Lease

jdmdohcpower · 05-28-2013, 12:50 PM

So I think Im getting a good deal on the car. I have a 2014 ordered with everything. MSRP is almost 59k. My company pays for it so I not putting a penny down and payment would be 885 a month for 36month 15k.

Any thoughts on this?

Silververtu · 06-10-2013, 01:38 PM

too expensive. You can lease a $70k+ 550i for that amount of payment.

tukfpe · 06-11-2013, 01:15 AM

Quote:

Originally Posted by Silververtu

too expensive. You can lease a $70k+ 550i for that amount of payment.

I agree. As a point of reference, my payment is about $500 with MSRP of $49K (no money down, ~ $1600 driveoff, 7 MSDs).

jdmdohcpower · 06-11-2013, 10:36 AM

I got it down to 0 down, 820. Sticker was 59,800

Schmed · 06-11-2013, 12:13 PM

It'd help to post this:

MSRP
Money factor
cap cost reduction if any
miles/yr
tax rate
residual %
# MSDs if any

Basically, if you get $2500 off sticker, and the lowest MF for that month, that's a pretty good deal.

The dealer can't change the residual (pre my understanding), but they can mark up the MF and selling price and tack on doc fees, etc.

Point of reference for my lease:

20,000 miles/year
$53k MSRP
7 MSDS
$0 Cap reduction
7.7% tax rate
$707/month

I think I got about $3500 off MSRP

05-28-2013, 12:50 PM	#1
jdmdohcpower Private First Class 16 Rep 102 Posts Drives: x3 Join Date: May 2013 Location: USA iTrader: (0)	Lease - good deal or walk So I think Im getting a good deal on the car. I have a 2014 ordered with everything. MSRP is almost 59k. My company pays for it so I not putting a penny down and payment would be 885 a month for 36month 15k. Any thoughts on this?
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06-10-2013, 01:38 PM	#2
Silververtu Major 231 Rep 1,066 Posts Drives: 2015 X5 50i M Sport Join Date: Aug 2007 Location: US of A iTrader: (5) Garage List 2019 Porsche Cayenn ... [10.00]	too expensive. You can lease a $70k+ 550i for that amount of payment. __________________ 2019 Cayenne Turbo Gone but not forgotten: 2006 2.0T A4 Avant, 2007 Z4 Roadster 3.0si, 2006 M Roadster, 2013 550i M Sport, 2015 Cayman S, 2015 X5 50i M Sport
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06-11-2013, 10:36 AM	#4
jdmdohcpower Private First Class 16 Rep 102 Posts Drives: x3 Join Date: May 2013 Location: USA iTrader: (0)	I got it down to 0 down, 820. Sticker was 59,800
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06-11-2013, 12:13 PM	#5
Schmed Private First Class 20 Rep 191 Posts Drives: E30M3, E70X5, F25X3 Join Date: Jan 2008 Location: Rocky Mountains iTrader: (1)	It'd help to post this: MSRP Money factor cap cost reduction if any miles/yr tax rate residual % # MSDs if any Basically, if you get $2500 off sticker, and the lowest MF for that month, that's a pretty good deal. The dealer can't change the residual (pre my understanding), but they can mark up the MF and selling price and tack on doc fees, etc. Point of reference for my lease: 20,000 miles/year $53k MSRP 7 MSDS $0 Cap reduction 7.7% tax rate $707/month I think I got about $3500 off MSRP __________________ 2013 X3 3.5 \| SAP \| DHP \| NAV \| CWP \| AW \| Mojave
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