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      02-05-2008, 10:49 AM   #11
InOttawa
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Quote:
Originally Posted by pwong888 View Post
Today i talk to one of the BMW sales concern about the monthly leasing payment of the 1er, he give me the rate of 6.9% 135i with automatic, premium package, primium sound package and sport package and calcultate the monthly payment of $930(tax include) which will be almost the same as the monthly payment of a 335i (4.9%). For $930 monthly for leasing a 135i, i think it is pretty expensive.
Now I am thinking of cut down the Premium package(3500)and the premium sound upgrade(1200) and just add the sunroof(1500) to see the outcome.
I wish they can lower the MSRP or the leasing rate to make it cheaper, otherwise I will consider Lexus or the Mercedes benz C300 start at $41000 and come in standard with sunroof, leather seat and sport package.
That's the thing with leases: they play games with the interest rate and the residual to effectively remove the MSRP from equation (or reduce it's impact).

Do you know what residual he used?
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