked windshield, damaged bumpers etc) or mileage that is over your contract.

Your money factor is at the buy which is good and 750 over is outstanding. I believe what the earlier post was trying to say about FS helping was to reduce the M/F to lower the monthly interest charge. The residual of 65 is almost 10 higher than the 2011 3 sedan and is higher than the residual of the 06 launch E90. While they will artificailly enhance a residual to spurn sales usually its on more limited production cars like the z4 or 740.
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  #17  
Old 01-31-2012, 02:32 PM
eastbayjww eastbayjww is offline
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One other point regarding MSD, its a no brainer to do this. Simple math and rate of return should show you what kind of deal this is. Run your lease with the rate of 195 and 146 and the difference is X 12 is the savings, that divided by your MSD total and thats your effective interest for letting BMW hold your money. My guess is 12.5% return, find an investment with 0 risk that will do that. I would elimate the Cap reduction though as if the car did get totaled thats where you might loose depending on the insurance value.
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  #18  
Old 01-31-2012, 03:31 PM
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Rubber Ducky Rubber Ducky is offline
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Pay double and tip heavy - you'll always have a good time. (And the handwringing on this deal is at the margin - deal is sound, terms correct, everything else is nickel/dime.)
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  #19  
Old 02-01-2012, 08:21 PM
fb88 fb88 is offline
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$3,000 / 36 = $83/month so it's like you are paying $554/month for the car?
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  #20  
Old 02-02-2012, 04:21 AM
sunxnus sunxnus is offline
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Actually, my monthly comes to $430 before the $83.
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  #21  
Old 09-28-2012, 05:48 PM
Mykatie Mykatie is offline
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Originally Posted by fb88 View Post
$3,000 / 36 = $83/month so it's like you are paying $554/month for the car?
+1
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