Working the numbers on 335xi coupe

weingarm · 01-22-2008, 10:35 PM

I'm looking to lease a 2008 335xi coupe soon configured the following way:

Base MSRP $42,600
Space Gray Metallic $475
Black Leather $1450
Cold Weather Package $600
Sport Package $400
iPod adapter $400
Destination $775

Total MSRP $46,700

I've been trolling around on these forums, seeing what people have been getting and I'm trying to figure out what lease terms I should shoot for. I'm looking to do a 36 month, 12,000 miles/year lease.

Given that the current MF on the 335xi coupe is .00245 (according to http://www.bimmerfest.com/forums/sho...ht=lease+rates), that the current residual on that car is 60% for 12K miles/yr, and that it seems most people seem to be able to negotiate to a base cap cost of $2000 below MSRP, here's the lease payment I've calculated with $2500 down (according to http://www.leaseguide.com/calc.htm)

MSRP $46,700
Base cap cost ($2000 off MSRP): $44,700
Down payment: -$2500
Net cap cost: $42,200
Residual value: 60%
Money Factor: .00245
Term: 36 mos @ 12,000 miles/yr

Lease Payment: $565.93/month PLUS tax

Does this seem reasonable? Am I overshooting or undershooting on anything? Is $2000 off MSRP reasonable? Is the .00245 money factor reasonable? Are there any other factors I should negotiate down further? IS there any advantage to wait till February to work on this deal (aka, change in MF or residual?)

Like I said, I didn't get this deal yet, but I just want to see if my numbers seem reasonable to shoot for. By the way, I live in the DC/MD/VA area.

Michaeljh2000 · 01-23-2008, 05:46 AM

Sorry, I don't have an answer to your question as I've only researched financing. But, since I'm also local to DC/MD/VA, I'm curious which dealer you chose.

BTW: I posted a similar question a few days ago, but have yet to receive a reply.

http://www.e90post.com/forums/showthread.php?t=108935

Good luck!

Aija · 01-23-2008, 06:04 AM

from a quick glance, it looks reasonable. Careful on the fees and Aquis. Fee (make sure its $625 and not $825)

TofuTurkey · 01-23-2008, 06:31 AM

Quote:

Originally Posted by weingarm

Am I overshooting or undershooting on anything?

If you can spare the cash, you can put down (multiple) security deposits to lower the money factor.

01-22-2008, 10:35 PM	#1
weingarm Captain 858 Rep 703 Posts Drives: M3 Join Date: Sep 2007 Location: NY iTrader: (0)	Working the numbers on 335xi coupe I'm looking to lease a 2008 335xi coupe soon configured the following way: Base MSRP $42,600 Space Gray Metallic $475 Black Leather $1450 Cold Weather Package $600 Sport Package $400 iPod adapter $400 Destination $775 Total MSRP $46,700 I've been trolling around on these forums, seeing what people have been getting and I'm trying to figure out what lease terms I should shoot for. I'm looking to do a 36 month, 12,000 miles/year lease. Given that the current MF on the 335xi coupe is .00245 (according to http://www.bimmerfest.com/forums/sho...ht=lease+rates), that the current residual on that car is 60% for 12K miles/yr, and that it seems most people seem to be able to negotiate to a base cap cost of $2000 below MSRP, here's the lease payment I've calculated with $2500 down (according to http://www.leaseguide.com/calc.htm) MSRP $46,700 Base cap cost ($2000 off MSRP): $44,700 Down payment: -$2500 Net cap cost: $42,200 Residual value: 60% Money Factor: .00245 Term: 36 mos @ 12,000 miles/yr Lease Payment: $565.93/month PLUS tax Does this seem reasonable? Am I overshooting or undershooting on anything? Is $2000 off MSRP reasonable? Is the .00245 money factor reasonable? Are there any other factors I should negotiate down further? IS there any advantage to wait till February to work on this deal (aka, change in MF or residual?) Like I said, I didn't get this deal yet, but I just want to see if my numbers seem reasonable to shoot for. By the way, I live in the DC/MD/VA area.
	Appreciate 0 Tweet Quote

01-23-2008, 05:46 AM	#2
Michaeljh2000 Second Lieutenant 7 Rep 211 Posts Drives: 2009 M3, 69 Vette, GSXR 1000 Join Date: Dec 2007 Location: NoVA iTrader: (0)	Sorry, I don't have an answer to your question as I've only researched financing. But, since I'm also local to DC/MD/VA, I'm curious which dealer you chose. BTW: I posted a similar question a few days ago, but have yet to receive a reply. http://www.e90post.com/forums/showthread.php?t=108935 Good luck!
	Appreciate 0 Quote

01-23-2008, 06:04 AM	#3
Aija Captain 29 Rep 687 Posts Drives: 335Coupe 6-Speed! Join Date: Jan 2006 Location: California, Bay Area iTrader: (0)	from a quick glance, it looks reasonable. Careful on the fees and Aquis. Fee (make sure its $625 and not $825)
	Appreciate 0 Quote