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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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  #26  
Old 11-18-2012, 01:37 PM
MonkeyCMonkeyDo MonkeyCMonkeyDo is offline
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Quote:
Originally Posted by Orient330iNYC View Post
resid is 3% higher. and miles are 16 cents each before the last 6 months of the lease, 20 at the end.
That is incorrect. He said 18k lease not 15k
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  #27  
Old 11-18-2012, 03:30 PM
shicobico shicobico is offline
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Quote:
Originally Posted by tturedraider View Post
It matters immensely. If you want a good final number you need to do the math. You need to go to the Ask a Dealer forum and make yourself an educated consumer. Everything you need to know about leases is there for the learning, even an easily understandable explanation of how to calculate a lease by hand.

You need to understand the importance of the actual selling price, the money factor/interest rate and whether or not it is marked up, how to convert the money factor into an interest rate, security deposits and how multiple security deposits can be used to get a lower money factor, the acquisition fee and whether it has been marked up, why it is better to make a zero (or very small) down payment/capital cost reduction, etc.

I don't mean to sound real rude, but saying you're not smart doesn't make me (or just about anyone on Bimmerfest) want to do your homework for you. Getting a good lease deal requires exercising your intellect. There's no way around it.

Wow. You need to just relax. No need to respond, if you feel it necessary to defend eveyone else on here. geez man ...


Do you go back to the kitchen at restaurants, and insist on seeing how your food is being made? (actually i wouldnt be surprised if you do). Well, I don't. I just want a good, tasty meal at a reasonable price. I really could care less on how they arrive to the number I have in mind, so long as they just have a competitive one. Me and you will likely get the same payment. You however, will be more informed on how they arrived at that figure, and will likely save a few bucks in the process and boast about it on this forums and others, and brag about it to your co-workers. Well, that's not me. I'm smart, just in other things in life. Lease calculations and chopping money factors and residuals are not a skills necessary for my survival or pertinent to my success, and quite frankly, yes. I would rather have someone else, like you, with more experience in numbers graciously do my homework for me. Do you do your own Dentistry too?


All my leases thus far have been negotiated in a similar fashion, and have thus far been successful. Zero down, give me the miles I want, and here is what I'll pay you per month. Then I move on to the next important thing in my life.


Oh, sorry if I sound real rude.

Last edited by shicobico; 11-18-2012 at 03:33 PM.
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  #28  
Old 11-18-2012, 04:23 PM
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jagu jagu is offline
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Quote:
Originally Posted by shicobico View Post
All current BMW "specials" for leases are 39 months. I could put a lot of money down, and bring the payment down to your liking, but again, it's a lease, so I would rather not put any money down.

Does anyone have any constructive feedback on this offer?
With respect, but your inquiry did not suggest that you were looking for some constructive feedback when you don't even know the terms of the lease. You seem to be buying on some "special deal" which restricts you to a 39 month lease when you should have done your research to see if there are other options.

Second, you must have missed the last part of my response where I indicated that it was very subjective.
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Last edited by jagu; 11-18-2012 at 05:27 PM.
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  #29  
Old 11-18-2012, 11:29 PM
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tturedraider tturedraider is offline
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Quote:
Originally Posted by shicobico View Post


All my leases thus far have been negotiated in a similar fashion, and have thus far been successful. Zero down, give me the miles I want, and here is what I'll pay you per month. Then I move on to the next important thing in my life.
Then take the lease deal they offered you and move on to the next important thing in your life. Why even waste time posting on some stupid internet forum?
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  #30  
Old 11-19-2012, 04:32 AM
DBV DBV is offline
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Are miles 16 cents before the end of your lease or 10 cents? 10 cents seems like a great deal.

Quote:
Originally Posted by MonkeyCMonkeyDo View Post
Do a 10k a year lease and then buy the miles later. It works out cheaper than doing them up front. Should save you a ton of money since the residual will probably be 5% higher. And 24000 miles at 10 cents is only 2400 bucks. Also doing 39 months is usually not the best as you get stuck paying a years registration for a car you only have for 3 months.
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  #31  
Old 11-19-2012, 12:47 PM
MonkeyCMonkeyDo MonkeyCMonkeyDo is offline
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Originally Posted by DBV View Post
Are miles 16 cents before the end of your lease or 10 cents? 10 cents seems like a great deal.
16 cents. My bad with the math. STILL, I would prefer to get the higher residual and buy miles as needed. What if you only use 15k one year for example. Always take the higher residual if possible.
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  #32  
Old 11-19-2012, 12:50 PM
EnerJi EnerJi is offline
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Quote:
Originally Posted by shicobico View Post

All my leases thus far have been negotiated in a similar fashion, and have thus far been successful. Zero down, give me the miles I want, and here is what I'll pay you per month. Then I move on to the next important thing in my life.
Here's the problem. It's perfectly OK to profess not to be a lease expert, and to take the approach that you don't want to become a lease expert just to lease a new car. There are plenty of fine people on this forum willing to give you good advice and make sure you don't make a big mistake, but you need to arm them with more information. It's very difficult to determine whether a monthly payment is appropriate based solely on the MSRP and the number of months.

There are so many individual components that go into a lease that can impact both the monthly payment and the residual cost (which can impact you if you might consider buying the lease at the end), and folks here can help you determine if the individual components are solid. If they are, then whatever the monthly price ends up being, you've got a good deal.

So if you're still willing to seek advice, I would suggest you post the following:

Capitalized cost (equivalent to the "purchase price" of the vehicle)
Down payment & trade-in, if any
Security deposits, if any
Money Factor
Residual Value
Miles/year
Lease term in months
Lease payment


That may not be an exhaustive list; I'm not a leasing expert, but it should provide enough information for you to get some constructive feedback. Good luck.
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