Help the First Time Lessee

e92law · 10-03-2006, 05:34 PM

Need to help with my first lease. Looking at a 2007 335i with a purchase price of $45,000 even. I feel like I have negotiated a decent purchase price (MSRP of 36,800), but need to know if I am getting the best in the remainder of the deal.

BTW, does anyone know what the October money factor is? My issue is with the BMW 335i lease special of $529/month (36 months), $2,500 down, $550 security deposit, 10,000 miles/year, based on a car with an MSRP of $42,570. Is this better than calculating a lease based on the lowest available money factor?

I have plugged in the numbers for a $45,000 car (2,500 difference: really more like half because of residual value), 0 down (2,500 difference), 15,000 miles (50-100 difference?), MF of .0020, and it does not seem to match up with the lease special. What should me lease payment be sans tax? MF? Residual?

Thanks in advance.

JSpira · 10-03-2006, 09:50 PM

Quote:

Originally Posted by e92law

Need to help with my first lease. Looking at a 2007 335i with a purchase price of $45,000 even. I feel like I have negotiated a decent purchase price (MSRP of 36,800), but need to know if I am getting the best in the remainder of the deal.

You negotiated a $45,000 price for a car with MSRP of $36,800?

e92law · 10-03-2006, 11:44 PM

Ha, I knew I needed help. Actually an MSRP of 46,800.

e92law · 10-04-2006, 11:24 PM

So does anyone know? Is the lease special better than the lowest money factor?

10-03-2006, 05:34 PM	#1
e92law First Lieutenant 24 Rep 340 Posts Drives: e70 Join Date: Sep 2006 Location: AZ iTrader: (0)	Help the First Time Lessee Need to help with my first lease. Looking at a 2007 335i with a purchase price of $45,000 even. I feel like I have negotiated a decent purchase price (MSRP of 36,800), but need to know if I am getting the best in the remainder of the deal. BTW, does anyone know what the October money factor is? My issue is with the BMW 335i lease special of $529/month (36 months), $2,500 down, $550 security deposit, 10,000 miles/year, based on a car with an MSRP of $42,570. Is this better than calculating a lease based on the lowest available money factor? I have plugged in the numbers for a $45,000 car (2,500 difference: really more like half because of residual value), 0 down (2,500 difference), 15,000 miles (50-100 difference?), MF of .0020, and it does not seem to match up with the lease special. What should me lease payment be sans tax? MF? Residual? Thanks in advance.
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10-03-2006, 11:44 PM	#3
e92law First Lieutenant 24 Rep 340 Posts Drives: e70 Join Date: Sep 2006 Location: AZ iTrader: (0)	Ha, I knew I needed help. Actually an MSRP of 46,800.
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10-04-2006, 11:24 PM	#4
e92law First Lieutenant 24 Rep 340 Posts Drives: e70 Join Date: Sep 2006 Location: AZ iTrader: (0)	So does anyone know? Is the lease special better than the lowest money factor?
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