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BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > 2012-2019 BMW 3 and 4-Series Forums > 3 and 4 Series Ordering / Pricing / Order Tracking Forum (and European Delivery) > Lease help please!
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      12-12-2012, 01:23 AM   #1
L.A.S.
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Lease help please!

My brother is picking up a new 335i and I have a sneaking suspicion that he's not getting a very good deal. Especially due to it being the end of the year.
He doesn't want to put money down except drive off fees. Can you guys please give me some input?


Vehicle Price: $54,145.00

36 month
10,000 miles a year
$2,050 in rebates loyalty and holiday credit

Cash Due:

$1,750 = $660
$3,500 = $607
$5,000 = 561
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      12-12-2012, 02:05 AM   #2
xXxGhotimanxXx
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What's the residual in each instance?

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      12-12-2012, 07:44 AM   #3
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You need money factor and residual. The BMW rates for December are in another thread. He should be getting those (assuming decent credit score)

Apply the above to the negotiated cost of the car after all discounts. Add back doc fees and acquisition cost. These vary but should not be more than 600-700$ total.

From my own experience (leased mine 5 weeks ago), it seems your payments are a little high. I got $4000 off the sticker price on my car though (Sticker was 55520). I have 30 month lease with 15000 miles per year. No money up front. Payment is 698 before tax.
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      12-12-2012, 10:37 AM   #4
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Does seem high.

My car was a $57k MSRP, $0 cash down, 15k per year/36mos, and the payment is $700/mo.

Based on those #'s he's getting the car at MSRP and they may be bumping up some other numbers as well.
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      12-12-2012, 01:33 PM   #5
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Just depends on the MSRP. Your rebates are correct assuming he qualifies for loyalty and ultimate drive app...just depends on what the dealer is selling the car for. Before rebates, you can expect around a 1500-2000$ discount or like alot of guys on this board get 5 grand off and complain why their CA never anaswers their calls.
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      12-12-2012, 09:55 PM   #6
L.A.S.
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Ok, so basically the lease is $660 per month with 0 down and 10k a year.

That includes tax.

Last edited by L.A.S.; 12-12-2012 at 09:56 PM. Reason: Important point.
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      12-12-2012, 10:43 PM   #7
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Seems a bit high.

Working off this scenario you mentioned:

Vehicle Price: $54,145.00

36 month
10,000 miles a year
$2,050 in rebates loyalty and holiday credit

Cash Due:

$1,750 = $660

My MSRP is almost $5k higher, payment $15/month lower including a little over 7% sales tax in the payment (not sure what your brother's tax rate is..). Seems like they're not giving him much, if any, discount besides the rebates. those rebates should take him down below invoice if he were getting a good discount to begin with. Should be a good $50-60/month cheaper, IMO.
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      12-12-2012, 10:47 PM   #8
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My car was exactly that much to the dollar for MSRP.

I got mine 2 weeks ago so it's current; Dec. month. No way he should be paying over $600. he's getting burned. 2K down

12K miles

Last edited by MNBart; 12-12-2012 at 10:51 PM. Reason: add mileage
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      12-13-2012, 09:41 AM   #9
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Tell your brother to read through all the leasing info on this site and then go back and have them give him the real numbers. Every dealer I went to gave me the real numbers.

You need to know:
-Money factor (Interest rate) - Have him check his credit score on a site like Credit Karma to make sure his credit isn't killing him. If his credit is good he should get the lowest MF (Listed somewhere in this forum)
-Cap Cost of the vehicle - this is basically what they are selling him the car for, BEFORE rebates. This should be $500-1000 over invoice. He can find the invoice price for his exact car using BMWconfig.com, print that out and bring the papers with you so you can have a bartering point. Salesmen don't like informed consumers, but generally won't lie to you once they see you know what you're talking about.

Once you have that you can calculate the residual value of the car, and what the loan amount should be using a lease calculator. Also make sure they aren't burying some higher fees in there as well.
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