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Old 06-26-2013, 09:38 AM
tmdals0213 tmdals0213 is offline
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Location: amazon.com
 
Join Date: Jun 2013
Posts: 18
Mein Auto: E93 335is 2013
what do you think about this lease? planning on making decision by friday please help

The vehicle inquiry design/msrp is..

335is Convertible ( only option they have )
mineral white metallic
black dakota
convenience pack
premium pack
prem sound pack
19'' 313 wheels
DCT
heated front seats
navi
bmw apps
dest. charge
----all totaling to 69,525

the lease would include:

12k mi/yr for 36 months
$5k down ( now considering no down since everyone is saying dont put money down on a lease )
possibly $0 sign off with a co-signer
for $610.21 + CALI TAX and he gave me a monthly price of $665.00

on ridewithg.c0m it stated

2013 BMW 335is Convertible
36 Month Residual 62% of MSRP .00127 Base Rate (dont really know how to do the calculations)

do you think i could get the monthly payments lower than the offer? do you think it will be better to purchase the car? any comments will be high appreciated!!

Thank you for reading my post.

- tmdals


(sorry for the long long post)
p.s. others have said..

Your lease:
Down $5000
Payment $23,832 ($662 x 36 months)
Total lost in 3 years $28,832 or $800/mo

Buying a slightly used 2011 or 2012 IS should run you about $40k
3 years later, depending on the condition and miles, the value should be around $28 to $30k. Lets say $25,000 to be fair.
Total lost in 3 years, $15,000 or $416/mo

Use the extra cash from $13 grand you saved in mods which are inevitable. If money is not a problem at all, then look for a better deal.

---------------------------

Running those numbers, you are getting a decent deal on the car, something like a $4000 off MSRP discount. I think better deals are out there for 335is convertibles but if you are talking about ordering a car to your spec, this is a fair deal.

You can probably get one cheaper if you take dealer stock. FWIW, that money factor you quoted equates to a 3% interest rate, not bad for a BMW lease.

---------------------------

With interest rates as low as they are it makes very little sense to put any more money down than you have to
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