Is this a good deal? 09' 335xi

igorek82 · 03-05-2009, 07:37 PM

I'm about to lease a 2009 335xi sedan, Manual Transmission, Premium, Cold + Ipod / USB. The dealer is going to order the car (none in stock at any dealership in tri-state area). Montego Blue/Oyster/Aluminum.

Sticker: $47,725
Agreed Price: $44,905 (invoice + 500 dealer profit + 480 maco)

36 month, 12k/year lease is ~2300 down (first payment, security deposit, bank fee, doc fee ($45) and DMV fees (plate transfer)).

Monthly $685.27

What do you guys think?

Thanks in advance!!!!

EDM92 · 03-05-2009, 08:46 PM

Quote:

Originally Posted by igorek82

I'm about to lease a 2009 335xi sedan, Manual Transmission, Premium, Cold + Ipod / USB. The dealer is going to order the car (none in stock at any dealership in tri-state area). Montego Blue/Oyster/Aluminum.

Sticker: $47,725
Agreed Price: $44,905 (invoice + 500 dealer profit + 480 maco)

36 month, 12k/year lease is ~2300 down (first payment, security deposit, bank fee, doc fee ($45) and DMV fees (plate transfer)).

Monthly $685.27

What do you guys think?

Thanks in advance!!!!

Not very sure about the lease prices, but I've heard repeatedly on this forum that you should never put money down on a lease.

igorek82 · 03-05-2009, 09:40 PM

Quote:

Originally Posted by BMWorNOTHING

Not very sure about the lease prices, but I've heard repeatedly on this forum that you should never put money down on a lease.

This is what's called "no money down" for lease =) Or at least very close to it...

Anyone leased or shopped for a similar car lease? What were your payments?

Thanks!!!

jdmass · 03-06-2009, 02:38 PM

Based on your sticker and negotiated prices, I calculate $648/mo + tax, assuming $0 cap cost reductions, .0020 money factor and 56% residual.

kgb1637 · 03-06-2009, 02:46 PM

Yeah, that seems a tad high especially when you're putting money down, might want to take a second look at that.

igorek82 · 03-06-2009, 06:11 PM

Quote:

Originally Posted by kgb1637

Yeah, that seems a tad high especially when you're putting money down, might want to take a second look at that.

I'm really putting down only a bank fee + dmv + 45 doc...
First month's payment, got to pay it sooner or later

and a refundable security deposit....

Well, that's the best I found

I've ordered the car... so hope my prices help someone shopping for a similar vehicle....

p.s. Had a good experience at BMW of NYC, best price and thus far exactly as quoted over email.
The only "surprise" was the $50 "fuel" surcharge.. didn't expect it from BMW but didn't say anything

Zirenz2006 · 03-06-2009, 06:25 PM

Seems high

SteveMD · 03-07-2009, 08:08 AM

Looks good to me.

Your negotiated price is fair. Make sure you are paying only $725 for the bank fee and check your MFs and Residual against the monthly listing on Bimmerfest (Ask The Dealer section).

Is that monthly payment including NY sales tax?

MelVLok · 03-07-2009, 09:16 AM

I've been doing some research on lease myself and I'm pretty sure i read somewhere that you don't pay maco for lease and also no security deposit if you are a returning customer.
You might want to check that out?
GL.

igorek82 · 03-07-2009, 09:19 AM

Quote:

Originally Posted by SteveMD

Looks good to me.

Your negotiated price is fair. Make sure you are paying only $725 for the bank fee and check your MFs and Residual against the monthly listing on Bimmerfest (Ask The Dealer section).

Is that monthly payment including NY sales tax?

yes, that includes NY sales tax + obviously interest on it (as i'm rolling it in into the monthly payments)

Residual is 58% and Money Factor is 0.002 (or 4.8%

)

igorek82 · 03-07-2009, 09:20 AM

Quote:

Originally Posted by MelVLok

I've been doing some research on lease myself and I'm pretty sure i read somewhere that you don't pay maco for lease and also no security deposit if you are a returning customer.
You might want to check that out?
GL.

That's what i thought too, but every single dealer in tri-state area wanted MACO...

BMW's invoice is usually at 93% of MSRP; so if I take the Invoice from edmunds + add MACO it comes out about right......

MelVLok · 03-07-2009, 10:54 AM

Check this out....
http://www.bimmerfest.com/pdf/pricin...es-pricing.pdf

Molos 2003 · 03-07-2009, 11:02 AM

Sorry I cannot help I've never leased.

Congrat's on the car, you'll enjoy it. I love the color combo, take care of that oyster it's tough keeping it clean.

Los

SteveMD · 03-07-2009, 11:02 AM

You pay MACO on a lease. You don't pay it on Euro Delivery.

igorek82 · 03-08-2009, 12:28 PM

Thanks guys!

ljg335i · 03-11-2009, 09:56 PM

Seems a bit high to me. I priced today an '09 335xi coupe basically fully loaded (54k+ sticker) and it came out to right around $700 depending on exactly which car. This was with 3k total out of pocket and NJ sales tax (7%). For comparision a '09 335xi sedan fully loaded with 52.5k sticker came out to $670 also 3k out of pocket.

igorek82 · 03-11-2009, 11:20 PM

Quote:

Originally Posted by ljg335i

Seems a bit high to me. I priced today an '09 335xi coupe basically fully loaded (54k+ sticker) and it came out to right around $700 depending on exactly which car. This was with 3k total out of pocket and NJ sales tax (7%). For comparision a '09 335xi sedan fully loaded with 52.5k sticker came out to $670 also 3k out of pocket.

Sounds good =) I wasn't able to find anything cheaper then what I posted....

p.s. There's a huge difference between picking a car from the inventory and having them to custom order one for you

ljg335i · 03-12-2009, 07:35 PM

Quote:

Originally Posted by igorek82

Sounds good =) I wasn't able to find anything cheaper then what I posted....

p.s. There's a huge difference between picking a car from the inventory and having them to custom order one for you

The rate of $670 for the sedan was for a car at port, not in my dealers inventory. For dealer inventory cars (outside of my particular dealer, i.e. some other state, etc.) they add between 500-1000 to bring the car in. I would imagine that ordering the car is much like bringing in a car from port. Not to mention you are only giving the dealer $500 profit, which is the case in my scenario as well, whether the car is ordered or not.

Also - $670 was for a basically fully loaded 52.5k car (tiptronic, sport+paddles, premium, cold weather, idrive, ipod), so I believe that comes out a good bit cheaper than what you posted (when factoring NY/NJ tax difference).

335adrenaline · 03-13-2009, 02:54 PM

I have a similar setup to the OP but with sports package and comfort access instead of the premium package. Also have the 6FL.

I already have the car on order, and put down ~3200 at 585 a month. Not sure if I got a good deal.

However, I thought a premium package at $685 (OP price) with $1000 less downpayment was a bit steep, no?

03-05-2009, 07:37 PM	#1
igorek82 Private 1 Rep 73 Posts Drives: 2018 340xi 6-SPD Join Date: Mar 2009 Location: NYC iTrader: (0)	Is this a good deal? 09' 335xi I'm about to lease a 2009 335xi sedan, Manual Transmission, Premium, Cold + Ipod / USB. The dealer is going to order the car (none in stock at any dealership in tri-state area). Montego Blue/Oyster/Aluminum. Sticker: $47,725 Agreed Price: $44,905 (invoice + 500 dealer profit + 480 maco) 36 month, 12k/year lease is ~2300 down (first payment, security deposit, bank fee, doc fee ($45) and DMV fees (plate transfer)). Monthly $685.27 What do you guys think? Thanks in advance!!!!
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03-06-2009, 02:38 PM	#4
jdmass Private 11 Rep 95 Posts Drives: 2012 X3 xDrive35i Join Date: Mar 2008 Location: Westborough,MA iTrader: (1)	Based on your sticker and negotiated prices, I calculate $648/mo + tax, assuming $0 cap cost reductions, .0020 money factor and 56% residual. __________________ Jim D. 2015 X3 xdrive28d Black Sapphire Metallic/Black Nevada/xLine, Cold Weather, DHP, DA, DA+ w/ACC, Lighting, Premium, NAV, HK Audio, Parking Assistant, Enhanced BT Previous BMWs: 2000 528i, 2003 540i, 2007 335i Sedan, 2009 335i Sedan, 2012 X3 xDrive35i
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03-06-2009, 02:46 PM	#5
kgb1637 Lieutenant Colonel 21 Rep 1,519 Posts Drives: RS5 Join Date: Sep 2008 Location: Baltimore, MD iTrader: (0)	Yeah, that seems a tad high especially when you're putting money down, might want to take a second look at that. __________________ Retired - '08 E90 335i Sparkling Graphite/Gray Dakota Leather, ZSP, ZCW, ZPP, Navi, ipod, Sat
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03-06-2009, 06:25 PM	#7
Zirenz2006 Brigadier General 1542 Rep 4,558 Posts Drives: G80 M3 Comp IOMG Join Date: Aug 2006 Location: US - NE iTrader: (0)	Seems high
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03-07-2009, 08:08 AM	#8
SteveMD Colonel 196 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	Looks good to me. Your negotiated price is fair. Make sure you are paying only $725 for the bank fee and check your MFs and Residual against the monthly listing on Bimmerfest (Ask The Dealer section). Is that monthly payment including NY sales tax? __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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03-07-2009, 09:16 AM	#9
MelVLok Enlisted Member 1 Rep 39 Posts Drives: 2006 E90 Join Date: Mar 2009 Location: Las Vegas, NV iTrader: (0)	I've been doing some research on lease myself and I'm pretty sure i read somewhere that you don't pay maco for lease and also no security deposit if you are a returning customer. You might want to check that out? GL.
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03-07-2009, 10:54 AM	#12
MelVLok Enlisted Member 1 Rep 39 Posts Drives: 2006 E90 Join Date: Mar 2009 Location: Las Vegas, NV iTrader: (0)	Check this out.... http://www.bimmerfest.com/pdf/pricin...es-pricing.pdf
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03-07-2009, 11:02 AM	#13
Molos 2003 Get out there and floor it! 3 Rep 197 Posts Drives: 2011 335is E93 Sapphire/Saddle Join Date: Feb 2009 Location: Kaiserslautern, Germany iTrader: (0) Garage List 2011 BMW E93 335is [0.00]	Sorry I cannot help I've never leased. Congrat's on the car, you'll enjoy it. I love the color combo, take care of that oyster it's tough keeping it clean. Los __________________ Current: 2011 335is E93 Sapphire Black/Saddle Brown 7DCT/ZCV/ZCW/ZPP/2B6/NAV/L7/IPOD-USB Retired: 2009 335i E90 Alpine White/Saddle Brown 6AT/ZPP/ZSP/ZCW/NAV/PDC/CA/L7/IPOD-USB
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03-08-2009, 12:28 PM	#15
igorek82 Private 1 Rep 73 Posts Drives: 2018 340xi 6-SPD Join Date: Mar 2009 Location: NYC iTrader: (0)	Thanks guys!
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03-11-2009, 09:56 PM	#16
ljg335i Private First Class 6 Rep 186 Posts Drives: E90 328xi LCI Join Date: Apr 2007 Location: NJ iTrader: (1)	Seems a bit high to me. I priced today an '09 335xi coupe basically fully loaded (54k+ sticker) and it came out to right around $700 depending on exactly which car. This was with 3k total out of pocket and NJ sales tax (7%). For comparision a '09 335xi sedan fully loaded with 52.5k sticker came out to $670 also 3k out of pocket. __________________ Current: 2011 328xi BSM/Black Past: 2002 325i/2007 335i/2004.5 A41.8T
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03-13-2009, 02:54 PM	#19
335adrenaline Registered 0 Rep 1 Posts Drives: 335xi Coupe Join Date: Mar 2009 Location: Long Island, NY iTrader: (0)	I have a similar setup to the OP but with sports package and comfort access instead of the premium package. Also have the 6FL. I already have the car on order, and put down ~3200 at 585 a month. Not sure if I got a good deal. However, I thought a premium package at $685 (OP price) with $1000 less downpayment was a bit steep, no?
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