$1699/mo zero down 36 months 12k miles lease

ImGoingPlaces · 03-23-2018, 08:05 PM

exactly my point, his MF could be marked up which would account for the difference

swanson · 03-23-2018, 08:07 PM

It could be the MF, a crazy high doc fee, jacked up bank fee.....

DallasLife345M · 03-23-2018, 08:25 PM

Quote:

Originally Posted by Pitts

Here’s the numbers:

MSRP $115,295 with all options listed above
$4500 off
TTL $4778

$1699/mo
0 down
36 months
12k Miles

That look right?

Is this the first new car you’ve ever bought?

Without ALL the numbers we can’t help you.

ImGoingPlaces · 03-23-2018, 08:28 PM

i mean is it a bad deal? they're all bad deal at this point, simply a matter of what you're willing to shell out to get the car. nobody on this planet is getting a " good deal " on this car except for the dude on here that announced his uncle owns a dealership and quoted us some crazy number in the 1100 range.

Bottom line is you're not gonna get a good deal. only one that you can live with if you want the car bad enough. if you want a good deal, wait 6 months. if you want a great deal , wait 12 months

DallasLife345M · 03-23-2018, 08:41 PM

How are taxes only $4778? 6.25% is new car tax rate
in Texas. Something is screwy. Lol

Pitts · 03-23-2018, 08:48 PM

Quote:

Originally Posted by DallasLife345M

Is this the first new car you’ve ever bought?

Without ALL the numbers we can’t help you.

LOL it’s definitely not my first...I’m 41 and gone through 8 cars already...

I was only truly concerned about my monthly payment. This car comes with several options I wouldn’t want if I built it. So from my perspective, I wanted to know what the lowest someone has gotten on a lease at 36 months, 0 down, and 12k miles - these are my conditions.

For you number guys (I’m getting all this via TEXT from my rep) the residual is $69177. What other numbers do you guys want?

Pitts · 03-23-2018, 08:49 PM

Quote:

Originally Posted by DallasLife345M

How are taxes only $4778? 6.25% is new car tax rate
in Texas. Something is screwy. Lol

I don’t know! I’m not at the dealer...I test drove it over the weekend and they are trying to convince me to buy it. All these numbers are coming via text from the rep...

ImGoingPlaces · 03-23-2018, 08:49 PM

Quote:

Originally Posted by Pitts

LOL it’s definitely not my first...I’m 41 and gone through 8 cars already...

I was only truly concerned about my monthly payment. This car comes with several options I wouldn’t want if I built it. So from my perspective, I wanted to know what the lowest someone has gotten on a lease at 36 months, 0 down, and 12k miles - these are my conditions.

For you number guys (I’m getting all this via TEXT from my rep) the residual is $69177. What other numbers do you guys want?

we need

MSRP
SELLING PRICE
RESIDUAL
MONEY FACTOR

swanson · 03-23-2018, 08:51 PM

Quote:

Originally Posted by Pitts

LOL it’s definitely not my first...I’m 41 and gone through 8 cars already...

I was only truly concerned about my monthly payment. This car comes with several options I wouldn’t want if I built it. So from my perspective, I wanted to know what the lowest someone has gotten on a lease at 36 months, 0 down, and 12k miles - these are my conditions.

For you number guys (I’m getting all this via TEXT from my rep) the residual is $69177. What other numbers do you guys want?

The residual is correct. Ask him for the money factor and what ever fees he is adding to the payment. Its really basic stuff. MSRP, Selling price, Money factor and residual.

DallasLife345M · 03-23-2018, 08:52 PM

Quote:

Originally Posted by Pitts

I don’t know! I’m not at the dealer...I test drove it over the weekend and they are trying to convince me to buy it. All these numbers are coming via text from the rep...

Then I would suggest getting him on the phone and line item every number. This isn’t rocket science my friend. Get the numbers, post them here, and we’ll be happy to assist.

ImGoingPlaces · 03-23-2018, 09:00 PM

calculations using 4500 off MSRP, standard MF (.00152) 60% residual

leasehackr.com/calculator?make=BMW&msrp=115295&sales_price=110793 &months=36&mf=.00152&dp=0&doc_fee=80&acq_fee=925&t axed_inc=0&untaxed_inc=0&rebate=0&resP=60&reg_fee= 400&sales_tax=8.25&memo=&monthlyTax_radio=true&mil es=12000&msd=0

ImGoingPlaces · 03-23-2018, 09:04 PM

updated to reflect march MF and residual ( 00156 and 61%)

found here:https://forums.edmunds.com/discussio...als-and-prices

leasehackr.com/calculator?make=BMW&msrp=115275&sales_price=110793 &months=36&mf=.00156&dp=0&doc_fee=80&acq_fee=925&t axed_inc=0&untaxed_inc=0&rebate=0&resP=61&reg_fee= 400&sales_tax=8.25&memo=&monthlyTax_radio=true&mil es=12000&msd=0

DallasLife345M · 03-23-2018, 09:05 PM

Quote:

Originally Posted by ImGoingPlaces

calculations using 4500 off MSRP, standard MF (.00152) 60% residual

leasehackr.com/calculator?make=BMW&msrp=115295&sales_price=110793 &months=36&mf=.00152&dp=0&doc_fee=80&acq_fee=925&t axed_inc=0&untaxed_inc=0&rebate=0&resP=60&reg_fee= 400&sales_tax=8.25&memo=&monthlyTax_radio=true&mil es=12000&msd=0

Taxes should be 6.25%

ImGoingPlaces · 03-23-2018, 09:05 PM

what does this show you ? something is off with your quote , not sure what until we have a deal sheet with all the figures made more clear

DallasLife345M · 03-23-2018, 09:06 PM

I think we are more into this car deal than the OP. LOL!

swanson · 03-23-2018, 09:08 PM

Quote:

Originally Posted by DallasLife345M

I think we are more into this car deal than the OP. LOL!

Seriously! lol.

Pitts · 03-23-2018, 09:13 PM

You guys are!!!

I don’t have time to get on the phone and I hate the haggling at the dealer.

I’ve texted him for the MF and selling price. I’ll post once I receive it.

swanson · 03-23-2018, 09:16 PM

Ok. We just dont want you to get ripped off.

Pitts · 03-23-2018, 09:19 PM

Ok now he’s giving me this:

MSRP is $115,295
Sell price is $112,295
Residual is $69,177
MF should be .00175

$1699/month??? Does this add up?

swanson · 03-23-2018, 09:21 PM

No. MF has been jacked up for more profit for them. That $4500 off you mentioned earlier is now $3k? I got a price of $1610. What other fees have been added? Doc fee? What are they charging you for the bank(acquisition) fee?

ImGoingPlaces · 03-23-2018, 09:29 PM

Quote:

Originally Posted by Pitts

Ok now he’s giving me this:

MSRP is $115,295
Sell price is $112,295
Residual is $69,177
MF should be .00175

$1699/month??? Does this add up?

MF is high, tell them you know the standard Money Factor for the month of march is 00156 and demand that.

swanson · 03-23-2018, 09:30 PM

Tell him you'll do the deal for $1573 a month with only 1st payment, registration and bank fee up front. Aprox. $2600 up front.

03-23-2018, 08:05 PM	#23
ImGoingPlaces First Lieutenant 185 Rep 379 Posts Drives: AMG GTS Join Date: Sep 2014 Location: USA iTrader: (0)	exactly my point, his MF could be marked up which would account for the difference
	Appreciate 0 Quote

03-23-2018, 08:07 PM	#24
swanson Convicted Felon 733 Rep 2,180 Posts Drives: chariot Join Date: Dec 2009 Location: NY iTrader: (0)	It could be the MF, a crazy high doc fee, jacked up bank fee.....
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03-23-2018, 08:28 PM	#26
ImGoingPlaces First Lieutenant 185 Rep 379 Posts Drives: AMG GTS Join Date: Sep 2014 Location: USA iTrader: (0)	i mean is it a bad deal? they're all bad deal at this point, simply a matter of what you're willing to shell out to get the car. nobody on this planet is getting a " good deal " on this car except for the dude on here that announced his uncle owns a dealership and quoted us some crazy number in the 1100 range. Bottom line is you're not gonna get a good deal. only one that you can live with if you want the car bad enough. if you want a good deal, wait 6 months. if you want a great deal , wait 12 months
	Appreciate 2 KevinM2935.50 eclipxe170.50 Quote

03-23-2018, 08:41 PM	#27
DallasLife345M Captain 595 Rep 824 Posts Drives: Uber Join Date: Sep 2010 Location: None iTrader: (0)	How are taxes only $4778? 6.25% is new car tax rate in Texas. Something is screwy. Lol
	Appreciate 0 Quote

03-23-2018, 09:00 PM	#33
ImGoingPlaces First Lieutenant 185 Rep 379 Posts Drives: AMG GTS Join Date: Sep 2014 Location: USA iTrader: (0)	calculations using 4500 off MSRP, standard MF (.00152) 60% residual leasehackr.com/calculator?make=BMW&msrp=115295&sales_price=110793 &months=36&mf=.00152&dp=0&doc_fee=80&acq_fee=925&t axed_inc=0&untaxed_inc=0&rebate=0&resP=60&reg_fee= 400&sales_tax=8.25&memo=&monthlyTax_radio=true&mil es=12000&msd=0
	Appreciate 0 Quote

03-23-2018, 09:04 PM	#34
ImGoingPlaces First Lieutenant 185 Rep 379 Posts Drives: AMG GTS Join Date: Sep 2014 Location: USA iTrader: (0)	updated to reflect march MF and residual ( 00156 and 61%) found here:https://forums.edmunds.com/discussio...als-and-prices leasehackr.com/calculator?make=BMW&msrp=115275&sales_price=110793 &months=36&mf=.00156&dp=0&doc_fee=80&acq_fee=925&t axed_inc=0&untaxed_inc=0&rebate=0&resP=61&reg_fee= 400&sales_tax=8.25&memo=&monthlyTax_radio=true&mil es=12000&msd=0
	Appreciate 0 Quote

03-23-2018, 09:05 PM	#36
ImGoingPlaces First Lieutenant 185 Rep 379 Posts Drives: AMG GTS Join Date: Sep 2014 Location: USA iTrader: (0)	what does this show you ? something is off with your quote , not sure what until we have a deal sheet with all the figures made more clear
	Appreciate 0 Quote

03-23-2018, 09:06 PM	#37
DallasLife345M Captain 595 Rep 824 Posts Drives: Uber Join Date: Sep 2010 Location: None iTrader: (0)	I think we are more into this car deal than the OP. LOL!
	Appreciate 2 swanson733.00 ImGoingPlaces184.50 Quote

03-23-2018, 09:13 PM	#39
Pitts Private First Class 27 Rep 102 Posts Drives: 2022 G82 Join Date: Jun 2015 Location: Belton, TX iTrader: (0)	You guys are!!! I don’t have time to get on the phone and I hate the haggling at the dealer. I’ve texted him for the MF and selling price. I’ll post once I receive it.
	Appreciate 0 Quote

03-23-2018, 09:16 PM	#40
swanson Convicted Felon 733 Rep 2,180 Posts Drives: chariot Join Date: Dec 2009 Location: NY iTrader: (0)	Ok. We just dont want you to get ripped off.
	Appreciate 0 Quote

03-23-2018, 09:19 PM	#41
Pitts Private First Class 27 Rep 102 Posts Drives: 2022 G82 Join Date: Jun 2015 Location: Belton, TX iTrader: (0)	Ok now he’s giving me this: MSRP is $115,295 Sell price is $112,295 Residual is $69,177 MF should be .00175 $1699/month??? Does this add up?
	Appreciate 0 Quote

03-23-2018, 09:21 PM	#42
swanson Convicted Felon 733 Rep 2,180 Posts Drives: chariot Join Date: Dec 2009 Location: NY iTrader: (0)	No. MF has been jacked up for more profit for them. That $4500 off you mentioned earlier is now $3k? I got a price of $1610. What other fees have been added? Doc fee? What are they charging you for the bank(acquisition) fee?
	Appreciate 0 Quote

03-23-2018, 09:30 PM	#44
swanson Convicted Felon 733 Rep 2,180 Posts Drives: chariot Join Date: Dec 2009 Location: NY iTrader: (0)	Tell him you'll do the deal for $1573 a month with only 1st payment, registration and bank fee up front. Aprox. $2600 up front.
	Appreciate 0 Quote