U.S. lease deals announced - $479/mo for M235i and $359/mo for 228i |
Post Reply |
|
Thread Tools | Search this Thread |
02-18-2014, 02:54 PM | #67 | |
Second Lieutenant
90
Rep 238
Posts |
Quote:
This is from my lease paperwork: "You may use some of all of my Security Deposit to pay any amount I owe under this Lease at the end of my Lease Term or upon early termination of the lease. After I have paid my obligations under this Lease, you will refund to me any part of my Security Deposit that is not used to pay what I owe you." So you don't forfeit the money and how can I or anyone else be "screwed...?" Last edited by maxdriver; 02-18-2014 at 03:27 PM.. |
|
Appreciate
0
|
02-18-2014, 04:10 PM | #68 |
mhmmmm
141
Rep 634
Posts |
Those are some sweet lease prices you guys are getting. Up here the 36 month lease with $4200 down comes up to $751 after taxes. That's a hefty premium over what you guys get.
Last edited by johndeere; 02-18-2014 at 04:16 PM.. |
Appreciate
0
|
02-18-2014, 07:40 PM | #69 |
First Lieutenant
9
Rep 347
Posts |
You've left out a few variables, but it seems you're pricing a fully optioned car at the max 24K km/yr. Our lease rates (apr or mf) are higher and our residuals seem a bit lower that quoted in these forums. Also, it seems most people are posting monthly payments before taxes. Your number seems to include our 13% HST monthly. Not apples : apples!
|
Appreciate
0
|
02-18-2014, 09:47 PM | #70 | |
mhmmmm
141
Rep 634
Posts |
Quote:
|
|
Appreciate
0
|
02-18-2014, 11:05 PM | #71 |
First Lieutenant
9
Rep 347
Posts |
Seems quite high, esp with that much down. Is that number from the Canadian configurator? "Bare bones" is CAD$45,000 not incl. PDI, shipping, etc.
|
Appreciate
0
|
02-19-2014, 10:35 AM | #73 | |
Brigadier General
3325
Rep 3,273
Posts |
Quote:
We really need all the numbers. In many instances though, a $1000 increase could only increase the payment by $30. |
|
Appreciate
0
|
02-19-2014, 11:20 AM | #75 | ||
First Lieutenant
11
Rep 323
Posts |
Quote:
Way to figure for a car MSRP (roughly) is to take the increase ($1,000) * opposite of residual / term. Usually works out closer to $12-$15 per thousand. And obviously, adding down reduces payment and adding price increases it. |
||
Appreciate
0
|
02-19-2014, 12:45 PM | #76 |
Enlisted Member
10
Rep 32
Posts |
The reason I ask about the $1000 is because I have never leased and working the numbers to get a payment or even trying to figure out a price point to negotiate with the dealer to get my monthly payment on a lease is confusing me. BUT the lease fits my lifestyle by changing cars every three years, low mileage driving. I have learnt from this forum NOT to put money down on a lease but put security deposits down.
All I want is: BMW 228i M-Package Estroil Blue MSRP:$36,575 DealerPrice :$35477 that's 3% off 1)WHat would my payment be 36month 12K and ZERO$$ deposit 2) What should I be paying for this car or approach the dealer as a fair offer |
Appreciate
0
|
02-20-2014, 10:09 PM | #77 |
Major General
3640
Rep 9,783
Posts |
|
Appreciate
0
|
02-20-2014, 10:33 PM | #78 |
Major
164
Rep 1,053
Posts |
$452/month if your acquisition fee is 725 and rolled in the lease.
Not included in that number is your taxes depending on your state and whatever other fees such as processing and tags/titling. |
Appreciate
0
|
02-21-2014, 03:41 PM | #79 | |
Lieutenant
41
Rep 584
Posts |
Quote:
__________________
CurrentNone! RETIRED [15' GLA250][14' M235i F22 AW-ED 06/16/14][12' 335i F30 AW-ED 05/01/11 PCD 07/01/11] [11' M3 E93 MW-ED 08/13/09 PCD 10/14/09] [09' 135i E82 AW] [07' 335i E90 SB]
[ED Photo 12'] [ED Photo 11'] [ED Photo 09'] [PCD Photo 09'] |
|
Appreciate
0
|
02-21-2014, 10:53 PM | #80 |
Brigadier General
1908
Rep 4,123
Posts
Drives: M235i & G30 540i
Join Date: Mar 2007
Location: Boynton Beach
|
I got quoted a lease on a CLA45 from Frank at Mercedes Benz Palm Beach. MSRP was around $54k. He said it would be around $750 pr month + tax with $5,000 up front for 10k/36mths. When I asked the details on money factor and residuals I never got a response back. LOL
__________________
Lack of money is not the problem. It is merely a symptom of what's going on inside of you! - T Harv Eker
Follow me on Insta https://www.instagram.com/bmwm_life_/ https://www.instagram.com/autogiftua/ https://www.instagram.com/phoenixbmwlife/ |
Appreciate
0
|
02-26-2014, 11:54 AM | #81 | |
Second Lieutenant
222
Rep 250
Posts |
Quote:
__________________
2018 M3 Comp
|
|
Appreciate
0
|
02-26-2014, 01:26 PM | #82 | |
Major General
4529
Rep 8,942
Posts |
Quote:
|
|
Appreciate
0
|
03-05-2014, 03:15 PM | #83 |
Banned
33
Rep 267
Posts |
|
Appreciate
0
|
03-05-2014, 03:18 PM | #84 |
Banned
33
Rep 267
Posts |
I've never put any $ down on a lease (I figure I might as well give them as little $ upfront as possible, cause that's why I'm leasing in the first place; and 2nd it makes it much easier to compare lease deals). However, I didn't know about this other valuable info why never to put $ down!
|
Appreciate
0
|
03-05-2014, 03:29 PM | #85 | |
Banned
33
Rep 267
Posts |
Quote:
|
|
Appreciate
0
|
03-05-2014, 07:06 PM | #86 | |
New Member
1
Rep 7
Posts |
Quote:
I recently ordered a m235i and I've been trying to figure out if using the MSDs is beneficial as well. I figured out how you come up with a 8% or more rate of return. First I used the lease guide calculator below with the MF of .0013 and found the my total lease cost was about 21700. Then I plugged in a MF of .00081 (7 MSDs lowers MF by .00049) and total lease cost is about 20400. The amount saved is $1300 by doing 7 MSDs. 7 MSDs for me = $4200 So an investment of $4200 nets me $4200 (return of deposit) + $1300 (amount saved) or a total of $5500 after 3 years Using the internal rate of return calculator below, my rate of return is 9.4%. For me this is definitely a good investment. My only concern was that if the car is totaled they might not return the MSDs, but as far as I have read since the BMW leases include gap insurance you would get back the MSDs. If someone knows differently please reply. http://www.leaseguide.com/calc.htm https://www.dinkytown.net/java/IRRReturn.html |
|
Appreciate
0
|
03-09-2014, 09:19 PM | #87 | |
Second Lieutenant
90
Rep 238
Posts |
Quote:
I'm an investor myself and I did alot better than 8% last year. Having said that, I'll take a guaranteed 24% over 3 years all day long my friend... |
|
Appreciate
0
|
03-11-2014, 08:57 PM | #88 |
Private First Class
6
Rep 117
Posts |
Good points grp2c and maxdriver. There are a couple other considerations that bolster your calcs: 1. The savings of 8%/year is guaranteed. We all know about the .1 or .2% that many guaranteed investments/savings are paying these days. Investing in the market is not guaranteed so that should be considered. 2. If you didn't save the 8% you would have to pay it with after-tax dollars so you should compute the tax-equivalent yield. Assuming you are in the 28% tax bracket, that would make your tax-equivalent return (the return you would need before taxes to net 8%) around 11.11%. That's close to the market's non-guaranteed average historical return. If you are in a higher tax bracket, it's even better.
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|