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[UdubBadger]

Originally Posted by madowwn

FYI, my dealer will indeed title and register the vehicle for the state of Maryland. I just need a MD license by that time. This will make things much simpler for me.

ahhh yeah that will work too obviously.

[rkdiddy]

Hi All -

Just placed my order for an '11 135i AW w/ 6-speed, M-Sport, Premium, Value, Convenience, Heated Seats and HK Sound.

My question is...

If I were to add the Performance Suspension and possibly the SSK, which are port installed accessories, how do these fit into the price and ultimately the lease?

Are they seen as the other options on the vehicle? Therefore since I'm doing a 24-month lease I would be better off doing it now or does it make sense to wait and do it on my own dime?

Thanks in advance!

[dbtheo]

Originally Posted by rkdiddy

Hi All -

Just placed my order for an '11 135i AW w/ 6-speed, M-Sport, Premium, Value, Convenience, Heated Seats and HK Sound.

My question is...

If I were to add the Performance Suspension and possibly the SSK, which are port installed accessories, how do these fit into the price and ultimately the lease?

Are they seen as the other options on the vehicle? Therefore since I'm doing a 24-month lease I would be better off doing it now or does it make sense to wait and do it on my own dime?

Thanks in advance!

Typically, port installed items can be residualized into the lease, or atleast a certain dollar amount can be. Either way, you would be better off doing port installed, vs dealer installed in terms of overall cost

[rkdiddy]

Originally Posted by dbtheo

Typically, port installed items can be residualized into the lease, or atleast a certain dollar amount can be. Either way, you would be better off doing port installed, vs dealer installed in terms of overall cost

Thanks!

[jameselee]

I kinda had to push for port install of my exhaust & suspension, but saved ~$650 by doing so (thanks to info on these forums). Was able to residualize on $400 of exhaust.

See my past posts for links to others' info on this.

[E92White]

Hi..I have a question.

Do new 2010 135i's qualify for the same type of lease deals as the 2011 models ?

[UdubBadger]

Typically not at this point of the year, thats usually something you see in december, but BMW could since the 2011s came out so early.

[E92White]

Originally Posted by UdubBadger

Typically not at this point of the year, thats usually something you see in december, but BMW could since the 2011s came out so early.

Thanks.

[UdubBadger]

yup. and sorry, what I meant to say was that the current MY usually get better lease rates as we get into December and the next MY comes out but I think you got my drift. Basically a 2010 should lease a little cheaper than a 2011 at this point until the programs go out (as dbtheo points out below).

For some reason when I type on my phone things just don't come out of my brain as well thought out.

[dbtheo]

Originally Posted by E92White

Hi..I have a question.

Do new 2010 135i's qualify for the same type of lease deals as the 2011 models ?

Udub is correct, 2010's are not currently supported by BMWFS for lease options> there is still a strong finance option though, atleast until the 1st

[coldnate]

sometimes it's better to lease a 2011 even with less discount on the car. I got a 69% residual @ .00225 MF. payment would have been $30/mo more on a 2010 that got discounted $1500 more than the 2011.

I'm a CA in SoCal. I know the programs well, if you have any questions feel free to email me.

KapustaN@Autonation.com

[lavman]

you've been kind through 35 pages of posts so far. and here i come . . .

i'm new to iaddicts and this is my first post. i ordered my 135i on august 26 and spent a while negotiating a (hopefully good) lease deal. (in the end, with taxes, title, etc., down ($3xxx) the monthlies worked out to $495/mo, 36 mos, 10k, 64% resid, and a .0017mf, for a $45,500 msrp i got for ~$42,600.)

i put down $1k on credit card for them to order the car which was promised to me in 4-6 weeks. (yeah, right!) their contract at the time delineated the $3xxx, $495, 36mos, and 10k, but not the 64%, .0017, $45,500, or $42,600. hey, it's just a contract so they can order the car and take a deposit.

since i ordered, the mf went down from .0017 to .0013.

therein lies the rub.

on thursday, i asked my ca about the lower rate and he emailed that it would result in only $3-4 mo savings. i wrote back saying that i thought that was incorrect and the only way to resolve the amount, of course, was to print out a lease information screen for my deal, i.e., one that came out to $495/mo with .0017, etc., and then print a screen with all the same numbers *except* changing the .0017 to .0013. i knew damn well how much the difference should be, by the way.

without a response, i went the dealership yesterday and pushed my ca to do the print outs. he went to his manager and came back and said it would now be $480/mo. not wanting to lose out on that reduction i re-signed a new contract. (fyi: i went to law school and in my judgment at that moment i made a good decision as i was concerned they could refuse any reduction at all and i was *not* about to lose $540 in order to *try* to get double that.) anyway, i then told him that i had computed the difference to be $29-$30 and again pushed him to get his manager to run the print outs. he went to his manager and came back quickly telling me that the $480 is the price and his manager won't run the print outs. yes, i know why he won't run them.

i believe that they split the difference between the .0017 and .0013: they gave me $540 off my lease and they took the other $540 as additional profit.

sorry for long set of facts but my questions, though somewhat redundant, should be obvious:

can they do that? do they have to write the lease using .0013 which would lower my 'contract' $495? since my negotiated monthly of $495 was on the contract but my mf was not, are they on legit grounds denying me the reduction? is it discretionary?

if there's anything else i should know, i'd appreciate it.

thanks a ton for reading my tome.

michael

[dicker]

They can write your lease at up to .0017 if you have excellent credit and it goes up from there.

The .00130 is what they buy it for and whatever they sell it for up to .00170 is profit.

Most dealers do not want to give up the entire amount as the finance people are working for free at that point.

[dbtheo]

Originally Posted by lavman

if there's anything else i should know, i'd appreciate it.

thanks a ton for reading my tome.

michael

replied via PM...

[lavman]

five thumbs up (i borrowed two from a friend; don't ask. ) to dave for taking the time to help me with query. dave's really great, not only for taking the time to advise me but for posting for everyone out here for years now.

if anyone's looking for a bmw anywhere near cleveland, go and talk to dave!

michael

[dbtheo]

Originally Posted by lavman

five thumbs up (i borrowed two from a friend; don't ask. ) to dave for taking the time to help me with query. dave's really great, not only for taking the time to advise me but for posting for everyone out here for years now.

if anyone's looking for a bmw anywhere near cleveland, go and talk to dave!

michael

Thanks! Enjoy your new ride

Dave

[AllydNYC]

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[UdubBadger]

Originally Posted by AllydNYC

I don't know if this has been answered yet I'm currently attending school and I'm looking at putting a $5000 down payment on a 135i come April built to my specs for 43k. Would student loans effect my
chances of leasing a car? (I will have a co-signer). I don't have to start paying them back yet and I have no debt.

-Thanks!

It might a little depending on your previous credit history but I have about $40k in loans out right now while I'm finishing up and I had no problem getting mine without a cosigner... I'm also in my late 20's and have had a bunch of revolving credit accounts and 10 previous auto loans - all of which were in good standings. The biggest thing they will look at is your debt to income ratio on a monthly basis. They'll see if you are paying $100 on the loans but only make $500 a month, thats 1/5 of your monthly income which when combined with other things doesn't leave much room for your payments. But if you make $1500 a month, its really not that much so you'll be fine. As long as you're D/I ratio is under 40-50% you should still qualify but again, I am not an F/I guy at your dealership so I don't know what their standards are.

[Thaddy]

Originally Posted by AllydNYC

I don't know if this has been answered yet I'm currently attending school and I'm looking at putting a $5000 down payment on a 135i come April built to my specs for 43k. Would student loans effect my
chances of leasing a car? (I will have a co-signer). I don't have to start paying them back yet and I have no debt.

-Thanks!

Do you know what your credit score is? Income is going to play a larger role, however I believe having a co-signer will help.

PS - I hope you have a job lined up to make these car and insurance payments

[Thaddy]

Regarding the MACO/Training charges...my dealership is saying they cannot and will not remove those charges, and that they even charge their salesmen those fees when buying a car. I've read many stories about people having them removed but I haven't been successful so far. It's not a ton of money, but I don't want to pay them if I don't have to. I haven't signed anything yet, however my car is scheduled for production shortly.

[spyderx]

I've just entered an order and the dealer is telling me that BMW will hold the current low financing/leasing special terms for 60days. So, there's risk that the car will be delivered outside of this window but I can apply which ever specials exist at the time of delivery. Can someone confirm how this works? I dont want to purchase it w/o the financing incentive...

[AllydNYC]

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