THE LARGEST BMW 2-SERIES FORUM ON THE PLANET
2Addicts
2Addicts
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
2Addicts | BMW 2-Series forum BMW 2 Series (F22) Forum 2 Series Pricing, Ordering, European Delivery U.S. lease deals announced - $479/mo for M235i and $359/mo for 228i

Post Reply
 
Thread Tools Search this Thread
      02-02-2014, 12:12 AM   #1
kadify
New Member
 
Drives: Audi a4 cabriolet atm
Join Date: Jan 2014
Location: United States

Posts: 20
iTrader: (0)

U.S. lease deals announced - $479/mo for M235i and $359/mo for 228i

BIMMERPOST
     Featured on BIMMERPOST.com
Announced at BMWUSA.com.

Not sure if it is the same for everyone but $479 a month for the m235i really isn't so bad.


Name:  Screen Shot 2014-02-15 at 8.01.32 PM.jpg
Views: 14074
Size:  49.0 KB



Name:  Screen Shot 2014-02-15 at 8.02.05 PM.jpg
Views: 13674
Size:  49.7 KB
kadify is offline  
0
Reply With Quote
      02-02-2014, 08:29 AM   #2
dmboone25
Major General
 
dmboone25's Avatar
 
Drives: 2014 F22 M235i/DUC M1100 EVO
Join Date: Sep 2006
Location: Dallas, TX

Posts: 5,353
iTrader: (0)

Garage List
2007 E92 328i  [0.00]
2007 328i  [0.00]
Was that for bone stock? How much down?

That sounds insanely low...but good for whoever can get one at that price!
__________________
Current - 2014 F22 M235 - MT, CWP, Premium, Aluminum Hex/Black Gloss Trim.
Past BMWs: 2011 E82 135 - LBM, N55, DCT
2008 E82 135 - AW, N54, MT
2007 E92 328 - JB, N52, MT, ZSP (traded in for 135)
2007 E92 328 - JB, N52, MT (retired by a drunk driver)
dmboone25 is offline   United_States
0
Reply With Quote
      02-02-2014, 09:55 AM   #3
joatmon1967
Enlisted Member
 
Drives: 2012 MINI Coupe
Join Date: Oct 2013
Location: Piney Woods of East Texas

Posts: 35
iTrader: (0)

Well equipped including features such as Premium Package (Leather Seats, Moonroof, Comfort Access, Satellite Radio, Power Front Seats and more), Automatic Transmission, iPod/USB Adapter, Hands-free Bluetooth and Destination charges.

$479*/month for 36 months.
• $479 First months payment
• $3,000 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $4,204 Cash due at signing
joatmon1967 is offline  
0
Reply With Quote
      02-02-2014, 02:29 PM   #4
kadify
New Member
 
Drives: Audi a4 cabriolet atm
Join Date: Jan 2014
Location: United States

Posts: 20
iTrader: (0)

Lease payments of $479.00 for 36 months based on MSRP of $46,325.00


So if you get only the premium package and alpine white paint.
kadify is offline  
0
Reply With Quote
      02-02-2014, 04:59 PM   #5
bradleyland
TIM YOYO
 
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL

Posts: 1,699
iTrader: (0)

Garage List
Quote:
Originally Posted by dmboone25 View Post
Was that for bone stock? How much down?

That sounds insanely low...but good for whoever can get one at that price!
Yeah, "how much down" is the key question. Straight from the BMW website:

"$4,204 Cash due at signing"

So really it's a $520/mo (roughly) lease payment that you can buy down if you want to. I've stopped putting money down on lease vehicles, because you lose 100% of your down payment if you end up in an accident and the car is totaled. Instead, I use the multiple-security-deposit option to buy down the interest rate as much as possible. The sum of all your payments ends up being less, and you get the MSD back at the end of your lease. Win, win.
__________________
His: 2013 ///M3 - Interlagos Blue Black M-DCT
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech
Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport
bradleyland is offline   United_States
0
Reply With Quote
      02-15-2014, 08:36 PM   #6
Bennu
Colonel
 
Bennu's Avatar
 
Drives: BMW Coupe
Join Date: Mar 2007
Location: West Palm Beach

Posts: 2,229
iTrader: (0)

Garage List
2014 BMW/M235i  [0.00]
Quote:
Originally Posted by bradleyland View Post
I've stopped putting money down on lease vehicles, because you lose 100% of your down payment if you end up in an accident and the car is totaled.
I don't understand what you mean. If its totaled wont the gap insurance cover all expenses for another new car?
__________________
------------------------------------------------
Lack of money is not the problem. It is merely a symptom of what's going on inside of you! - T Harv Eker

Bennu is offline   United_States
0
Reply With Quote
      02-15-2014, 08:56 PM   #7
pz619
Private First Class
 
Drives: 2013 328i Sportline
Join Date: Oct 2013
Location: San Diego

Posts: 167
iTrader: (0)

Quote:
Originally Posted by K3N R3D View Post
I don't understand what you mean. If its totaled wont the gap insurance cover all expenses for another new car?
It only covers the balance of the lease. You are out the down payment. Let's say you put down $4K on a lease, you exit the dealership and get t-boned destroying the car. You pretty much spent $4K to drive out of the parking lot.

Putting less down increases your monthly payments, but reduces your risk should something happen. This of course is when gap insurance is key as the insurance company will have to pay more in the same situation as above.
pz619 is offline  
0
Reply With Quote
      02-15-2014, 10:17 PM   #8
Bennu
Colonel
 
Bennu's Avatar
 
Drives: BMW Coupe
Join Date: Mar 2007
Location: West Palm Beach

Posts: 2,229
iTrader: (0)

Garage List
2014 BMW/M235i  [0.00]
Quote:
Originally Posted by pz619 View Post
It only covers the balance of the lease. You are out the down payment. Let's say you put down $4K on a lease, you exit the dealership and get t-boned destroying the car. You pretty much spent $4K to drive out of the parking lot.

Putting less down increases your monthly payments, but reduces your risk should something happen. This of course is when gap insurance is key as the insurance company will have to pay more in the same situation as above.
Are you sure? If what you say is true I agree I don't ever want to put money down on a lease.
__________________
------------------------------------------------
Lack of money is not the problem. It is merely a symptom of what's going on inside of you! - T Harv Eker

Bennu is offline   United_States
0
Reply With Quote
      02-15-2014, 10:30 PM   #9
BEM-S4
Major
 
BEM-S4's Avatar
 
Drives: M235i
Join Date: Oct 2012
Location: Philadelphia

Posts: 1,187
iTrader: (0)

Keep in mind those numbers are pre-tax. I got $48,300 MSRP, $46,800 selling price. Premium package, winter package, Harmon Kardon. $519 per month including tax, after $3k cap cost reduction and regular up front stuff. These will lease out better than S3 (my other option) bc the residual is way better.
BEM-S4 is offline  
0
Reply With Quote
      02-15-2014, 10:46 PM   #10
unintelligible
Computer Janitor
 
unintelligible's Avatar
 
Drives: '12 F30 328i
Join Date: Nov 2011
Location: Melbourne, FL

Posts: 268
iTrader: (0)

Quote:
Originally Posted by K3N R3D View Post
Are you sure? If what you say is true I agree I don't ever want to put money down on a lease.
He is right. You put 4 grand down and it gets totaled driving off the lot, bye bye 4 grand.
__________________
2012 328i Sport Line 6MT
Mineral Grey / Black Leather / Aluminum+Red Trim, Premium, Tech, Apps, HK, Assist, Adaptive Suspension, Xenons, Folding Seats
unintelligible is offline  
0
Reply With Quote
      02-15-2014, 10:53 PM   #11
pz619
Private First Class
 
Drives: 2013 328i Sportline
Join Date: Oct 2013
Location: San Diego

Posts: 167
iTrader: (0)

Quote:
Originally Posted by K3N R3D View Post
Are you sure? If what you say is true I agree I don't ever want to put money down on a lease.
I'm sure! I was surprised to learn this as well. It's better to keep the down payment and invest it. Or if you need the down payment to keep the monthly payments in check, simply put that in an account to subsidize the lease payment on your own.
pz619 is offline  
0
Reply With Quote
      02-16-2014, 06:05 PM   #12
basiluf
First Lieutenant
 
Drives: F22 M235i
Join Date: Mar 2011
Location: Orlando

Posts: 398
iTrader: (0)

Quote:
Originally Posted by unintelligible View Post
He is right. You put 4 grand down and it gets totaled driving off the lot, bye bye 4 grand.
Lets not forget the car getting stolen too. I don't know the odds on this, but in some areas I would assume it would be more likely than totaling a car.
basiluf is offline  
0
Reply With Quote
      02-17-2014, 01:03 AM   #13
Bennu
Colonel
 
Bennu's Avatar
 
Drives: BMW Coupe
Join Date: Mar 2007
Location: West Palm Beach

Posts: 2,229
iTrader: (0)

Garage List
2014 BMW/M235i  [0.00]
Thanks a lot for the tip. I wont ever put money down on a lease. I love this forum
__________________
------------------------------------------------
Lack of money is not the problem. It is merely a symptom of what's going on inside of you! - T Harv Eker

Bennu is offline   United_States
0
Reply With Quote
      02-17-2014, 09:02 AM   #14
livestrong191
Enlisted Member
 
Drives: C350
Join Date: Nov 2013
Location: USA

Posts: 36
iTrader: (0)

Quote:
Originally Posted by bradleyland View Post
Yeah, "how much down" is the key question. Straight from the BMW website:

"$4,204 Cash due at signing"

So really it's a $520/mo (roughly) lease payment that you can buy down if you want to. I've stopped putting money down on lease vehicles, because you lose 100% of your down payment if you end up in an accident and the car is totaled. Instead, I use the multiple-security-deposit option to buy down the interest rate as much as possible. The sum of all your payments ends up being less, and you get the MSD back at the end of your lease. Win, win.
Could you please elaborate on this more the multiple security deposit
Thanks
livestrong191 is offline  
0
Reply With Quote
      02-17-2014, 09:39 AM   #15
Vertigo//SD
First Lieutenant
 
Vertigo//SD's Avatar
 
Drives: X1 xDrive28i (temporarily)
Join Date: Aug 2007
Location: San Diego, CA

Posts: 362
iTrader: (1)

I did multiple security deposits totaling $3,850 on my current X1 lease.
Vertigo//SD is offline  
0
Reply With Quote
      02-17-2014, 10:32 AM   #16
livestrong191
Enlisted Member
 
Drives: C350
Join Date: Nov 2013
Location: USA

Posts: 36
iTrader: (0)

Quote:
Originally Posted by Vertigo//SD View Post
I did multiple security deposits totaling $3,850 on my current X1 lease.
how do u go about doing this. I am confused as to putting no money down or money down to decrease % from the bank
livestrong191 is offline  
0
Reply With Quote
      02-17-2014, 11:01 AM   #17
Vertigo//SD
First Lieutenant
 
Vertigo//SD's Avatar
 
Drives: X1 xDrive28i (temporarily)
Join Date: Aug 2007
Location: San Diego, CA

Posts: 362
iTrader: (1)

Quote:
Originally Posted by livestrong191 View Post
how do u go about doing this. I am confused as to putting no money down or money down to decrease % from the bank
To be honest, I don't know the specific details, and you can probably get answers from your sales advisor. I just know that the security deposits (fully refundable at the end) was a way to lower payments.
Vertigo//SD is offline  
0
Reply With Quote
      02-17-2014, 11:58 AM   #18
basiluf
First Lieutenant
 
Drives: F22 M235i
Join Date: Mar 2011
Location: Orlando

Posts: 398
iTrader: (0)

Instead of doing money down, you can put up to 7 multiple security deposits on your vehicle. Each security deposit is equal to your monthly payment rounded to the nearest $50 dollars.

IE: Payment $490 ---> $500 security deposit ---> $3500 maxed out security deposits
Payment $505 ---> $550 security deposit ---> $3850 maxed out security deposits

In the $505 case, sometimes it's a good idea to put a few hundred dollars down to lower your payment to under $500 to save some money.

Each security deposit lowers your money factor by .0007, for a maximum of .00049, which is a total reduction of 1.18% from your interest rate.

To compare the two using fictitious numbers:

$1000 down payment will lower your payment $20/month
$1000 deposit will lower your payment $12/month

Of course like stated above, you get your money back at the end of the lease, and if your car is stolen or totaled.
basiluf is offline  
+1
Reply With Quote
      02-17-2014, 03:35 PM   #19
dwalls90
Captain
 
Drives: F30 M Sport
Join Date: May 2013
Location: Washington, DC

Posts: 942
iTrader: (0)

How is this remotely competitive pricing? I shouldn't be able to get into a 328 ($339) for less than a 228 ($359). At least the 328 gets some things standard, like power seats, let alone has the same engine, is larger and overall a more versatile vehicle.

Hopefully these are just initial lease prices/deals to cope with the overly high demand they're expecting... otherwise I'll pass on a 2 series next time.
__________________
dwalls90 is offline   United_States
0
Reply With Quote
      02-17-2014, 03:36 PM   #20
cSurf
Captain
 
cSurf's Avatar
 
Drives: BMW
Join Date: Jan 2012
Location: New England

Posts: 953
iTrader: (0)

Quote:
Originally Posted by livestrong191
Quote:
Originally Posted by bradleyland View Post
Yeah, "how much down" is the key question. Straight from the BMW website:

"$4,204 Cash due at signing"

So really it's a $520/mo (roughly) lease payment that you can buy down if you want to. I've stopped putting money down on lease vehicles, because you lose 100% of your down payment if you end up in an accident and the car is totaled. Instead, I use the multiple-security-deposit option to buy down the interest rate as much as possible. The sum of all your payments ends up being less, and you get the MSD back at the end of your lease. Win, win.
Could you please elaborate on this more the multiple security deposit
Thanks
You can lower the money factor (by lowering BMWFS' gap risk to your credit) by putting a chunk of cash in escrow (deposit). The weaker your credit, the more relevant/useful.
cSurf is offline  
0
Reply With Quote
      02-17-2014, 03:37 PM   #21
dd1981
Kapetan Svog Života
 
dd1981's Avatar
 
Drives: 2012 335i sport
Join Date: Dec 2010
Location: Chicago

Posts: 1,678
iTrader: (0)

Garage List
Do you get all the down payment back or part of it?
This is a good deal for the m235. Imo I'd wait at least 6-12 months and get one you can negotiate the msrp Down way more.
__________________
Custom Modified OEM Muffler,
back
dd1981 is offline   Serbia
0
Reply With Quote
      02-17-2014, 03:46 PM   #22
ASAP
Breaks My Wallet
 
ASAP's Avatar
 
Drives: 2009 Baby BMW
Join Date: Sep 2012
Location: 703

Posts: 1,337
iTrader: (0)

So add a few options and you are at $600/month plus taxes.
__________________
2009 135i 6AT
E40 PTF Protune, AR Dp's, 5" ETS FMIC, BMS DCI
ASAP is online now   No_Country
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 06:51 PM.




2addicts
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST