2014 Lease Offer?

taffaej

I haven't lease a car in 10 plus years, thinking about doing it again but I am completely lost when it comes to finding a fair price with the dealer (who is a jerk). The price if I configure it online is $44960. I would like to know what a fair price would be for me and the dealer? Then what do you think my payment should look like? The dealer said they will give me $10k for my 2007 328xi. (I think it should be more) I owe $8k. It looks like the thing to do is put no money down on leases so that is what I would like to do, but obviously I have $2k in my car so.... I want to put no additional cash down other than the $2k and roll tax, title and any fees into my monthly payment. Can anyone get me going in the right direction so I can be done with this deal? Thanks much!

kyfdx

@taffaej said:
I haven't lease a car in 10 plus years, thinking about doing it again but I am completely lost when it comes to finding a fair price with the dealer (who is a jerk). The price if I configure it online is $44960. I would like to know what a fair price would be for me and the dealer? Then what do you think my payment should look like? The dealer said they will give me $10k for my 2007 328xi. (I think it should be more) I owe $8k. It looks like the thing to do is put no money down on leases so that is what I would like to do, but obviously I have $2k in my car so.... I want to put no additional cash down other than the $2k and roll tax, title and any fees into my monthly payment. Can anyone get me going in the right direction so I can be done with this deal? Thanks much!

Let's assume a selling price of $42000 minus the $1500 option credit.

$40500 selling price

$725 acq.fee

$41225 CAP COST

$44960 MSRP

.00130 MF

59% residual

$496/mo.+ tax

Due at signing: 1st payment, title/license/doc.

Hope that helps.