[Ryguy29]

Wondering what a good deal would be on a new 2015 M235 with auto transmission... considering ET and money factors I am wondering where it should be a month without the dealer banging me over the head , any input would be greatly appreciated

[Transfer]

Unless you find a 2015 sitting on the lot, they're done and on to 2016s. Lease residuals are drastically different between 2015 (better) and 2016 (worse).

[Ryguy29]

was able to find a leftover 2015 that is listed for 50,170 can anybody give me some info on what a fair # would be to pick this thing up on a lease?????

[bimmercar]

Originally Posted by Ryguy29

was able to find a leftover 2015 that is listed for 50,170 can anybody give me some info on what a fair # would be to pick this thing up on a lease?????

you may read the lease thread "official 2 series pricing"

[Turbo-N55]

Alot of money.

[angelbones]

I'd check Truecar, but this time of year I think you can do better. If you can get about 5-6% off, that's probably good, but some dealers may do better. See the factory invoice (if they don't show you, walk), and work from there. For a M235, they "generally" don't deal as much as they would with a 228, but if you can get anywhere from under invoice to no more than $500 above invoice you're doing well. Of course, watch the money factor, and have your residual be about 62-63%, depending on your mileage.

[dfwmods]

Originally Posted by angelbones

I'd check Truecar, but this time of year I think you can do better. If you can get about 5-6% off, that's probably good, but some dealers may do better. See the factory invoice (if they don't show you, walk), and work from there. For a M235, they "generally" don't deal as much as they would with a 228, but if you can get anywhere from under invoice to no more than $500 above invoice you're doing well. Of course, watch the money factor, and have your residual be about 62-63%, depending on your mileage.

what do you mean by residual?

[TMatt]

Residual value is the percentage of MSRP that BMW thinks the car will be worth after your lease ends. With a lease you are paying for the difference between the selling price and the residual value plus interest.

Read all about leases here: http://f30.bimmerpost.com/forums/sho....php?t=1111667

[dfwmods]

Originally Posted by TMatt

Residual value is the percentage of MSRP that BMW thinks the car will be worth after your lease ends. With a lease you are paying for the difference between the selling price and the residual value plus interest.

Read all about leases here: http://f30.bimmerpost.com/forums/sho....php?t=1111667

Thanks!

[Ryguy29]

Originally Posted by angelbones

I'd check Truecar, but this time of year I think you can do better. If you can get about 5-6% off, that's probably good, but some dealers may do better. See the factory invoice (if they don't show you, walk), and work from there. For a M235, they "generally" don't deal as much as they would with a 228, but if you can get anywhere from under invoice to no more than $500 above invoice you're doing well. Of course, watch the money factor, and have your residual be about 62-63%, depending on your mileage.

@angelbones I was able to get them $3000 below asking price to $47,100- 15k miles 36months $570 monthly $4335 due at signing with all fees and first month included... I think it's a pretty good deal

[gtfalve]

Pm'd Ryguy

[BEM-S4]

Originally Posted by Ryguy29

@angelbones I was able to get them $3000 below asking price to $47,100- 15k miles 36months $570 monthly $4335 due at signing with all fees and first month included... I think it's a pretty good deal

Assume you are paying a cap cost reduction but DON'T.

[Turbo-N55]

Originally Posted by Ryguy29

@angelbones I was able to get them $3000 below asking price to $47,100- 15k miles 36months $570 monthly $4335 due at signing with all fees and first month included... I think it's a pretty good deal

Ripoff

[pz619]

Originally Posted by Ryguy29

@angelbones I was able to get them $3000 below asking price to $47,100- 15k miles 36months $570 monthly $4335 due at signing with all fees and first month included... I think it's a pretty good deal

You are probably better off putting the $4K+ towards multiple security deposits versus cap reduction. You get the money back at the end of lease.

Cap reduction could be a risky proposition. If something happens to the car early in the lease, you typically don't get this money back. Security deposit you do get back.

[Mike_bmw_m235]

Why don't you go to the section of the forum where you can assume a lease?

[iamdabest1]

Originally Posted by Ryguy29

Wondering what a good deal would be on a new 2015 M235 with auto transmission... considering ET and money factors I am wondering where it should be a month without the dealer banging me over the head , any input would be greatly appreciated

For $58,000 msrp I'm paying 625 with 1560 total out of pocket including first month . 36 months 12k a year .

[snaketh]

Originally Posted by pz619

You are probably better off putting the $4K+ towards multiple security deposits versus cap reduction. You get the money back at the end of lease.

Cap reduction could be a risky proposition. If something happens to the car early in the lease, you typically don't get this money back. Security deposit you do get back.

So if you total the car with MSDs you get those back? I'm curious as to how it works because as I understood it, the MSDs are in case you damage the car. I suppose the insurance covers the entire cost of the car and pays that back to BMWFS? Where as Cap cost reduction means insurance only covers the reduced price after you put down $3k or whatever?