Leasing a 2013 135i Coupe

[sivag21]

I am on the verge of placing an order for a 2013 135i coupe European Delivery. The dealer that I am buying from quoted the lowest price ($470 over invoice) for the car among the 20 others I contacted. But for some reason, I believe the monthly lease payment he quotes is too high.

ED MSRP - $42,500 (including tax, title and registration)
Down - $1000 (first lease payment + title and registration)
36 months
12k miles/year
Residual - $27000

Monthly lease payment - $628

Do you guys think it is a good deal ? Are the lease payments always high for a new 1 er model ?

[Nifty]

Best thing I could tell you is to check out Leaseguide.com to plug in the numbers and see for yourself.

That said, $628 a month seems pretty high at first glance. What is the MSRP of your car if you configured it online and did not take into account ED?

[sivag21]

Originally Posted by Nifty

Best thing I could tell you is to check out Leaseguide.com to plug in the numbers and see for yourself.

That said, $628 a month seems pretty high at first glance. What is the MSRP of your car if you configured it online and did not take into account ED?

ED MSRP - $42145
US MSRP - $44,845

Leaseguide.com gives me $473

Btw, I am from Bloomington, IL too

[cooler2442]

He could be marking up your lease terms. Ask him for the money factor and etc.


My car's price was 40.5 and I got it for around 530$ a month which includes the 10% California tax.

[sivag21]

Originally Posted by cooler2442

He could be marking up your lease terms. Ask him for the money factor and etc.


My car's price was 40.5 and I got it for around 530$ a month which includes the 10% California tax.

Yes, I have mailed the dealer asking for his numbers. And I have sent him a snapshot of what leaseguide.com gave me.

[dicker]

He can't actually quote you lease payments on a 2013 yet, BMW FS hasn't provided them!

For now just work on the price of the car and make sure the options are cool, the lease rates you'll have to wait until July or so before BMW comes out with them (production starts in July)

[newnmpr0ved]

Originally Posted by cooler2442

He could be marking up your lease terms. Ask him for the money factor and etc.


My car's price was 40.5 and I got it for around 530$ a month which includes the 10% California tax.

what did you pay up front and what was the MSRP or your car ?

[cooler2442]

Originally Posted by newnmpr0ved

what did you pay up front and what was the MSRP or your car ?

0 up front except first month / registration / etc. MSRP was like 44-45 or so. Got it for a few hundred over invoice basically.

[newnmpr0ved]

Originally Posted by sivag21

I am on the verge of placing an order for a 2013 135i coupe European Delivery. The dealer that I am buying from quoted the lowest price ($470 over invoice) for the car among the 20 others I contacted. But for some reason, I believe the monthly lease payment he quotes is too high.

ED MSRP - $42,500 (including tax, title and registration)
Down - $1000 (first lease payment + title and registration)
36 months
12k miles/year
Residual - $27000

Monthly lease payment - $628

Do you guys think it is a good deal ? Are the lease payments always high for a new 1 er model ?

You may want to check the residual and money factor on this vehicle before you pull any sort of trigger.

Keep in mind that BMWFS charges a $725 acquisition fee.

I got my car for the same terms 36 months 12k miles per year for $516+8.75% california tax. The negotiated price of the car was 40,590. MSRP was 43,245. Residual was 64% and the money factor was .00190.

If you would like to see the contract, PM me.

Hope this helps.

[newnmpr0ved]

Originally Posted by cooler2442

0 up front except first month / registration / etc. MSRP was like 44-45 or so. Got it for a few hundred over invoice basically.

That's a really good deal. As of now, it's hard to get those sort of numbers, especially when you want to order the car.

[Nifty]

Originally Posted by sivag21

ED MSRP - $42145
US MSRP - $44,845

Leaseguide.com gives me $473

Btw, I am from Bloomington, IL too

Small world! I don't see very many 1ers here, and even fewer 135s, I bet I've seen you around town at some point. What dealer are you talking to?

And to echo what others are saying, I wouldn't pull the trigger until you know what the residual and money factor are.

[sivag21]

Originally Posted by dicker

He can't actually quote you lease payments on a 2013 yet, BMW FS hasn't provided them!

For now just work on the price of the car and make sure the options are cool, the lease rates you'll have to wait until July or so before BMW comes out with them (production starts in July)

Yes, he said that the quote is based on 2012 numbers. I am still waiting for the 2013 numbers. But shouldn't 2012 quote be lesser than 2013 ? If 2012 is $628, I can only imagine what 2013 numbers would be.

[sivag21]

Originally Posted by newnmpr0ved

what did you pay up front and what was the MSRP or your car ?

$0 up-front (except for first month payment + title & registration).

[sivag21]

Originally Posted by newnmpr0ved

You may want to check the residual and money factor on this vehicle before you pull any sort of trigger.

Keep in mind that BMWFS charges a $725 acquisition fee.

I got my car for the same terms 36 months 12k miles per year for $516+8.75% california tax. The negotiated price of the car was 40,590. MSRP was 43,245. Residual was 64% and the money factor was .00190.

If you would like to see the contract, PM me.

Hope this helps.

This is an awesome deal. The range seems to be around $510-$530 in places like CA and even lower in states with low tax rates. Your numbers are very similar to mine.

[David 12]

You may want to hold off anyway since the 135is has been announced. Maybe that can be your leverage to get the monthly payment down once BMW releases the money factor and residual.

[reign528]

I placed an order for a 1er with MSRP of 48k with 15k p/y for $630 including taxes. Paid $800 over invoice.