Opinions on Lease

ksparks · 09-10-2009, 02:33 PM

Hi,

I would like to get 2010 135i built:

Jet Black
Beige Boston Leather
Steptronic
Msport Package
BMW Assist
Automatic highbeams
Steptronic

MSRP: 41,870

At signing roughly $1500 (Bank fee, 1st payment, tags) Sec deposit waived (loyalty customer)

Monthly payments $584 including NY/brooklyn sales tax 8.875

Does this sound good?

I am not good with this calcualtions, but how much over invoice is this? I read that $500-1000 over is good deal. Is that where I am? I looked at Edmund, but dealer tells me Edmunds is not 100% accurate. He said there are fees for commercials, fees for documents, all that has to be added to that number.

They first said $602, and I declined, they called me today said $584.
Please your help is needed, thank you.

KingOfJericho · 09-10-2009, 02:42 PM

Invoice as built is $38,485 and edmunds is actually very accurate (spot-on). That is invoice for the car alone so he's right in saying that there are doc fees and MACO (commercials) on top of that. Those fees should total less than $400.

ksparks · 09-10-2009, 02:51 PM

thank you.

Would you be able to tell me how I can figure out what they are charging me over invoice? I know my interest rate is .00230 and my residual is 62. I am doing 10k a year lease.

I called the dealer back, and want to know the selling price, but they are off today and come back to work Saturday.

09-10-2009, 02:33 PM	#1
ksparks Private First Class 3 Rep 140 Posts Drives: 2010 135i Join Date: Sep 2009 Location: Brooklyn iTrader: (0)	Opinions on Lease Hi, I would like to get 2010 135i built: Jet Black Beige Boston Leather Steptronic Msport Package BMW Assist Automatic highbeams Steptronic MSRP: 41,870 At signing roughly $1500 (Bank fee, 1st payment, tags) Sec deposit waived (loyalty customer) Monthly payments $584 including NY/brooklyn sales tax 8.875 Does this sound good? I am not good with this calcualtions, but how much over invoice is this? I read that $500-1000 over is good deal. Is that where I am? I looked at Edmund, but dealer tells me Edmunds is not 100% accurate. He said there are fees for commercials, fees for documents, all that has to be added to that number. They first said $602, and I declined, they called me today said $584. Please your help is needed, thank you.
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09-10-2009, 02:42 PM	#2
KingOfJericho Major General 2452 Rep 7,341 Posts Drives: Yes Join Date: Aug 2007 Location: CT iTrader: (1) Garage List 2010 135i Coupe [5.26]	Invoice as built is $38,485 and edmunds is actually very accurate (spot-on). That is invoice for the car alone so he's right in saying that there are doc fees and MACO (commercials) on top of that. Those fees should total less than $400. __________________ The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of Bimmerpost. 2018 Jeep Grand Cherokee High Altitude Hemi \| 2010 S4 Sold \| 2010 BMW 135i Retired \| 2006 Lotus Exige Sold
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09-10-2009, 02:51 PM	#3
ksparks Private First Class 3 Rep 140 Posts Drives: 2010 135i Join Date: Sep 2009 Location: Brooklyn iTrader: (0)	thank you. Would you be able to tell me how I can figure out what they are charging me over invoice? I know my interest rate is .00230 and my residual is 62. I am doing 10k a year lease. I called the dealer back, and want to know the selling price, but they are off today and come back to work Saturday.
	Appreciate 0 Quote